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RENEWING OLD WISDOM IN NEW PRACTICAL TERMS.

Let's see.

 In the time of social crisis and especially during world crisis it appears that the world loses its age acquired collective wisdom.

 

Today, during our world economic recession we tend to withdraw into an intellectual numbness.  What have we learned?  Have we learned that a steady and regular shift of wealth to the wealthy continues to move the rest of us in the opposite direction, closer toward poverty?

 

Wealth and its distribution can be determined on a national basis.  The nation, the only organized human social unit that can be controlled a high level today, contains a certain amount of wealth and as most of it tends to flow to the top, there is a need for various types of economic mixers or blenders to be used to bring about a improved consistency or distribution.

 

A nation tends to lose its power of organized self-control if it moves itself in the direction of two clearly divided economic segments, half of it made up of the “haves” and the other half, if not all of them, closer to viewing “the have nots.”

 

The Europeans have been more successful in their development of a more evenly distributed economic consistency than we have here in America.  And it is for that reason that the ruling class cries against American “Europeanization.”

 

A recently developing economic movement in Switzerland emphasizes this European effect and the wisdom that it has brought to the surface through a proposed program which must not be overlooked by American economists in spite of whatever propaganda is fired against it.

 

It clearly recognizes the need for a smooth and improved consistency of wealth, not a complete removal of wealth at the top but a better blending of wealth within the nation. 

 

The proposed program is very likely to become the basis of long-time discussion in Switzerland but economist all over the world must consider its solid rationality and the implication of the real application of such a proposal.

 

The proposal is a simple one, that a sum of about $3,000 a month be distributed to every adult citizen, 18 and older on a regular basis.  This would be easy to administer, every adult gets that basis amount each month. 

 

To have the smoothest effect on the economy, I would suggest the funds be directed to the citizens over several payments per month rather than on one date.

 

Whether the checks are to be in addition to present well fare programs or whether some programs will be eliminated or reduced will probably be a matter of practicality. 

 

The revenue for this program will obviously come in sums in proportion to ones wealth as the very poor will be the greatest to benefit from such a program.

 

The general overall spending flow that this amount of spending money would produce would certainly strengthen the economy against the seemingly regularly produced recessions of the present economic system.

 

The thoughts leading to this wisdom are refreshing and counter the effects of stultification brought to the world today by the world’s economic crisis.

 

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