WHY A TAXLESS ECONOMY?

Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That’s the way the system works. And since we know that the system will not change the rules, we are going to have to change the system. (Martin Luther King Jnr.)

PLUTONOMY

Plutonomy (from Greek ‘ploutos’, meaning ‘wealth’, and ‘nomos’, meaning ‘law’, a portmanteau of “plutocracy” and “economy”) is a term that Citigroup analysts coined in a report for their ‘super-rich’ clients, published in 2005. Citigroup analysts arrogantly stated that “The world is dividing into two blocs – the plutonomies, where economic growth is powered by and largely consumed by the WEALTHY FEW – and THE REST.”

The corrupt Citigroup arrogantly stated yet again in another report in 2006 that “The rich are so rich that their behavior – be it negative savings, or just very low consumption of oil as a % of their income – overwhelms that of the ‘average’ consumer.”

PLUTOCRATIC/CORPORATOCRATIC RULE – THE SHAMEFUL FACE OF CAPITALISM

Capitalism, in it’s current form, is based upon greed, profiteering, overconsumption, and worker exploitation, leading to the accumulation of untold wealth for the elite 1% rich on the planet who have plutocratic control of the world.

As the ship of plutonomy sails along nicely for the rich, it leaves in its wake a world of debt, poverty, hunger, economic inequality, and misery for billions of people.

We clearly need a paradigm shift from the current sytem of orthodox capitalism to a monetary system of economic justice based on kindness, equality and compassion because…

Through obscene greed, the plutocrats and corporatocrats also shamelessly exploit our non-human animal friends, the world’s resources, the environment and the ecosystems – all for their lust and accumulation of even greater wealth.

How did we ever allow such a corrupt and heartless economic system to escalate out of control to where we are now, in the 21st century, as it causes the deaths of so many children each day from poverty?

Millions of innocent children, the victims of an economic idealogy based on greed.

Innocent children who never got the chance to fulfill their dreams and ambitions – that’s if they even had the chance to dream of a better life whilst they hungered for where their next grain of rice was coming from.

And, furthermore, an incompassionate economic ideology that places a ‘bounty’ on the head of EVERY non-human animal on the planet.

Capitalism: A Failed Orthodox Economic System For The Majority Because…

  • 22,000 children die each day due to conditions of poverty, according to the United Nations
  • This is one child dying every four seconds
  • The problem is that hungry people are trapped in severe poverty
  • They lack the money to buy enough food to nourish themselves
  • Constantly malnourished, they become weaker and often sick
  • This makes them increasingly less able to work, which then makes them even poorer and hungrier
  • This downward spiral often continues until death for them and their families
  • The United Nations Food and Agriculture Organization estimates that about 795 million people of the 7.3 billion people in the world, or one in nine, were suffering from chronic undernourishment in 2014-2016 (Sources: www.poverty.com, www.worldhunger.org, www.wfp.org)

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