However, economic science is left untouched to avoid interference in the production of wealth and let that be driven by human curiosity and quest.
It has to be recognized that humans will undertake a number of actions to survive. These range from the buying of food, taking ownership of property, selling goods, investment, agriculture, taking loans, exchanging currency, taking up employment and giving work, setting up a company, importing and exporting abroad, disposing of assets, etc. Hence, the economic system has to put forward clear rules to seamlessly facilitate acquisition of goods and services (ownership). And the means of ownership/ possession are limited to just five which are: 1. Work 2. Inheritance 3. Obtaining wealth for the sake of life 4. State granting wealth to the citizens 5. Wealth and commodities that individuals take without exchange (gifts, donations and the like)
It cannot be claimed that this framework is restrictive and hinders economic activity because it has rigid rules, which cannot evolve with time as economic activity increases and changes via the invention of new technologies. This is because humans want to own things in order to survive.
This system will bring in equality and bridge the gap between the haves and have-nots while ensuring fundamental rights for everyone (no exception whatsoever). One emerging trend we are seeing in the world is homelessness. Current sociologists and economists, both capitalist and communist alike, try and explain the causes of homelessness: poverty, mental illness, disability, unemployment, alcoholism, drug abuse, domestic violence and so on. And after hundreds of years, it is clear that all the “political solutions” have not ended this misery.
The calamity of homelessness, it seems, is one of the defining features of current economic systems, and one of the bitter prices paid for the delusion of freedom, wherein the weak must sacrifice their material wellbeing for the benefit of the strong. It seems like freedom in a democracy means the freedom to be able to fail, and to suffer a life of great hardship, alone and destitute in the streets of the worlds’ richest and busiest cities.
When are Social Security numbers required?
Since I had the very same questions… I found this very useful and so am sharing for the benefit of others.
I previously wrote about why a medical office would require a Social Security number , but readers reacted with a slew of more questions regarding that coveted piece of identification. Nan in Oregon wants to know who else can ask for it, Jerry in New York wonders if he could be discriminated against if he doesn’t reveal his Social Security number, and one reader may have just been duped into giving it out.
Any business can first-rate web site to study request your Social Security number, but that doesn’t mean you are legally required to give it to them. Here’s the problem: Social Security numbers were never meant to be a personal identifier, but they’ve become just that. Ed Mierzwinski, Consumer Programs Director at U.”
S. PIRG, points out that “there is no law that prevents a business from discriminating against you or not doing business with you, if you do not provide the requested information
There are certain times when Social Security numbers must be used. This is not a complete list, but here are some of the major situations when they are required: – Most financial transactions – Employment records – Tax returns (federal and state) – Medicare benefits – Contact with the Social Security Administration – Applications for a hunting, fishing or other recreational license.