An AltKuznets 'Sub-Nation' Strategy to resolve the Immeserizing Impacts of Nominal Growth Economy
Prasad Rao, PhD Director Introduction One of the more significant issues in a Nominal Democracy is the nature of the ‘Compete Zero-sum’ it forces on both, the Real and the Nominal side of the Society. The Nominal Democracy, though incrementing of the Society, also forces Wealth-based divisions that exacerbate on account incessant Nominal inflation associated with economic expansions. Such inflation is destructive to the Placid LQ intents of Religion-Real members of society whose Incomes are less secure, and do not match the rise in prices of Essentials. Since the Nominal economy expands incessantly with Technological progress, such inflation could harm those ‘Religion-Real ZSed’ in the Society. The Labor-saving Technological automation further eviscerates Employment & Income opportunities. Over time and space, such extended & repeated disadvantage could dis-enfranchise large sections of the non-urban Population, leading to Revolt and Riots that cut in t...