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View Full Version : Creating Wealth and Prosperity - Core Issues



Kaptain Nelag
03-01-2010, 02:08 PM
In science and engineering, naturally occurring phenemon can be reduced to 3 measurable variables. These are length, time and mass. In the economic world naturally occurring phenomenon can be summarized by two economic theorems. The first is The Dismal Theorem: Economics (and prosperity) is the distribution of limited resources to a population that has unlimited wants and needs. The second is The Ultra Dismal Theorem: Human growth and prosperity is limited by cruel, painful human suffering and starvation. (Kaptain Nelag Translation) How people deal with these theorems determines the creation of wealth and prosperity. This leads to various contrasting philosophical beliefs.

The society developed in North America has primarily been built on the belief that people must take responsibility for their own actions. During the dark ages, when television was first being developed in black and white, much different views were widely accepted than what are believed today. These beliefs were primarily based on religious teachings and expressed as such in the arts, music and entertainment. Rock-'n-roll, puppy love romance and corney humor were commonly expressed in music during the 1950's.

Major changes occurred during the 1960's. With the economic gains made during the previous decade, America ignored the stark reality of the Ultra Dismal Theorem and adapted the belief that people do not have to take responsibility for their own actions. This promoted what we know today as liberalism. The consequences of liberalism have resulted in massive problems in just about every aspect of human life. This posting will concentrate on the problems linked to creating wealth and prosperity.

Over the last two centuries The United States led the world in the industrial age and set America in a position to lead the world in creating prosperity. In the earlier years of our marriage, my wife and I made a reasonably good living by my working for a major industrial corporation. Good paying jobs with health care benefits were fairly easy to find in that era. In addition I was able to attend college and eventually earn a degree. In college, I was told that by the 21st century America would become a service based economy. At that time I had no idea what it meant.

Today, I see things differently. Some very troubling changes have happened to the economy. People are responding by pointing blame at each other. Republicans blame the Democrats. Democrats blame the Republicans. Sadly to say, they are both right. So, what is the solution? Ask any economist, and if he has his head pulled out of his backside, he will tell you the real solution is productivity. So what has happened to productivity? During the last half of the 20th century America has de-industrialized and become adicted to foreign manufacturing. To further complicate things, America has also become adicted to major sources of foreign energy sources, the thing that powers manufacturing.

Young couples, like Pro Me and Paisley have gotten cought up in an economic system that wasn't designed for todays conditions and they strike out in desperation to find solutions. The Ultra Dismal Theorem posses real damaging threats.

In future postings I'll try to outline what needs to be done to correct this troubling dillemma. These problems have been long in the making, and have no easy solutions. Politicians who seek to solve these problems face almost certain political suicide.

Carrot
03-01-2010, 04:39 PM
Tax imported raw materials by 10%.
Tax imported treated materials by 50%.
Tax imported completed products by 100%.
Tax all outgoing international calls by 10000%.

Decrease income tax at all levels.


Done.

Paisleyspeaker
03-01-2010, 08:30 PM
Very interesting Nelag,

Prome does feel like he is caught up in a system that just won't work.

I must disagree with one of your statements though. We were not the leader in industrialization, that was Germany and Japan. We were at the top of the heap during the over idealized 1950's was that we had pulverized the competition. That is something in our jingoism we don't often discuss. Germany's industrial base was amazing. And it has been for sometime , the unification of Germany had been feared since Napoleon for fear they would take over Europe.

Montanarchist
03-02-2010, 01:43 PM
America created it's prosperity thanks to:
1. A relatively free society with private property and a production-and-exchange mode of the distribution of resources.
2. Being large and far away from warfare.

That's really all there's to it.

We were not the leader in industrialization, that was Germany and Japan. We were at the top of the heap during the over idealized 1950's was that we had pulverized the competition.
Germany never had the capacity to compete with the US. Much smaller, much less people and constantly ravaged by war and Japan was developing country in the 1940s and 50s. The US was the leading industrialized nation in the world by 1880 already.