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How much planning should take place in the perfect economy?
Submitted by Permaculture Re... on Thu, 12/31/2009 - 10:45
Everybody talks about decentralizing the role of the FED but how, and to what extent? |
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Thank you for all of your replies...however
I am left with only more questions!
1.) If government in regards to monetary policy was loosely based where power is delegated to counties and states, how do you prevent state and county officials from giving concessions to certain local companies in order to compete with adjacent counties who produce the same resources? This would only result in the same mal-practice as today’s national standards.
2.) Doesn’t a standard medium of exchange for every person within a community inhibit community banks from printing their own asset-backed receipts (local currencies)?
3.) If the general welfare (needs) of all communities were accounted for then would we need to delegate social services to local government? Or could communities sustain themselves without the need for such representation?
The role of a farmer, in Fukuoka's mind, is an observer, not an intervener, of the natural order in his/her particular landscape. How is that any different than Hayek in regards to Economics?
It would be better if the states were competitive
and you could truly vote with your feet.
However, in the long run you are correct -- if there is protectionism at the state-level people will petition the central gov't and the wheel will be re-created.
This is why I'm a Misesian and why I advocate Consumer-Minarchism; which can eventually lead to Consumer-Individualism (after a 20 - 50 year transition -- maybe longer).
The "transition" must have very specific gov't goals.
Consumer-Minarchism:
http://www.dailypaul.com/node/107887#comment-1179448
*&^ Constitution --- Constitutional Rationality
The only role the Fed should have.....
.....is easy.
NONE
After all, why would any of you want a dictator in control whom could have authority over your law enforcement, representatives, and very lives just by the type of currency they forced upon you at gunpoint?
The problem with the Federal Reserve System is that it exists to begin with - we gave up sovereignty by tying it all up in "centralized control" instead. It allowed wholesale corruption of many levels of government, because no one can resist money. And money inflated to infinity through fraud is the worst kind of Babylon....thus it goes to show that any system designed under these rules will ultimately turn into a total-tarian fascist mob rule society.
The very nature of our currency is OPPOSED to freedom. We took away our own freedom by instituting it to begin with. If we had wanted freedom, we would have started a free market NON-centralized government not run by banks. Now with the states able to decide their own currency, we can start over should it finally become law.
We should ultimately make sure the Federal Reserve is dismantled given the amount of drug activity we're uncovering, have the mafia seized and prosecuted by our terms....
We should then prosecute the politicians for war crimes quite harshly.
And ultimately we should break up the banks by taking away their centralization power, giving it back to legal tender laws. The banks which do not adapt well to the free market, will probably not be seen from again.
All the rest of the banks will flourish, that is they will flourish in a free market with freedom of currency.
I guess it depends on what role you see the gov't having..
...in the affairs of business and industry.
I may not know the truth, but I know when I'm being lied to...
None!
None!
-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!
Get Prepared!
The only planning a perfect
The only planning a perfect economy would need is a plan to enforce contracts, prosecute fraud and back the money with something of real value (so that the government is no longer able to simply print more whenever they want it).
...
NO CENTRAL PLANNING...
The economy runs on its own.
If I buy a car from you then THAT is the economy--NO GOVERNMENT NEEDED.
When you buy an orange then THAT is the economy--NO GOVERNMENT NEEDED.
When I go to work and my employer pays me for my time than THAT is the economy--NO GOVERNMENT NEEDED.
If you start a business then THAT is the economy--NO GOVERNMENT NEEDED.
All the government needs to do is enforce fraud laws and contracts that are agreed upon by 2 parties.
The government does not need to "RUN" the economy.
That kind of thinking is based on decades of poor education based on cirriculum put forth by the illegal Dep. of Education designed to dumb down the population to believe that MORE government is the answer to everything.
"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul
the word perfect is way to broad
and if it was perfect that means it can get no better, so why not use the word best? Heck according to the book of James (in the Bible) a perfect man is someone who controls his tongue.
Now if we are talking about the best economy there would be millions of individuals planning the best way to run their business, in other words most people would own their own business. The counties in the states would be the only ones allowed to tax (taxes being very important to the economy) and states tax the county government and the washington taxing the state government. Also states would have full control over their own harbors so the fed can not tax those either. So the best economy would be one where people can do their own business with very little interference from government and the only government interference would be their local government.
Also perfection in the broad sense you are talking about has close ties to utopia and that has close ties to communism.
Lots of planning!!
By individuals and firms, not the gov't!
Central planning always fails in the long run.
http://towneforcongress.com/economy/lecture-why-the-stimulus...
Jake Towne
2010 Candidate for US Congress, PA-15
Liberty, Sound Money, the Rule of Law, and Accountability
TowneForCongress.com
If you mean central planning…
…as in the state centrally planning the economy – the answer is NONE.
A perfect economy is certainly ambiguous and perfection is not realistic even if you could measure such a thing. I would hope that what we would want to have is an honest and free economy.
Since the “market” is really individuals participating in exchange – any restrictions on the market is a restriction on people.
Any government intervention causes distortions within the market’s signal mechanisms that participants rely upon for decisions.
The first distortion confuses some participants and others mistake the signals for market reality and act. This is bad enough however politically connected people have the opportunity to profit from the miscues when they have inside information not available to all participants.
One intervention, due to the above, will lead to a second. Then you have a reinforcing feedback loop that will perpetuate itself until something provides balancing feedback. In government economic planning this balancing feedback loop will be insolvency of some type.
Freedom cannot be achieved without honest money and free markets.
rn
Liberty = Responsibility
By "perfect economy" I'll assume you mean a truly "free-market"
In that society the planners are the Consumers (not the owners) -- the owners plan around consumer desire.
All consumer desires are productive and healthy in the medium to long-run. In the short-run perversions will creep up; but owing to the razor like effect of "opportunity costs" (when there's Zero Protectionism) people quickly correct moronic consumptive trends.
Your 2nd question, "how do we 'End the Fed'?" (paraphrased) is easy to answer.
Counter-Economics (or as Oldhickory called it, "economic non-compliance," the later philosophy was used successfully by Gandhian (he freed 380M people) not only from an evil gov't, but from a foreign occupier.
Counter-Economics
1) Begin to move toward 100% Localism (as much as possible)
2) Hire Under the Table (as much as possible)
3) Develop passive income streams and move towards working under-the-table (keep this private)
4) Buy Organic Local Produce and Organic Grass-Fed Free-Range Meats and Dairy (local if possible)
5) Become a DIY or keep a Handy Man around
6) Get your money out of Fed Banks and Wall Street
7) Stop Voting and Stop Lobbying
----We need "one" public educator (Ron Paul)
8) Home-School your Kids and help your Kids Home-School their Kids
9) Form C-E clubs (locally) and only ever talk about entrepreneurialism, passive income, and localism (never mention even once about "under-the-table"
10) Form online clubs where you are annonymous and spread the "full" message (everything plus "under-the-table")
11) Get rid of all your big ticket assets (rent and lease for the next 10 years)
----Without asset leverage they will not mess with you.
#11 would be scary for most, but if we got 20,000,000 practicing the above and after 500,000 it would grow exponentially and then be destroyed -- I'm referring to "their" (the bad guys) revenue stream.
We must destroy their revenue stream #1
We must also make the C-E model "viral" -- We must solve people's problems (work, wealth, DIY, and entertainment). The model must be formulated and "sticky" (addicting). You can't just have a philosophy; the "club and association" must be social enticing and economically profitable #2
*&^ Constitution --- Constitutional Rationality
6)
6) Get your money out of Fed Banks and Wall Street
Change your federal reserve notes into coins (from the us mint ... the us treasury). The shiny dollar coins work just like paper.
Move from a bank (fed regulated) to a credit union.
Each of us can take these two actions right now.
http://FlipFlopRomney.blogspot.com
With the exeption of point seven, that's a good list.
Rather than having just one "public educator" in the American congress, I want a bunch of principled truth tellers in every political assembly of every country. Its dobable!
Brit4Paul: Politicians are "welfarists" including Ron Paul
That's how they are paid, they have "tenure", they have budgets -- yadda yadda.
If we had 535 Ron Paul's then we'd have Anarchy (a free-market) because all the RP's would never spend and never regulate and never go to war.
The problem is people "vote" and "lobby" to gain advantages.
For you an RP candidate gives you the "notion" of increased liberty -- it doesn't actually, as our liberties have been stripped ever-more since as recently as 2007.
For other people RP candidates limit their "perceived liberty" and thus they campaign against your guy.
This is perpetual war and why we can ONLY have one guy.
Never in history has a people ever gained liberty from voting and lobbying -- Voting and Lobbying was created to perpetuate gov't. Because their will always be differences.
#7 is the 2nd most important concept in counter-economics.
*&^ Constitution --- Constitutional Rationality
vote local
Voting can get some great people elected at the local level.
http://FlipFlopRomney.blogspot.com
I still don't understand point seven.
Are you saying that Libertarians spend too much time and energy on the political process?
I know I don't.
There are currently zero honest politicans in the UK parliament. Most Brits treat politics like sports. Red team versus Blue team. Yellow team for eccentrics.
They don't take it remotely seriously. The anger and righteous indignation just isn't there...for now.
When it is...maybe we'll get our own "public educator" in parliament. Hopefully more than one.
Brit4Paul: Yes -- and #7 is the root of Liberty
Are you saying that Libertarians spend too much time and energy on the political process?
Voting is (by definition) either an abdication of self-rule (passing power) or stealing self-rule from others.
That's it -- It's always that way.
Voting is thus "perpetual war"
Lobbying is the purchasing of votes (see above definition of voting) -- We purchase the voting power of those who are in office or who want to get in office -- to ensure our form of abdication and theft wins out over others form of abdication and theft.
We "abdicate" because we take our consumer-consciousness (the "real" tool of free-markets to control corporations -- the "real" gov't is consumer-will) and we give that power to a politician who in-turn promises to get us "more freedom and rights"
Libertarians want 500 Ron Paul's, because so there will be hyper-minimum spending. Everyone who benefits from that spending (in their minds or in reality) must therefore "lose."
That's 97% of American which is why Libertarians only get 3% of the vote.
Obviously liberty can't be won simply by not voting or lobbying. That's why there are 10 or so primary tenents. Each reinforces the others.
*&^ Constitution --- Constitutional Rationality
This paragraph is interesting.
'We "abdicate" because we take our consumer-consciousness (the "real" tool of free-markets to control corporations -- the "real" gov't is consumer-will) and we give that power to a politician who in-turn promises to get us "more freedom and rights"'
I agree that the "real tool is consumer will". That's the part that typically gets left out of the history books. The most important part!
The Soviet Bloc collapsed due to "consumer will". The political superstructure shifted accordingly.
It worked for Gandhi as well (remember)? ;-)
Pow!
*&^ Constitution --- Constitutional Rationality
Who owns the resources that are being used?
That person is the "planner".
Do you mean central planning?
I'd hope that the people conducting business would have plans for their businesses and the business whcih they conduct, however, if you're referring to central planning the only acceptable answer ought to be none.
The Fed should be gone
Central Government planning does not work, will not work, and it is anti-thetical to freedom and peace.
Money should be a free market good like everything else.
As far as planning, free people should do that all the time :)
_________________________________
Freedom - Peace - Prosperity
ignore the Fed
I would be okay with the Fed staying around, having meetings, talking nonsense, etc. IF we were allowed to create competing currencies.
We could start using another currency and simply ignore the Fed. In effect, the market would work it out and the Fed's influence would dwindle.
http://FlipFlopRomney.blogspot.com