Friday, March 25, 2016

Money Book Post 2 Chapter 3

This chapter is talking about people and countries are willing to sacrifice of human and natural resources in order to generate money because they think money represent wealth. However, they did not recognize except money; there are something else can be made into wealth such as water. We need to increase our awareness of the injustice and corruption of current money system which has over-consumption and over-production. Not only money can improve our life quality but also growing food, making clothes, and educating children can make people wealth which most of the people ignore. Therefore, money is not the most important part of our life, and we should care more about the human and natural resources.

The money is a double side sword, which brings benefit to people and it also harms individuals in the other way. The edge of the sword depends on how people distribute and manage the money. The traditional economic system is using money as account for values and acts as a way of exchanging product and services. At first, the conventional system seems works. When we dig deeper into this system, we can found out in order to achieve the flow and position of money; people use greed way to achieve the values without concerns of society and environments. The system brings fortune to some people. In the same time, the majority of people are in debt or losing it because they control the way how the money flows and represents. The center of this system is debts and interests. The relationship between the lender and borrower seems to make the economy prosperous. Later on, the system seems lost its value since rich people are defining the economic life; and people started aware of the injustice of this system. In order to avoid corruption and injustice, people began to use fair trade and new economy system through complementary currency. Lastly, the most efficient way to solve the current economic system is that people need to know the capacity of money can do and what they can do to create social finance system towards the just economy. 

10 comments:

  1. I feel like it is not just money that is to blame in harming only some people but human nature. Money is simply a product of our need for a controlled distribution of power.

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  2. I feel like we're all just following paper trails.

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  3. Monetary system qualifies what values different merchandise holds in society. Meanwhile, it deceives human to ignore the deficiency of the system in which some objects are not priceable. People therefore often commit slippery-slope logic loops that things are not priced are worthless, which ultimately contributes to lots of mistakes they regret afterwards.

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  4. Only few people understand that money is a medium not an end goal!
    It's not about sacrifice life for money, it should be about working hard to make a footprint, to provide benefit for everyone else and your self included. There is No sense in sacrifice human life to the absolute value of money it self

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  5. Hi Weiwei. I totally agree with your first paragraph, saying that money is not the only thing to make people happy. However, to the second paragraph, I have a hard time connecting these two paragraphs together. But I totally agree that money is a double side sword. If use it well, it's always on the good side toward me. loll

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  6. Yeah I totally agree that money is not something that is the most important in the world and it's a double side sword.

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  7. Money may be a double-edged sword, but like any other weapon, it alone cannot hurt someone. The power is with the wielder of the weapon.

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  8. I do feel like money is important but we shouldn't sacrafice things like too much of our natural resources and humans(?) at the cost of making more money.

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  9. I totally agree with you. Although money is crucial, there are other things are more sacred and valuable than money.

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  10. Right, but i still think money is still powerful because we scare of money. We know we know we cant live without money

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