Tuesday 25th June 2019
Where this innovation is concerned, we are implementation ready and have made submissions, any apparent delays to implement the pilot are not to do with us as we await the technocrats’ responses from whom action is required to facilitate the movement of this initiative.
It is not uncommon to hear lamentations about how countries like Singapore which were once at the same level of economic development as Zambia at independence in 1964 are now far ahead in terms of wealth and economic ranking in the present day. These comparisons are of course uninformed. The transfer of wealth should not be passed off or misrepresented as being the same as the creation of wealth. Anyone who is gullible enough to believe, has made themselves a willing victim of game theory. Unless they have learned to defy conventional laws of physics, countries considered wealthy today, across the world, that are presented as marvels of “special” management or other abilities have merely transferred wealth to one another and hope that disadvantaged nations will never gain the powers of discernment to identify this. The time is up for using “game theory” to create subservience and make developing countries think their problems are self created. Any growth and development plan or approach prescribed to a nation by any credible development organization, whether local or international, that does not address and counter financial losses caused by operational inefficiencies in the circular flow of income (CFI) is either inherently disingenuous or patently incompetent.
When the actual factors and modalities for economic growth are understood it will become evident how easily a country like Zambia can achieve and even surpass the remarkable achievements of a country like Singapore. A Split Velocity system is capable of accelerating growth in Zambia to the extent that it can achieve the same development status as Singapore and do so in a shorter space of time. This growth can even be guaranteed.
[Excerpt from GPWN (2010)] : The challenge our age faces today is to address poverty at its core and this is at the systemic or operating structure of economic models. It is as important to be able to distinguish between growth and development as it is to distinguish between an economic operating system and an economic (management) system. Capitalism and socialism are economic management systems based on ideological approaches to resource allocation. They are not an “operating system”, which is based on the working mechanics of an economic model at the circular income flow (CFI) level. Therefore, when reference is made to the Operating Level Economics as an ‘economic system’ or ‘system’ (explained in later chapters) it is not in relation to capitalism or socialism which are ideological, but the scientific or mechanical, technological and systemic structure of the allocation process. This is what is meant by the ‘core’ of the systemic structure of economic models. [A Split Velocity system is based on science, not ideology. Ideologies do not guarantee economic outcomes.]
The management of recession, stagnation, underdevelopment and poverty at present is focused on damage control, that is, dealing with the symptoms without addressing the operating system (flaws in the CFI) that actually causes them that have nothing or little to do with human behaviour. This is due to the sum and consequence of poverty (excluding the human factor); it is caused by a flawed economic operating system that annually deprives businesses and economies in general of billions of dollars in lost productivity. These systemically wasted resources are what, by default, create unusually high levels of scarcity that make the elimination of scarcity through the management of poverty practically impossible and an important lesson in futility. Human beings and governments are doing the best they can often in very difficult circumstances. [If technocrats take the time to understand the loss taking place in the CFI due to operational inefficiencies there, which can be as high as 93% of GDP it immediately becomes clear that poverty and dystopia is a problem to do with economic and financial literacy rather than ideology or human weaknesses. Governments need support to be able to do the best they can for a nation and its people. Split Velocity is possibly one of the first scientific approaches to finance and business able to guarantee both economic growth and development when applied. It means a change in mindset that addresses and corrects these inefficiencies can transform economies.] Essentially, it is this scarcity that creates Pandora’s Box that spreads unemployment, underproduction, poverty, hunger, debt, slums, ghettos, famine, inner cities, insufficient shelter, squalor and so on. The approach to poverty alleviation has been to do what is possible to arrest these symptoms without including an approach that actually corrects what causes them.
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