Why Is the Global Economy Like This?

By Cornelis Bal

Have you ever wondered just how our current global economy came aboutand how its laws and regulations rule and influence our lives?

In this commonsense discussion of world economics, author Cornelis Bal presents a brief exploration of these questions and offers suggestions for how we might change our economic system in order to improve our lives. His explanation draws a comparison between the laws of nature and the laws of economics, considering how the rapid development of technology in the last century has drastically affected how we work and live and these technological developments will continue to influence our lives beyond imagination in the very near future. Rather than presenting elaborate mathematical models to support his conclusions, he relies on straightforward language and observations that anyone might make. Bal explains that the present global economic system does not seem to have a sustainable future unless we make drastic changes, we will continue to experience increasing anarchy.

• Language: English
• Publisher: Partridge Publishing Singapore
• Release date: Jul 6, 2015
• ISBN: 9781482832235

Cornelis Bal

Cornelis Bal is a mechanical engineer with a long and great interest in how world society is organized. He has travelled all corners of the world for his present job as Vice Precident of LIN SCAN, providing inspection of life pipelines with robotic equipment. As such he has looked at the world economy and the job market from a totally different angle.

Book preview

Copyright © 2015 by Cornelis Bal.

ISBN:      Hardcover      978-1-4828-3224-2

               Softcover       978-1-4828-3222-8

         eBook           978-1-4828-3223-5

All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the publisher except in the case of brief quotations embodied in critical articles and reviews.

Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

Toll Free 800 101 2657 (Singapore)

Toll Free 1 800 81 7340 (Malaysia)

www.partridgepublishing.com/singapore

Contents

Preface

Chapter 1 Introduction

Chapter 2 The Laws of Economics

Chapter 3 Analysis and Prediction

Chapter 4 Solution

Chapter 5 Conclusions

Preface

This book discusses:

• the way our global economy is structured

• how this structure rules our lives almost completely

• why we accept that structure

• suggestions for how the economy can be changed.

I’ve used common sense. The language is as simple as possible, making it understandable to everyone. I have refrained from using elaborate mathematical models to support my conclusions, as I feel that they will confuse the issue.

My father used to say, You don’t have to pick up dog shit to know that it stinks.

So instead, I use history to show how humankind has