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How do cultures, groups, or societies distributed wealth.
The current definition of wealth as equating to financial/monetary surplus must be discarded in favour of a one that is a direct function of the successful application of demand in a fluid and dynamic system. [ In other words, the medium of exchange that has been traditionally used to quantify the exchange of services should no longer be an external object. Rather, it should be intrinsic and non-physical. The medium of exchange would be the services themselves. This would lead to an even distribution of wealth, in which growth in society would become a direct function of the exchange of
services in response to genuine demand from the people, sectors and institutions that make up the societal system. To summarize, in order to effect the even distribution of wealth in society, the dominance of the institution of economics, which currently dictates the terms of exchange of services, must be removed. This can be done by shifting from a model promoting the quantification of the exchange of services with a physical, external object - money (legal tender), to a model whereby the exchange of services, in response to demand, is quantified by the service itself. ]
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Expert answered|selymi|Points 10606|
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Asked 6/6/2013 1:18:30 PM
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