My response to @ekklesiagora: Libertarian Social Democracy: Delegative Democracy, Land Value Tax, & Universal Basic Income

in #discussion7 years ago (edited)

The following is a response to a publication of @ekklesiagora. The publication that he did is quite complete and extensive, bear in mind that I have read it completely, I spent a good time reading, however, I do not agree with almost anything of it, more than with maybe one or two points, so I decided respond with this publication.

Here the publication of @ekklesiagora: https://steemit.com/georgism/@ekklesiagora/libertarian-social-democracy-delegative-democracy-land-value-tax-and-universal-basic-income

I refer to myself as a libertarian social democrat, by which I mean that my views combine elements of libertarian socialist and social democratic thought.

Since it makes clear its political position I will leave mine, I consider myself libertarian or minarchist, my thinking basically rests on what is described by Locke, Montesquieu, Rousseau, Adam Smith, Von Mises and Machiavelli, and although I have also read other authors, These are the ones that I think have influenced me the most.

I am not entirely an anarchist insofar as I do not think that absolute "free association" and consensus are either attainable or really desirable.

I also think that absolute free association is a utopian project for our times, however, I am not opposed to a model of free association at all, for that reason I consider it desirable, I do not understand why it suggests that free association would not be desirable of people, unless you consider that the use of force is positive.

I think that we ought to create assembly democracies in every municipality, small peoples' assemblies, and confederate them into a vast citizens' union in order to build consensus from the bottom-up and then serve as a "go-between" to bargain with the State on behalf of the people, and, if necessary, to force the State to do the will of the people. If the people can gain control of the State through such democratic institutions, then the State as such does not necessarily need to be replaced.

Well, let me tell you that I know this model very well, because in my country, Venezuela, it is implemented: we call it Community Councils:

https://en.wikipedia.org/wiki/Venezuelan_Communal_Councils

Here is another link to Wikipedia that, from what I see, only exists in Spanish, but you can easily translate it:

https://es.wikipedia.org/wiki/Comuna_(socialismo)#La_comuna_en_Venezuela

I know this model very well, because in my community we are organized by communal councils, in fact, at some point I had to participate in it, however, this system is really inefficient. Many people say that in Venezuela there was no real socialism, but they lie, although it is true that part of private property was kept here, the truth is that year after year private property is disappearing, and unlike other socialist countries here if has implemented communal models that really include people politically, private companies have been expropriated and in several cases they were handed directly to the people and workers, however, it has proved to be a very inefficient model, in addition to being subject to the hierarchical will of the State and the socialist party. And believe me the worst thing that can happen to a society is that people take control of the State, end up being worse and more tyrants than any other, because in the name of the people they end up with all the freedoms, they forget that they are people and they become bureaucrats with power. The socialist model does not fail because it is poorly implemented, but because it is well implemented.

Proudhon points out that fee-simple property arrangements under capitalism allow landlords and motgagees (banks) to legally steal what rightfully ought to belong to tenants or mortgagors/homeowners. Suppose a man gets a mortgage for 100,000 dollars, buys a piece of real estate with the loan, pays off 75,000 dollars of the loan, and builds an additional 50,000 dollar structure on the property. After having paid off 75% of the loan, the homeowner loses his job because the economy is going through a recession and cannot find new employment in a timely fashion. This causes him to default on the loan. The bank then forecloses on the property and takes his home. The bank still has the 75,000 in payments that he's made, but now has the property too, which contains an additional 50,000-dollar structure contributed entirely by the mortgagor, along with the rest of the property which originally was worth 100,000 dollars.

What do you think about the person who asks for a mortgage from the bank, buys a house with less capital than he owns and then sells it for a higher price and earns a lot of money by leveraging his capital? The loan is a tool, it is not bad in itself, the administration that gives the person is the problem. If you put it to good use, it will be fine, if the use is negative, it will be bad for you. By the way, I also criticize the bankers, but not for the same reason as you, do not believe that I defend the rich for free.

This is just legalized theft―theft that would not be possible apart from the artificial rules and regulations created by our society.

Where is the theft in this? You talk as if the person signing a contract was not aware that you have to comply, if you do your part of the deal, nobody should take anything from you, is not it also a theft to use the bank's money and not pay? The real robbery as I said does not consist in this point, but in another, since the bankers do not really lend their money, but I will not deal with that issue here, because that was not their argument.

he didn't wish to take the land away from the private owners. Instead, we should collect a "land value tax," which can also be looked at as a ground-rent owed to the community for the private use of communal land.

oh great solution, taxes, taxes and more taxes, as we could not have seen, has always been the solution. If you want, you can review my most recent publication:

https://steemit.com/politics/@vieira/big-government-big-problem

The principle that emerged was this: "From each according to their ability: to each according to their need."

Oh, my God! but you are the father of the socialists, here in Venezuela you would be called Chavista, break the principle of equality before the law, break freedom, to meet the needs of people.
I leave you a couple of publications that I did a few days ago about this:

https://steemit.com/politics/@vieira/old-rights-vs-new-rights
https://steemit.com/politics/@vieira/the-problem-of-the-welfare-state

The simplest and easiest way to go about achieving this goal seems to me to be to collect ground-rent for use of land (land value tax) and divide the revenue up evenly as a social dividend, in order to ensure that everyone has an equal share of social wealth.

The only thing you will achieve with this is to increase the money supply, and end up harming the people more, giving a universal income will increase the cost of the labor factor, and anyway the problem would remain the same.

The simple solution is to give poor people money. If everyone gets an equal share of social wealth, poverty is abolished with one stroke. Although the communist anarchists were not proponents of such an approach as this, I am convinced that this approach really is the surest and most realistic way of achieving their economic goals.

Is it really what you propose? is exactly the socialism of the 21st century, is the redistribution of wealth and nothing else, in my country exactly this was done, but let me tell you that it is very negative, it works until the money to redistribute is finished, because it creates a parasitic culture that it ends up depending on the subsidy, people become unproductive, and then there is no one who can fix this problem. Currently, all kinds of subsidies are still being delivered, only that they no longer represent any welfare, because the country is bankrupt.

People need to be free to make their own political decisions, through participatory democracy. If decisions are made by rulers apart from, and above, the people, there is no liberty. Self-government is a necessary condition for liberty.

Yes, the government of my country says that there is also participatory democracy here, I do not think so, in fact, maybe only in Switzerland, which I think is as far away from the model as you describe, is where you can find a participatory democracy, where in fact, the same people voted to prevent them from imposing a universal basic income, which you want to impose.

We are free to leave our jobs and seek employment elsewhere, but most of us are living paycheck-to-paycheck and don't really have the liberty to just walk out.

Look, I lived paycheck-to-paycheck as you say, until one day I quit my job and decided to invest in cryptocurrency, right now they call me all the time because they want me to return to the company, PDVSA, the most important in the country, as well as they offer me multiple jobs, however, I am giving myself the luxury of rejecting them, and I was able to achieve that without any union help, because I have not joined any union, I only went to the company and worked, now that I left they appreciate my work. Obviously if it is an incompetent worker, someone who does not contribute anything, or is easily replaceable, yes it will go wrong, and I can not do anything for him.

If a woman is guaranteed a certain basic income, then she can always afford to leave an abusive partner. It will never be the money that keeps her in an abusive relationship.

False, I'll give you the example of my country, where a direct subsidy is given to mothers and women, among many others, a while ago it meant a desirable amount of money, but today it's nothing because the country is bankrupt, nevertheless, the government has renewed the form in which it will give such subsidy through the "Carnet de la Patria", which is a kind of census, where people are registered, I did not register because I am an opponent and I refuse to participate and receive direct subsidies, and thus receive money from the government. Besides, not all women go out with abusive men because they do not have money, that is more linked to a psychological situation than to an economic one.

he also points out that the market can never be truly democratic if there is a disparity of wealth. Inequality renders the democracy of the marketplace null.

No, market democracy has its points in favor, because if you satisfy social needs, you will be rewarded with more money, which will end up granting more power to your vote. The modern wealth of many billionaires, therefore, inequality, is generated by mercantilism or "Crony Capitalism", that is, something totally contrary to the principles of the free market and laissez faire.

The wealthy will dominate the marketplace and "outvote" the poor. The wealthy can prop up businesses that are really unpopular, and they can even use their wealth to destroy better options.

A company like Walmart can move into a small town and undercut the competition due to the ridiculous amount of money available to them. They can sell all of their produce really cheap, below cost, for a while, until they put the local grocery stores out of business.

If a company like Waltmart or any other company does that, it would have to pay with the costs, that is, produce at a loss for a long time, and it could not maintain this monopolistic tactic for a long time. Monopolies are based on government legislation, high taxes, protectionist practices, whimsical health legislation, and special subsidies.

Just as this taxation and redistribution lays the foundation for a truly democratic marketplace, it would lay the foundation for a truly democratic political system. Wealthy people can buy politicians. Poor people can't.

A million dollars has more weight than a million votes. The wealthy can buy politicians, but poor people can't. The money of the rich and powerful counteracts the votes of the people.

The problem is not that the poor can not buy votes, the problem is that there is a power that can be bought, the problem is that there is a power capable of compelling people, and that this in turn, ends up being bought. And in that I agree, we must eliminate public corruption, how? Limiting the power of the State.

we create an environment in which no one can simply buy politicians. Wealth is power.

Power is force, and violence, at some point faith or religion was power, look at what can be done by people with such radical religious beliefs, in many cases it overcomes the desire for money, money is power, because we give it value to money, in short, the power resides in the coercive force, in this case the State. Personally, I see that in the United States they want to take away the weapons from people, what they do not know, is that it would be fatal, because it would be to give all the power to the State, which will then be corrupted, either by psychopathic politicians, or by corrupt businessmen.

Without the infrastructure provided by government, subsidies provided by government, and the rules and regulations created by the State that allow capitalistic corporations to exist, there would be no such thing as a "corporation." Corporations ought to, therefore, be regarded as the product of society and the State. Consequently, it would make since to say that all corporations are at least partially public property.

Again you fall in the same, the government of my country would be happy to hire you, because you think the same way they do, that's how almost all the companies in the country were expropriated, becoming state property or mixed ownership, the result was the drop in production, and the shortage of basic inputs. The government and the people do not have the power to carry out the economic calculation efficiently, you should know if you read Von Mises as you says.

In 2008, GM got a 13.4 billion dollar bailout, funded by the tax-payers. In my opinion, the American people as a whole ought to now own 13.4 billion dollars worth of shares in GM. Take the banks that were bailed out, give the American people a share of ownership equivalent to the bailout. Every company that takes a government subsidy, give the people a share of ownership equivalent to the subsidy.

He is right, private losses should not be socialized, that is the problem, there should never have been a rescue. I have to put back the example of my country, because what you describe seems exactly the same
to what happens here, here the banks were rescued and then they made a capital flight, they stole the money, later the Socialism came to the country, and the banks they were expropriated by the government, now the entire banking network does not work. I do not defend the bankers, but I think that in the first place, they should never have been rescued.

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you definitely took a great time to respond in length but in my view the ultimate social model is voluntaryism.

blogs like this one should be trending... everywhere on the net

I am too surprised that my blogs do not get more views, but maybe reality is too harsh for many

Oh thanks! I think the biggest problem here in Steemit is making yourself look, if you get people to see your content it will be better for you. For that you have to increase Steem Power and gain followers. Thank you so much!

It's nice to have someone on the ground in Venezuela who can post an insider's opinion. For balance, I would love to hear the opinions of the other segment of Venezuelan society: those who do not have access to computers or the Internet, but that is highly unlikely.

Both you and @ekklesiagora are obviously well versed in Western economic philosophy. I truly admire your intellect and your ability to sift through the philosophical chaff to find kernels of truth. I also admire your eclectic views on monetary policy that are a chimera of both the left and the right wings of economics.

The nuts and bolts of economics have never interested me so your posts and comments fly a very long ways over my head. While I love to read science fiction, I hate science fantasy. To me, money fits into latter category. It's something based solely on the imagination and governed by psychology, which is projected by subconsciousness. I realize that economic theory is a huge gap in my knowledge and if you don't feel like addressing my concerns because of my apparent ignorance, I understand. On the other hand, perhaps you might enjoy the views of a lay person.

While monetary policy does not interest me in the slightest, personal freedom does. All of your posturing here relate to statist integration. There is no talk of disintegrating the state at all, only trying to regulate it from the bottom up.

It's true that statist communism doesn't work. With the exception of Cuba, that experiment has pretty much failed.

Communism at the family, tribal and community levels does work, however. It's when you impose a structural hierarchy, ie. the State, above that to regulate groups of communities that the troubles begin. That's because hierarchical structures always attract psychopaths who seek to control others. As such, any administrative bureaucracy will, in time, become corrupt. These structures and their psychopathic captains, are all about control and always lead to restrictions of freedom. Taxation, redistribution, corporatations, even condominium associations that enforce CC&Rs all lead to more freedom to control for administrators and less freedom to act for their charges.

I've had many discussions with people about discrimination. It is now illegal to discriminate because of race, religion, national origin, sexual preference, etc., but it's still okay to discriminate economically. This discrimination is the essence of Capitalism.

This always gets the ya-buts going. Nobody, and I mean nobody thinks it's a valid argument.

Why does a rich person get to live in a big house while a broke person have to live on the street? Why is a person with money allowed to eat filet mignon in a fancy restaurant while a poor person has to eat spam from the can? If it's wrong to make a black person drink from a "blacks only" drinking fountain, why isn't it wrong for rich people to drive BMWs while a poor person must walk? Why does someone feel that just because they work 60 hours a week, they're entitled to more economic privilege than someone who chooses to sit on the beach and enjoy the sunset? Statist communism was supposed to remedy this, but of course, the hierarchical structure attracted psychopaths who ultimately elevated their own status at the expense of everyone else. You don't have to answer this because I know you probably don't get it either.

As for basic income, I'm over 65 and so I do have a basic income to help me get by. And it really, really makes a difference for me. At 62 my net worth got down to a single dime in my pocket. I went out and collected beer cans along the side of the road and increased my net worth one hundred fold in just a few hours. Now I get Social Security and don't have to suffer like that any longer. It isn't much, but it does feed, clothe and house me (thanks to the help of loving friends and family). I still have to work, but I now have a cushion. I'm getting back some of that money the government stole from me when I was younger.

The funny thing is that if there were no permanent political structures above the community level, I believe that there would be no need for a basic income. People within the community would care for the less fortunate by employing them or through simple charity. It's basic human nature. That is how human groups have survived for tens of thousands of years. We don't need all the monetary complexity you discuss here. The complex hierarchy of county, state, national and the looming threat of one world government is a psychopath's wet dream and totally unnecessary.

Finally, if robots did all the work then there would be no need for vast numbers of humans to work. Face it. Slavery didn't end until the industrial revolution made slaves unnecessary; it then morphed into wage slavery. With most people not needed to sustain the superstructure of a complex society, why wouldn't those who control the robots get rid of all those useless eaters?

Respectfully, somewhere somebody forgot the KISS dictum. Keep It Simple, Stupid!

In Venezuela the internet is the cheapest in the world, since it is controlled by a state monopoly, consequently we have the slowest internet in the world. Almost all the population has access to the Internet, some more than others, but in general, almost all of us have. Do not assume that I am privileged, because I am not, I belong to 80% of the population of Venezuela living in poverty today. The problem you will find is that the rest of the people will not communicate in English. The minimum wage in Venezuela today is 5 dollars for month, mainly for putting into practice those ideas of wealth distribution, for a time, everything went well, now no longer, only poverty remains.

Thank you very much for the recognition you do, but the truth is that I am not the most well versed in the matter, I simply argue based on what I have been able to find in the books, my ideas, of originals have very little.

I do not believe that money is a scientific fantasy, I believe it is a tool of exchange, and that is the value that I give it, neither more nor less, a simple instrument of exchange.

The post I make a response to the colleague @ekklesiagora, who aims to regulate the state from the bottom up, my opinion is to disappear as much as possible. Unlike you, I do not think anything has worked in Cuba, I have relatives who have gone to Cuba, and I have met many Cubans, the positive things that Cuba has are a myth, really Cuba is a parasitic government, that lived first of the Soviet Union and then my country.

Why does a rich person get to live in a big house while a broke person have to live on the street? Why is a person with money allowed to eat filet mignon in a fancy restaurant while a poor person has to eat spam from the can? If it's wrong to make a black person drink from a "blacks only" drinking fountain, why isn't it wrong for rich people to drive BMWs while a poor person must walk? Why does someone feel that just because they work 60 hours a week, they're entitled to more economic privilege than someone who chooses to sit on the beach and enjoy the sunset?

Is it really what it raises? The natural state of things is scarcity, it is necessary that people work to create wealth. Before people had to be utosuficiente and produce what they needed to meet their needs, look at the case of the Eskimos, then the division of labor was implemented, each person is engaged in a particular activity in such a way that by doing this, we are much more productive, to be more productive is generated more wealth, if more wealth is generated the costs go down, because the materials are no longer scarce but they abound, which allows it to be accessible to people. They simply have to produce enough to live better. A person can not simply sit on the beach and hope that people who do work end up feeding him with the wealth that his work produces. The work of course is not simply take a shovel, but there are many types of work, some are intellectual, others simply have a greater degree of responsibility, among others, for that reason are remunerated in different ways.

The funny thing is that if there were no permanent political structures above the community level, I believe that there would be no need for a basic income. People within the community would care for the less fortunate by employing them or through simple charity. It's basic human nature. That is how human groups have survived for tens of thousands of years. We don't need all the monetary complexity you discuss here.

In fact, charity or private aid is always more efficient and natural than the help of the State, I do not oppose that at all, the problem is when a person is obliged to help others, the help must be done within a framework of personal freedom Now, I'm not going to presuppose how you got to that situation, but I'm still young, and I'm doing my best to forge a path to not depend on anything when I get to my old age, obviously not all do, but does not mean that It can not be done. The system of social security or pensioners ends up being very inefficient, the damages are indirect and very difficult to describe here, but in practice, what it means is that the people who produce carry on their shoulders those who do not. For me it is improbable the comparison that makes with respect to discrimination. You say that the monetary discussion that we have here, has no basis, I think that what separates the other tribal societies in correlation to ours, is mainly that ours is much more advanced in this sense, because it is capable of generating more wealth , and this mainly because it addressed these issues. For something Europe ended up conquering the world, why not just another civilization?

To finish, I think that we are getting farther and farther away from nature, which makes us more dependent. Recently the water service was suspended to my whole community, by the way, here we pay cents of dollars per month for such service, so there is never enough money to make maintenance to the infrastructure. When this happened, you could see the people of the community going through a lot of work, there was no water to bathe, people had to buy drinking water to wash the dishes and bathe, in turn the money was not enough to maintain that routine, that between many other problems, such as washing clothes, among others, that issue was maintained for approximately 2 months, in a whole state, 4,369 km² without water service. In your developed countries you are not used to seeing this kind of thing, but when the conventional system does not work, people realize how dependent they are on this materialism. If a highly advanced system is implemented, it is possible that we will reach a point where we will depend totally on it.

Thanks for your comment, I really appreciate it.

I pretty much agree with you.
good luck down there...it sounds like you need it.

Thank you...

I’m not going to do a comprehensive response, simply because I don’t have the time and energy for it at the moment. If I were to do so, I would probably end up having to write something at least three times the length of your post. I think most of your critique is really responding to a strawman based on a misunderstanding of my views, rather than really addressing my own position. Instead of a comprehensive response, I will just offer a few comments.

What I advocate is NOT like Venezuela. As far as citizen’s assemblies, I’m not talking about formal councils. I’m talking about something more akin to a protest movement like Occupy Wall Street, but maybe mixed with something more formal like what the Democratic Federation of Northern Syria has in Rojava, something very anarchistic and non-State. I'm talking about bottom-up citizen assemblies raised in direct opposition to the State! Also, I really like Switzerland. So, my vision is really more like a republican social democracy (imagine Norway and Switzerland together) with an anarchist confederation like Rojava existing within and alongside the State. So, this would not be like Venezuela, but more like Norway+Switzerland+Rojava. Quite different, in my opinion. I am not into council communism and Marxism really, which is more like Venezuela’s model. I am more into the Nordic Model of social democracy (Sweden, Denmark, Iceland, Norway, Finland), which is quite different. These countries have the highest level of economic freedom, human happiness, etc. I like the State-owned oil industry in Norway; it works well, and most Norwegians totally love it. At the same time, I don’t advocate government-management of industry, nor the abolition of markets, which is where the “calculation problem” comes in. Instead, I’d be fine with leaving management basically as it is, or maybe going to worker-managed co-operative models, but not State-management. My model really just says, take a certain percentage of the profits and redistribute them. As far as the calculation problem and such, I think you have a really different perspective from my own mostly because you only look at one side of the debate. I’ve read Ludwig von Mises and F.A. Hayek, but I’ve also read John Maynard Keynes, Oskar Lange, Abba Lerner, Amartya Sen, etc. I’ve read both ends of the debates on government spending and taxation and calculation under socialism. Honestly, I think both sides were right on some points and also both sides were wrong on some points. I started out as a hardcore Austrian School nerd, even got into Rothbard and “anarcho-capitalism,” but I always tend to read both sides of an argument when I can, which caused my views to change a lot.

Also, you mention that Switzerland voted to not "impose" a universal basic income. For the record, the government was never considering "imposing" it. The people organized a movement and got enough signatures on a petition in order to get a referendum to vote directly on the issue. So, if the basic income had been passed, it would have been passed directly by the people AGAINST THE WILL OF THE POLITICIANS.

Also, universal basic income funded by land value tax would not cause inflation or an increase in the money supply. I’m not advocating printing the money for it. Also, it might be interesting to note that Milton Friedman, F.A. Hayek, and Thomas Paine all supported land value tax and universal basic income. Also, Adam Smith and Albert J. Nock were land value tax advocates.

As for the person that gets a loan and makes a good investment and there is no foreclosure, I'm morally opposed to that too. As I've said, land value increases due to population increase, development, and societal progress, not usually the labor of land-owners. And I think people are only entitled to the product of their own labor, so land-speculation is a problem in my estimation...one that would be solved by a land value tax, just like the mortgage/foreclosure problem is solved by the land value tax. Also, I'd say that I started as an Austrian, but then read Keyne's "Tract on Monetary Reform." I'd recommend that. Also, I'd recommend David Graeber's "Debt: The First 5,000 Years"...these books convinced me that the Austrian School is wrong on money and banking. (The Austrians are right about artificially low interest rates encouraging malinvestment, but they are wrong about the origin and nature of money, etc.)

Also, it might be interesting to note that Milton Friedman, F.A. Hayek, and Thomas Paine all supported land value tax and universal basic income. Also, Adam Smith and Albert J. Nock were land value tax advocates.

They all knew that capitalism would fail because it only works on paper...

A money/currency free system is all what is left trying

Capitalism certainly does work. Keynesian and capitalist social democratic policies even make it possible to sustain capitalism indefinitely. It works, just not necessarily to the benefit of everyone. There will be winners and losers. If you use a mixture of Monetarist/Keynesian and maybe Ordoliberal economic policies, it's certainly possible to totally eliminate recessions. You create jobs guarantee programs and a basic safety net welfare system, alongside minimum wage laws and working condition standards, you can prevent the immiseration of the proletariat and prevent the working class from becoming so impoverished that they rebel. So, basically, capitalism can and does work, maybe not perfectly or efficiently, but it works. I would argue that capitalism works, but it should still be abolished because it is unethical and is predicated on theft and exploitation. I don't see a moneyless system as a good alternative. Don't get me wrong, I've read a lot of communist theory (including Marx, Engels, Kropotkin, Berkman, Bookchin, Otto Neurath, etc.) and I actually like communist analysis, generally speaking...and I even wrote something about Blockchain Communism at one point, explaining how communism might actually be feasible at some point in the future in light of new technology.
https://steemit.com/communism/@ekklesiagora/blockchain-communism
Nevertheless, I don't think full communism is really the best option, or even necessary to achieve the goals that communism aims at. I really think land value tax and basic income can better achieve the sort of classless, egalitarian society that communists envision.

I do not agree, for the very reason that what will only work is an zero sum game economics. Hoarding money is the core of the problem. Money must always circulate and not be hoarded for economics to work for a greater good. Hoarding is power and always lead to fascism. But then if the zero sum game is accepted as a premise, who needs money? Drop by my website if you feel like it. Best

I am much more pleased with this response you have given me, keep in mind that here you no longer sound like an ultra-socialist, and here you raise more conservative points, I will gladly read, in whatever time I have, the books you have recommended to me, I also consider in part that the Austrian school is wrong with the banking issue. The tax on the value of land is reasonable, the problem that I consider about this is the redistribution that it proposes to do with it. Like you, I support similar systems to the Nordic countries like Norway and other models such as Switzerland. But ultimately I am against the welfare state, subsidies and regulations to the economy and free association. I think that after this answer from you, we can get to understand each other better, because with what you described in your publication, I disagree, with many points.

Here's something to consider, rightwing economists like Milton Friedman and F.A. Hayek supported universal basic income precisely because they opposed the welfare State. A basic income allows you to scale back bureaucracy and regulation. If you have a basic income, you can get rid of programs like food stamps in America, Unemployment Insurance, as well as most other welfare programs...everyone gets a basic income to cover the essentials, so no one needs additional subsidies. Also, if everyone gets a basic income, then everyone can afford to quit their job if they aren't paid well enough or if the working conditions are dangerous. So, you can also get rid of all sorts of regulations: no need for minimum wage laws, OSHA, etc. (You'll have to excuse my America-centric terminology. I know other countries have OSHA equivalents, but don't know what they're called.) Also, suddenly, unions aren't necessary either. (Even if unions aren't government controlled in any way, they still are monstrously bureaucratic...and basic income makes them totally unnecessary.) And land value tax is the form of taxation that has the least market-distorting side-effects. Income tax and virtually all other taxes are really terrible in the way they totally distort markets. So, embracing land value tax and basic income actually allows you to get back to something more like the classical liberal ideal of a laissez-faire free market. That's why historically more rightwing economists supported land value tax and basic income than people on the left. Also, once you implement land value tax and universal basic income, extreme leftists like Marxists, Leninists, Maoists, and power-hungry union organizers lose all their power. Their rhetoric loses all of its appeal. I mean, in a society with land value tax and basic income, nobody is going to buy into Marxist propaganda...I mean, someone will say "wage-slavery, inequality, and exploitation," and the masses will respond, "what slavery? what inequality? what exploitation?" No one will ever fall for leftwing fascist propaganda again, but they also won't fall for rightwing fascist propaganda because there won't be that "us vs. them mentality" and demonization of the other. Land value tax and basic income will foster solidarity and make for a more stable society.

With that I totally agree, but on what is sustained that people should receive a subsidy or redistribution? I understand the concept of land tax, but simply as a way to sustain the basic costs of the State. Anyway, I think that if people are paid for doing nothing, they end up doing nothing, there is a cost-benefit relationship, which will end up increasing the cost of necessary and unwanted tasks, thus distorting the market. Look, in my case in particular, in Venezuela, there is no work that I can offer and that I could accept, I have been offered a job in a public relations company, in the mayor's office, in PDVSA, which is the oil company of the country, as well as in others, however, for me there is no incentive to do that, because I earn more money with the profitability that I get through the cryptocurrency market, doing nothing, just keeping my capital. For me to decide to do formal work, they must pay me more than I can earn right now, and much more, because I also have a lot of comfort. So, if you give universal support, many people get used to living from it, and then they probably will not want to work, unless they increase the benefit they will receive for doing that. Obviously the distortion would be less than the current model, that basic universal support would be preferable, than the current model of welfare state, bureaucratic, inefficient and corrupt, but even so, I do not like the idea of ​​the subsidy, although it may be a lesser evil, in correlation to the current disaster. In fact, almost all the money with which redistribution is maintained in Venezuela, is born mainly from oil income, that is, all the economic activities in the country, can only work because they are maintained through the oil rent, I am currently writing a quite long publication that I will have to divide, which deals with how progressively socialism and rentism ruined the country, we went from having an efficient and productive industry, to an economy dependent on the rent.

There actually have been many basic income pilot programs, and giving people free money actually doesn’t cause them to stop working usually. Also, consider the fact that wealthy people already have a basic income, basically. I mean, someone born into a rich family with a lot of money or land will earn income from investments or rental property and never have to do any real labor their whole lives. The geniuses of history, the great artists and poets and philosophers, all basically lived off of a basic income, somebody else paying their way in life. Perhaps the guy that works digging ditches all day would sit around and think up a cure for cancer if he had more free time to pursue an education and relax/think…? I mean, Gregor Mendel was able to just philosophize, observe, and study all the time because he was a monk; the church paid for his food, shelter, etc. He didn’t stop working; just changed the nature of his work. And, from what it sounds like, you are living off basic income yourself…basic income from the cryptocurrency market. I for one, wouldn’t stop working if I had a basic income. I’d actually work much more. I enjoy doing charitable work, serving the community. I’d like to just collect excess food and feed the homeless and work on social projects that help out the community all the time, but I end up having to work for wages in a lousy job instead. I end up doing less work, and far less beneficial work, simply because I have to work for wages to survive. If I had a basic income, I’d be doing a hell of a lot more charity work and I’d be going back to school and getting better educated…I’d be studying programming or chemistry or biology and looking into research or start-up projects that advance humanity. And I think most people would still work if we had a basic income, just a lot of people would be working for free. I mean, I’d volunteer most of my time if I could. Also, I’d love to teach free self-defense classes…and that’s the kind of thing I’d probably end up doing eventually if I had a basic income.

As far as basic income is concerned, you might benefit from listening to (or reading) Guy Standing. He’s an economist that focuses primarily on basic income pilots and basic income in general.

Also, if people stop working unless you pay them more, that's good too. It just encourages capitalists and corporations to automate more things. I mean, we've got self-driving cars on the streets of America now...the whole trucking industry will be replaced by self-driving vehicles in the near future here...cabs and Uber will be replaced by self-driving cars too...Uber's already looking into it. We've got AI doing legal work, replacing lawyers with computer programs. Probably 75% of the jobs in the organization where I work could be automated easily. Automation is coming, basic income might just speed it up, which would be a good thing. But automation is coming anyway, and automation will lead to more unemployment, which will make basic income necessary.

As society progresses, we're gonna see more and more automation. We've got freaking robots taking the place of meter cops and security guards. We've got self-driving vehicles replacing trucks. We've got automated drones delivering mail and packages. A futurist utopia is knocking on our doors. We've got blockchain technology that is gonna change the world. China just successfully pulled off quantum teleportation betwen earth and a satallite (which isn't really teleportation by the way, but really just a way of instantly transferring data between any two points), which basically means quantum computing is right around the corner. I mean, the singularity is coming. Automation is going to continue, and there will be less need for workers. Self-driving vehicles are getting ready to eliminate the biggest job market for middle-class Americans. We'll eventually have robots that fix automated vehicles, and robots that fix other robots, and computer programs that write computer programs. Human labor will be obsolete. I look forward to the abolition of work. But, as automation continues, unemployment will increase. Most of the jobs in my industry (accounting, data entry) can easily be automated too. Most American jobs could be automated and done cheaper. Automation will cause mass unemployment. The jobs are going away, and they won't ever come back. So, you can either let the masses starve and die off and let the capitalists hoard all the wealth from land and automation, or you can take some share of the wealth, redistribute it, and give everyone a basic income.

Perhaps the guy that works digging ditches all day would sit around and think up a cure for cancer if he had more free time to pursue an education and relax/think…?

And who will dig the ditches? It is still necessary for people to do unpleasant tasks, and although it sounds very good what you say about technology, I think there is still time to get there, in fact, I think this generation of people is not mentally prepared to accept such change. On the other hand, I think that living on a basic income works, when everyone does not have to live on it. Who will pay that income? In itself, there is no basis for that. If we take the situation to a hypothetical scenario in which nobody wants to work and create wealth, how would the State guarantee the right to a basic income?

"If we abolish slavery, who will pick the crops?" Well, they'll build machines to do that. "Oh, that's really unlikely." 50 years later, big machines harvesting all the crops and trains and trucks to haul it to market.

But realistically, somebody will still do that work, but you'll have to pay them more. You just gotta pay people more to do the work.

"Who will pay that income?" Well, people who monopolize land/resources for private gain and who accumulate unearned income without contributing labor. Shitbags like Donald Trump and Robert Mercer make hundreds of millions of dollars a year and net worths in the billions, but never did an honest day's labor or produced anything of value. Companies like Boeing got net sales in hundreds of billions of dollars per year range, but nearly all of their R&D is completely funded with U.S. tax-payer money, so I think their profits should be redistributed. GM got over 10 billion dollars of U.S. tax-payer money. The link below is a list of every company the U.S. bailed out with tax-payer money. In my opinion, the tax-payers as a whole should own shares in each company equivalent to the amount that went to each in bailout money, and the dividend on those shares would go a long way towards funding a basic income.
https://projects.propublica.org/bailout/list

You ended up accepting that the universal basic income ends up increasing the cost of work factor as I had told you. Now, yes it is true that many entrepreneurs are true parasites, it is also true that you can not say that all are. There is a merit in leading a business and bring it to success. Sometimes there are very capable people and they simply do not do anything, and when someone arrives and directs them correctly, it is when they begin to be productive. As I was saying, I am not in agreement with the socialization of the losses of private companies. The free market tries to privatize profits and losses, not to socialize losses and privatize profits that is what is being done there when rescuing companies.

I deeply appreciate your sharing your experience in Venezuela with us, as good information is difficult to find on the circumstances there. Propaganda is practically all we can find here in the USA.

Which leads me to my point. Chavez made enemies of capitalists by taking away their money printing businesses (I am being sarcastic. I mean for profit businesses, including oil). They fought back by sabotage. This is ongoing, although without good intelligence it is impossible for me to well characterize.

I know, however, that certain comfort goods, popular foods, toilet paper, etc., have been deliberately withheld from Venezuela as a weapon to disparage socialism, to cause people to be discontent, and it has worked.

It is utterly impossible for me to quantify what of the discontent is justifiably laid at the feet of socialist government, and the inefficiencies you note, and what is deliberately foisted on the Venezuelan people as a weapon of war by capitalists against socialism.

Have you some way of estimating how much deliberate sabotage has contributed to the Venezuelan crisis?

Thanks!

Friend, if you want to know about what happens in Venezuela from my point of view, you can follow me, in a few days I will make a series of publications that will cover the underlying problem, in which I will comment on the history of Venezuela and the economic problem, political and social suffering. Venezuela is in a social disaster, the product of bad governments that have squandered oil revenues. as well as for establishing a currency control with which an oligarchy closely linked to the government steals the money that comes from oil, buying dollars at a preferential price, and then resell it much more expensive on the black market, that in the Best of cases. Chávez only became an enemy of some capitalists, not of all, others, the most important, continued to benefit from state contracts and that the government will expropriate competition and will bankrupt it.

I am not a fan of that youtube channel, but it is a video spoken in English that I can endorse, since I am Venezuelan:

It does not address the underlying problem, but the superficialities dealt with are true.

Done and done! I have been running across your comments of late, and find much good thought in them. It was time to follow you anyway =)

Thanks!

Edit: Man, while some of the points made in that video are very true, it really laid the propaganda on deep! I found the comparison of socialism to heroin particularly telling.

Also, I wonder, while Chavez was alive, my recollection is that Venezuela had not plunged into the fullness of the difficulty is it now in. Only after his cult of personality was no longer did the real rapine begin. Is that accurate?

Thanks to you!

The whole economic bubble was generated by Chávez himself, the fact is that he was quite popular, a kind of RockStar.

Thank you for your substantive and informative reply!

Curated for #informationwar (by @openparadigm)
Relevance:Discussion of Political systems

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very nice article @vieira

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