Fair

Table of Contents

• ThankToken is fair
  • The Problem
  • The solution

ThankToken is fair

Oxfam is showing the massive inequality caused by our current monetary system with Euro, Dollar, etc.:

The richest 1% have more wealth than the rest of the world combined.

— Oxfam.org
https://www.oxfam.org/en/research/economy-1

Our current monetary system has caused enormous progress in technology during the last century. We have increased our efficiency of producing goods including food by a magnitude in the last decades. But there is a huge problem.

The Problem

Somewhere, every five seconds, a child under 15 dies

— United Nations
https://news.un.org/en/story/2018/09/1019602

If we open our eyes we can also see that:

• in western countries a huge overproduction of food is distroyed to keep up prices

• millions of people are starving to death

• we have developed medicine to cure diseases but patents prevent access for poor people

• millions of people are dying of diseases easy to cure

• the richest eight people own more value than the poorest 50% of the entire mankind

• millions of people have nothing to live from

Currently it is possible to inherit enourmous ammounts of money. Families can live from the interest and dividend created from it. On the other hand other people grow up poor and have almost nothing to live. Oxfam is showing the massive inequality caused by our current monetary system.

Don’t you agree that we have a severe problem of sharing the values we have on our planet? We all have enough value on our planet so if we do not change this now, we are murderers.

The solution

ThankToken is designed for social justice and fairness. It is creating value by universal income. The person income gives every person a right to be and live. Still people can be more rich or more poor but everyone gets the same chances. Natural decay will prevent a fixed or even widening gap between rich and poor. With a natural decay it will not make sense to hoard millions or billions anymore. It can still make sense to gather value to be prepared for hard times and the unexpected. As people might want to escape the natural decay in buying land we also do the land reform process that will turn land into a common good.