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First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
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"No, we don't live in a purely capitalistic system. A purely capitalistic system is inherently doomed to self-destruction. See: A perfect capitalism: no monopolies, no unions, no special advantages. Every commodity sells at its true value (value is the amount of labor it takes to make a commodity...
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Two questions: 1. Could anyone help me out by giving a better explanation of how "obscene" profits by oil companies actually help consumers at the pump and don't hurt them? I understand how higher profits equal more savings, which equal more investment, which equal more capital, which equal...