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PLEASE FEEL FREE TO COPY & PASTE INFO BELOW (just delete words "About Me" in middle)!!!
MAJOR DIFFERENCES IN THE FOLLOWING 3 ECONOMIC SYSTEMS:
OUR CURRENT (MARKET) SYSTEM
1. Being a monetary system, it runs on PROFIT, ultimately causing only A FEW to have MOST of the POWER, which ALWAYS leads to some form of dictatorship (as we NOW HAVE).*
2. Being a monetary system, this system CAN and IS going broke, causing larceny, riots, and violence (incl. suicides and homocides).
3. Since cyclical consumption AND profit-making are MUSTS, use of resources is UNSUSTAINABLE, causing TREMENDOUS and ONGOING waste and pollution.
4. Each home is built using many LABORERS, who WASTE AN ABUNDANCE of MATERIALS and TIME, also creating MORE POLLUTION.
5. There will ALWAYS be some who have more than others, so crime (of all kinds) will ALWAYS exist.
6. Most of those who commit crimes, and are sent to jail/prison, do NOT get rehabilitated (and INSTEAD, usually learn how to do their crimes BETTER while incarcerated).
7. Patents exist (due to the need for PROFIT), causing a SLOWER progression in technological, medical, etc. advances.
8. Healthcare is POOR (not to mention, UNEQUAL for everyone) due to PROFIT being made from the sick. ALSO, (as stated earlier) since patents exist, there is SLOW progress in medicine. Not to mention, because ONLY THOSE who can afford to regularly buy ORGANIC products, remain HEALTHIER (and in turn, HAPPIER).
9. EVERYONE who wants to LIVE (esp. those who want to live COMFORTABLY), MUST work. Those who are chronically ill have no alternative than to either live on nominal (and extremely complicated) gov't assistance, or DIE.
10. Taxes exist, FORCING most people to work MORE.
FREE MARKET SYSTEM
1. Being a monetary system, it will continue to run on PROFIT, ultimately causing only A FEW to have MOST of the POWER, which ALWAYS leads to some form of dictatorship.
2. Being a monetary system, this system CAN and WILL go broke, causing larceny, riots, and violence (incl. suicides and homocides).
3. Since cyclical consumption AND profit-making will continue to be MUSTS, use of resources will continue to be UNSUSTAINABLE, continuing to cause TREMENDOUS and ONGOING waste and pollution.
4. Each home will continue to be built using many LABORERS, who will continue to WASTE AN ABUNDANCE of MATERIALS and TIME, also continuing to create MORE POLLUTION.
5. There will ALWAYS be some who'll continue to have more than others, so crime (of all kinds) will ALWAYS exist.
6. Most of those who commit crimes, will continue to be sent to jail/prison, and will NOT get rehabilitated (and INSTEAD, will usually learn how to do their crimes BETTER while incarcerated).
7. Patents will continue to exist (due to the need for PROFIT), continuing the SLOW progression in technological, medical, etc. advances.
8. Healthcare will continue to be POOR (not to mention, UNEQUAL for everyone) due to PROFIT being made from the sick. ALSO, (as stated earlier) since patents will continue to exist, there will continue to be SLOW progress in medicine. Not to mention, ONLY THOSE who can afford to regularly buy ORGANIC items, will continue to remain HEALTHIER (and in turn, HAPPIER).
9. EVERYONE who wants to LIVE (esp. those who want to live COMFORTABLY), MUST continue to work. Those who are chronically ill will continue to have no alternative than to either live on nominal (and extremely complicated) gov't assistance, or DIE.
10. Taxes will NOT exist, NOT forcing anyone to work MORE.
RESOURCE BASED ECONOMY
1. Since NO currency will exist, and since EVERYTHING WILL BE FREE FOR EVERYONE, there will be NO incentive for anyone to become a dictator. IF someone TRIES for some reason, he/she will NEED OTHERS to REMAIN in power, and WHERE would such people be found, in a world where everything is free for everyone?!? Not to mention, how the rest of us (the MAJORITY) would outnumber any such person or group of people.
2. Since NO currency will exist, NO ONE will go broke, NOT EVER causing larceny, riots, and violence (including suicides and homocides).
3. NO cyclical consumption nor profit-making will be NEEDED, since the only cyclical consumption needed, will be for INTENTIONALLY disposable items, so use of resources WLL BE sustainable, causing MUCH LESS waste and pollution.
4. Each home will be built by machines, NOT laborers, DRAMATICALLY CUTTING DOWN on WASTED MATERIALS and TIME, while NOT adding onto our POLLUTION.
5. NO one person will have ANY more than another, so crime will be DRASTICALLY REDUCED.
6. Those who commit crimes will be sent to rehabilitation, INSTEAD of jail/prison, so most will NOT repeat any crime.
7. Patents will NOT exist (due to LACK OF profit), causing FASTER progress in technological, medical, etc. advances.
MAJOR DIFFERENCES IN THE FOLLOWING 3 ECONOMIC SYSTEMS:
OUR CURRENT (MARKET) SYSTEM
1. Being a monetary system, it runs on PROFIT, ultimately causing only A FEW to have MOST of the POWER, which ALWAYS leads to some form of dictatorship (as we NOW HAVE).*
2. Being a monetary system, this system CAN and IS going broke, causing larceny, riots, and violence (incl. suicides and homocides).
3. Since cyclical consumption AND profit-making are MUSTS, use of resources is UNSUSTAINABLE, causing TREMENDOUS and ONGOING waste and pollution.
4. Each home is built using many LABORERS, who WASTE AN ABUNDANCE of MATERIALS and TIME, also creating MORE POLLUTION.
5. There will ALWAYS be some who have more than others, so crime (of all kinds) will ALWAYS exist.
6. Most of those who commit crimes, and are sent to jail/prison, do NOT get rehabilitated (and INSTEAD, usually learn how to do their crimes BETTER while incarcerated).
7. Patents exist (due to the need for PROFIT), causing a SLOWER progression in technological, medical, etc. advances.
8. Healthcare is POOR (not to mention, UNEQUAL for everyone) due to PROFIT being made from the sick. ALSO, (as stated earlier) since patents exist, there is SLOW progress in medicine. Not to mention, because ONLY THOSE who can afford to regularly buy ORGANIC products, remain HEALTHIER (and in turn, HAPPIER).
9. EVERYONE who wants to LIVE (esp. those who want to live COMFORTABLY), MUST work. Those who are chronically ill have no alternative than to either live on nominal (and extremely complicated) gov't assistance, or DIE.
10. Taxes exist, FORCING most people to work MORE.
FREE MARKET SYSTEM
1. Being a monetary system, it will continue to run on PROFIT, ultimately causing only A FEW to have MOST of the POWER, which ALWAYS leads to some form of dictatorship.
2. Being a monetary system, this system CAN and WILL go broke, causing larceny, riots, and violence (incl. suicides and homocides).
3. Since cyclical consumption AND profit-making will continue to be MUSTS, use of resources will continue to be UNSUSTAINABLE, continuing to cause TREMENDOUS and ONGOING waste and pollution.
4. Each home will continue to be built using many LABORERS, who will continue to WASTE AN ABUNDANCE of MATERIALS and TIME, also continuing to create MORE POLLUTION.
5. There will ALWAYS be some who'll continue to have more than others, so crime (of all kinds) will ALWAYS exist.
6. Most of those who commit crimes, will continue to be sent to jail/prison, and will NOT get rehabilitated (and INSTEAD, will usually learn how to do their crimes BETTER while incarcerated).
7. Patents will continue to exist (due to the need for PROFIT), continuing the SLOW progression in technological, medical, etc. advances.
8. Healthcare will continue to be POOR (not to mention, UNEQUAL for everyone) due to PROFIT being made from the sick. ALSO, (as stated earlier) since patents will continue to exist, there will continue to be SLOW progress in medicine. Not to mention, ONLY THOSE who can afford to regularly buy ORGANIC items, will continue to remain HEALTHIER (and in turn, HAPPIER).
9. EVERYONE who wants to LIVE (esp. those who want to live COMFORTABLY), MUST continue to work. Those who are chronically ill will continue to have no alternative than to either live on nominal (and extremely complicated) gov't assistance, or DIE.
10. Taxes will NOT exist, NOT forcing anyone to work MORE.
RESOURCE BASED ECONOMY
1. Since NO currency will exist, and since EVERYTHING WILL BE FREE FOR EVERYONE, there will be NO incentive for anyone to become a dictator. IF someone TRIES for some reason, he/she will NEED OTHERS to REMAIN in power, and WHERE would such people be found, in a world where everything is free for everyone?!? Not to mention, how the rest of us (the MAJORITY) would outnumber any such person or group of people.
2. Since NO currency will exist, NO ONE will go broke, NOT EVER causing larceny, riots, and violence (including suicides and homocides).
3. NO cyclical consumption nor profit-making will be NEEDED, since the only cyclical consumption needed, will be for INTENTIONALLY disposable items, so use of resources WLL BE sustainable, causing MUCH LESS waste and pollution.
4. Each home will be built by machines, NOT laborers, DRAMATICALLY CUTTING DOWN on WASTED MATERIALS and TIME, while NOT adding onto our POLLUTION.
5. NO one person will have ANY more than another, so crime will be DRASTICALLY REDUCED.
6. Those who commit crimes will be sent to rehabilitation, INSTEAD of jail/prison, so most will NOT repeat any crime.
7. Patents will NOT exist (due to LACK OF profit), causing FASTER progress in technological, medical, etc. advances.
About Me:
9. EVERYONE who wants to LIVE (incl. those who want to live COMFORTABLY) will NOT NEED to continue to work. Those who are chronically ill will NOT have to choose between living with lesser means than anyone else, nor will they DIE...since EVERYONE will have EVERYTHING he/she needs, for FREE.
10. Taxes will NOT exist, NOT forcing anyone to work MORE.
11. NO MORE ANNOYING COMMERCIALS (on tv, radio, nor internet) ! ! ! ! ! = D
Now, as for the so-called "Economic Calculation Problem"...not only did Mises NOT ACCOUNT FOR the progress that HAS been made in calculations/computers thus far (being that he wrote his theory OVER NINETY YEARS AGO), but, his DEFINITION of "economics" is MUCH DIFFERENT from the definition that a RBE would use!
Mises' definition is in regards to CURRENCY, while the definition a RBE would have, is to create EVERYTHING using THEE LEAST amount of material AS POSSIBLE, using THEE LEAST amount of energy AS POSSIBLE, while ALWAYS seeking to create EVERYTHING TO LAST AS LONG AS POSSIBLE. While also ensuring that the item is manufactured AND runs, with THEE LEAST output of pollution AS POSSIBLE, allowing our natural resources to LAST LONGER (as well as OURSELVES). In addition, in a RBE, everyone would take turns in SHARING large items (such as a car or boat).
An example to illustrate the differences in these two definitions is this; regarding Mises' theory, a car manufacturer would be trying to figure out how many cars to build for SELLING to a given area. In turn, he must also figure out how many/much of each material he needs in order to make that specific number of cars, while USUALLY, INTENTIONALLY using THEE MOST INFERIOR material AS POSSIBLE, so as to give him a PROFIT, AND to ensure that it DOESN'T last as long as possible. So then, each consumer will NEED another car w/in a short period of time (again, ensuring him PROFIT), while USUALLY NOT caring about WASTE NOR POLLUTION.
Regarding a RBE, scientists from AROUND THE WORLD would work TOGETHER to figure out**, not only how many cars they need to "RENT" to a certain area***, but WHAT would be THEE MOST EFFICIENT mode(s) of transportation for a given area. Then they would work together to ENSURE that they use THEE STRONGEST material AS POSSIBLE, so as to LAST THEE LONGEST AS POSSIBLE, in order to LESSEN WASTE AND POLLUTION.
Now YOU tell ME...WHICH definition of "economics" sounds more ECONOMICAL to you???
* New World Order = The Vatican (The "Powers That Be" established The Vatican in order to control as many of us as possible!)
** ANYONE/EVERYONE would easily be able to find out EXACTLY HOW the scientists came to any of their conclusions, and ANYONE/EVERYONE would be allowed to question any of it.
*** The mere act of many people from a certain area "renting" a large item, is ALREADY more economical than EACH person from a certain area having his/her OWN large item!
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