In our current financial system, we are faced with an ever-growing complexity. It is a complexity that is mirrored in all facets of societal life whether that is administrative or enterprising. Many of us are constantly trying to simplify our lives, yet it seems to be a perpetual problem where the sheer complexity of living does not decrease but steadily increases. Those who experienced the transition to the digital age might remember, digital technology was hailed as giving us the global village, everything was supposed to be easier and much more simplified – after all we had the technology to create many more automated systems.
However, these predictions did not fulfill themselves because this complexity is intrinsically set up in our financial and administrative system. Capitalism thrives on rules and regulations that need to be constantly implemented to delineate the rights of corporations, governments, nations, countries vs the individual citizen, the consumer.
We operate from the premise of the free market that gives opportunities to all who are able to engage with it and set up business. Business owners are entrepreneurial and in that they are opportunistic, searching for the missing link between two regulations that will propagate consumer interest.
Two examples from online movies and shopping will illustrate this situation:
You, the consumer has searched online for a particular movie. You have found your movie via Netflix or Hulu. The moment after you have hit the start button a message appears to let you know that you are not able to watch this movie because Netflix is not available in your country. Primarily for money making purposes we are separated into countries even when we are online. You happen to be physically located in Belgium.
If you are willing to spend some money on this problem, then you can be helped. You can get a service, such as Foxy Proxy, that will fictitiously relocate you on the Internet so that you appear to be pressing the button from the US instead of continental Europe.
Next, we go shopping online. Let’s say you want to get something from a store in the States and would like to have it shipped to your country. You can do that but you might be surprised when you get the bill because there will be an extra amount tagged onto it, which could easily be higher than what you paid for the product. This is because the import tax-free amount is quite low, for Belgium it’s about 22 Euro. Everything above that amount you will have to pay import tax on.
Ideally you don’t want to pay any import tax on your purchase and you can do so by spending some money on a service that will give you a US street address which you can use as intermediate address. The service will then collect all your purchases and send them to you, import tax-free, because it will no longer be coming from a US business address which is tracked for import tax payments.
These are but two examples that illustrate how complexity evolves in our system, and that with every business regulation comes a way to work around it. As we can see the lines are blurred in estimating what is legal and what not. In our examples it seems quite arbitrary. It is difficult to approach the topic with common sense why either of these services is allowed as they cancel out the rules and regulations that have been put in place. Here it seems that rules and regulations are nothing more than money-making opportunities – in a world where all work from self-interest and are driven by greed, and more over, are self-limited by the belief that human nature cannot be changed. Simplicity will never exist on this trajectory but an exponential growing complexity is what awaits us.
The solution is not far and we can prove to ourselves that we can create a world from a different starting point than the one described above. The Equal Money Capitalism is Capitalism in its purest where the majority rules by the principle “Equality through what is best for all”
In Equal Money Capitalism competition to find a lucrative business loophole that will make big money and feed consumerism will cease to exist. Unemployment will cease to exist and the need to make profit will cease to exist – as profit will be a shared activity to which all have equal rights and responsibilities. Capital will no longer be the resource-to-be-sold, capital will be life itself, and since there is only one life that we all share in our various life forms, it is equal and is treated equally in every way.
This will decrease the levels of complexity of the system to keep everyone fed, sheltered and healthy. Each citizen will be able to have all information pertaining to how the system works and this flat structure will enable all to participate and improve structural underpinnings of the system.
Each citizen will have more free time.
No more guessing what is allowed to do and what not
Each citizen has a voice that counts equally regardless of professional background
Each citizen has the opportunity to enhance their life style and that of others through self-organized participation.