Free politics and current events Kindle books for 25 Jul 18

A New-Flow Fund rather than the Basic Income: The Paradoxical Strategy in the Inequality Era

by Masato MASUDA

At present in the Democratic developed nations the middle-income class is shrinking and the disparity between the rich and the poor is expanding. Even though the economic growth was realized by innovation, the low-income class that could not taste fruits of the growth would not create a sufficient demand by consumption, so that the scale of the economy couldn’t avoid shrinking. We have to understand that the problem we face is not a cyclical fluctuation in the economy but a structural transformation in our societies which is the same as the Western Roman Empire did when it collapsed.
Currently the rise of data economies accompanied with the shrinking middle-income class and the expanding low-income class can be regarded as a spontaneous transformation which is driven by our desire for comfortable lives. It is not easy for each nation to stop the global trend towards data societies under data economies. It must be required to sustain the political and cultural freedom and the economic prosperity without chaotic social disruption by implementing the Paradoxical Strategy in the Inequality Era.
The Strategy is to create a new monetary flow i.e. the New-Flow and to establish an investment mechanism namely the New-Flow Fund. As a potential beneficiary of the Fund is mainly the low-income class, even the low-income class could form a substantial asset. Because the Strategy contributes to creating the effective demand and mitigating the reduction of the economic scale, it will be conducive to sustain the stability of societies.
In comparison with the Basic Income system which ensures an income sufficient for an individual’s basic need, the New-Flow Fund has 4 merits: it can be more easily started, it can be regarded as a no-regret policy under uncertainty, it will enhance the social capital and its monetary burden is lighter due to an inherent investment mechanism. Therefore, it is more realistic to introduce the New-Flow Fund than the Basic Income.
We should select the future wisely instead of committing ourselves to cognitive biases. It is desirable that the New-Flow Fund should be implemented promptly by each society/community for benefiting not for the wealthiest 1% but for the majority of people. The New-Flow Fund is strongly recommended rather than the Basic Income.
A busy person is recommended to read the chapter 7 and the chapter 8 first.
ï¼?ï¼?It’s NOT the Economy, Stupid
ï¼?ï¼?Is the Economy a Pathway to “Happiness”ï¼?
ï¼?ï¼?The Drifting Nations have Emerged
ï¼?ï¼?The Era of the AI and “Precariat”
ï¼?ï¼?The Consequences of the Rise of “Superstar Firms”
ï¼?ï¼?Ominous Trends in the 21st Century
ï¼?ï¼?The Paradoxical Strategy for the “Precariat”
ï¼?ï¼?A Prototype of the New-Flow Fund
ï¼?ï¼?Instead of a Conclusion
Masato MASUDA (Sustainability Strategist: this introduction mainly from the Wikipedia)
He was born in 1960 near Tokyo in Japan. After graduation from Hitotsubashi University (specialized in the Keynesian economics), he entered in the Industrial Bank of Japan (currently Mizuho Financial Group) and studied Chinese affairs in the Hong Kong Chinese University. He was engaged in international finance in Hong Kong, etc. and asset-portfolio management at its headquarters. After resignation from it he started advisory business, i.e. advising for the carbon reduction fund established firstly in the Asia and Pacific region, a lecturer of Graduate School of Frontier Science in the University of Tokyo, an advisor for emissions reduction business of Mitsubishi Corporation from 2009 to 2012, etc. He published books including but not limited to:
1.ã??æ??å?ºæ¨©å?å¼?とä½?ç?­ç´ ç¤¾ä¼? å?½é??æ??å?ºæ¨©å¸?å ´å?å¼?のç?è«?とå®?è·µ(Emissions Trading and Low Carbon Society)ã?, Chikura Publishing, 2008
2.ã??å?½å®¶ã®è¡?æ?¹â??å?¨ç?å??ã?ã??ä¸?ç??とçµ?æ¸?ã?·ã?¹ã??ã? ã®å?çµ?ç¹?å??(The Globalizing World and Reorganization of Economic Systems)ã?, Chikura Publishing, 2013
3.The Economic Strategy on Cognitive Systems in the 21st Century: How do you surpass the Communist Party of China?, Amazon Services International, Inc., 2017

Bang Chan: Social History of a Rural Community in Thailand (Cornell Studies in Anthropology)

by Lauriston Sharp

Bang Chan traces the changing cultural characteristics of a small Siamese village during the century and a quarter from its founding as a wilderness settlement outside Bangkok to its absorption into the urban spread of the Thai capital. Rich in ethnographic detail, the book sums up the major findings of a pioneering interdisciplinary research project that began in 1948. Changes in Bang Chan’s social organization, technology, economy, governance, education, and religion are portrayed in the context of local and national developments.

Distant Companions: Servants and Employers in Zambia, 1900â??1985 (The Anthropology of Contemporary Issues)

by Karen Tranberg Hansen

Distant Companions tells the fascinating story of the lives and times of domestic servants and their employers in Zambia from the beginning of white settlement during the colonial period until after independence. Emphasizing the interactive nature of relationships of domination, the book is useful for readers who seek to understand the dynamics of domestic service in a variety of settings. In order to examine the servant- employer relationship within the context of larger political and economic processes, Karen Tranberg Hansen employs an unusual combination of methods, including analysis of historical documents, travelogues, memoirs, literature, and life histories, as well as anthropological fieldwork, survey research, and participant observation.

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