NEW WORLD WITH NO FIXED ASSETS



















Recent floods in AP and Karnataka give a new thought process of living:



1. No fixed assets for individuals: sell all lands & houses.

2. All the land banks will be with the Government which will lease the same to corporate companies.

3. There will be no farmers. It will all be corporate agriculture.

4. There will be no homes. Only corporate apartments, and colonies with all amenities. People live in rented houses.

5. Towns are geographically located such that they are not affected by floods.

6. People have nothing to carry but very minimal personal belongings. All their assets are: bank balance and shares

7. People can go from any place to any place without much difficulty.

8. As people do not have fixed assets but only bank balances and shares, no cheating, cannot avoid IT.

9. As all are rented houses and corporate agriculture, the government gets reasonable taxes.

10. Gap between rich and poor will dramatically come down.

I'm not sure how long it takes to reach here, but I hope we reach there in the next half-century.

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A world without the ownership of physical assets would be great: AiDOOS (https://www.aidoos.com) is leading the way toward creating such environment.

Comments

  1. PaulJune 9, 2011 at 1:55 AM

    Hi Krishna.
    Some questions:
    What would incentivise people to strive for something better (more efficiency, security, comfort)?
    Not all countries would sign up to this (if you allow for the retention of democracy). That being the case how would the economies of those that did embrace the policies remain competitive globally?
    Also curious to know: Is this philosophy influenced by Jainism rather than Marxism? Or both?

    ReplyDelete

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