Goodwill Capitalism

Vish Goda ()

MPRA Paper from University Library of Munich, Germany

Abstract: Markets have been treating money as another commodity, trading it, speculating on its value and finding innovative ways to multiply its supply. In it's current form, it has lost it's power to regulate anything at all in the markets, including demand and supply. Combined with profit motives, it encourages short term strategies at the expense of depleting natural resources and discouraging long term investments in social and human capital. Goodwill Capitalism monetizes social capital and introduces a market mechanism to minimize social impact of economic crises.

Keywords: Capitalism; Goodwill Currency; Economic System; Money Supply; Social Currency; Social Capital; Human Capital (search for similar items in EconPapers)
JEL-codes: P19 (search for similar items in EconPapers)
Date: 2007-03-27, Revised 2013-07-31
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