sabato 5 settembre 2009

Why Tolerate Poverty? (1935)

Why Tolerate Poverty?
“Poverty in Gt. Britain is now entirely unnecessary.”
A simple concise statement of facts and how DOUGLAS SOCIAL CREDIT proposals would transform the problems of Poverty, Unemployment and War.
By W.H. Quigley, 1935

Introductory Note:

Although dated in its detailed examples, the booklet Why Tolerate Poverty? contains all the tools necessary for an understanding of the money system which has been inherited from the 20th century. It has been here reproduced without editing, as it forms a coherent whole. However, the reader must constantly bear in mind the very different prevailing social, economic and political circumstances under which the text was written in 1935. Dire poverty may now tend to occur on a world scale, rather than a national one: the Bank of England may be nationalised or privatised; the Gold Standard may seemingly have been abandoned; blips on computer screens may have replaced cheque books with handwritten signatures; and waste may take the form of mountains of packaging and used cars. But the principles lying behind the institutional patterns through which money operates remain exactly the same as they were in the 1930s when this pamphlet was written. (pdf document here)

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