(07) Introduction to changes in the financial system to make the world more equal
Very soon, I will start discussing how I think the financial system should be adjusted in order to get a fairer world, whereby I will try to introduce rules that will allow each individual to have an equal chance in life although each person will be at a different level at the end of their life due to individual choices made. Indeed, as I mentioned before, rich and poor people will always exist, but it should not be due to the existence of an unfair system that focuses on some people who are paid too much while others (sometimes with more useful jobs) receive much less. But, inequality should only exist because decisions made by individual people (e.g. people investing their money wisely will become richer than those who spend all their money, or people who work longer hours will earn more than those who decide life is more than just work). This series will include changes to the way (some) people are paid; most ordinary people will recognise this as they are paid as I will discuss (...