| View single post by Joe Kelley | |||||||||||||
| Posted: Tue Apr 17th, 2007 12:37 pm |
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Joe Kelley
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++++++++++ How do you define wealth, poverty, and power? ++++++++++ x, Thanks for the effort to be more precise. If I can manage to accomplish a task now it will be to answer your specific question and return to your topic afterward. Wealth (according to me, who is one example of the category: human being) is that stuff that stores value. Poverty is a living condition that is absent value. Power is an ability to accurately move matter. Examples: Having the power to precisely move that stuff that stores value from someone who earns that stuff to someone who earns power is the power to cause poverty. Imagine, for example, one person or a number of people who pay off their mortgages and own their homestead. That is a power to move the title (a piece of paper) from the trustee (here in California) to the person occupying the home. From that point on there is an end to the transfers of stuff from the person occupying the home to the Bank. The Bank must look for other sources of wealth after that one or more than one individual severs that link. Where does the Bank get its stuff that stores value? Here is where I will try to return to your original topic and I will make a special effort to avoid sounding utopian. Imagine 150,000,000 people in the U.S. (roughly half the population) decide to organize a mortgage pay off scheme. Many of these individuals were convinced, in the past, that such a ‘pyramid’ scheme would only benefit a few at the expense of the many. Now the scheme has been hard wired into an encrypted hard drive that each individual owns and all the hard drives are virtually identical having the same software with the exception of data input. In other words the hard drives are merely one simple accounting program. The ‘system’ is universal for all 150,000,000 participants. Each participant adds a voluntary wealth transfer into the system as they choose – individually. The ‘system’ buys the titles of properties based upon a ratio of who voluntarily transfers the highest amount of wealth relative to their remaining debt. In other words; the person who transfers the entire debt amount to the ‘system’ is rewarded with the title of his property first. The person who transfers almost all the debt into the ‘system’ is the next property to be purchased by the ‘system’ to be transferred to that person when all that debt is paid. You may or may not see the writing on the wall with this experiment in thought at this point. 150,000,000 million people transfer wealth to a ‘system’ in the effort to regain title of their property. The person who first transfers all the debt they owe is the person who receives the title of their property first. No person receives the title of their property until they pay off all their debt. The ‘system’ encourages (like a race to the top) people to send wealth to the ‘system’. You may now wonder how this ‘system’ is any different than the current ‘system’. You may wonder how this ‘utopian dream’ or this ‘pyramid scheme’ has anything at all to do with your topic. If so, then, I can’t answer that skepticism without your participation in calculating numbers. The ‘system’ receives additional wealth at a rate determined by individual choice that is multiplied by the number of choices. Example: 1000 units of wealth per person per year can be an imaginable rate of wealth transfer from the many to the one (system). 1000 times 150,000,000 per year. Of course the rate will not be determined by edict; rather - the rate is determined by individual choice based upon a perceived desire to gain title of property early. Now – suppose we calculate the average rate above for a time period of 10 years to arrive at a ‘system’ total income before delving into the pay-off. 1000 times 150 million times 10 equals a lot of wealth transferred from many to one. You can do the math to check my results. I get: (too many zero’s to count on the M.S. calculator). It is something like 1,500 thousand million per year? What is the proper number? 150,000,000 Times 10 years will add one zero. 1,500,000,000 That is now one trillion five hundred million units of wealth from the many to one. Now add three more zeros (1000 units per year per person). 150,000,000 1,500,000,000 1,500,000,000,000 Now the one has to pay out. Before ‘pay-out’ we (if you want to follow along) can assume (for the sake of ‘argument’), that no one has yet paid off their entire debt. In other words the entire 150,000,000 participants have yet to pay off any mortgages after 10 years in this ‘pyramid scheme utopian dream’. What is the word used for numbers greater than trillion? How about Gazillion? One Gazillion five hundred trillion dollars has transferred from the many to one after 10 years. What, you may ask, is the pay-off? What inspires participation in this utopian dream? The ‘system’ buys mortgages based upon that previously mentioned ratio (the most contributed divided by the least owed, or, the least owed divided by the most contributed, or, some other calculation that is universally applied to everyone equally) and the ‘system’ charges only the cost of operating the ‘system’ divided by the number of participants. Did I lose you? Return to the number: One Gazillion five hundred trillion. Divide that number by the average mortgage debt per house and arrive at a number of mortgages owned by the ‘system’ to be transferred to each person who manages to pay into the ‘system’ their remaining debt. I’ll leave this here for lack of interest shown by anyone I have yet to find who shares my interest in this type of anarchist thought. http://www.anarchism.net/forum/board_entry.php?id=13466&page=0&order=last_answer&descasc=DESC&category=0
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