Quote:
Originally Posted by faabala
Who would build a house or buy a house if there were no property rights?
All us slaves would just have to live in our Government issued identical apartment blocks. Why should a Doctor have better living quarters than a ditch digger?
|
Your comment would be much more valuable if you critiqued what I advocate. I don't advocate anything you wrote.
You have property rights, you are not a slave, you can buy whatever house you want, the govt doesn't issue anyone a house and a doctor will likely have better living quarters because she makes more money since she does a job that is more difficult.
Here is a quick overview of what I advocate:
Our current market economic system is corrupt and should be replaced with a fair market system.
A fair market system is a system where:
1) 100% of the total income produced in the economy is paid to workers since they are responsible for 100% of the total production.
We must put an end to paying out HALF our income to people who don't work and just collect unearned income like rent, interest and profit because, as I will demonstrate, we don't need to pay these incomes, any more than we need to pay people an income to print their own money, in order to get our market economy to work and because the capital we are paying this unearned income on was produced with stolen resources.
2) And we must allocate that total income based on how hard you work, instead of based on how much exploitation you can get away with, since the whole purpose of income is to be an incentive to work and work hard. So differences in income will be based only on what is necessary to get workers to do mentally or physically difficult work and to get them to give their maximum effort in performance based jobs since this is the only legitimate economic justification for paying one worker more than another.
Paying 100% of our income to workers and paying them based on how hard they work is the only fair market system.
If we did this, it would enable us to:
* Raise the minimum wage to $115,000 per year (1)
* Raise the minimum wage to $230,000 per year for people who work mentally or physically difficult jobs (science, construction, mining, farming) (1)
* Cut the work week to 20 hours (2)
* Guarantee everyone a job
* Eliminate interest which would cut your mortgage in half (3)
* Guarantee 100% financing to everyone who wants to own a home without the need for a down payment (3)
* Pay students an income to go to school
* Guarantee everyone a pension at retirement
* Make everyone wealthy
* And when you make everyone wealthy, you eliminate nearly every social problem we have
Our current market economy is corrupt because it unfairly concentrates income in the hands of a small ruling class through institutionalized theft, government welfare, and institutionalized exploitation.
It allows this ruling class to unfairly siphon off the great majority of the income our workers produce, leaving the vast, overwhelming majority of hard-working Americans broke. It is criminal.
And this ruling class uses their vastly superior wealth and resulting vastly superior power to maximize the corruption and entrench their ability to illegitimately and undemocratically rule over society.
In order to end the corruption, and to make our market economy fair, we must put an end to the welfare, theft and exploitation.