Capitalism

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Capitalism is to capital as monarchism is to monarch.

Capital has a life cycle, much like seed stock. People called 'financiers' do the sowing and reaping, while another people called 'entrepreneurs' do the growing. Sometimes they are the same people. This cycle is called 'business' and requires feats of strength and courage on a daily basis.

A monarch also has a life cycle, starting from an egg, from which hatches a caterpillar, which pupates in something called a cocoon, from which emerges a monarch, which lays eggs, from which hatch...

Some have likened capitalism to a shit sandwich...the more bread you have, the less shit you have to eat...and vice versa.

Some believe capitalism is synonymous with freedom, the private sector, the good life, or all of the above.


Capitalism thrives on CooperativeDiversity. DogEatDogCompetition destroys value in the economy, as does VultureCapitalism. WE can choose to create new markets rather than fight over the full nitches. WE can choose to repurpose displaced market assets, instead of selling them for scrap. WE can reward value creation by not taxing it. WE can invest in creating FutureValue.


Capital is supposed to represent value. As long as it represents "real" value and you have enough of it, the system doesn't collapse.

The way we get capital today is we borrow money. Government issures bonds and notes. People and corporations go to the banks, their family or the loan skarks. The value of the loan is protected by collateral.

Generally is takes capital to create value. This is a catch 22, we can't create value greater than the value we already have.

Suppose WE think outside of the box.

Suppose Eisenhower could'nt raise the money for the interstate highway system. What if he used the value of the highway system itself as collateral for the loan? Afterall the highway system represents a real value that we can issue currency against. We avoid a public debt while increasing enterprise and creating real value==== what's not to like? ====

First, infusing money into a full employment market can be inflationary. If the market doesn't need stimulation we should not stimulate it, let it build the roads. On the other hand, in reccession, it is a Win win win situation to accept FutureValue as collateral in creating capital.

Second, FutureValue can be a risky investment. WE must have objective criteria for estimating FutureValue and risk. WE must be self-insured sufficiently to cover the risks.

'* question: where is this objective criteria? let's see it. if it doesn't exist, let's find out if we can find it.

'* Answer: Through the 70's, the interests rates that determine how much capital is available (see Capitalism) was determined by politicians. It was a total mess. without a gold standard, interests rates becaume a political issue, and an inflationary spiril resulted that lost half the value of the dollar. To stop the maddnes, the fereral reserve was made independent of the executive branch, instead of being accountable to the president, they becamme accountable to the objective criteria. What are they? They are the rates of unemployment, growth, inflation, and strength of the dollar on international markets. These are measurable which makes them objective. Objective criteria on future value means accountability. If we spend 20 billion and only generate a value of 10 billion, we screwed up and heads should roll, if they don't, the system of FutureValue financing will be a joke that could destroy the economy.

Measuring value is difficult. What value is the national park system created by the WPA that healped pull us out of the depresion? Many think it is the best investment WE ever made, others think is was a waste of money. Utility models can help settle the subjective issues, the majority uses and cherishes the national parks. The cost of creating that today would be monsterous, the replacement cost is another measure. The point of using objective criteria is that you always improve the models and test them. There is always ultimately subjectivity in value measurement, we make it as objective as we can by identifying the common principles we can agree to and applying those to identify our shared values, and finding ways to incorporate those values into measurable outcomes.

WE must be accountable for sound fiscal judgement without political bias.

We have seen past civilizations create fantastic value in a single generation unconstrained by what wealth they had previously. Why do WE have handcuffs on capitalism. Allow FutureValue to invest in itself in a new system of synernomics.

See DeclarationOfInterdependence, SolarCellFarms, UbiquitousPublicTransportation


Capital goods are earmarked for production, whereas consumer goods are earmarked for consumption. Ameican tax laws are very particular about there being no overlap between these two functions. There are tax consequences involved in converting assets from personal to business use, selling depreciated assets to consumers, conducting business where one resides and anything else anywhere near the iron-clad boundary between the personal and the commercial.

Presumably the National Income and Product Accounts (NIPA) tell how much wealth is consumed and how much is invested. Those who practice the wonderful avocation of garbage picking can identify a third path for goods.

Entremanure suggests cataloging wasted goods in what is termed a DumpsterDivulger. [1] I suggest taking it a step further by deriving business plans from such a database. For example, an InformationVolunteer entering a waste item with business uses into DumpsterDivulger might also list a few SIC codes particularly relevant to the item. This way at a later date someone could do a query against a SIC code and quite possibly find a list of equipment and supplies relevant to that industry, possibly sufficient to set up shop in some industries. Ideally, the DumpsterDivulger (as well as PubWan?) could be implemented in the public domain, which IMNSHO really hurting for tabulated information in general. Business plans in the public domain could be a logical next step, and a big step in the direction of TransParency. After that, perhaps open books (journals) of actual operating concerns. There are doubts as to whether informational cooperation can supplant competition in areas as strategic as business operations. Nevertheless, I figured a rough draft wouldn't be too malapropos here, as the culture here seems to focus a lot on BigQuestions, especially the type often borne of frustration with the obligatory rat race.


Take it Please, Trash Treasures, Giving and Geting, or Free Stuff network

Capitalizing on our trash makes perfect sence. We all love free stuff.

On the Trash Treasures Network you get points by giving stuff away. Your points give you dibs on getting stuff on your wish list as soon as it becomes available.

Since we will know what people want this site is easily supported by high payoff , unobtrusive, targeted advertizing on products snd services that WE think represent a good value.

Someone must be doing this, let's collaborate. Let's build web services to scale the network.

It can even be used for free rides providing a grass roots effort to actualize UbiquitousPublicTransportation.

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