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  1. #31
    Senior Member Lateralus's Avatar
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    Quote Originally Posted by Lark View Post
    All those programmes provide people with disposable income, or greater disposable income, which in theory means they can and will spend, increasing demand and circulating cash to small businesses, which are then both consumer and supplier of other businesses, right up to the pinnacle of business enterprise.

    So by that measure they work perfectly, they do what they are meant to do.
    Work perfectly? They are horribly inefficient programs that require massive bureaucracies to distribute that money. They are effectively make-work programs, not much different than the government paying someone to dig a hole and fill back in.

    Are you trying to argue that economically there is no difference between paying someone to produce an economic good or service and someone doing make-work?
    "We grow up thinking that beliefs are something to be proud of, but they're really nothing but opinions one refuses to reconsider. Beliefs are easy. The stronger your beliefs are, the less open you are to growth and wisdom, because "strength of belief" is only the intensity with which you resist questioning yourself. As soon as you are proud of a belief, as soon as you think it adds something to who you are, then you've made it a part of your ego."

  2. #32
    Oberon
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    One principle to remember: Whether you are acting in a public or private capacity, you will get more of what you subsidize.

    It's important that we not enable the behavior we wish to discourage.

  3. #33
    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by Lateralus View Post
    Work perfectly? They are horribly inefficient programs that require massive bureaucracies to distribute that money. They are effectively make-work programs, not much different than the government paying someone to dig a hole and fill back in.

    Are you trying to argue that economically there is no difference between paying someone to produce an economic good or service and someone doing make-work?
    I think that after a certain point in either development or becoming ascendent in the world system, the ranking/class of your nation, then you're population is in many ways surplus, the money still needs to circulate though, so pretty much the dig a hole and fill it in formula works.

    It is inefficient but what is the alternative? Mass unemployment and slow growth? How does that trumph inefficient bureaucracies?

    The gold standard capitalists who oppose public or even mixed economies are wedded to an entirely different world, one in which people where free holders and not employees, most of their paradigms are about as useful as 8-track tape - Wikipedia, the free encyclopedia when you need a USB data stick.

  4. #34
    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by oberon View Post
    One principle to remember: Whether you are acting in a public or private capacity, you will get more of what you subsidize.

    It's important that we not enable the behavior we wish to discourage.
    I dont understand the first part but I agree with the second, its intereting because that lingo is like that of another thread and I was thinking about the cross over just the other day.

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