Capitalism- and its Fundamentals

 

Capitalism and   its  Fundamentals

Any system, which is designed for the benefits  of mankind by man is good for the time being; it could be better if  timely  updated.

If the change in  the system is restricted by economic elites; it  will be termed as hidden dictatorship and evident murder of mankind.

Below are some basic fundamentals, and  its  effect on  any society.

1.       Interest: Interest is a price which is earned by one who is not the owner of money which is  used in lending. It brings no value addition in the economy except  economic class  differences and  increase  in  cost of  doing  business.

Loans are granted  to earn interest without any benefit and value addition in the human society.

2.       Credit cards: People are  mentally and physically employed in corporates, which are meant for the profit maximization  and deliberately paid less salary, and  restrain  them  to  create their own alternate source of income. Plastic money is provided  to them , which help to run the economic system, having no human values.

3.       Currency Parity: If any country, denies  to accept the existing economic regime, its currency is degraded  by many  economic theories  based on assumptions.

4.       Advertising: Selling goods and services to those  who do not need  and putting this cost on the shoulder of those, who  already suffer micro economic crunch.

5.       Insurance: Is a cost of doing nothing but scaring  people for incoming mishaps.

6.       Branding: Deliberately  making basic consumable goods  expensive without any value addition.

7.       Inflation: If any society  starts moving for its own economic  benefits, many economic theories are created  against  the  policies adopted,  and  eventually  the inflation justification   is spread among the people  residing  in this  society. 

8.       Speculations:  Trading  meant for profit  which eventually  effect  the current market price due to  deliberate  wrong actions in the future market price. The future  market  does not add any value for the common consumer.

9.       Money market: Liquid assets are traded as commodity, which eventually  effect the money supply and  harm the  sole  benefits of  micro consumer.

10.   Capital market: A market which is based on speculation of  already existing  businesses, having no direct connection of prevailing  share price from  its actual economic  activities. Pricing is based on assumption  of  active   market players.

11.   Commodity market: Basic food and fuel  is traded  in this market, without any intention of delivery option for the economic  consumption. Market deals in  future options exclusively meant for  restricted  corporate gains.