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An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World

Macaluso, Joseph (2014): An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World.

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Abstract

This paper describes an alternative way (other than taxation) to eliminate poverty and unemployment from the world. This is done by creating a single money worldwide, and letting each government subsidize the economy of each country, through acting as a non-profit venture capital subsidizer, by forward borrowing on the economic growth that such a subsidization will produce through the increase in jobs and consumers created. This creation of wealth by government will be a process similar to the market's process of creating wealth through price fixing.

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