Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds   

Book Excerpt: TAX Your Imagination (Chapter 1: Money)

Author 8485
Follow Me on Twitter     Message Steve Consilvio
Become a Fan
  (5 fans)
Book Cover: TAX Your Imagination!
Book Cover: TAX Your Imagination!
(Image by Steve Consilvio)
  Details   DMCA

Book Cover: TAX Your Imagination! by Steve Consilvio

1. Money

Inflation and debt are wreaking havoc on mankind. Because of these imbalances, jobs related to finance and "selling stuff' are widespread. We are inundated with advertising, false promises and fear. Earning money, by any means possible, is the baseline for survival. Farmers are worried about the Futures value of their crop as much as they are about the weather. They can feed hundreds and thousands of people, but they are not sure if they will be able to feed themselves. The difference between production and consumption can be described as The Fiscal Gap. The value of labor evaporates into a maze of numbers and drives an unending desperation.

Large organizations survive primarily because of access to credit. Size is not the problem. Big organizations are necessary to service large populations and build complex products. Attacking the existence of corporations is like destroying the forest to liberate the trees. Small and large businesses need to co-exist, and individuals with them.

Self-sufficiency is obsolete. Large populations cannot be supported without trade. The modern world is co-dependent, and finance is a constant problem. A debate rages concerning who or what caused the money problem and the best way to solve it. The fear surrounding money is as visceral as hunger.

Money separates man from animals. Animals may fight over territory, mates and food, but never over money or religion. Man, in contrast, is driven and controlled by the importance of abstract ideas. Money is an abstract idea, just like religion. Abstract thought gives us the ability to think, cooperate and build, but money also shares characteristics with mental illnesses.

Money gives man both great joy and great trouble. Man will steal, cheat, lie and kill for money. He will lose sleep with worry or excitement. Man will sell his pride, his dignity and his body for money. Money is a tool that can be used to bully individuals, businesses or nations. Almost everyone has been on both the giving and receiving end of monetary punishment and reward. The belief that money is real makes man both strong and weak, happy and sad, intelligent and crazy. 

The rich have lots of money, but they cannot escape the worries of the poor who have little. The rich find themselves with a burden to protect their money from others. Money does not buy freedom, as every hobo knows, but often demands more vigilance. The poor majority constantly complain about the wealthy minority. The wealthy have advice and sympathy for the poor. Nobody wants to be poor or to stay poor, or for the poor to even exist. 

The Past and Future

The discussion about money has lasted centuries over similar issues: taxes, prices, privileges, debts, needs and budgets. None of this angst would be possible without first accepting intellectually that money is real and a necessary part of society.

The obsolescence of money is usually a key element of the imaginative future. Science-fiction stories like Star Trek depict the end of money and substitutes a vaguely defined credit system. Today, however, money continues to be accepted as the supreme arbitrator of fairness and value. We are all enslaved by a belief of what constitutes a fair exchange in the trade contract. We seldom agree, but we tolerate one another enough that we can trade regularly. When values change, it is either good or bad for a particular party. We have recently seen the price of gold increase, and people are trading their colored dirt (gold) for colored paper (dollars). This is the trading of one object of abstract value for another object of abstract value. 


Copyrighted Image? DMCA

The Gold Exchange by unknown

While gold has practical usage applications, money does not. Money's only purpose is as a chit in trade. Money can be whatever the parties agree to value. Money is an intellectual agreement. In the past, books, pepper, beads and tulip bulbs have all been used as currency. Star Trek credits are just an electronic version of traditional money. With computerized banking and finance, it is fair to say that the future has arrived. Most money today exists as an electronic entry in a numeric ledger. 

Money is a benign tool that allegedly facilitates cooperation. It is quid pro quo; this object for that object. Whether moral, amoral or immoral, it is usually for sale. Money, in theory, makes trade easier by providing an impartial choice to every transaction. People can sell whatever they have to anyone, rather than barter with a specific person who has what they need and wants what they have. Money dramatically increases the opportunity to buy and sell every product. It is an efficient idea on the surface, but we have thousands of years of empirical evidence that money is a complex problem, too.

Money is an idea just like any other idea; it can be true or false, good or bad, right or wrong. The young, like Adam and Eve, have no understanding of money. Money is a concept that must be learned, the same as nakedness. A child grows believing that everything is free and shared, and he must learn of the cost, method and effort required to earn money from strangers. He is taught to count, to share, to charge, to save, to spend, to invest, to plan and to complain. Innocence is lost. Money is a source of embarrassment. We hide our finances the same way we cover our nudity. Money is the shame of mankind.

Money Between Generations

Next Page  1  |  2  |  3

 

Rate It | View Ratings

Steve Consilvio Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Steve grew up in a family business, was a history major in college, and has owned a small business for 25 years. Practical experience (mistakes) have led him to recognize that political rhetoric and educated analysis often falls short of reality. (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

14. What is Modern Finance?

8. What is the GDP/GNP? from Alternative Economics 101 - Tax Your Imagination!

The National Debt is the inverse of the profit/inflation in the private economy.

What are Boom and Bust? Alternative Economics 101 - Chapter 5: Tax Your Imagination!

Alternative Economics 101 - What is the Cost of Living?

9. The National Debt is the Inverse of Inflation - from Alternative Economics 101 / TAX Your Imagination!