To use the system, not to be used by the system; that is the aspiration.
Having “financial literacy” is having a nuanced intellectual comprehension of the specific ways in which money and capital flows affect the world we live in; it is the only way to understand capitalism, and the only way to grow wealth.
The modern world was funded and built by the forces of capitalism, and now represents humanity’s up-to-date interpretation of what we call “capitalism-as-usual”—it is the typical and ubiquitous state of affairs. The financial industry, and the financial reasoning embedded into it, undergird the entire commercial infrastructure of the globalized economy. Those without financial literacy will readily by exploited by the entrenched and ongoing processes of capitalism-as-usual. This will all occur to the economic benefit of the capitalists who own the capital that makes the machine go.
The Locally Owned, Profit-Sharing, Income Inequality Inhibitor (LOPSIII) model is designed to counteract some of the most devastating aspects of capitalism-as-usual by reorganizing key elements of the capital flows inside of a company. We have published Capital Flow on this site to help illustrate many of the most fundamental aspects of how capital actually flows through companies and economies, and how the profit motive is usually the determining factor in economic decisions. The LOPSIII model can be applied and adjusted to virtually any type of business to generate profitable commercial activity with ethical wealth distribution.
Though the present state of capitalism is unfortunate for most (due to the effects of wealth inequality, for example), it doesn’t have to be this way. A more-ethical and more-sustainable system of capitalism is possible, but it requires financial literacy from its participants.
One who doesn’t understand the distinctions between money, currency, capital and value, does so at their own peril. The same is true with inflation, interest rates, exchange rates, supply chains, human psychology, and economic policy alike. The wheels of capitalism are always turning, they are always on, and they are everywhere modern society is, operating from the foreground through the background. Choosing to remain ignorant of how capitalism works is your prerogative, but it will certainly not result in your economic benefit.
Please use the information on this site to freely enhance your own financial literacy, improve your business practices, and help generate a more economically intelligent society.
LOPSIII 