Menstruation is a natural biological process, but for many women, it comes with severe pain that can interfere with daily activities. According to the American Academy of Family Physicians, up to 20% of women suffer from menstrual cramping severe enough to affect their daily lives. This article argues for the need for paid leave for menstruation, citing the challenges women face in addressing extreme period pain in the workplace.
Reasons for Paid Menstrual Leave: Medical Validity:
Dysmenorrhea, the medical term for extreme period pain, is a common issue affecting a significant percentage of women.
The pain can be debilitating, making it difficult for women to perform their regular work duties.
Medical Disparities:
Women’s pain, in general, is sometimes not taken as seriously as men’s, leading to delayed or inadequate medical attention.
Studies, such as “The Girl Who Cried Pain,” reveal biases against women in the treatment of pain, further underscoring the need for acknowledgment and support.
Workplace Challenges:
Women already face numerous challenges in the workplace, including biased performance reviews and promotion disparities.
The societal stigma surrounding menstruation can contribute to women hesitating to speak up about their painful experiences, potentially hindering their professional growth.
Menstrual Leave Policies:
Some companies, like Coexist, have implemented menstrual leave policies to allow women to take time off during their periods.
These policies aim to address the specific needs of women experiencing extreme menstrual pain.
Paradox: Negative Impact on Women in the Workplace: While advocating for paid menstrual leave is crucial for addressing the immediate needs of women, there exists a paradoxical argument suggesting that such policies may negatively impact women in the workforce.
Employer Bias:
Introducing menstrual leave policies may lead to increased biases against hiring or promoting women, as employers may view them as potential liabilities due to the perceived need for additional time off.
Preferential Treatment:
Some argue that it is more equitable to provide paid leave for both men and women to avoid singling out women for a specific type of leave.
Equalizing leave policies for both genders may promote fairness and discourage potential biases against women in the workplace.
This approach avoids singling out specific groups for leave and ensures that all employees benefit from a more flexible work schedule.
Conclusion: While advocating for paid menstrual leave addresses the immediate needs of women experiencing extreme period pain, it is essential to consider the potential paradoxical impact on women in the workforce. Striking a balance by promoting equal leave policies for both genders or exploring alternatives like reduced working hours can contribute to a fair and inclusive work environment.
When India was under British rule, Gandhi started a movement to quit British goods and use Swadeshi products to help the country’s people become self-sufficient. The movement aided in breaking free from British control and achieving independence.
Things are not much different today. Today we are in the clutches of big corporations and banks.
Let’s check out what gonna change if we quit our national currency and implement shivarthu protocol.
Also, take a look at the various governance issues here:
No more debt economy Banks transfer wealth from people to capitalists by issuing debt or printing money. e.g. In India, Adani group has a debt of ₹2.2 trillion, which is near to the GDP of many big states in India. Many times, debt is issued for economic reasons that are detrimental to society. For example, the Adani group’s primary source of income is fossil fuel, which contributes to climate change and pollution.
UN: 3.3 Billion People – almost half of humanity – Live in Countries Spending More on Debt Service Than Education, Health. The report revealed that Public debt has also spiked more than five-fold since 2000.
UBI and decreasing income inequality Shivarthu governance may charge 1% – 20% of taxes per year of the total market cap. About 1%- 5% of taxes can be used to provide universal income. Here is a simulation where UBI will decrease the wealth inequality.
population = 45_429_399
print(f"{population:_}") # Odisha population 45_429_399
# If each person get ₹10_000 per month as UBI, which means approx. $125
total_money_needed_per_year = 45_429_399 * 125 * 12
print(f"{total_money_needed_per_year:_}") # 68_144_098_500
# If you tax 1% per year total market cap needed.
total_market_cap_needed = total_money_needed_per_year * 100
print(f"{total_market_cap_needed:_}") # 6_814_409_850_000
market_cap_of_bitcoin = 369_910_000_000
print(f"{market_cap_of_bitcoin:_}") # 369_910_000_000
# 2021 estimates show there are 64 million active wallets . A minuscule .01% of Bitcoin holders control nearly a third of the supply
ratio = total_market_cap_needed / market_cap_of_bitcoin
print(ratio) # 18.42 times
Implications of a deflationary currency
You will spend less and hold money since deflationary currency increases in value over time. Natural resource depletion and environmental pollution are two drawbacks of consumerism. The consumer society is not sustainable in its current state. More than 70% of Earth’s natural resources are currently being overused.
It appears that businesses are more focused on generating new demands than filling old ones. They frequently prey on our vanity and insecurities during this process. “You will feel better about yourself if you get this” “Purchase this and people will respect you.”, “Buy this and you will succeed”. These are a few of the messages that sellers try to get across to us so that we will buy things we don’t really need.
But many economists criticize deflationary currency as it will slow down the economy and bring unemployed, hence poverty. Yes, it’s true only when wealth is concentrated in a few hands, like in the current scenario, where 1% holds 90% of the wealth.
If income is allocated fairly, as in the Shivarthu protocol, your job—the one that uses the most natural resources possible and hence brings the greatest negative impact on society becomes unnecessary.
With the current advancement of technology, there is hardly any job left where automation can’t be used.
No to Bullshit Jobs
A bullshit job, as defined by David Graeber, was a concept coined by the late anthropologist and author in his book “Bullshit Jobs: A Theory.” Graeber describes a bullshit job as a type of employment that is essentially meaningless, unfulfilling, or unnecessary, yet it exists within a system that assigns it a high societal value and rewards it with a decent salary.
According to Graeber, bullshit jobs are often characterized by the following traits:
Lack of meaningful impact: These jobs do not contribute significantly to the well-being or betterment of society. They are often seen as pointless or even counterproductive.
Busywork and bureaucracy: Employees in bullshit jobs often find themselves engaged in excessive paperwork, pointless meetings, or other tasks that do not require their skills or expertise.
Low autonomy: Workers in such jobs have little control over their tasks or decision-making processes. They are often subject to micromanagement and strict rules and regulations.
Lack of productivity measurement: Bullshit jobs are often difficult to measure in terms of productivity or output. It becomes challenging to evaluate the actual contribution of these jobs to the organization or society.
Sense of guilt or shame: People with bullshit jobs often feel guilty or ashamed because they recognize the pointlessness of their work but are compelled to continue doing it due to societal expectations or economic necessity.
Graeber argued that the prevalence of bullshit jobs in modern economies is not only detrimental to the individuals performing these jobs but also to society as a whole. He highlighted the potential for increased dissatisfaction, mental health issues, and a loss of human potential when people are stuck in unfulfilling and meaningless work.
Shivarthu will incentivize positive externality, validated by score Schelling game and elected representatives. Your UBI (Universal Basic Income) can increase by 2 to 5 times if you produce a positive externality, but it can also drop if you produce a negative externality.
Exercising, yoga, mindfulness, and assisting others in doing so for mental and physical health.
Taking care of animals and pets
Volunteering and keeping your city clean
Avoiding single-use plastic and littering the road
Take part in governance
Doing scientific activism and mobilizing people for social justice (DEI: Diversity, equity and inclusion) or climate justice
and many others
Some examples of negative externalities include:
Littering on the road, park or beach
Consuming drugs, alcohol or cigarette
Participate in domestic violence
Taking part in some criminal activities
Users with more positive externality will have more voting weight as a result they possess greater voting influence. Consequently, voters who prioritize environmental protection elect like-minded candidates. These representatives bring forth fresh concepts concerning renewable energy and clean air, collaborate to enact enduring and egalitarian policies, and promptly address pressing matters such as climate change. Voters express concern for clean air, clean water, and climate action. Shivarthu protocol has the potential to transform their values into tangible realities. It will create a vicious cycle of positive outcomes..
Is Shivarthu a demurrage currency?
Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money.
Shivarthu is not a demurrage currency. Users are taxed at a certain percentage, but it doesn’t depend on how long you hold the currency. The tax rate remains the same whether you hold it for a year or just a few months.
Problems with demurrage currency:
It compels you to spend money even if you don’t need goods or services.
In economics, when you spend more, there is greater money circulation, resulting in increased economic activity and more employment. This concept is based on the belief that a single currency, whether local or national, can solve all our problems.
While it may seem appealing, it has its downsides. Increased economic activity often leads to the exploitation of natural resources and issues like climate change and pollution. But less spending can create unintended consequences such as unemployment or poverty.
Here is an example how it works, why cycling is bad for the economy.
However, these challenges can be addressed through controlled money circulation, using different currencies for different supply chains. This approach allows for fine-grained control over supply chains, including taxing or disincentivizing negative externalities and subsidizing or incentivizing positive externalities in different supply chains.
While shitcoins cryptocurrencies needs to be eliminated, we envision a multi-cryptocurrency system. Furthermore, unemployment can be addressed through the provision of Universal Basic Income (UBI), which can also be implemented at the supply chain level. For instance, individuals could receive a monthly allocation of 50 apples for free.
Secondly, because there are no incentives to hold a demurrage currency, it is likely to be abandoned, and people may shift toward other currencies. In most successful cryptocurrencies, hoarding is incentivized, for example, through staking to earn more tokens for providing security or other services such as decision-making.
We can use gold pegged cryptocurrency, but they are hard to decentralize.
Gold cryptocurrency can provide hedge against inflation and fluctuating prices of or other cryptocurrency. For example, from 2004 to 2022, the price of an ounce of gold in rupees has changed from Rs. 20,000 to Rs. 160,000. Gold has a history of being the best and most well-tested currency since 700 BC.
But these currencies are not fully decentralized, and depends on centralized regulators. If you’re considering investing in gold crypto, diversify your portfolio by exploring various gold stable coins to avoid the risk of losing all your money if one stable coin fails.
Or a dictator can demonetize 99% of the currency overnight:
The figures suggest prime minister Narendra Modi’s demonetisation policy, which likely wiped at least 1% from the country’s GDP and cost at least 1.5m jobs, failed to wipe significant hordes of unaccounted wealth from the Indian economy — a key rationale for the move.
Banks can also stop you to withdraw your own money when you need it.
Decentralized Finance
The blockchain space also has open-source DeFi lending platforms like Compound and Aave, where interest rates are determined by the market, rather than being controlled by banks and governments. This approach helps mitigate the unintended consequences of price ceilings and floors, as explained in the video below.
Zombie Banks (Run!)
This video discusses four reasons why financial intermediaries can fail: insecure property rights, controls on interest rates, politicized lending, and loss of trust. It’s hard to decide which is scariest!
Cryptogovernance is no longer purely experimental. For example, OpenGov on Polkadot is currently operational, and more versions are likely to emerge in the coming years. It can be adapted to numerous supply chains, including education, housing, agriculture, and transportation.
More points to cover, treat it like a manifesto:
No debt economy, unlike the large debts taken on by capitalists.
UBI with no income inequality
Implications of deflationary currency and minimalism
Nobel prize winner George Akerlof described how the quality of goods is degraded due to information asymmetry between buyers and sellers, leaving only “lemons” behind. Lemon is a vehicle with several manufacturing defects that buyers don’t know while buying.
The mechanism:
Suppose buyers can’t distinguish between a “peach” (high-quality car) and a “lemon”. A dishonest seller can sell the “lemon” saying it as “peach” at a price that is the average value of lemon and peach. So, in the market of lemon and peach, selling lemon will continue and sellers holding peaches will start leaving the market (as buyers can’t distinguish between lemon and peach, and lemon will have a lower price than that of peach). It produces a positive feedback loop because, when enough sellers of peaches leave the market, willingness to pay for buyers will decrease (as the average quality of cars on market decreased) leading to even more sellers of peach to leave the market.
Due to lemons, or predatory journals, new journals are seen in the eyes of doubt. Many started relying on unscientific, non-transparent birds-eye reviews run by individuals like Beall’s List, which has the potentiality to kill any new journal without any proper and valid reasons for listing. Even govt policies that are meant to tackle bad publishing like funding research only if author articles are indexed in Journal Citation Reports (JCR) make a new journal unstainable which leads to only monopolistic publishers thrive.
It requires an average of about 5 years to get indexed in JCR and it requires lots of resources for it. But no one likes to publish their research in a non-indexed journal which makes a new journal too hard to sustain and nurture.
Dear scientists, you are scientists and are supposed to make decisions on the purview of scientific arguments. We at mercury reaudito will provide a complete open peer review that will be published with the article. The review is done with rigorous scientific guidelines or review criteria to follow.
I hope you will put such arguments in front of governments so that they give a new good journal a fair chance to thrive, otherwise, publishing will only be in the hand of a few oligopoly markets.
Coronavirus and social distancing can prepare us for a healthy economic model that can work for any period of time.
Pollution rates are going down, lakes are becoming clean, deers are coming to the roads. In other words, nature is taking over the world.
People are working from home and are getting more family time.
All these are transcendent for human beings, which needs to be celebrated.
But many politicians are concerned that it will have a serious negative impact on the economy? But is it so? Or it’s because of the present economy itself is in bad design.
Social distancing promotes remote working:
Here is why remote working is the best way of working.
More autonomy, more productivity, more happiness as you are no more under the robotic control and surveillance of a boss to micromanage all your tasks.
Take another example of overcrowded schools. Do you require such schools? Or you can learn from home. Local teachers can come to your location. Teachers can also teach remotely. Like in case of higher education, students are first taught locally about learning strategies with close observation and then after making students autonomous, they can be taught remotely with best content. Less teacher and student ratio and students can maintain an appropriate distance.
Here are an example and incentive model of how local decentralized schooling can work.
Regarding handling the supply chain, do we require so many people to handle it?
Learn from Amazon, how it handles supply chain with automation.
But the problem with Amazon is it’s not decentralized and it’s not healthy for our economy. All profits are kept by Amazon, and it kills the income of local sellers. But the decentralized organization can be designed with blockchain using cryptocurrency, which has the same supply chain model of amazon but instead, profits are shared with the customers and incentive models designed is pro-economy.
All most about 80% of jobs are bullshit, either unnecessary because it can be taken by robots or don’t provide any utility which creates negative externalities. The problem is just we don’t have a mechanism to distribute the profits with people for the work done by robots.
What Is a Bullshit Job?
Here’s Graeber’s definition, which he constructs carefully over many pages: “a bullshit job is a form of paid employment that is so completely pointless, unnecessary, or pernicious that even the employee cannot justify its existence even though, as part of the conditions of employment, the employee feels obliged to pretend that this is not the case.”
Another good situation coronavirus is creating, is people are leaving the abusive low paying jobs and coming to their homes.
And regarding currency, many countries are seeking debt or providing heavy currency packages. Remember, the currency is not money. Real money is precious metals like gold and silver that always maintains its value. Such heavy packages can devalue the currency and bring us to the recession.
Cryptocurrency has properties similar to gold and silver. Take for example DAI cryptocurrency coin. 1 DAI pegged to 1 dollar. The dollar can be devalued by bad policies of politicians. But, we can create cryptocurrency using the same mechanism of DAI that is pegged to Gold. Take for example 0.001oz of gold = 1 DAI, so that it never gets devalued.
Blockchain is for decentralization and remote working as incentives are not decided by your boss but by the community and game-theoretic algorithms.
Reinventing Organisations
5G connections and LPWAN networks using blockchain can further scaffold the process of remote working and global collaboration.
We just can’t go the previous situation of chaos after coronavirus is controlled. We just need more designers who can bring good incentive models to the blockchain.
Its time to think right. Money is a fiction and should be treated as such. We don’t need money to serve the rich and powerful, but to generate good behavior and best services for each and every one. Money was created for the community not just for individual needs.
But its not only about productivity but its also about income. In India, a newcomer researcher, programmer or engineer is exploited with long working hours by giving them as low as Rs. 5000 to 10000 per month.
You have to pay room rent, transportation charges, electricity bill, for food and clothing.
The travelling time, which can take more than 4 hours per day due to heavy traffic and bad roads, drains all your energy and makes your productivity even more worse.
It also affects your well being and mental health.
People who work from home all the time ‘cut emissions by 54%’ against those in office
Study in US shows one day a week of remote working cuts emissions by just 2% but two or four days lowers them by up to 29%
Challenges of Working from Home for Women in India: Caregiving and the Patriarchal System
Working from home has had adverse consequences for women, particularly working mothers, as evidence reveals their increasing responsibility not only in childcare but also in various other family and household care duties. The COVID-19 pandemic and the shift to remote work have exposed the persistent gender disparities in India’s patriarchal system, where traditional gender roles and expectations often place the bulk of caregiving responsibilities on women. With the closure of schools and limited access to external support, many working mothers have had to navigate the challenging task of balancing their professional commitments with an increased load of childcare and family care. This situation highlights the urgent need for a more equitable distribution of family responsibilities, along with supportive policies and workplace structures that acknowledge and address the gender imbalances that continue to prevail in India’s patriarchal society. Empowering women in the workforce while promoting shared responsibilities in caregiving is essential for achieving gender equality and improving the overall well-being of working women.
Flexible working can significantly improve heart health, study shows
Companies With Flexible Remote Work Policies Outperform On Revenue Growth: Report
Employees frustrated with their CEOs’ return-to-office mandates have tried arguing that remote work is linked with greater productivity. That it helps the environment with fewer commutes and improves diversity by broadening the talent pool. Now, they may have another argument to get their CEOs’ attention: Higher revenue growth.
The report shows that the three-year industry-adjusted revenue growth rate of companies that have what Scoop calls a “fully flexible” policy—meaning they allow employees or teams to choose when or whether they come to the office, or are fully remote—is 21%. Companies in the data set with more restrictive policies—say, those that have corporate mandates for a couple days per week or those that require full-time work in the office—had only a 5% industry-adjusted revenue growth rate, the analysis found. When excluding the tech industry over the same period, public companies that were “fully flexible” outperformed by 13 percentage points.
Lovich, whose firm worked on the analysis with Scoop, says the report doesn’t yet show that flexible policies cause higher revenue growth. Rather, she says flexible policies are one likely “symptom” of a culture that trusts workers, has other employee-friendly benefits and values forward-thinking strategies, technology and ideas. “If they’re less restrictive on [remote] work policies, they’re probably more pro-innovation, more purposeful and more engaging,” Lovich says, all of which could lead to higher revenues. “I doubt those companies would be taking attendance and measuring badge swipes.”
Unlocking Global Talent: The Power of Fully Remote and Flexible Work in Fostering Diversity and Driving Organizational Success
In today’s interconnected world, the shift towards fully remote work has become instrumental in cultivating a more diverse and dynamic workforce. This transformation extends beyond geographical boundaries, allowing organizations to access talent pools from various states and countries. The collaboration of individuals with diverse backgrounds, experiences, and skill sets enhances the workplace’s richness and contributes to the success of the organization.
Fully remote and flexible work bring people together from different countries, promoting collaboration among individuals who may have been initially hesitant to participate. Remote work significantly impacts fostering a culture of inclusivity, unlocking global talent, and contributing to the prosperity of forward-thinking organizations.
So, suggestions how these problems are solved.
1) Awareness
First is to create awareness, such a job culture is neither good for the company, nor for the employees or society.
More aware citizens especially parents can do a lot for their children so that they are not exploited by companies.
2) Policies the protect employees
Government policies that take into account employees well being and measures to prevent the exploitation of employees.
Ideas like providing UBI for learning for unemployed and unskilled, funding grants and ideas so that they spend time on learning and entrepreneurship rather than an exploiting job.
3) Measures to increase productivity
The first step is to decrease work hours.
Then ask employees to take breaks every one hour (human mind can’t work in optimum after an hour), ask them to do exercises like deep breathing and yoga.
Ask them to do work remotely in their home, decrease the number of days they have to come to the office.
Be aware that remote employees work from home and live at work. Studies show that remote workers work longer hours on average—sometimes, a full extra day per week.
A catch22 paradoxical situation the students and employees can’t escape.
Catch22 paradox, a paradoxical situation from which an individual cannot escape because of contradictory rules or limitations.
The education system of India too oppressive with the inferior curriculum. What they learn in college never gets utilized when they join a job. This leads to fewer job creators because of a lack of entrepreneurial and problem-solving skills including other problems like fund crunch, no parental support, and monopolistic markets that kill small businesses. When they join a job, they are made to overwork with the low salary. Unskilled labor without critical thinking produces low-quality work, to make it worse they don’t have the time to learn new skills or can think about the problem with a tired brain.
My friend argued that companies can train them to learn new skills, which will help them to work productively that can benefit the company.
But this can’t be the case, here is the reason for it:
Training employees benefits employees not the company because they have to bear the course fee, also have to pay the salary without doing any real projects of the company, as employees will be busy learning. There is no guarantee that employees will stay and not look for bigger opportunities after they are well trained. The self-interest of companies unlikely to permit such a step.
One may argue that employees can learn part-time. This too is also not so possible due to overwork they do.
For example, an employee knows basic PHP and does the project work for the company with Rs 10,000 per month. With sick leave, there is further deduction. To learn new technology like blockchain or nodejs or machine learning, it requires a full-time learning time, as these technologies require highly technical courses. It requires a rigorous full-time Bootcamp, that can last 3 to 5 months on average.
So, in order to learn, they have to quit the job. But how will they fund these 5 months, as the salary is too low, and no saving is left after the month-end?
Suggestion:
The Nordic model that they have pioneered over decades has a few basic components: a welfare state with free, high-quality education and health care; a “flexicurity” model of employment, which combines flexible hiring and firing with strong social security; and open markets with low tariffs and minimal barriers to trade.
an economic and political system in which a country’s trade and industry are controlled by private owners for profit.
Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets
–Wikipedia
Definition of socialism
Socialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership.
But do socialism works?
Here are some of the video that explains why socialism is much more worse than capitalism?
But both the videos have serious flaws:
It assumes Capitalism = Free Market
Capitalism and the Free Market is often incompatible with each other. Capitalism entails private ownership, and through private ownership, individuals and entities can amass excessive wealth, establish monopolies, and potentially undermine the principles of a free market. Furthermore, they often utilize financial resources to lobby the government, seeking regulations that favour their interests and, in the process, potentially disrupt the free market.
Examples are Microsoft and Iphone with their proprietary software or hardware
Apple has been forced to make their phones easier to repair, but, as the evil company that they are, they’ve found another way of creating unneeded friction in the system.
We’ve now reached the point where it’s technically easy to remove the screen or the battery from an #iPhone 14, you can replace them with genuine Apple parts purchased from their store, but when you turn on the phone things probably won’t work unless somebody from Apple registered the parts’ serial numbers (which have all to be genuine and new btw, throwing a wrench into the idea of sustainability through used/refurbished/compatible parts) to your phone.
In other words, they’ve been forced to remove the hardware barriers, and they’ve just moved them to the software.
-@blacklight
It assumes Socialism = Govt Ownership
Socialism is centered around the idea of public, collective, or common ownership of the means of production. Its not about government control, where approximately 200 to 500 elected representatives manage the means of production, or where a single elected head, such as the Prime Minister or President, exercises control over the means of production.
“Free software” means software that respects users’ freedom and community. Roughly, it means that the users have the freedom to run, copy, distribute, study, change and improve the software. Thus, “free software” is a matter of liberty, not price. To understand the concept, you should think of “free” as in “free speech,” not as in “free beer.”
Another example can be decentralized computation using blockchain, its free market as well as owned by common with #FOSS software. You don’t have to rely on aws, you can use your home computer to provide service.
Wealth inequality is on the rise. People are unemployed and in poverty. Capitalists are creating more problems (or negative externalities like climate change, pollution) than solving.
This is how Advertising works. The Game theory of Advertising.
The payoff is high for both when both the competitor entrepreneurs don’t advertise or they do advertise.
But entrepreneurs sell products, and money comes from their profit.
But what politicians are selling?
As they are not selling anything, so the payoff will be the same when they all don’t advertise or they do advertise. The effect that politicians are seeking through advertising will not change if there is a complete ban on paid advertisements.
Do you know where does the money on publicity come from?
Yes, you have correctly guessed, its taxes. But taxes can come from two means:
1) Through transaction costs, where the govt keeps the cut on the transaction.
2) Printing more money, as govt is a money-printing machine. When govt prints more money, the burden has to beared by common people. A nonobvious way of collecting taxes.
Who pays the bad loans (loans given by banks to people who then fail to repay them) or NPA of corporates like Vijay Mallya and Nirav Modi? Do you think the bank?😀😀😀😀
As of March 31, 2018, provisional estimates suggest that the total volume of gross NPAs in the economy stands at Rs 10.35 lakh crore.
So, if you what to know what politicians sell? They sell countries.
I already said what is your future with this democracy. The onus lies with the people to bring a good and fair democracy that incentivizes experts with character to join not illiterates, matric pass or hypocrites.
This is how taxpayers’ money should be used. To pay for utilitarian services like food, water, electricity, education, transport charges. It will also create a healthy economy because will increase the velocity of money without hoarding and increase entrepreneurship.
Raising Taxes Very Rarely Results In As Much Revenue As One Expects
You have to do it the hard way by improving the health of the economy, no alternatives.
The best way to increase governmental tax receipts is to increase the health of the underlying economy so the velocity of money is higher. Countries often find this out the hard way. In the United States, individual states find it out the hard way, as well.
Double or triple the rate of plastics and Make counters for getting back the extra incurred charge by depositing the plastics
Any seller can make such counter, keep the plastic sorted and return back the plastic to the company who has produced it.
Generic plastic counters can also be made where any plastic can be deposited, and some incentives to the people, such as mobile recharge or money can be given.
Questions and Answers:
Will it work? Plastic crushing units were installed in the railway platform and 10 rupees mobile recharge was being offered for some time. But now these are not functional.
It didn’t work because we are not charging plastic with double or triple rates, in other words, we are not taxing for single-use plastic.
If people are charged extra, a lot extra for plastic, they will return back the plastic for recycling to get back their money.
Go on increasing the selling price of plastic, and return pricing of plastic till everyone starts depositing plastic. Collect the data, and fix the price.
But will it be hard to implement?
No, actually it’s easy to implement, products with single-use plastic just have to declare the selling price and return price of the single-use plastic, that’s all. The return price should be written on the product package. It’s up to the policymakers to decide the return price with collecting data of its working.
It may decrease the selling of products? So sellers can bear loss.
No, as it will impact every seller, i.e. it will also impact the seller competitors. But it will add complexity to the seller, as they have to handle the recycling of plastic.
But it will generate more employment and create a healthy economics.
Economics is not about just selling products and services without taking care of negative externality, it’s about selling products and services that adds value, including services that eliminate negative externalities.
Yes, it requires mature politicians or policy makers at work which we don’t have. — Fair Democracy
Plastic Fish
Terminology:
Negative Externality
In economics, an externality is the cost that affects a party who did not choose to incur that cost.
Costs are passed along to different members of society beyond the producer and consumer.
I am Brainstorming 