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Money makes the world go round. Does it?

“Life, Liberty and the pursuit of Happiness” requires money because “money makes the world go round.” Or does it?

The first-mentioned quote is the well-known phrase in the United States Declaration of Independence and the second is a line from the song Money, Money in the musical Cabaret.

It is obvious that having financial stability – or a sense thereof – in your life is of utmost importance. There even is enough evidence that having financial wealth can add significantly to happiness. But is money the alpha and the omega? 

Four Horsemen

In the award-winning documentary, Four Horsemen, the “lid is lifted on how the world really works.” You’ll get an indepth look into fractional reserve banking and political lobbying by banks and how it compares with classical economics.

With narratives by leading international thinkers, the Four Horsemen takes you through the rise and fall of empires up to modern economics. It also is a reminder that “history is doomed to repeat itself,” as George Santayana taught us.

More than 100 years ago Vilfredo Pareto observed that, in general, 80% of the success is accrued by 20% of the people – the 80/20 principle is called Pareto’s Principle – and that it always was the case. However, it appears that since the last century the accruer number has decreased. We are now closer to the Jacob Nielsen distribution number of 90-9-1 and thus the 99 Percent Movement.

The Four Horsemen is a video worth watching.

For the record

On July 4, 1776, Thomas Jefferson adapted English philosopher John Locke’s concepts of inalienable rights to life, liberty, the gathering of property and the “pursuit of happiness” into “We hold these Truths to be self-evident, that all Men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

The song Money, Money was created by songwriting team John Kander and Fred Ebb for the film version of the Broadway play, Caberet.

The Four Horsemen was directed by Ross Ashcroft.

So, does money make the world go round? Is this really how the world works?

It’s your life. You decide!

02/26/2014, Category: money. Tags: , .

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