Global Justice & Finance Hayward Tim
Global Justice & Finance Hayward Tim Can global justice be promoted by distributing money more equitably? Global Justice and Finance casts new light on such questions by considering what is…
Specifikacia Global Justice & Finance Hayward Tim
Global Justice & Finance Hayward Tim
Can global justice be promoted by distributing money more equitably? Global Justice and Finance casts new light on such questions by considering what is presupposed about finance. Could even relatively small financial sacrifices by the affluent work, through benign leverage, to achieve that goal?
Yet maintaining stable interest, inflation, and exchange rates in a dynamic capitalist economy is a considerable achievement involving a complex financial system. Redistributive proposals assume money to be a reliable measure, store of value, and medium of exchange. Such global coordination could, if so directed, contribute immensely to humanity's betterment, yet under the direction of a profit seeking elite it leaves a majority disempowered, impoverished, and indebted.
To pay debts, ever more desperate measures to wrest value from the world's natural resources increase ecological