Solving the Global Problem of the Systemic Poverty

Konstantinos Kyritsis

ISBN 10: 6200257175 / ISBN 13: 9786200257178

Published by LAP LAMBERT Academic Publishing Apr 2022, 2022

About this Item

Neuware -The main fault of the economic system is systemic poverty. In the systemic poverty there is no lack of goods and services but lack of the right to access them (money). Systemic poverty creates increased suicides, poor health, inability to make a family, reduced span of life, etc. The United Nations in recent years has declared a planetary scale campaign to eradicate poverty from the planet. Systemic poverty can be cured through free basic income. The free basic income is, unfortunately, not possible to be derived solely from taxes as it is a too large expense for Governments, so it has to be derived directly from currency issuing by the central bank or decentralized digital currencies. We state the necessary new principles and rules for decentralized digital currencies so as to give free basic income. As an alternative we analyze the necessary democratization that is required for the banking monetary system, so as to allow politicians to provide the free basic income.Books on Demand GmbH, Überseering 33, 22297 Hamburg 68 pp. Englisch.

Seller Inventory # 9786200257178

Bibliographic Details

• Title: Solving the Global Problem of the Systemic Poverty
• Publisher: LAP LAMBERT Academic Publishing Apr 2022
• Publication Date: 2022
• Language: English
• ISBN 10: 6200257175
• ISBN 13: 9786200257178
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 5D millimeters 220 millimeters width by 150 millimeters height by 5 millimeters depth
• Weight: 119 grams

About this title

Synopsis

The main fault of the economic system is systemic poverty. In the systemic poverty there is no lack of goods and services but lack of the right to access them (money). Systemic poverty creates increased suicides, poor health, inability to make a family, reduced span of life, etc. The United Nations in recent years has declared a planetary scale campaign to eradicate poverty from the planet. Systemic poverty can be cured through free basic income. The free basic income is, unfortunately, not possible to be derived solely from taxes as it is a too large expense for Governments, so it has to be derived directly from currency issuing by the central bank or decentralized digital currencies. We state the necessary new principles and rules for decentralized digital currencies so as to give free basic income. As an alternative we analyze the necessary democratization that is required for the banking monetary system, so as to allow politicians to provide the free basic income.