There's some individuals that believe that for a sustainable economy, requires intergenerational equity & efficiency.
The concept of intergenerational equity means future generations should always expect to be no worse off than previous generations.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
1. Abolition of property and land and application of all rents of land to public purposes 2. A heavy progressive or graduated income tax 3. Abolition of all right to inheritance 4. Confiscation of all property of all emigrants and rebels 5. Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly. 6.Centraliztion of the means of communication and transport in the hands of the state. 7. Extension of factories and instruments of production owned by the State, the bringing of cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan. 8. Equal liability of label. Establishment of industrial armies, especially for agriculture. 9. Combination of agriculture with manufacturing; gradual abolition of the distinction between town and country, by a more equitable distribution of the population over the country, 10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination with education and industrial production.
1. Abolition of property and land and application of all rents of land to public purposes 2. A heavy progressive or graduated income tax 3. Abolition of all right to inheritance 4. Confiscation of all property of all emigrants and rebels 5. Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly. 6.Centraliztion of the means of communication and transport in the hands of the state. 7. Extension of factories and instruments of production owned by the State, the bringing of cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan. 8. Equal liability of label. Establishment of industrial armies, especially for agriculture. 9. Combination of agriculture with manufacturing; gradual abolition of the distinction between town and country, by a more equitable distribution of the population over the country, 10. Free education for all children in public schools. Abolition of children's factory labor in its present form. Combination with education and industrial production.
We have 2, 5, 6 & 10
We don't have 5 & 6!
Re 5: Credit is created / controlled by private banks. You are no doubt thinking of the RBA - the RBA controls monetary policy and the creation / distribution of *currency*, but not the creation of credit. They influence the creation of credit via monetary policy settings, but the private banks actually do it, and profit from doing so. The Marx model is no private banks - only one state owned / controlled bank that controls the creation of *all* credit in the economy.
Re 6: Transport is heavily privatised - trucking, freight rail, private motor cars, air transport - all mostly privately owned. The state owns / controls some transport infrastructure like mass public transit and so on, but that is far from what Marxism proposes.
I agree we have 2 - although socialists would say that our tax rates are not progressive enough. And we certainly have 10, which I think most would agree is a good thing and a national advantage to boot.
There's some individuals that believe that for a sustainable economy, requires intergenerational equity & efficiency.
The concept of intergenerational equity means future generations should always expect to be no worse off than previous generations.
If I was a young European Blondie, I don't think I'd be feeling at all confident that would be the case.
And to be dead honest, as a young Aussie back in the 70s, I don't recall ever have had such an expectation - More just a case of what would be would be I'd say. Though with me being pretty hopeful/determined to make the best of it either way I'd also say.
See what happens when inequality is allowed to go too far
With Oz having the opposite problem and having allowed unearned and thus undeserved 'equality' (in a place of abundant opportunity) to go too far perhaps?
So it is agreed we have some socialist values running in our society now. Noted... The NBN is Govt right?
There is no such thing as a "socialist value".
All you can say is that a person who has a particular combination of values might be a socialist. The values existed long before there were socialists. Government monopolies are as much a feature of corporatist/fascist states as they are of socialist states. (if in fact there are any socialist states which seems doubtful these days.)
herbie
24 Sep 2014, 08:23 PM
So did Marx - By killing everyone who disagreed with him when required.
Marx would have been horrified by what happened in the socialist dictatorships. He was of the opinion that capitalist society would transmute into socialism through simple progress.
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