Joe Kelley
Administrator
|
http://www.lewrockwell.com/north/north463.html
Inflation is a tax, but it is hidden. It redistributes wealth. Better yet, from a politician's viewpoint, its negative effects can be blamed on capitalists – "exploiters" and "speculators" – while its main benefit, meaning an economic boom, can be claimed by the government.
I call the above Scum Bag Economic Theory or Scarceconomics.
It is false.
Capitalists, as confessed by capitalists, create scarcity, create 'negative effects', create monopolies, create the State, exploit thru usury, and speculate through fraud, to benefit from created booms and busts by them and their so called government.
http://www.perfecteconomy.com/pg-parable-of-perfect-economy.html
"We would gladly have borne the little tax on tea, and other matters, had it not been that they took from us our money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere."
Benjamin Franklin
http://www.amazon.com/gp/product/0839807937/sr=8-1/qid=1151518462/ref=pd_bbs_1/104-1917703-7075903?ie=UTF8
I loaned out my copy of Confessions of a Monopolist so quotes from that book will require a reader to find the confessions on their own.
http://www.reformed-theology.org/html/books/bolshevik_revolution/
On the other hand, it may be observed that both the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend totalitarian politico-economic systems based on naked, unfettered political power and individual coercion. Both systems require monopoly control of society.
Back to Austrian "Theory"
http://www.lewrockwell.com/north/north463.html
In 1945, an Australian statistical economist named Colin Clark made an important observation. Whenever the total national tax burden in relation to national income climbs above 25%, the government's central bank invariably begins to create money in order to purchase the growing national debt.
Austrian "Theory" in a nutshell:
“every individual will attempt to secure his own requirements as completely as possible to the exclusion of others.” Carl Menger (1840 -1921)
Austrian "Theory" extrapolated:
“It should be remembered by radicals that, if they wanted to, all workers could refuse to work for wages and instead form their own producers’ cooperatives and wait for years for their pay until the products are sold to the consumers; the fact that they do not do so, shows the enormous advantage of the capital investment, wage-paying system as a means of allowing workers to earn money far in advance of the sale of their products. Far from being exploitation of the workers, capital investment and the interest-profit system is an enormous boon to them and to all of society."
Egalitarianism As a Revolt Against Nature and other Essays
Murray Rothbard
From here:
http://www.amazon.com/gp/product/0945466234/sr=8-1/qid=1151519021/ref=sr_1_1/104-1917703-7075903?ie=UTF8
My interpretation of the Austrian "Theory" extrapolation:
Interpretation:
It should be indoctrinated into a false belief embraced by would be anarchists, if this can be accomplished through fraud, all people who produce more than they consume, could refuse to work for wages and instead form their own producers’ cooperatives, and utilize their own currency by entering into voluntary contracts, and immediately begin to accelerate their power to produce with voluntary access to the division of labor, thereby increasing the purchasing power of their mutual currency as greater supplies of wealth are produced, that they can do so at will now, however; if they embrace my falsehood, enforced by my profession, and my Corporate Nation State that I finance, that these hindrances against the free market, will remove their ability to conduct their equitable commerce, by taking away their power to voluntarily associate, and cause them to wait for an agreeable means to an agreeable end, as my fraud confounds their ability to see and act clearly, meanwhile the fruits of their labor is stolen trough the fraud of usury.
The fact that they, the scumbag no nothing ignorant and apathetic workers, do not command their own power of agreement with their own scripted and accurate currency shows my enormous advantage of fraud and coercion over them because I am so much smarter and better equipped, while setting aside an notion of right and wrong, rejecting an moral consideration as to the nature of lies, coercion, and naked aggression, and incorporating falsehood into a State of being that cripples less capable moral people into submission.
My Interest/Profit System is supreme and no logic, no facts, and no reason can stand in the way of my enforced and fraudulent capital investment wage paying system.
The Corporate Nation State will reign forever because I believe in it with all my heart and soul.
From here:
http://www.anarchism.net/forum/board_entry.php?id=6824
More here:
http://austrianforum.com/index.php?showtopic=364&hl=
Comments communicated to the readership at the Austrian Forum concerning Murray Rothbards Austrian Theory:
The above nonsense begs for a clarification. The word “workers” must be defined. What exactly is the author intending to communicate with his word choice? Are workers the same human beings mentioned in Carl Meger’s theoretical hierarchy? Are workers ‘others’ while Carl and Murray are un-‘others’?
I cannot ask Murray if he meant to exclude himself from the class he identifies as “workers”. Perhaps his devout followers can answer my question. I suspect that Murray’s followers, like Murray, will exclude me from their ‘cooperative’. Collectivists tend to act in exclusionary manners. Individuals tend to stand on their own two feet.
Requote Murray Rothbard's Austrian "Theory" a.k.a. The capital investment wage-paying interest-profit SYSTEM
“It should be remembered by radicals that, if they wanted to, all workers could refuse to work for wages and instead form their own producers’ cooperatives and wait for years for their pay until the products are sold to the consumers; the fact that they do not do so, shows the enormous advantage of the capital investment, wage-paying system as a means of allowing workers to earn money far in advance of the sale of their products. Far from being exploitation of the workers, capital investment and the interest-profit system is an enormous boon to them and to all of society."
Egalitarianism As a Revolt Against Nature and other Essays
Murray Rothbard
The capital investment wage-paying interest-profit SYSTEM is a man-made SYSTEM that can also be called: The Nation State Corporate Fascist Dictatorship
Why not just call it robbery?
Because Despotism is a better word?
How about falsehood?
Blame me.
Now what?
|
