Governments in economic crisis: What is the 99% and why does it exist?
Siize Punabantu
MPRA Paper from University Library of Munich, Germany
Abstract:
What is the 99% and why does it exist? In this paper an attempt is made to explain why socio-economic unrest remains a modern problem. An effort has to be made to understand the origins of strife in systemic design of modern economics. Without this knowledge it may not be possible to fix the very fundamental problems that lead to a broken society.
Keywords: Scarcity; banking; credit creation; banks; resource creation; implosion; poverty; wealth; money; price; mark-up; cost plus pricing; rationality; operating level economics; economic growth; paradox (search for similar items in EconPapers)
JEL-codes: A10 A11 A13 A22 A23 F02 (search for similar items in EconPapers)
Date: 2012-03-12
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37316
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