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Author Topic: How can we make this world economically better?  (Read 28319 times)
tonyja2017
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May 09, 2018, 11:40:58 AM
 #61

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 a country to develop in all aspects, including economics, every citizen must be aware of his or her work efforts. In addition, students in the present moment need to develop more aspects of thinking so that they can easily realize their dreams.
In my opinion, the government needs to be incorruptible. Those who work for the country should have a good moral and always sacrifice for the country. This will help improve people's well-being in some developing countries in Asia.

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May 09, 2018, 11:53:19 AM
 #62

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 a single person alone couldn't help the economy and it's growth. The economy must be helped by nations who aren't too poor and is financially capable of helping it's finances. I believe that individuals could contribute if we would know how to play our roles responsibly in our country. If we know how to donate to needy people on our community.
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May 09, 2018, 12:00:52 PM
 #63

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 a country to develop in all aspects, including economics, every citizen must be aware of his or her work efforts. In addition, students in the present moment need to develop more aspects of thinking so that they can easily realize their dreams.
In my opinion, the government needs to be incorruptible. Those who work for the country should have a good moral and always sacrifice for the country. This will help improve people's well-being in some developing countries in Asia.
Unemployment insurance is helpful to the families receiving it, but it's also helpful to the economy because those people spend that money.It's one of the most cost-effective stimulus programs there is.
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May 09, 2018, 12:13:18 PM
 #64

Even rich countries have poverty. They should deal with it first and then try to help other countries. If Gulf countries get rid of a bit of their selfishness and provide people with jobs, then poverty will be erased. At least, they would have a normal life. In addition, it is not a matter of education because some manual workers are not educated and they are rich. So, I think that if everyone has a job, no one will be poor. Instead of wasting money of football, waste it on something worthy.
anavir
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May 09, 2018, 12:25:14 PM
 #65

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.
i agree,unemployment makes our country poor .Laziness is one of the factor too.If only we will work hard their will no jobless people and all have incomes.

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May 09, 2018, 02:05:25 PM
 #66

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.
i agree,unemployment makes our country poor .Laziness is one of the factor too.If only we will work hard their will no jobless people and all have incomes.

Well we can only do so much on our part. The world's economy is too big for any person. Paying taxes, not being lazy, working right, all these are only for our part. Leaders have bigger parts to play. Corruption heavily drags down the world's economy

 
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jennygamilo
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May 09, 2018, 05:15:08 PM
 #67

we just need to pay the tax properly, and of course because the tax allows a country to be fair to the payment and to the bill also for fair and balance
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May 09, 2018, 05:23:26 PM
 #68

This can be achieved if everyone that are in various sectors keep contributing their own qouta in and most especially the private sector
cryptolandlords
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May 09, 2018, 06:56:22 PM
 #69

Making the world economically better is not in the hand of the government alone but if every body see it as their responsibility to make sure the country or the whole world develop the effect will be seen very fast. Make sure you contribute your own quarter toward development and eradication of poverty.
Ailmand
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May 09, 2018, 07:10:11 PM
 #70

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?

To correlate the question with this market, I think that it should be made sure that the cryptocurrency market, or its earnings therefrom, should be used to economy-strengthening practices that can help a country become more financially and economically stable. As more and more revenue, coupled with an efficient and effective means of use, then it would surely help in making that country begin to rise and improve.

newgal2017
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May 09, 2018, 11:53:04 PM
 #71

An increase in economic growth is an increase to the consumer consumption that the total economic output of a country, which increases income per capita. In simple terms, the economy can be better if there is productivity, an increase in gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year. Discovery of a new resource is a great way to generate economic growth, labor force, as well as creating superior technology or other capital goods and most importantly is specialization of the laborers in their crafts. The government should mainly take part to this, cutting of corporate tax rate would have a great impact to the economy because more new businesses can be structured with a low corporate tax rate.

3la9l_kolbaCa
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May 10, 2018, 12:46:52 AM
 #72

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?
That happened it is because they don't even try to save while other are frugal because they look forward for the future usage. People become successful of the outcome that matter most of the sacrifices and hardwork. We can make this world economically better through helping each other to success and give work to those in need. Let the person stand by his own so that he can learn.

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dado7
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May 10, 2018, 06:43:40 AM
Merited by Betwrong (1), haroldtee (1)
 #73


That is the disadvantage when you cannot sustain yourself and fight to survive. This life is like a game, and money is how we score. That analogy might be right, because in order for us to sustain ourselves and survive, we have to earn money and buy the things we needed. That is not what a certain government can give or change easily.

Actually, it shouldn't be. The added value should be "how we score", and money should be only the compensation given for that in order to replace the need for the direct trade (barter). That is why both creation and distribution of money must be changed. Only then when the money will become what it is - a piece of a paper or a digit (zeroes and ones) that only serves as a check (brought back to its initial purpose - to ease the trade, not complicate it), and not the actual thing of value, will the society make a progress towards the society of justice and equality.

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?  Cheesy  Cool ), 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 Smiley ) 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.

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May 10, 2018, 06:52:11 AM
 #74

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?

Japan today is using cryptocurrency in order to improve their own economy and if all of the countries will just do the same thing then the community on other countries as well will live a wealthy life.

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May 10, 2018, 07:17:41 AM
 #75

Narrow the gap between the rich and the poor, raise taxes on the rich, and apply those taxes to the poor's employment opportunities.

Increase aid to less developed areas, which includes not only money but also scientific and cultural knowledge.
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May 10, 2018, 07:23:18 AM
 #76

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?

Maybe government shoulf make or conduct different programs that corresponds to the different needs of that particular people. But before that may be the first thing to do is to eliminate the greedy and corrupt politician because although they conduct different great programs to decrease poverty as long as the greed politician is still on its position that programs was useless..

And for me one mote thing to increase poverty and to increase the economy people and government should have cooperation and unity with one goal.

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May 10, 2018, 07:23:28 AM
 #77

First of all we have to value education and prepare our children and their next generation to be financially well guided that they have to work hard to avoid poverty, we have to be honest in paying our taxes so that we can help our government also perform their duties and responsibilities to the community.
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May 10, 2018, 08:46:45 AM
 #78

Cryptocurrency is just the factor that can change the world. If everyone will support the crypto currency, and not just lie for days on the couch, the world will change faster.

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May 10, 2018, 09:10:03 AM
 #79

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 is government problem and we have nothing to do with this. I'm from Asia and I don't see people die because of hunger, maybe some part of Africa but not the whole as you stated. Yes inflation increases and this is a big problem the authority has to deal with but as what I say it is the government's job to eradicate the situation.

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May 10, 2018, 09:15:40 AM
 #80

There won't be a one size fits all solution that comes from the governments, all they can do is provide aid where aid is needed. They can provide shelter, health care, food, water, and all the other basics to begin with, then we can focus on wealth.
No government can be perfect. Everyone has its own flaws and loopholes and on the same time, they have their own goods and benefits for their citizens. But majority of the countries are getting better measures to make their citizens’ lives easier and prosperous. Bitcoins are of big help in this regard too. They are better to provide good income source to the people throughout the world.

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