Think of it…We are blessed with technology that would be indescribable to our forefathers. We have the wherewithal, the know-it-all, to feed everybody, clothe everybody, and give every human on Earth a chance. We know now what we could never have known before – that we now have the option for all humanity to “make it” successfully on this planet, in this lifetime.
(R. Buckminster Fuller)
And that money is simply created by the click of a mouse button from interest-bearing debt.
And don’t be duped either by all the monetary jargon – ‘income tax’ and ‘interest rates’ are also man-made, along with their monetary system cronies – ‘inflation’, ‘devaluation’, ‘store of value’, ‘gilts’, etc. – all of which are man-made economic nonesense.
So, in the words of wisdom of Martin Luther King Jnr, speaking about Capitalism, he said, “Since we know that the system will not change the rules, we are going to have to change the system.”
Capitalism has to be changed for the benefit of every citizen on the planet.
Paxlism is contingent on the belief that we need a radical, ethical and more sustainable alternative economic system – unlike the current plutocratic system of capitalism which favours only the banks, the financial institutions, the multinationals, and the elite 1% rich of the population on the planet.
Most importantly, Paxlism is a monetary system based not upon greed and the exploitation of every living creature on the planet, but on kindness, compassion, and equality for all.
Please note that none of the rules and regulations which exist under the current corrupt orthodox capitalist monetary system (e.g. taxes, inflation, devaluation, store of value, interest rates, etc.) will be applicable in a Paxlist Economy, although there will, of course, be a need for strict monetary regulation by a Monetary Policy Committee to oversee all money creation, but only with a view to benefiting each and every citizen on the planet.