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jump to last post 1-6 of 6 discussions (12 posts)

If the World's Poor a Decent Living There'd be Billions New Customers

  1. AdsenseStrategies profile image77
    AdsenseStrategiesposted 8 years ago

    There is a theory in development economics that the best thing the West could do to improve its own economy would be to create a world where the four billion struggling to survive had disposable income -- companies thrive on customers; an extra four billon potential customers could only help Western companies...

    ... heck even an extra billion could help Western companies.

    This is a theory that is being seriously discussed, and it has some merit, right...? I mean, people everywhere need more or less the same things: combs and brushes, batteries, clothes, telephones, computers, pens, paper, bicycles, buckets, cups, plates.........etc, etc...

    1. tksensei profile image60
      tksenseiposted 8 years agoin reply to this

      Um, yes? And? Not exactly a shocking new theory...

    2. VB_Coder1001001 profile image60
      VB_Coder1001001posted 8 years agoin reply to this

      Actually, no! Money only has value because there are people out there that don't have money. The value of money is dictated by how much of it (money) is available. If everyone had enough money, all it would do would de-value its worth, which means that you would be paying more for your goods and your living expenses would rocket as a result. That's not my fault I did not design the money system...but I am well aware of those crooks who did and are now enslaving the world through the monetary system.

    3. Yankee Reb profile image57
      Yankee Rebposted 7 years agoin reply to this

      There is a theory in development economics that the best thing the West could do to improve its own economy would be to create a world where the four billion struggling to survive had disposable income -- companies thrive on customers; an extra four billon potential customers could only help Western companies...

      ... heck even an extra billion could help Western companies.

      This is a theory that is being seriously discussed, and it has some merit, right...? I mean, people everywhere need more or less the same things: combs and brushes, batteries, clothes, telephones, computers, pens, paper, bicycles, buckets, cups, plates.........etc, etc...

      What you are describing is GLOBALISM - we are facing this now!
      It's called Out Sourcing -- the poor people of China have much of the global manufacturing -- The poor people of India are in tech support and we American's are raising havoc because our jobs are over sea's

      THAT'S WHAT YOU WANT? American's don't have jobs because THEY DO!

      of course it does go much deeper than my post - what I am saying here barely touches the surface of the root situation ...

      IMO - you are being indoctrinated into the destruction of the American Economy by sympathizers with a third worlds mentality.

  2. AEvans profile image79
    AEvansposted 8 years ago

    Where are you going with this? smile

  3. cheaptrick profile image73
    cheaptrickposted 8 years ago

    Here's a projection:When physicists learn to manipulate matter(the Holy Grail of Alchemy) and robotics reaches the predicted singularity of artificial intelligence where a robot with greater intelligence than humans is built,there will be no more economics,only wish fulfilment.
    Current trends place this in the year 2050...

  4. peterxdunn profile image60
    peterxdunnposted 7 years ago

    I broadly agree with VB_Coder1001001.

    Wealth is defined by poverty and poverty is 'designed into' the monetary system. It is the fear of poverty that keeps us all chasing that pot of gold at the end of the rainbow (or our own tails - which ever you prefer).

    The amount of money in any economy is controlled by the privately owned central reserve banks who also control what that money is worth so the dice are always loaded against the little guy (except in Hollywood movies).

    If you would like to learn how the grand scam works google this film title 'Zeitgeist Addendum' and download it (its free).

  5. alternate poet profile image65
    alternate poetposted 7 years ago

    I can agree with the above - the monetary system only works because for every one dollar someone must need one dollar (to give it value) additional value comes from those who merely want it.

    If nobody needs it - it has no value, if less people need it it has less value.

    This is the open secret of economics - every upward trend or curve on every model must have its downside.  Unless value is divided into more coinage than money the destructive cycle of making the extra that appears to make the system work will go on.

  6. habee profile image95
    habeeposted 7 years ago

    Um...huh??

    1. alternate poet profile image65
      alternate poetposted 7 years agoin reply to this

      If you don't want my dollar it is worth nothing except the paper it is printed on.  You gotta want it for it to have any valaue.  It is not about what to do with money it is in the idea of money itelf,  and money is only an idea - those post holcaust movies usually portray people burning money to keep warm or whatever, it becomes just paper if nobody wants it, so to maintain the value of money there must be someone who wants every dollar.

      1. habee profile image95
        habeeposted 7 years agoin reply to this

        So true, AP! That's why I prefer the barter system.

        1. alternate poet profile image65
          alternate poetposted 7 years agoin reply to this

          That may be a good skill to have if the economic collapse (that is possible) actually arrives big_smile

 
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