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A Malaise Speech for the Current Time
#28
(05-31-2017, 07:07 PM)pbrower2a Wrote:
(04-07-2017, 09:53 AM)Kinser79 Wrote: I would argue that if your intention is to preserve the environment then you should want to limit deficit spending.  In short deficit spending is consuming resources now at the expense of future generations.  Therefore, the best method would be to limit federal revenues to primarily tariffs.  Which will also limit consumption by raising prices on imported goods, not to mention providing greater employment in manufacturing here.

We are going to see an economy much more based upon services and less upon the production of material goods. Food and fuels are the only physical commodities that one can expect to keep up in demand with a growing population.

Here's the model: figure that the growth in the economy will largely be in intellectual property. Sebastian J. Bach* is a musician and makes much music -- let us say fugues. Adam Ansel is a photographer and takes lots of photos of Yosemite. Sebastian J. Bach can't get enough of Adam Ansel's photos... and Adam Ansel loves Sebastian J Bach's fugues. Because they can't cheat each other by stealing intellectual property or cheat the tax authorities by bartering, they can pay in credits of some type, and the taxing authorities get their cut. But there are no physical copies.

Is wealth created when the creative exchanges happen? Yes.

*No, I do not refer to the original creative people...

Do you envision forms of bartering to come back into vogue especially as robots and other high tech consume more and more physical and mental jobs? And I wonder if now we have a chance to release old wounds, some probably going back as far as the last so-called malaise? For example, think of how many old wounds were released with the #MeToo movement and the comeuppance of Bill Cosby and Harvey Weinstein among others. Two very big fish were obviously fried here. Emotions run hot here for sure. And while we're at it, what do you feel the long-range outlook might be for movements such as #MeToo and Black Lives Matter? Will enough tap into the energy of the former movement to bring about the demise of the "boys will be boys" culture, and for the latter the permanent death of movements such as the KKK?
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RE: A Malaise Speech for the Current Time - by beechnut79 - 11-01-2018, 02:50 PM

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