Lib â
It is my opinion that all countries should adopt a capitalistic model that better distributes the wealth by share ownership....whose shares are liquid and trade on an electronic stock exchange....
A man/woman builds a company....spends their life doing so...then they deserve shares....
A more appropriate capitalistic model would put all countries on the same page....
Yes, and no. While it would be great if everyone could participate in an âownershipâ society, the reality is that plenty of folks arenât intellectually/emotionally capable of handling it, and we certainly havenât prepared them for it through the educational institutions. So, even if they were magically allowed to have some sort of distribution which gave them an equity stake, they would probably be forced to liquidate for economic issues or would be swindled out of their stake by some shark. There is a reason why 2% controls 80% - although I think we all agree that the greed of the 2% is insatiable, and really doesnât improve their lives any. Perhaps 40% should control 80%, with the 2% controlling 20%. It is almost as if we have undergone some sort of Darwinian selection for financial survival of the fittest, with an âeconomic manâ (borrowed from Fukuyama) the product & thus âThe end of Historyâ.
One of the concerns that I have is that we seem to be spending greater and greater amounts of time adapting to this concept of âeconomic manâ where wealth accumulation is the be all and end all. While it certainly is a worthwhile and reasonable thing to do, what about the rest of western civilization? Are there no discoveries left to make, no philosophies left to explore, no polities left to develop? Is our society to become ossified and static, with no hope of upward mobility as the remaining .1% eventually legislates away (your beloved legal largesse) every opportunity to join their ranks? Seems like a grim future to me.
Our society in adapting to âeconomic manâ may spend less and less time in other productive activities as they are valued less by society (hedge fund pay vs. research scientist pay), and in the end, does this really make our society better? Yes, it is a utility question and a value judgment, but I think we would all prefer not to live in a place where there was no medical care simply because everyone was a financial planner. Reductio ad absurdum.
How would equity stakes in our current place prevent a return to Weimar era false economy where productive work ceased in favor of speculation? That, in my opinion, is to be avoided.
Limitdown â
TVA was another (so called Socialistic) model that has shaped the lives of the last 3 generations because of the bold (nationalistic) actions by the presidental authorities in behalf of the present and future of the American people, (Tenn Valley Authority)....
((for a short answer to the question of what was the TVA, and what did it do? see the documentary from your local PBS station (www.pbs.org), or search for it and get your copy)
Seems to me that there are many folks in that area who are not so enamored of the monopolistic and heavy-handed TVA which largely controls that area. Jobs were nice, but they came with a real price tag. Much of that area remains depressed. Not sure that the TVA is a good example of how government âworksâ.
It is my opinion that all countries should adopt a capitalistic model that better distributes the wealth by share ownership....whose shares are liquid and trade on an electronic stock exchange....
A man/woman builds a company....spends their life doing so...then they deserve shares....
A more appropriate capitalistic model would put all countries on the same page....
Yes, and no. While it would be great if everyone could participate in an âownershipâ society, the reality is that plenty of folks arenât intellectually/emotionally capable of handling it, and we certainly havenât prepared them for it through the educational institutions. So, even if they were magically allowed to have some sort of distribution which gave them an equity stake, they would probably be forced to liquidate for economic issues or would be swindled out of their stake by some shark. There is a reason why 2% controls 80% - although I think we all agree that the greed of the 2% is insatiable, and really doesnât improve their lives any. Perhaps 40% should control 80%, with the 2% controlling 20%. It is almost as if we have undergone some sort of Darwinian selection for financial survival of the fittest, with an âeconomic manâ (borrowed from Fukuyama) the product & thus âThe end of Historyâ.
One of the concerns that I have is that we seem to be spending greater and greater amounts of time adapting to this concept of âeconomic manâ where wealth accumulation is the be all and end all. While it certainly is a worthwhile and reasonable thing to do, what about the rest of western civilization? Are there no discoveries left to make, no philosophies left to explore, no polities left to develop? Is our society to become ossified and static, with no hope of upward mobility as the remaining .1% eventually legislates away (your beloved legal largesse) every opportunity to join their ranks? Seems like a grim future to me.
Our society in adapting to âeconomic manâ may spend less and less time in other productive activities as they are valued less by society (hedge fund pay vs. research scientist pay), and in the end, does this really make our society better? Yes, it is a utility question and a value judgment, but I think we would all prefer not to live in a place where there was no medical care simply because everyone was a financial planner. Reductio ad absurdum.
How would equity stakes in our current place prevent a return to Weimar era false economy where productive work ceased in favor of speculation? That, in my opinion, is to be avoided.
Limitdown â
TVA was another (so called Socialistic) model that has shaped the lives of the last 3 generations because of the bold (nationalistic) actions by the presidental authorities in behalf of the present and future of the American people, (Tenn Valley Authority)....
((for a short answer to the question of what was the TVA, and what did it do? see the documentary from your local PBS station (www.pbs.org), or search for it and get your copy)
Seems to me that there are many folks in that area who are not so enamored of the monopolistic and heavy-handed TVA which largely controls that area. Jobs were nice, but they came with a real price tag. Much of that area remains depressed. Not sure that the TVA is a good example of how government âworksâ.