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Author Topic: How can we make this world economically better?  (Read 28253 times)
waqasniaz007
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May 08, 2018, 06:43:44 AM
Merited by crea8ivemoiz (6), bitcad4u (1)
 #1

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?
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May 08, 2018, 07:18:54 AM
 #2

This is only possible through financial education not giving money to poor people or poor countries.If we give money to a poor man or poor country without correct financial education on better dealing with money,they will keep coming back to us and in that way there will never be financial freedom or better economy in the world.Let us deal with the minds of people first then the desired result will follow us soon.

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May 08, 2018, 08:04:17 AM
 #3

Our government need a program about how to earn in crypto currency  such how and what is bounty campaign . Poor is not required some funds to start  just need a gadget and internet( provided by the government). They can earn and earn joining bounty campaign so volume of  poverty will decrease, decrease as time past. And nean while after a years these poverty will  lessen and no people die

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May 08, 2018, 08:13:37 AM
 #4

actually crypto world is a huge step for change this world to comply decentralized, as a crypto investors-fans-supporters will be a part of this change.
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May 08, 2018, 08:39:06 AM
 #5

small-sized governments should start in the US, CHINA and JAPAN. example; The level of the US economy is no doubt. This country is already a model of many countries from all aspects. The $ 19.42 trillion economy is 25 percent of the world's gross product. The United States is a highly developed economic superpower in terms of technology and infrastructure and has abundant natural resources. However, the US economy lost its place as the number one economy shifted by China when measured from GDP based on PPP. In this case, China's GDP is US $ 23.19 trillion exceeding US GDP of US $ 19.42 trillion. small-sized governments have to start small steps from now, so that later they can change the country's own economy.
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May 08, 2018, 08:43:10 AM
 #6

What it comes down to is resources. We have a finite amount of resources on this planet. With our population growing more and more  plus the population of animal life, we cannot sustain it anymore to feed,.clothe and house everyone. What people should be doing is to stop procreating so much and just be ok with 1 child.

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May 08, 2018, 08:45:03 AM
 #7

Why not increase the wages of skilled laborers and decrease the wage of workers including CEOs and management level employees? Wouldn't that help the poor and balance out the economy?
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May 08, 2018, 08:57:09 AM
 #8

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 equality among the people mostly caused by improper management by the governments and they never make the appropriate employments for their country people so the poor getting poorer,and most of the governments only supports rich people so they are getting richer and richer.So we need to make our own jobs rather than trusting the government and start earning money.

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May 08, 2018, 08:58:41 AM
 #9

Why not increase the wages of skilled laborers and decrease the wage of workers including CEOs and management level employees? Wouldn't that help the poor and balance out the economy?
That wouldn't simply balance out the economy at all because many people who are considered poor doesn't have jobs themselves. What the governments around the world needs to do is to focus on multiply available jobs everywhere to accommodate the growing population. Paired with mimienamphine's suggestion, free education(to increase literacy level), and poor people's hard work will surely make this world economically better.
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May 08, 2018, 09:30:29 AM
 #10

Tax cuts and tax rebates, I think this will contribute. By this more money back into the pockets of consumers. Doing this consumers can spend a portion of the money at various businesses' revenues, cash flows and profits. These include more cash for businesses resources to procure capital, improve technology, grow and expand. On these action increase productivity, this grows the economy. Other than that I think it will be good is to require unemployed workers to volunteer. As they encourage unemployment by rewarding the unemployed. Research shows the longer the unemployment payments the longer the jobless stay jobless. Doing this, shortening the duration of unemployment insurance and requiring those receiving checks to volunteer at a non-profit, both parties can benefit. Contributing to society, they can gain skills, contacts and references. This will help them successful in the next job as they attain and in turn.

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May 08, 2018, 09:43:02 AM
Merited by amishmanish (1)
 #11

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?

I think its important to provide equality of opportunity first and foremost. Even though your outlook does seem quite doom and gloom, on a whole living standards are increasing massively and have done for the last 200 years so I'm quite optimistic that we are heading in the right direction.

I think institutional charity is one of the biggest things holding back economically poor countries. I think its a tactic used to control these countries by the superpowers of the world. We are keeping them on life support instead of letting natural growth and innovation. This may seem contradictory because 'charity' has so many positive connotations but I don't think it is doing anything for these poor societies you are referring to.

Also the introduction of crypto will hopefully go along way to solving some of these issues by decentralising big corporations. The wealth will be much more evenly distributed which is all we can hope for. Financial inclusion is the name of the game for me, especially over the next century!
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May 08, 2018, 10:03:48 AM
 #12

What it comes down to is resources. We have a finite amount of resources on this planet. With our population growing more and more  plus the population of animal life, we cannot sustain it anymore to feed,.clothe and house everyone. What people should be doing is to stop procreating so much and just be ok with 1 child.

I disagree. There are enough resources for everyone in this world and I think if population was two times greater there still would be enough food and other resources for all people. The problem is not in in the lack of resources, but rather in very unequal distribution of them. Around 30% of the food produced in the world for human consumption (approximately 1.3 billion tonnes) wasted every year. As for where to live, around 47 percent of the USA remains unoccupied according to a research, and only 3% of the world's land surface is covered with urban areas. As for clothes, Americans throw away 13 million tons of textiles each year, and for Europeans this number is 6 million tons. That's roughly 20 million tons in total. Considering that 2 kg would be enough for one person to clothe oneself:

20,000,000,000 : 2 = 10,000,000

it would be possible to provide with clothes around 10 billion people.

And it's not that people of the Western world, having more than enough, don't want to help those who in need. The thing is that the humanitarian aid being addressed to the people of the poor countries is often intercepted by the governments of those countries and then through sophisticated manipulations is used for buying weapons, luxury cars, building castles for themselves etc. It's almost impossible to help people living in those countries while they live under those governments.

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May 08, 2018, 10:20:53 AM
 #13

I think its important to provide equality of opportunity first and foremost. Even though your outlook does seem quite doom and gloom, on a whole living standards are increasing massively and have done for the last 200 years so I'm quite optimistic that we are heading in the right direction.
Right. Opportunity to improve ones lot is the first requirement. Several of the African countries where people are living in poverty have warlord type governments where people have to worry about their safety first than anything else.

I think institutional charity is one of the biggest things holding back economically poor countries. I think its a tactic used to control these countries by the superpowers of the world. We are keeping them on life support instead of letting natural growth and innovation.
Most of this institutional charity flows through institutions into the pockets of those who control them. This becomes just another form of kickbacks. Why else would we still have unpopular leaders continuing to rule through power of the gun. Where do these people get the resources to maintain huge police states to keep the people under heel.

People who want to make the world better should also realize that life is lived at several different levels by people. A tribal family living happily in a jungle in deep interiors of India can be as happy and prosperous as one living in a concrete jungle in New York. Forcing the notions of growth and development onto people who don't really want it, isn't a desirable outcome either.

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May 08, 2018, 10:21:51 AM
 #14

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 every country experience the improper managements to their economy due to its population growth that may caused financial education,so why not government make the appropriate program to those who need proper job and to those unfortunate people,government should focus their support on them to make the better economy...
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May 08, 2018, 11:28:03 AM
 #15

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?

It's a difficult question. Perhaps, we should start from simple things first? For example, decentralization. Let's appreciate our personal data on the Internet.
Like this for example! https://www.youtube.com/watch?v=coOgmyEDsgw The journey of a thousand miles begins with one step. My point is that things must be decentralized and monetized. I hope blockchain will help us with that.  Roll Eyes
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May 08, 2018, 02:36:23 PM
 #16

we can make our economy better if all the people have work and can sustain all the needs of their family. imagine every citizen is paying their taxes, and the government is responsible enough to handle our taxes. we can make a difference and our economy will be better and we can solve the issue of poverty and many more. if we could only set aside our own interests and think of what we can do to others.
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May 08, 2018, 03:08:24 PM
 #17

I think lack of employment rate may reduced the numbere of poor people especially in asia and african countries. These are the common reason why these continents stay in the same level of economic status.
Rich are becoming richer and richer it is only because they have an upperhand controlling their own businesses as well as politics.
I think this is a good start. Provide employment for their people specially in Asia and Africa as you have mentioned. This will give people more financial and purchasing power, resulting in a better economy. But the problem is that poor nation needs infrastructure to provide better services and jobs to people. Plus corruption is everywhere. So its really hard to solve this problem and it will take years before a country can even get up at its own feet. I think for Asia, Singapore is a good nation to put up as a role model and see how this tiny nation became one of the most prosperous and the growth is astonishing per year.

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May 08, 2018, 03:10:38 PM
 #18

The first thing to do is in every single country should be legalize bitcoin as their main currency that's it, because this thing was perfect for the economy, well the price was unpredictable but we can see in the future the economy of each country would be better if they use bitcoin. But to let that happens it could be take really long time tho,  just trust on your faith.
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May 08, 2018, 03:26:27 PM
 #19

It seems hard to make the economy around the world better. Because everyone in power will not be satisfied, it will make the poor more difficult to be better.
pendekar cinta
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May 08, 2018, 04:04:17 PM
 #20

To anticipate the occurrence of bad problems of the population in a country the government must often monitor developments in the economic system of each of its citizens so if anyone feels trouble the government can immediately help.

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