Economics
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MM:Matthew Mausner
The 2008-current recession shows that the prevailing model of materialist capitalism has failed.
Crashes/ Depressions/ Recessions i.e. 2008, irrationalities like the hi-tech or real estate bubbles, and the industrial cannibalization of the earth's resources, together constitute proof that the guiding model and values of our current economic paradigm have failed and are bad for people and the earth.
MM:
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What would happen if we outlawed the accumulation of interest? Based on the theories of Silvio Gesell http://en.wikipedia.org/wiki/Silvio_Gesell, a town in Austria in 1932 adopted a policy to this effect, and experienced prosperity for years in the midst of the great depression. Rich people are forced to re-invest their money directly in businesses, income inequality decreases, and everyone prospers...
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