#economicjustice

[karl-says]

Capitalism and the Patriarchy

Through the breaking down of our puritan beliefs about gender and dismantling restrictive gender roles and stereotypes, we bind ourselves, we can take crucial steps toward true freedom. The patriarchy and capitalism so are deeply intertwined, each benefiting and reinforcing the other; the former, through these gender roles, perpetuates inequality an thrives on the hierarchical structures it creates. While capitalism, exploits these divisions to maximize profit and control. Only when they saw more profit and labor did they finally accept women into the workplace.

[ivygorgon]

An open letter to the U.S. Congress

Pass the Price Gouging Prevention Act (S. 3803 / H.R. 7390

1,047 so far! Help us get to 2,000 signers!

Of all the responses to the economic upheavals of the pandemic, price gouging has got to be one of the most egregious. This is when prices go up, or continue to stay high, not due to market pressures or other economic factors, but only because the seller, renter, or provider wants to increase their already excessive profits.

Some CEOs have even bragged to their shareholders about how much their profit-making pricing strategies exceed their inflationary increases in production costs.

To fight back against what they call “greedflation,” Senator Elizabeth Warren and Rep. Jan Schakowsky have reintroduced their Price Gouging Prevention Act (S. 3803 / H.R. 7390) and are now seeking co-sponsors for the bills.

As your constituent, I would like to urge you to co-sponsor and pass this bill. It has several important features: It will prohibit price gouging on a nationwide basis; it will take aim at companies that have taken advantage of the pandemic to jack up prices unnecessarily and keep them up; it will focus on companies whose executives brag to shareholders about increasing prices faster than inflationary costs; it will require public disclosure of companies’ costs and pricing strategies, and it will increase the FTC’s funding to enforce these conditions.

Thank you for considering co-sponsoring the Price Gouging Prevention Act.

▶ Created on March 20 by Jess Craven · 847 signers in the past 7 days

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[unpluggedfinancial]

Bitcoin and Morality: How Digital Currency Could Lead to a Better Society

In a world where financial systems are often riddled with corruption, manipulation, and inequality, the idea that a digital currency could lead to a more moral society may seem far-fetched. However, Bitcoin, with its decentralized and transparent nature, offers a glimpse into a future where financial fairness and ethical behavior could become the norm rather than the exception.

The Moral Challenges of Fiat Currency

For centuries, fiat currencies have been the bedrock of global economies. Yet, their management by governments and central banks often introduces moral dilemmas that go unnoticed by the general public. Inflation, for instance, is a hidden tax that erodes the savings and purchasing power of everyday citizens, disproportionately affecting those with lower incomes. When governments print money to bail out failing institutions, it creates a sense of injustice—rewarding the irresponsible while punishing the prudent.

Furthermore, traditional banking systems frequently exclude vast segments of the population, particularly in developing countries, perpetuating cycles of poverty and financial exclusion. These moral challenges inherent in fiat systems raise an important question: Can we create a financial system that is fair, transparent, and accessible to all?

The Ethical Foundation of Bitcoin

Bitcoin was born out of the 2008 financial crisis—a response to the widespread disillusionment with traditional financial institutions. At its core, Bitcoin embodies principles that align with ethical behavior: transparency, decentralization, and the concept of sound money.

Unlike fiat currencies, Bitcoin’s supply is capped at 21 million, ensuring that no central authority can devalue it through excessive printing. This scarcity introduces a level of trust and predictability that fiat currencies lack. Moreover, Bitcoin operates on a decentralized network, meaning no single entity controls it. Transactions are verified by a global network of nodes, making manipulation nearly impossible and fostering a sense of fairness.

Bitcoin as a Tool for Financial Fairness

One of the most compelling aspects of Bitcoin is its potential to promote financial fairness. In a world where access to financial services is often limited by geography, income, or political circumstances, Bitcoin offers an alternative. With nothing more than an internet connection, anyone can participate in the Bitcoin network, regardless of nationality or economic status.

This equal access is revolutionary. It levels the playing field, allowing individuals in developing countries to store and transfer wealth without relying on unstable local currencies or predatory financial institutions. Moreover, the peer-to-peer nature of Bitcoin transactions eliminates intermediaries, reducing fees and preventing third-party censorship.

The Influence of Bitcoin on Personal Responsibility

Bitcoin’s decentralized nature requires individuals to take responsibility for their own wealth. Unlike traditional banking, where a lost password can be reset with a phone call, Bitcoin ownership comes with the responsibility of securing one’s private keys. This shift from reliance on third parties to self-reliance fosters a greater sense of ownership and accountability.

In a broader sense, this responsibility can extend beyond financial matters. As people become more accustomed to taking control of their financial future, they may also develop a stronger sense of ethical behavior in other areas of their lives. The discipline required to manage Bitcoin effectively could encourage individuals to adopt a more thoughtful and deliberate approach to their decisions, leading to a more responsible society.

A Society Shaped by Bitcoin

Imagine a society where Bitcoin is the standard. Such a society could see significant reductions in corruption, as Bitcoin’s transparent ledger (the blockchain) makes it nearly impossible for illicit activities to go unnoticed. Every transaction is recorded on the blockchain, providing an immutable record that can be audited by anyone. This transparency could deter corrupt practices and promote honesty and accountability at all levels of society.

Furthermore, a Bitcoin-standard society would empower individuals to take control of their financial futures. Without the need for intermediaries, people could transact freely and securely, without fear of censorship or confiscation. This financial sovereignty could lead to a more liberated and morally conscious population, as individuals would no longer be at the mercy of corrupt or unstable financial institutions.

Challenges and Criticisms

While the potential for Bitcoin to foster a more moral society is compelling, it is not without challenges. One of the most common criticisms is Bitcoin’s energy consumption, with some arguing that the environmental impact of mining Bitcoin could outweigh its benefits. However, proponents point out that Bitcoin mining is increasingly powered by renewable energy and that the long-term benefits of a decentralized, transparent financial system could far outweigh these concerns.

Another challenge is the potential for Bitcoin to be used for illicit activities. While Bitcoin’s transparency makes it difficult to hide such activities, the pseudonymous nature of transactions has raised concerns. However, ongoing developments in blockchain analysis and regulatory frameworks are addressing these issues, making Bitcoin a safer and more secure option for all users.

Finally, the risk of wealth inequality in a Bitcoin-dominated economy is a valid concern. Early adopters of Bitcoin have seen significant gains, leading to fears that wealth concentration could occur. However, as Bitcoin continues to gain mainstream adoption, its distribution is likely to become more equitable, especially as more individuals and institutions recognize its value and utility.

Conclusion

Bitcoin is more than just a financial asset; it represents a paradigm shift in how we think about money, fairness, and morality. By promoting transparency, decentralization, and personal responsibility, Bitcoin has the potential to foster a more ethical and just society. While challenges remain, the possibilities for positive change are profound.

As we move forward into a world where Bitcoin plays an increasingly significant role, it’s essential to consider not just the financial implications, but the moral ones as well. Could Bitcoin be the key to creating a better, more ethical society? Only time will tell, but the potential is there for those who dare to imagine a future where money, morality, and fairness go hand in hand.

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[omegaphilosophia]

Balancing Prosperity: The Case for Establishing a Wealth Floor and Ceiling in Economic Systems

Introduction:

In the intricate dance of economic systems, the distribution of wealth plays a pivotal role in shaping the well-being of societies. As we navigate discussions around economic justice, there emerges a compelling argument for implementing both a wealth floor and ceiling. This blog post delves into the rationale behind establishing these bounds, exploring the potential benefits for individuals, communities, and the overall stability of an economy.

The Wealth Floor: Ensuring Basic Dignity and Opportunity

1. Eradicating Extreme Poverty: Establishing a wealth floor ensures that no member of society falls below a certain standard of living. By eradicating extreme poverty, we can uplift the most vulnerable, providing them with the resources necessary for basic needs such as food, shelter, education, and healthcare. This not only fosters a more just society but also contributes to overall social stability.

2. Promoting Economic Mobility: A wealth floor serves as a launching pad for economic mobility. When individuals have access to essential resources, they are better equipped to pursue education, skill development, and entrepreneurship, creating a pathway to upward mobility. This, in turn, contributes to a more dynamic and innovative economy.

3. Enhancing Social Cohesion: A society without extreme poverty fosters greater social cohesion. When all members have a basic level of economic security, disparities and social tensions are reduced. This can lead to stronger communities, increased civic engagement, and a sense of shared responsibility for the well-being of all.

The Wealth Ceiling: Curbing Excessive Inequality and Instability

1. Mitigating Social Inequity: Implementing a wealth ceiling helps curb the concentration of wealth in the hands of a few. Excessive inequality can lead to social unrest, eroding trust in institutions and contributing to a sense of injustice. A wealth ceiling promotes a more equitable distribution of resources, fostering a fairer and more inclusive society.

2. Encouraging Responsible Corporate Behavior: A wealth ceiling places limits on the accumulation of wealth by corporations and individuals. This can incentivize businesses to adopt socially responsible practices, such as fair wages, ethical supply chains, and environmental sustainability. By aligning economic success with broader societal benefits, a wealth ceiling promotes corporate accountability.

3. Preventing Economic Instability: Extreme wealth concentration can contribute to economic instability. When a small percentage of the population holds a disproportionate share of resources, it can lead to market distortions, financial crises, and reduced consumer spending. Implementing a wealth ceiling acts as a safeguard against these destabilizing forces, promoting a more resilient economy.

Finding the Balance: A Holistic Approach to Economic Prosperity

1. Maximizing Human Potential: A well-calibrated combination of a wealth floor and ceiling maximizes human potential. By ensuring that basic needs are met for all and preventing excessive accumulation, societies can foster an environment where individuals can thrive, innovate, and contribute meaningfully to the collective well-being.

2. Sustainable and Inclusive Growth: The establishment of both a wealth floor and ceiling encourages sustainable and inclusive economic growth. It acknowledges that prosperity is not a zero-sum game but a collective endeavor that benefits everyone when wealth is distributed fairly and responsibly.

3. Promoting Long-Term Stability: Striking a balance in wealth distribution contributes to the long-term stability of economies. By addressing extreme poverty and excessive inequality, societies can build resilient economic structures that withstand shocks and prioritize the well-being of all citizens.

Conclusion:

In conclusion, the implementation of a wealth floor and ceiling represents a nuanced and compassionate approach to economic governance. By ensuring that no one is left behind while preventing the concentration of wealth in the hands of a few, societies can pave the way for prosperity that is sustainable, inclusive, and morally grounded. The pursuit of economic justice requires a commitment to finding this delicate balance, where the welfare of individuals and the collective good are held in harmonious equilibrium.

[autism-unfiltered]



The Necessity of Economic Justice for Equality

Economic justice is an essential element in the fight for equality. It's not enough to strive for social fairness alone; we must address systemic economic disparities that perpetuate inequality. Economic justice can empower marginalized communities, including neurodiverse individuals, by ensuring they have fair access to resources and opportunities.

Only by dismantling the structures that perpetuate wealth inequality can we build a truly equal society. It's time to advocate for policies that support wealth redistribution and protect the rights of all workers, especially those from marginalized backgrounds. Let's fight for a world where everyone has the economic stability they need to thrive.

[ladookhotnikov]

ECB: Early Bitcoin Adopters Accused of Stealing Economic Value from Latecomers

Researchers at the European Central Bank (ECB) have released a study that claims that the first Bitcoin holders Bitcoin reap disproportionate profits at the expense of latecomers. The report assures that those who entered the Bitcoin market early have "skimmed off the cream" of the profits, and those who joined later allegedly, are in continuous losses, enriching the earlier group. The authors literally accused cryptocurrency enthusiasts of exploiting their followers. 

The study, which presents itself as a scientific research, faced immediate backlash online. In particular, an early Bitcoin follower, Tuur Demester, harshly criticized this work, denouncing the article as aggressive. He framed it as an attack on cryptocurrency holders and suggested that this was to be expected, given Bitcoin’s growing role in the modern world. Bitcoin becomes a stumbling block between the authorities and ordinary people. In his opinion, this tension highlights a larger battle over the basic right to own property, who have to prove their basic right, while the authorities do not show this no respect.

He considered that this was an attack on the owners of cryptocurrencies and expressed the idea that this was expected. He rightly pointed out that Bitcoin has become a stumbling block between the authorities and ordinary citizens who have to prove their basic right to own property, while the authorities show little respect for it in the context of decentralized finance. In my view, the ECB's report feels like an attempt to discredit a movement that challenges the centralized control of wealth and power.

However, it's hardly surprising. Earlier this year, an ECB representative bluntly stated that Bitcoin wasn't "suitable for anything." Now, with this report, experts are shrugging shoulders: either the respected financial institution is being dishonest, or it's deceiving itself. There seems to be no third option.

[employmentnewstruth]

Are you ready to uncover the shadowy practices lurking within the staffing industry? In this eye-opening video, we delve into the rampant issue of fraud facilitated by "piggybacking" — a deceitful scheme where staffing agencies dodge legal and financial responsibilities by misusing another company's insurance or resources. But it's not just about the fraud; it's about the courageous fight against it.

Join us as we shine a light on...

The Mechanics of Piggybacking Fraud How it works, who it affects, and why it's so damaging to both workers and legitimate businesses.

The Unsung Heroes Meet the citizen journalists and whistleblowers who are risking it all to speak out. They're not just reporting; they're revolutionizing how we tackle industry corruption.

Real Stories, Real Impact Hear firsthand accounts from those who've been scammed and see how their stories are sparking a movement.

What You Can Do Tips on how to spot, avoid, and report staffing fraud, empowering you to protect yourself and others.

This video is your wake-up call to the realities of the staffing world and a tribute to those fighting for transparency and justice.

Don't forget to like, share, and subscribe for more content that matters!

Staffing Piggybacking Insurance Fraud is being exposed at an all time high, and many say its because of Citizen Journalists and Activists who are to thank for bringing this important issue to light.

[blumoonfiction-blog]

IRL:(In Real Life) We Are The Districts

In The Hunger Games, the Capitol exudes extreme opulence, with its citizens indulging in excess while the Districts suffer in poverty. The Capitol’s inhabitants live in luxury, flaunting their wealth with extravagant banquets, lavish parties, and opulent fashion. They even use special pills to vomit so they can keep eating without limit. This extravagant lifestyle is a stark contrast to the grim…

[renatoferreiradasilva]

Critical and Transformative Economics: An Interdisciplinary Approach to Sustainable Development

Contemporary economics faces a series of complex challenges, including growing social inequality, environmental degradation, and global economic instability. Faced with these challenges, there is a need for a more critical and transformative approach to rethink existing economic and social structures. In this context, Critical and Transformative Economics (CTE) emerges as a promising alternative, offering an interdisciplinary vision that prioritizes sustainability, equity, and human well-being.

Foundations of Critical and Transformative Economics

CTE is based on a critical analysis of power relations and systemic inequalities present in the current economic system. Recognizing the limitations of the neoliberal capitalist model, CTE proposes an approach that questions the logic of unlimited economic growth and profit maximization, advocating instead for environmental sustainability, social equity, and human development. This interdisciplinary approach incorporates insights from economics, sociology, ecology, and other disciplines, seeking a holistic understanding of contemporary economic challenges.

Experimentation and Critical Inquiry in CTE

A central aspect of CTE is the emphasis on experimentation and critical inquiry. Through experimentation with new economic theories and models, critical economists can explore innovative alternatives that challenge established conventions. Additionally, critical questioning of existing power structures is essential to expose the flaws and injustices of the current economic system, paving the way for transformative solutions.

CTE and Sustainable Development

CTE plays a crucial role in promoting sustainable development. By prioritizing environmental and social sustainability, CTE seeks to develop economic models that meet the needs of present generations without compromising the future. This involves adopting policies and practices that promote equity, social justice, and the preservation of natural resources, aligning with the United Nations' Sustainable Development Goals (SDGs).

Challenges and Opportunities of CTE

Despite its transformative potential, CTE faces challenges in its implementation. Resistance from established institutions, lack of resources, and public skepticism may hinder the widespread adoption of its proposals. However, the opportunities offered by CTE are equally significant. By challenging the status quo, promoting critical inquiry, and seeking innovative solutions, CTE has the potential to catalyze a transition to a fairer, more equitable, and sustainable economy.

Conclusion

In conclusion, Critical and Transformative Economics represents an essential approach to addressing the challenges of the 21st century and building a future that is more just, equitable, and sustainable. Through critical analysis, experimentation, and interdisciplinary collaboration, CTE offers a transformative perspective that seeks not only to understand but also to reconfigure economic and social structures towards a more sustainable and inclusive world. Thus, it is crucial for researchers, policymakers, and society as a whole to recognize the potential of CTE and work together for its effective implementation.

elaborado com inteligência artificial

[kapitaali]

The Scam Economy with Cory Doctorow | Lost Dollar Business Club Ep426

Join us on this riveting episode of the “Lost All Business Club” as we dive into the intricacies of the scam economy with none other than Cory Efram Doctorow, the Canadian-British maestro of science fiction and an outspoken advocate for the liberalization of copyright laws. In a world rife with economic sleights of hand, Cory sheds light on his latest work, "The Bezzel," an exposé that promises to rattle the cages of conventional thinking.

TimeStamps (0:00 - 1:00) introduction to the show's theme, focusing on the determinants of business success and failure.

(1:01 - 2:30) Cory Doctorow Introduction

(2:31 - 10:00) Discussion on "The Bezzel

(10:01 - 15:00) Economic Scams and Real Economy Impact

(15:01 - 20:00) Technology and Prison Tech Story

(20:01 - 28:19) Goals of Writing

(28:20 - 35:00) Consequences of Economic Scams

(35:01 - 40:00) Role of Technology in Economic Scams

(40:01 - 45:00) The Ethical Dilemma in Tech Innovation

(45:01 - 50:00) The Real Victims of the Scam Economy

(50:01 - 55:00) Lost and Found

Join us on this eye-opening episode of the Lost Dollar Business Club, where we delve into the intricate world of business successes and failures, with a special focus on the burgeoning scam economy. Featuring the critically acclaimed Canadian blogger, journalist, and author Cory Doctorow, this episode is a riveting exploration of the shadows cast by technological advancements on our financial systems. Doctorow, known for his penetrating insights into the digital and economic landscapes, shares his thoughts on the mechanisms of high-tech finance scams and their profound impacts on society. #CoryDoctorow #ScamEconomy #BusinessInsights

In "Unveiling the Scam Economy," we navigate through the complexities of the digital age, guided by Doctorow's expertise. He introduces us to "The Bezzel," his latest work that centers on Martin Hench, a forensic accountant unraveling the web of deception spun by Silicon Valley's elite. This episode is not just a conversation; it's an enlightening journey into the heart of economic scams, the illusion of prosperity they create, and the harsh realities they mask. #TheBezzel #TechnologyScams #EconomicReality #technology

Doctorow's discourse extends beyond his novels, touching on the broader implications of the scam economy on the real world. He elaborates on how technological exploitation has reached into the lives of the most vulnerable, particularly prisoners, turning advancements into tools of injustice. This episode challenges us to look beyond the surface, questioning the ethical boundaries of our rapidly evolving tech landscape. #TechEthics #PrisonTech #DigitalExploitation

"Unveiling the Scam Economy" is more than just an episode; it's a call to action. Through engaging discussions and Doctorow's compelling narratives, we're invited to scrutinize the policies and decisions shaping our digital and economic futures. This episode is a must-watch for anyone interested in the intersections of technology, economy, and society, offering insights and inspiration to navigate the challenges of the scam economy. Tune in, be informed, and join the conversation on how we can build a more equitable digital world together. #DigitalFuture #EconomicJustice #LostDollarBusinessClub #CoryDoctorow #ScamEconomy #ESGDebate #TheBezzel #CopyrightReform #CreativeCommons #EducationCrisis #LostAllBusinessClub #EconomicExpose #SaturdayThoughts #esg #2ofentertainment #twooldfartsmakingnoises #lostandfound #china #useducation #podcast

Our Social https://linktr.ee/tofentertainment Our Merch https://2oldfarts.vip/

[karl-says]

I need a better way to say "seize the means of production" to boomers

[ivygorgon]

An open letter to the U.S. Congress

Expand Social Security by Taxing the Rich!

1,122 so far! Help us get to 2,000 signers!

If nothing is done to strengthen Social Security’s finances, starting in 2034, Social Security will only be able to pay roughly 80% of benefits owed. Thankfully, there’s a fiscally responsible easy solution to this future shortfall that doesn’t impoverish seniors or their families: Make the wealthy pay their fair share! Senator Bernie Sanders has introduced the Social Security Expansion Act of 2023, which would increase benefits by $2,400, extend the lifespan of the Trust Fund by 75 years and do much more to solidify this bedrock of working-class prosperity. And, it’s completely paid for by scrapping the payroll tax cap on incomes over $250,000―meaning that millionaires and billionaires would finally start paying more of their fair share. In the House, Rep. John Larson has previously introduced the Social Security 2100 Act: A Sacred Trust, which would affect just the top 0.4% of wage earners. It would fulfill the promise of our Social Security system by improving benefits for millions of seniors living in poverty and extending the lifespan of the Trust Fund―once again, paid for by making the wealthy pay more of their fair share. Instead of Republican proposals to raise the retirement age or directly cut benefits, Congress needs to scrap the Social Security payroll tax cap on the wealthy. That means that while working people won’t pay a dime more in Social Security contributions, millionaires and billionaires will finally be paying their fair share all year long. Good!

▶ Created on January 11 by Jess Craven

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[jjbizconsult]

#14MillionAnHour?! This wealth gap is obscene! Time to fight for a fairer world. #EndPoverty

[sillygalaxyangel]

Navigating the Maze: How Taxation Shapes the Landscape of Income Inequality 📊💸

Hey Tumblr thinkers! 🌈✨ Let's take a journey into the world of taxation and its profound impact on income inequality. 🚀💰

🔍 Breaking it Down: Taxation isn't just about funding government programs; it's a powerful tool that can either bridge or widen the gap between the haves and the have-nots. 🤔💡

💼 Tax Policies & Wealth Distribution: Different tax policies can either promote economic equality or contribute to a growing wealth divide. Ever wondered how progressive or regressive tax systems influence who bears the financial burden?

💸 The Role of Social Programs: Explore how tax revenues fund social programs that aim to uplift the less fortunate. From healthcare to education, taxes play a vital role in creating a safety net that reduces income inequality.

🌐 Global Perspectives: Take a peek at how tax policies vary globally and their implications on income distribution. Are some countries getting it right in the battle against inequality?

🔄 Cycles of Inequality: Dive into the cyclical relationship between taxation, public spending, and income inequality. How can breaking this cycle create a more just and equitable society?

🌟 The Call for Reform: Discuss the ongoing debates surrounding tax reform and its potential to reshape economic landscapes. Can progressive tax policies pave the way for a fairer future?

💬 Join the Conversation: What are your thoughts on the impact of taxation on income inequality? Share your insights, questions, and opinions in the comments! Let's keep the dialogue flowing. 💬🌍