- 04 Oct 2022 15:15
#15249580
*Expert* fence-sitting. Truly first-rate.
Here's the thing, though -- not all value in circulation is from *paychecks*. You *know* from your politics that rent payments to landlords (from either labor or capital) is not the same kind of money as *wages*.
Do *you* really think 'property rights' when you think 'wages', as you're emphasizing / linking, or are you being *disingenuous* with that association, while it's *private capital* that has interests in 'property rights', and *not* the wages of workers.
Property ownership is the *caste* social system in the U.S., and worldwide, and merely *re-tossing* the mixed public-sector-private-sector salad doesn't really *mean* much in the real-world context.
[2] G.U.T.S.U.C., Simplified
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And how is this description any different than what exists *today* -- the Fed -- ?
You're disingenuously trying to distance yourself from central banking, by veering off to a side issue, but in the past you've described a CCP-like central administration for the officialdom over official government all-encompassing land leasing. Presumably the same degree of centralization would apply to *currency* for the same as well.
How, then, would you 'valuate' (as into present-day *exchange-values*), for 'distributive justice' -- besides just land parcels, please.
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Truth To Power wrote:
IMO it's ironic that the USA, which was built on unrestricted immigration, is now largely anti-immigrant. As a general rule, I think borders should be open. People should be able to choose where they live. But in practice, a lot of countries are $#!=-holes (often at least in part because of US interference) that people want to escape to have a better life, and communities do have a right to keep out invaders.
*Expert* fence-sitting. Truly first-rate.
Truth To Power wrote:
It is self-evident justice that people have property rights in the fruits of their labor, as that is the reward commensurate with their contribution.
Here's the thing, though -- not all value in circulation is from *paychecks*. You *know* from your politics that rent payments to landlords (from either labor or capital) is not the same kind of money as *wages*.
Do *you* really think 'property rights' when you think 'wages', as you're emphasizing / linking, or are you being *disingenuous* with that association, while it's *private capital* that has interests in 'property rights', and *not* the wages of workers.
Property ownership is the *caste* social system in the U.S., and worldwide, and merely *re-tossing* the mixed public-sector-private-sector salad doesn't really *mean* much in the real-world context.
[2] G.U.T.S.U.C., Simplified
Spoiler: show
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Truth To Power wrote:
No. Central banking is associated with finance capitalism because of the debt money system, which I oppose. In a just monetary system, the function of the central bank would mainly be oversight, and the money supply would be managed by an independent Mint.
And how is this description any different than what exists *today* -- the Fed -- ?
You're disingenuously trying to distance yourself from central banking, by veering off to a side issue, but in the past you've described a CCP-like central administration for the officialdom over official government all-encompassing land leasing. Presumably the same degree of centralization would apply to *currency* for the same as well.
Truth To Power wrote:
The subject was distributive justice. Rights to life and liberty are only tangentially involved.
How, then, would you 'valuate' (as into present-day *exchange-values*), for 'distributive justice' -- besides just land parcels, please.
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ckaihatsu wrote:
Maybe the world needs a system of distribution based on human *need*, and not on the world-of-its-own *financial* valuations -- featuring market crashes, runs on the banks, public subsidizations, economic seizing-up, etc.
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