Carrying on that bank evolution idea

Response To The Ponzi Allegation | Stephen C. Rose

Say a savings bank deals interest on deposits according to two measures. First participation by percent of deposit. Second by level of total deposit. The lower the total the greater the return so that the lower moves up at a greater rate than higher amounts. There is extra credit given to the extent that a person's account is active on the spending side. Spending can consist of more than consuming things or purchasing services. It can also be transferring money to others. Jesus suggested this sort of notion in his parable of the talents. He faulted the lowest recipient who refused to invest his or her meager single talent and rewarded the one who had made good use of his or her original ten talents. The moral of this is that the person with one should not have been afraid to circulate it. Now if the person with few resources is rewarded both for participation (circulating) and and in proportion to the amount of his stake we establish another Jesus principal - that the last shall be first. We make possible the raising up of the bottom floor of the world's economies. The rich of course continue to do well but at a rate that means that their wealth is shared, If the highest rate for the pauper is 20 percent or even more, the topmost rate might be less than one percent. But less than one percent of a million is hardly chump change. Once we think in this direction, we can begin to talk honestly about work as a privilege and jobs as an option and exercise of creativity as the right of each human being.



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