Toward the Eradication of World Poverty

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Dear Sirs and Mesdames,

This subject, in my mind, is the most immediate most urgent and serious matter confronting the Human Race. Despite the fact that many great minds, philosophers, politicians, academics and economists, have all created eminent careers based on their knowledge and understanding of how free enterprise, national economies and the human race interact, they have all failed to admit the obvious. It is glaringly obvious that we have large swathes of the human race that do not have access to money; it is that simple.

Therefore we need a system of economy that literally accommodates the needs and aspirations of every human being. A system that will not rely on taxing others in order to provide all the multifarious forms of infrastructures, or the huge consumer driven commercial investments necessary to provide paid work for everyone, a system in which the haves are continually being pressured to claw back those taxes from the have-nots. We must face the fact, once and for all; this system has failed and by definition can never succeed.

We have allowed right-wing ideology to dictate the terms and even if or when large swathes of populations may be fed and housed or have health needs addressed. We tolerate the fact that we have millions of working poor who will never earn enough to meet all of life's basic costs. Many of these are struggling to raise families the bedrock of our future. Those who work lead the most precarious of lives.

Precarious, because their work and income has become the plaything of corporate power, which moves production to lower waged economies. This makes the executives and the shareholders richer but at the cost of the misery they leave behind. So we need a system, which eliminates or drastically reduces the need for it. At the same time we can put in place a fair and equitable industrial relations system that eliminates employer employee antagonisms.

Our Australian democracy is in serious trouble. Rich people, shadowy organizations, and corporations channel funds into political parties in order to achieve their own commercial or ideological ends.

It is happening in all democracies but that does not make it right. We can correct that quite easily. We make so-called "Free Trade" agreements under which corporations are given sovereignty over governments; is this democracy, is this really necessary, should corporations have such unbridled power, where will it end?

Introducing 'The Universal Economy' context would immediately and substantially impact and improve such questions as poverty, provision of universal education, health care, pensions, unemployment, housing and all public infrastructure (roads bridges schools hospitals etc).

'The Universal Economy' would immediately redress poverty.

This is a concept for the twenty-first century. Put to one side traditional thought processes and embedded conventions see only the greater-good and benefit of humankind then you will support this public enterprise with the open heart and mind it deserves. Adopt this concept for the good of humanity.

Yours Faithfully.

Thomas W. Adams
Victoria, Australia.