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What we would all like to see [ old school commies excepted ] - I45owl - 02-05-2010 12:48 AM
Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
RE: What we would all like to see - Owl 69/70/75 - 02-05-2010 11:58 AM
(02-05-2010 12:48 AM)I45owl Wrote:Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.
RE: What we would all like to see - DrTorch - 02-05-2010 12:10 PM
(02-05-2010 11:58 AM)Owl 69/70/75 Wrote:(02-05-2010 12:48 AM)I45owl Wrote:Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.
Proving there's more to the endeavor of liberty than just "conservative" fiscal policy.
Kind of tough to ignore issues like forced labor camps/prisons, slavery, one-child policy, etc, in support of China's economics.
RE: What we would all like to see - Lord Stanley - 02-05-2010 12:20 PM
(02-05-2010 11:58 AM)Owl 69/70/75 Wrote: Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.
Ick.
I think I understand what you are getting at, but nepotistic, state owned and state directed capitalism is not the direction I'm hoping for here on these shores.
RE: What we would all like to see - Owl 69/70/75 - 02-05-2010 12:29 PM
(02-05-2010 12:20 PM)Lord Stanley Wrote:(02-05-2010 11:58 AM)Owl 69/70/75 Wrote: Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.Ick.
I think I understand what you are getting at, but nepotistic, state owned and state directed capitalism is not the direction I'm hoping for here on these shores.
I agree, which is why I still live here, not there.
What I'd like to see is for us to close the gap in the areas where they are more capitalistic than we are.
RE: What we would all like to see - Lord Stanley - 02-05-2010 12:37 PM
(02-05-2010 12:29 PM)Owl 69/70/75 Wrote:(02-05-2010 12:20 PM)Lord Stanley Wrote:(02-05-2010 11:58 AM)Owl 69/70/75 Wrote: Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.Ick.
I think I understand what you are getting at, but nepotistic, state owned and state directed capitalism is not the direction I'm hoping for here on these shores.
I agree, which is why I still live here, not there.
What I'd like to see is for us to close the gap in the areas where they are more capitalistic than we are.
Where is that? In industry, or taxes, or regulation? What is the best takaway from Chinese capitalism?
RE: What we would all like to see - RobertN - 02-05-2010 02:02 PM
(02-05-2010 12:48 AM)I45owl Wrote:I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
RE: What we would all like to see - Rebel - 02-05-2010 02:06 PM
(02-05-2010 02:02 PM)RobertN Wrote:(02-05-2010 12:48 AM)I45owl Wrote:I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
So, essentially, you don't believe in the protection of private property, want to keep spending and spending running up our debt, want to continue taxing the country out of jobs, want to redistribute all private monies that are now in the hands of private individuals who earned said monies, etc., etc.
Am I getting that right?
You're right, it's not speaking for you as your mindset is the farthest thing from an American this country has ever seen.
RE: What we would all like to see - BlazerFan11 - 02-05-2010 02:07 PM
(02-05-2010 02:02 PM)RobertN Wrote:(02-05-2010 12:48 AM)I45owl Wrote:I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
Yeah, no one speaks for Robert except for the government and Keith Olbermann!
RE: What we would all like to see [ old school commies excepted ] - I45owl - 02-05-2010 02:46 PM
(02-05-2010 02:02 PM)RobertN Wrote: I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.
Please accept my apologies. I have now updated the topic name. I could not have done that earlier without giving away the answer.
RE: What we would all like to see - Owl 69/70/75 - 02-05-2010 09:12 PM
(02-05-2010 02:02 PM)RobertN Wrote:(02-05-2010 12:48 AM)I45owl Wrote:I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
When you define the far right as anything more conservative than Mao, most of America is far right. Excluding Robert, of course.
RE: What we would all like to see - RobertN - 02-06-2010 03:04 AM
(02-05-2010 02:06 PM)Rebel Wrote:I am talking about privatization and market liberalization. I have no problem with privatization but I do have a problem with privatizing the military and some other services that the government provides. Market liberalization is fine-to a point. It is the degree of liberalization that you and I disagree on. You want few/no regulations, I don't think that is good for the general public. I am not saying to make them strict, just somewhere between.(02-05-2010 02:02 PM)RobertN Wrote:(02-05-2010 12:48 AM)I45owl Wrote:I am sorry, "all of us"? Why the hell are speaking for me? I understand most on here are far right(even the ones they claim to be in the center) but not all of us support right wing policies.Quote: the economy has moved unmistakably toward the market doctrines of neoclassical economics, with an emphasis on prudent fiscal policy, economic openness, privatization, market liberalization, and the protection of private property. [The Government] has been extremely cautious in maintaining a balanced budget and keeping inflation down. Purely redistributive programs have been kept to a minimum, and central government transfers have been primarily limited to infrastructure spending. The overall tax burden (measured by the ratio of tax revenue to GDP) is in the range of 20 to 25 percent.
...
How, then, has the government been able to adopt the principles of neoclassical economics? The answer is that [the Country] has for three decades been ruled by a disinterested government -- a detached, unbiased regime that takes a neutral stance when conflicts of interest arise among different social and political groups.
Who am I?
So, essentially, you don't believe in the protection of private property, want to keep spending and spending running up our debt, want to continue taxing the country out of jobs, want to redistribute all private monies that are now in the hands of private individuals who earned said monies, etc., etc.
Am I getting that right?
You're right, it's not speaking for you as your mindset is the farthest thing from an American this country has ever seen.
RE: What we would all like to see - bubbapt - 02-06-2010 07:22 AM
(02-05-2010 12:37 PM)Lord Stanley Wrote:(02-05-2010 12:29 PM)Owl 69/70/75 Wrote:(02-05-2010 12:20 PM)Lord Stanley Wrote:(02-05-2010 11:58 AM)Owl 69/70/75 Wrote: Jim Rogers keeps telling me that the Chinese are more capitalistic than we are. In many ways, I think he's right.Ick.
I think I understand what you are getting at, but nepotistic, state owned and state directed capitalism is not the direction I'm hoping for here on these shores.
I agree, which is why I still live here, not there.
What I'd like to see is for us to close the gap in the areas where they are more capitalistic than we are.
Where is that? In industry, or taxes, or regulation? What is the best takaway from Chinese capitalism?
IMHO, the two most important lessons from the article, and the Chinese model in general, are:
Republican governments MUST be identity-blind, in the sense that it recognizes no one interest group over another, and applies specific laws equally; and
Market-driven economies that maintain a tax burden of less than 25% will provide the greatest prosperity to its citizens.
My hope is that, some day, these principles will become as well recognized as inflation and deficit targets became in the second half of the 20th century.