RE: Universal Basic Income is Communism 2.0
im not talking about distribution of wealth itself. im talking about fair access to the economy through fair access to money.
The current system accumulates everything from the bottom to the top. A fair system would balance this.
If you work, you can accumulate money /wealth, but if you dont work the money should flow back to the one who work. In short wealth should not generate more wealth through exploiting the work of others. And also the cost of defending your wealth should not be put on the head of others.
If poor countries / people would get fair access to money, their needs would be considered. If their needs are being considered naturally new enterprises will be developed to fulfill these needs. Currently their needs are simply not considered at all, because there is no monetary profit to make.
To have access to money with value, the best way is to create wealth. Countries could try to break the influence of international banking, and use a bond system to develop an industry, so that the money that is issued is backed by real wealth. That would help those nations, but they need honest and competent politicians who can carry out a good monetary policy.
Totally agree, but that's not the only way, not even the best one.
Look, my country is currently very poor due to bad management, here there are many natural resources, and that could attract foreign investment, that is, the capital that you say we need, but that capital will not come as long as we are governed by socialist politicians that nationalize companies, and control the entire economy. Our economy is bad, and it is only sustained because oil is demanded abroad. The countries of Africa and others of South America also have many resources, they only need to open their market, instead of imposing so many restrictions, so that wealth begins to mobilize those countries.