Perfect Economics


IMAGINE a world in an alternate universe parallel to ours. All the inhabitants of this world are very much like us. In fact, they are the exact copy of us in appearance, except for their personality, behaviour and thinking.

Let us call this world Htrae, and the inhabitants Namuh.

Htrae is a beautiful planet with lots of trees, animals, clean water, beautiful weather and everything nice. Namuh are a race of peace loving, hardworking, sophisticated beings who only knew the emotions of love, care, happiness and everything positive.

Every Namuh appreciates every single thing that is around them, they only consume what they need and leaves everything they do not need alone. They are a race of intelligent beings that likes to create things to better their lives.

There is no greed, no envy, no sloth, gluttony, no lust, no wrath, no pride, nothing evil.

As a race, they progressed together rapidly and civilisations grew into mega cities in spans of decades. Science, art, medicine, technologies and everything evolved at unimaginable speed. The Namuh have no concept of a leader, they do not need one. Everyone takes care of one another, no one is left behind. Each and every Namuh contributes the maximum of his or her capabilities until the end of days when he or she could no longer serve.

Thus, there is no government, no countries, no boundaries, no war, no crime, no terrorism, no poverty, no indulgence.

Every Namuh living equally on Htrae.

On Htrae, a true efficient economy is created. By comparing it to the corrupted version of our world, it is clear, what drove the rich to be richer and the poor to be poorer.

The definition of economy closes to our context here is: the management of the resources of a community, country,etc., especially with a view to its productivity.


In another term, it means the efficiency in distribution of resources.

To elaborate, every individual have various needs, and to satisfy those needs, relying on one's own efforts to obtain them would be too time consuming and ineffective. Thus, if an individual specialises in providing a specific resource and produces it in excess, that individual can use the excess produce to exchange for another resource produced by another individual with another specialisation. 

For example, Namuh A specialises in fishing while Namuh B specialises in wood cutting. A and B can exchange their product and both gets to enjoy a delicious meal of roasted fish in a shorter time compared to if both of them have to fish and chop wood themselves. 

In such circumstance, there is a fair trade as both individuals involved has put in effort and time to better the lives of another. By exchanging resources, the time and effort that is saved can be used for other activities.

The essence of an efficient economy is the reduction in time and effort needed to satisfy both supply and demand.

An economy grows because of several factors: increase in the amount of labour, increase in productivity and increase in efficiency of trade.

Let us look at each factor closely.

Increase in labour:
The Namuh love to have babies, but as caring and responsible parents, they rarely give birth to more than 3 children. They believe that every child deserves the undivided attention of at least 1 parent, therefore most Namuh family only have 2 children.

In this circumstance, the labour force will not experience a swell or contraction because the population replacement rate is consistent. And because all Namuh are hardworking individuals who works until the day they die, the labour pool is forever full.

Whereas in our world, in some developing countries, parents give birth to as many children as possible to increase their survival rate while couples in developed countries seldom give birth or only have 1 child due to the high living expenses and lack of time.

This becomes a problem.

Because, those parents who have no ability to support their children are having more children while those parents who have the ability to support are having little or no children at all. This consequently increases the number of the poor people while the wealth are funneled down the thin bloodlines of the rich.

Eventually, only poor people are working while rich people are living off the accumulated wealth of their parents to get even richer off the efforts of poorer people. The poor gets poorer working for the rich. There is no fair trade.

Increase in productivity:
The Namuh likes to create new things and they create things to increases their productivity many fold. And because they only consume what they need, the only factor that was increased is the speed and quality, not the quantity. When lesser time is used to produce resources, the Namuh have more time to engage in creative activities like music and arts.

Whereas in our world, competition between corporations is ever present, productivity means increase in volume to supply imaginary demands. People are enticed into spending on unnecessary indulgence caused by advertisements and sales people who incites artificial emotional need for the product.

The look better, feel better and live better illusion drives people to trade their hard earned resource for junks that does not enrich their lives but enslaves them instead.

Eventually, poor people are working to purchase products that does absolute nothing for them because they believed the words of rich people who mesmerized them into believing that they wanted it. The rich gets richer selling, the poor gets poorer buying. There is no fair trade.

Increased in efficiency of trade:
As the Namuh are ever innovative and ever making their lives better, they created an automated network of resource distribution that automatically transports their product directly to those who needed it with prior agreement. Because they are all hardworking, honest and generous, everybody wants to give each other the best.

There is no such thing as cheating and scam, paying too much for too little, disagreement over the quantity of trade.

Whereas in our world, money is used to measure the value of everything tangible and intangible. It became a resource redemption tool that entices people to work hard for. The system that determines how much effort is worth is unfair. Those who work the hardest receives the least pay, while those who are able to get people to work the hardest gets the most pay.

Eventually, poor people are the ones working very hard for the rich who are able to convince them that they need to work harder. The rich are paying the poor just enough so that the poor will keep working for them. The rich gets richer doing nothing while the poor gets poorer doing everything. There is no fair trade.

Conclusion
Numah's growing economy granted them a better lifestyle through the ever improving quality of the resources they consume, more time for them to engage in creative process. Most importantly, Numah as a race is living in harmony with everything else on Htrae because they only consume what they need.

Shouldn't human evolution be aiming for this?