dagblog - Comments for "A Progressive Second Term? (I) Prerequisites"

In a free enterprise system,

moat — Fri, 04 Jan 2013 02:57:55 +0000

In a free enterprise system, "basic wealth" is what the government is supposed to be letting happen without undue restraint.

But the government does have to deal with deferred costs of such enterprises, whether that involves a surfeit of criminals, obligations placed upon communities that they did not agree to happen to them, or simply supplying to a group of entrepreneurs something they were unable or unwilling to provide for themselves.

So I would argue that what makes the notion of "basic wealth" tenable is that we have set up all these things we keep outside of the wealth making processes so that it can happen at all. Otherwise, the system would destroy the conditions that made it possible.

And that thought naturally leads one to the idea of true cost and the distance between accumulative prices for having certain things produced and the levels of market value that measure the "basic wealth" products.

The jobs created outside of the cauldron of basic wealth cover the gap of unpaid production cost. A grudgingly acknowledged accounting ledger, if you will.

Obama isn't going to move

Aaron Carine — Thu, 03 Jan 2013 22:29:08 +0000

In reply to A Progressive Second Term? (I) Prerequisites

Obama isn't going to move leftward in his second term, but in most domestic matters I'm pretty content with him as he is. He says he won't allow cuts in food stamps, fuel assistance and other anti-poverty programs, which is reassuring, since his original budget proposal for 2013 had cuts in some of those programs.

Thus we see that

demunchained — Wed, 02 Jan 2013 23:42:29 +0000

In reply to My brother just got job, a

Thus we see that infrastructure IS important.

My brother just got job, a

Anonymous trope — Wed, 02 Jan 2013 23:25:07 +0000

In reply to the myth that only the

My brother just got job, a government job, after about 2 years out of work, and one of his main responsibilities is keeping roads clear in the winter, highways that are crucial to the moving of the natural resources like oil, out of the area to those businesses that "products jobs"

the myth that only the

Flavius — Wed, 02 Jan 2013 14:59:30 +0000

In reply to A Progressive Second Term? (I) Prerequisites

the myth that only the private sector creates “real” jobs

Not so sure that's a myth. Depends on how "real" differs from real.My daughter works for the Government and certainly does a valuable job but maybe not one that fits the definition of " real". If "real"means producing basic wealth I suppose I agree that only the private sector (including agriculture)does that.