How can we make this world economically better?

[Betwrong]

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The problem of a poor interventionism made by poor governments can be solved by a kind of AI or in-built interventionism in which a cryptocurrency with a system of smart contracts could be "just what the good doctor prescribed".

I agree with the most part of your post. In fact I had expressed very similar views in my earlier post in this thread, in short, that the problem is not in the lack of wealth but in the unequal distribution of it. I even feel that you are trying to say something interesting and valuable in your last sentence, but I just can't get it. Can you please elaborate it little more?

Yes, Betwrong (does this mean you are betting wrong all too much?     ), thank you for the observation. So, my opinion is that (I am an economist so I apologize for bringing actual names and theories into it ) Milton Friedman's free market and John Maynard Keynes' interventionism theory should co-exist and that Satoshi's redesign of the money creation and distribution process + Vitaly Buterik's smart contract system can help in making it possible.

There was another constructive topic on this site (https://bitcointalk.org/index.php?topic=2863445.msg29392144#msg29392144) where we came to a kind of conclusion that a free market and capitalism are the best way to make industrial and economic progress while interventionism and socialistic way of thinking (I won't say "socialism" because to the most of the people it brings back bad memories... however socialism was a good idea of a very poor practical application) are the best way to diminish the segregation process that is the unfortunate by-product of capitalism and free market.

However, interventionism has to be done by governments, and that means by people who by nature are flawed and greedy. We all know that politicians, in most of the cases, even when making decisions beneficial for the society, are actually just doing moves designed by political trading in order to earn some political points (support of the society or/and support of other politicians).

Hence, this interventionism has to be supported by something more objective. If we are talking about the distribution of the money, you can, for example, make a technical committee which decides on the proper distribution and the distribution can be done through Blockchain and secured through smart contracts. Smart contracts would ensure that the money arrives where it was supposed to arrive as they have a self-correcting factor. This means basically this - if I was to buy a property from you, we would make a smart contract and it would make sure that I don't own the property until I pay and that after this contract has been concluded you don't have any means to cheat me (hold the key or something like that)..., or vice-versa. No need for lawyers, no room for cheaters to take money for themselves etc.

Of course, we are far from that, both Blockchain and smart contract system are still flawed, but they already showed us they can be very powerful tools.

Thank you for taking time to elaborate. Indeed smart contracts, after being improved, will replace many current business agreements because with them you can get rid of the lawyer's fees while making the contract even stronger. But for now, when the system is only in its early stage and yet unknown holes can be exploited maliciously, I think it's very important to implement a decent time delay in every contract to have the opportunity to fix everything before a hacker can remove funds in case of an attack.

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[hashshashin]

These problems are really important in our world, and it is not so easy to solve them. Maybe in the future people who get rich with the help of crypto-currencies will contribute to the development of such countries.

[MyIdeas]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

For making this world economically better we have the example of bitcoin. In bitcoin you can see there is not any restriction of borders, castes, wealth, ethnicity etc and all of the community is working together like a family. So if the remaining world will also become a one unit and they will remove all the discrimination among the people then a society will originate when all of the humans will be considered as the same and we all will get the same opportunities of working and we all will earn the same and we all will spend a better life and no one will face poverty if all other are rich.

[wantjokull]

Education and infrastructure development is what we need to break this line!

Unless and until everyone is equally educated we can not help the people to grow themselves and the nation itself. If they are educated then they can get good jobs, nice salary and professionalism in them.

Once they start like that then they will help the country grow as well in terms of its economy too.

[Dothyrain]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

The government should provide livelihood and educaction to all people who are less fortunate and those that belong to the poverty line. We should help one another to make our exonomy better. Good economy start from the leader down to his subordinates. Proper llocation of budget to priority to least priority.

[Fluffinfinity]

We canare make our economy better by joining forces in bringing good things for our country economically. We are also competing to show that our country isn't a worst thing as what others think.

[netil]

The technology of blocking gives a huge number of opportunities for improving the world economy. Crypto makes the entire secondary market of securities unnecessary, which means that the amount of speculation will be significantly reduced.

[pasti kaya]

if the problem of world economy, it is the rights and obligations of governing government and that can change the situation.

[BitcoinTurk]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

This problem is very clear. Different options can be evaluated and given as answers. A better economy is possible today, but many large countries do not allow it to happen. Particularly for underdeveloped countries, gaining their economic independence will be a major problem for some countries such as the United States. I think that there has been no development for that reason and that many developments have been prevented.

[Red Fish]

Ask this question to United Nations, there are many countries, like India, which is very poor country and nobody can not do something. The same is in Africa countries, so this is real headache for many people.  

[Suguha]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

For me, to make the economy better is having a respect and trust to the people around you, in the case of distributing the money to the poor people is, divided into some parts that are needs a money example, structure like hospitals for the poor people, giving a decent job by building a works for people who are needed.

[Noelbetty12]

I heard of a story of a photographer who was greatly affected with what he saw from the people of Africa which lead him to commit suicide to cut his life because he could no longer take everything in. He was so disturbed and felt so much pain for the people there. This would only show how hard life is for the poor. So I think we really need to unite and help each other.

[Colt81]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

Well these are the most unsolved problem in this world poverty, inequality, races discrimination and unequal monetary value. I think the only way to leave the unhelpful situation of being in the lowest status in the society is Education, if you are very educated you know the opportunities and capabilities that you may obgain and share to other people you can be democratic in the way that you know how well you deserve equality , if everyone has the enough education to be hired in a better state of job who offers a fair wages there would be no more beggars, no more people who live for the coins of the richer people, we the less fortunate people is very contented for what we have that gives the richest the constant opportunity to degrade us and rule the world.

[endut15]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

in fact this problem can be solved, as long as they want to change, and the role of government is also very important for the community. because the government is also a benchmark of community life, because the community also needs a job for them to work and to be able to meet their needs, we need a job name, let alone the number of employment is also limited, the poor to be poor , and the rich get rich because they also sometimes eat people's money.

[Dudeperfect]

I believe that governments should focus on building the better education system that will allow people to do what they want and earn money from it. Right now, there is a fundamental defect in the education system all over the world and that results in decreasing the overall efficiency of the society. A good singer is wasting his skills and time by working in a corporate firm, The best teacher is wasting it by working as a driver and the root cause is lack of opportunity and need of making money. We are ignoring the optimum utilization of the human resources in my opinion and it is the worst thing that can happen with the humanity.

[Kalm]

governments is important for the people growth and country growth. If governments mack any place for the country growth. Before learn and check this process. If place was not complete it affect the country and people growth. Economy is important of the country. If country people will be growth country and economy will be growth. It good investment. If economy growth other country will be im prove the buseiness and loanch the new prodact.   

[max fray]

Capitalistic structure of society (respect to private property and effective competition) and equal access to educational opportunities depending on the person's ability are the most important factors, in my opinion.
Look where the greatest majority of poor people live - in backward countries with authoritarian political orders where the value of a human life is extremely low.
Of course, democracy is not the only remedy to poverty but a fairer distribution of benefits could significantly improve the situation in those countries.

[wireless1889]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

Jobs give the country more taxes that the country can use and also the economy is greatly affected and is boosted by this matter. Cryptocurrency can provide jobs for the unemployed since bitcoin as a job takes minimal skills for the employee once it is introduced. As far as I can see only job offerings can make a country better because a country's economy starts wih every individual inside of it so it will start to the people.

[Kittygalore]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

The main problem is poverty that's why a country is down to earth's core because a big factor of it comes to the people. And with poverty it is aligned to unemployment. No job is no salary and it means you will get no money. Cryptocurrencies can be accepted into a country and possibly offer jobs to everyone that is fit for it since it is very easy to understand and to be done also. With this no more is found in the streets and all workers of a country.

[Mpamaegbu]

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

The problem of Africa isn't really poverty sincerely speaking (sincerely writing, actually). Our problem in Africa is Bad Leadership which has easily occasioned corruption and insincerity of purpose. These stupid and bereft of ideas leaders can do anything just to remain in power and arrogant to themselves dictatorial powers and wealth.

About what to do globally to better the world economy? I am afraid not much can be done about that as perpetually there will continue to be poor people in parallel to rich people. It has always been that way from time immemorial. But that isn't to say we shouldn't attempt at helping out. We can start by cleaning and helping out at our individual corners. We can spread the bitcoin opportunities to those poor around us to coax them to key into it. But don't be surprised if those you tell spit your help out before your presence in refusal.