Savaism: A New Economy

By Judah Evan Miller

Unlocking a New Economic Vision

In a world stuck between capitalism and socialism, Savaism offers a third way-one that isn't about taking from the rich to give to the poor, but about stopping the rich from hoarding wealth in the first place. This groundbreaking economic model introduces a system where wealth circulates, be

• Language: English
• Publisher: KDP
• Release date: Dec 10, 2024
• ISBN: 9798348202187

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Savaism

Judah Evan Miller

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Savaism

Copyright © 2024 by Judah Evan Miller

All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews.

First Printing, 2024

Contents

Introduction

A Broken Economy

A Better Way

Practicality

1

Introduction

Sava: Economic abundance signifying material fullness and profound contentment.

Introduction to Savaism: A New Economic Model for a Changing World

In 1950, the median home price in the United States was about $7,354, while the median household income was approximately $2,990. This gives a price-to-income ratio of about 2.5, meaning a typical home cost around 2.5 times the annual household income. As of 2024, the median home price has risen to $416,100, and the median household income is about $74,580, resulting in a price-to-income ratio of 5.6. This indicates that it is now more than twice as difficult to afford a home compared to 1950​. Since 1950, the U.S. Gross Domestic Product (GDP) has grown dramatically. In 1950, the nominal GDP was approximately $300 billion. By 2023, it had risen to about $27.36 trillion, reflecting an increase of over 90-fold in nominal terms​. There is definitively more to go around yet there substantially less in the hands of the people. Where did it go? Who has it? And how can we get it back. That’s what this book aims to find out.

In today’s world, the debate around economic systems seems to be stuck in an endless loop, with capitalism and socialism dominating the conversation. On one side, capitalism is lauded for promoting innovation, competition, and individual freedom, yet it’s also criticized for fostering inequality, environmental degradation, and a focus on profit over people. On the other side, socialism is praised for its emphasis on equality, collective welfare, and the redistribution of resources, but it’s also condemned for stifling innovation, curbing personal freedoms, and leading to inefficient economies. Both systems, though fundamentally different, share a common flaw: they fail to address the root causes of economic inequity and sustainability.

Why Savaism?

Savaism offers a fresh perspective a third way that isn’t constrained by the binary choice between capitalism and socialism. It’s built on the simple yet profound idea that there’s enough wealth in the world to ensure everyone’s basic needs are met without the need for aggressive government intervention or corporate dominance. The term Savaism derives from the word Sava, symbolizing abundance and contentment. It represents an economic philosophy centered on the belief that prosperity can be achieved without sacrificing fairness or freedom.

In essence, Savaism is about creating an economic environment where wealth doesn’t just trickle down from the top or get forcefully redistributed from the rich to the poor. Instead, it’s about ensuring that the systems in place prevent wealth from being hoarded in the first place. Savaism aims to build a society where resources are abundant and accessible to all, where economic policies foster inclusivity, and where businesses thrive by contributing to the well-being of society as a whole rather than solely focusing on profits.

The Limitations of Capitalism and Socialism

To understand why Savaism is needed, it’s crucial to first acknowledge the limitations of the current dominant economic systems. Capitalism, with its emphasis on free markets and individual success, has undoubtedly driven technological advancements and lifted millions out of poverty. However, it has also led to significant disparities in wealth and power. In many capitalist economies, a small percentage of the population controls a vast majority of the wealth, while many struggle to make ends meet. This concentration of wealth often results in an imbalance of power, where the wealthy exert disproportionate influence over political and economic decisions, perpetuating a cycle of inequality.

On the other hand, socialism seeks to address inequality by advocating for the redistribution of wealth through government intervention. The idea is that by taxing the wealthy and providing social services, everyone can achieve a basic standard of living. However, this approach often comes at a cost. This is why the term wealth redistribution is always framed in a passive tense, because wealth redistributing raises the questions, Who is doing the redistributing? And Who has that power? When the government assumes the power to control wealth distribution, it can lead to inefficiencies and stifle innovation, as competition diminishes. More critically, heavy government involvement in the economy frequently results in a significant loss of personal freedoms, as individuals lose the ability to make independent decisions about their own economic lives, placing control in the hands of the state.

Both systems have their strengths and weaknesses, but neither provides a holistic solution to the challenges of modern economies. They represent two extremes one that prioritizes individual success at the expense of societal welfare, and another that focuses on collective welfare but often at the cost of economic efficiency and personal freedom.

The Core Principles of Savaism

Savaism seeks to bridge the gap between these two extremes by focusing on three core principles: fairness, freedom, and sustainability. These principles are not just theoretical; they are the foundation upon which practical policies and economic structures can be built.

1. Fairness: In a Savaist economy, fairness is about more than just equal distribution of wealth; it’s about creating opportunities for all individuals to succeed. This means ensuring that everyone has access to education, healthcare, and other essential services, and that these services are provided in a way that empowers individuals rather than creating dependency. Fairness also involves preventing the accumulation of excessive wealth and power by a few, which often leads to corruption and inequality.

2. Freedom: Savaism values personal freedom, recognizing that individuals should have the autonomy to make choices about their own lives. This includes the freedom to pursue economic opportunities, to start businesses, and to innovate. However, this freedom is balanced with the need to ensure that one person’s freedom does not come at the expense of others. In a Savaist system, regulations are designed to prevent exploitation and to protect the environment and public welfare, without stifling creativity and entrepreneurship.

3. Sustainability: Economic policies under Savaism are designed with long-term sustainability in mind. This means not