CZ:Cold Storage/Financing human rights and full employment

From Citizendium
< CZ:Cold Storage
Revision as of 00:48, 13 January 2008 by imported>John Gelles
Jump to navigation Jump to search

The {{subpages}} template is designed to be used within article clusters and their related pages.
It will not function on CZ pages.

This article is a stub and thus not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 

Extending human rights to everyone and achieving global full employment everywhere are goals that are universally accepted.

To finance a variety of means to reach these goals the concept of a Keynesian money supply, a sufficient segment thereof being created by sovereign nations without corresponding debt, is appropriate.

As money is created in volume, price affordability is critical. The volume of money created by bank credit is controllable by related rates of interest. The volume of money created by sovereign spending without debt is controllable by private inflation-protected savings, taxes to reduce such volume, and the circulation of money in markets for goods and services.

In a full employment economy, price affordability to give substance to human rights is a function of production and wages and income apart from wages.

Information feedback from individual wages, incomes and consumption purchasing. together with firm level and higher level aggregates, is necessary to determine necessary taxes and subsidies to finance the national goals above and their aggregate global achievement.