IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/53311.html
   My bibliography  Save this paper

An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World

Author

Listed:
  • Macaluso, Joseph

Abstract

This paper describes an alternative way (other than taxation) to eliminate poverty and unemployment from the world. This is done by creating a single money worldwide, and letting each government subsidize the economy of each country, through acting as a non-profit venture capital subsidizer, by forward borrowing on the economic growth that such a subsidization will produce through the increase in jobs and consumers created. This creation of wealth by government will be a process similar to the market's process of creating wealth through price fixing.

Suggested Citation

  • Macaluso, Joseph, 2014. "An Alternative Solution (Other Than Taxation), To The Resolution Of Poverty And Unemployment In The Free Market World," MPRA Paper 53311, University Library of Munich, Germany, revised 30 Jan 2014.
    • Handle: RePEc:pra:mprapa:53311
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/53311/1/MPRA_paper_53311.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    alternative to taxation; taxation; disparity; minimum security level; distribution; wealth;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General
    • H1 - Public Economics - - Structure and Scope of Government
    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:53311. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.