Saturday 4 June 2016

Industrialism and money

The current financial and monetary crisis is closely related with the link between INDUSTRIALISM and MONEY ...... It offers us the key element to understand the problem about the redistribution of Wealth .... 

The human productivity at work  has increased massively because of the industrialism ..... 

However, it created  more and more "Wage earners" ..... able to spend for consumption !!! So, the industrialism has created a redistribution of Wealth based on a key element :  the WORK ....

But, More the productivity is increasing, less people are useful to keep the system alive ...... and the Globalization process the last 25 years has created an unfair competition between people from all over the World .... The Factories can move easily far from their home country, where the cost of life is cheapest.

So, more the productivity is increasing, more the number of unemployed people is important !!! 

more wage earners and more unemployed mean also more ""dependent people" ..... 

The redistribution of wealth should be based on a single element : being involved in a community ....

The industrialism as an economic concept could work with a massive amount of natural and social resources available ..... It s not the current situation. 





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