Society today is composed of a series of institutions: from political institutions, legal institutions, religious institutions, to institutions of social class, familial values and occupational specialization. It is obvious the profound influence these traditionalized structures have in shaping our understandings and perspectives. Yet, of all the social institutions we are born into, directed by and conditioned upon, there seems to be no system as taken for granted and misunderstood, as the monetary system. Taking on nearly religious proportions, the established monetary institution exists as one of the most unquestioned forms of faith there is. How money is created, the policies by which it is governed and how it truly affects society are unregistered interests of the great majority of the population. In a world where 1% of the population owns 40% of the planets wealth, in a world where 34,000 children die every single day from poverty and preventable diseases, and where 50% of the worlds population lives on less than 2 dollars a day, one thing is clear: Something is very wrong. And whether we are aware of it or not, the lifeblood of all of our established institutions and thus society itself, is money. Therefore, understanding this institution of monetary policy is critical to understanding why our lives are the way they are. Unfortunately, economics is often viewed with confusion and boredom. Endless streams of financial jargon coupled with intimidating mathematics quickly deters people from attempts at understanding it. However, the fact is, the complexity associated with the financial system is a mere mask, designed to conceal one of the most socially paralyzing structures humanity has ever endured. youtube/watch?v=ogqZ6pnWM7o
Posted on: Fri, 19 Sep 2014 14:35:31 +0000
Trending Topics
Recently Viewed Topics
© 2015