Depreciation: The Beginning of Our Systemic Economic Problems, and the Conscious (and Ethical) Economist’s Cognition

An important fact and definition:

Depreciation/Depreciation Allowances to Businesses: A “stay of execution of costs”, NOT a forgiveness of same.

Hence, by cost accounting convention that all costs must go into price, and even in the completely unfettered operation of the economy, the flow of total costs/prices will always tend to exceed the flow of total individual incomes distributed with which to liquidate said costs/prices.

This includes even monies distributed by government that actually go into the economy via some enterprise and only thereafter become individual incomes because these monies are then subject to incurring the ADDITIONAL SYSTEMIC costs like depreciation etc.

The only actually ethical solution to this systemic economic dis-equilibration is a direct supplementary gift of money to the individual via a universal dividend and/or a gift of price discount to the individual at retail sale. And even if the system can be “kicked down the road” for long periods of time before/despite eventual collapse it is unethical because it makes the individual serve the system the entire time instead of the system serving Mankind generally.

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