What is Drain of Wealth?

[mtptl77]

The concept 'Drain of wealth' means exploitation of economic resources of a country by the colonial / imperial power. Drain of wealth was at random during the British colonial regime in India. Then the British colonial power syphoned India's natural resources, raw materials and paralysed the entire economy by way of taxation and other oppressive measures. India was turned into a market of British manufacturing goods. Dadabhai Nauroji the great early nationalist advanced the theory of 'Drain of wealth' in India by the British in 19th century.
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office chair | office chairs

[mtptl77]

By reducing the amount of wealth expropriated by the criminal sector (either by private criminals or by public criminals) and by increasing the amount of wealth that remains in the productive sector. Also important is that the Federal Reserve, the counterfeiting government agency which discourages savings and promotes wasteful immediate consumption, be abolished. Increased savings leads to increased capital which leads to increased wealth. However, with our current world low savings rate, we are going to be plummeting in the near future.

The best solution, of course, to the tax problem would be to abolish the IRS and replace it with nothing (not the revenue-neutral "Fair" Tax which would allow the government to continue stealing the same amount of money), which would mean that DC has to cut back to the level of big government we had 10 years ago.
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Ben 10 Games

[mtptl77]

The concept 'Drain of wealth' means exploitation of economic resources of a country by the colonial / imperial power. Drain of wealth was at random during the British colonial regime in India. Then the British colonial power syphoned India's natural resources, raw materials and paralysed the entire economy by way of taxation and other oppressive measures. India was turned into a market of British manufacturing goods. Dadabhai Nauroji the great early nationalist advanced the theory of 'Drain of wealth' in India by the British in 19th century.


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OrganicSEO|UKSEO[/ur]