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Economy

economy.gif (18921 bytes) Today, money is everything. And human beings mean very little. How else could the Royal Bank, for instance, announce record profits and layoffs on the same day? When we look at the economy, we see a system that gives a small few incredible wealth and the majority of people receive insecurity, overwork and/or unemployment. We have great resources - we have annual multi-billion dollar surpluses! - and yet apparently there is no money for education, healthcare, housing, and other human rights.

In a humanist economy, people come first. And the point of having a good economy is to have the best-quality universal health and education available to all people.

Also, labour should share management of companies with capital. In this way, profits would be reinvested into the company to produce more sources of work. There's nothing wrong with profit - so long as it is put back to the service of those who produced it: capital and labour. For humanists, the argument that capital should have all the say (and profits) because it faces all the risk is a false one. Labour also faces great risk with the ups and downs of the economy, especially when these ups and downs are produced by profits being diverted into speculation and not into production.

In a humanist economy, labour comes before capital and there is no place for speculation or usury. Banks should charge only minimal service fees for their work and lend money interest-free in order to stimulate production, for our common good.

For more on Economics, see the book, "Letters to My Friends."