[GJM] #850, To Correct Three Omissions in #849, And Include The Two Missing Figures

[wesburt at juno.com]

Resend, address error on original.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Hi Folks,

While waiting for Gunnar to venture a comment, 
Lurban Kohler wrote, in part, about #849:

        "Well I'm embroiled, daily in the drama of this
        analysis and attempt at explanation, and 
        constantly seek the writings & wisdom of others 
        grappling with the same problem: how to clarify 
        and define the problem well enough to be 
        understood, & in time to turn that understanding
        to action, to re-establish the once promising 
        enlightened human stewardship of planet earth. 

        It may not be possible, who knows, but it's more 
        fun trying than it is giving up"
~~~~~~~~~~~~~~ End Mr. Kohler ~~~~~~~~~~~~~~`

Urban, it is my firm conviction, and perhaps yours also, 
that human nature has remained unchanged forever; 
but has adapted easily to either the optimum policy 
or the wrong policy.  The relative performance of 
individual nations in "Our World Of Nations" confirms 
the truth of our convictions.  From "The Folly Of 
Rehoboam in B.C. 875 through the American and 
French Revolutions the wrong policy created only 
"third World Nations,"as we call them today, with a 
few wealthy and the many poor,  In 1776, the USA 
found the optimum policy for an agrarian society, 
that served us well until "The Great Transformation" 
in 1895, which Karl Polanyi explained in a 1944 
book of that title, without mentioning the 30% G&A 
rate of corporations had been withheld by local 
governments. 

Our "present condition," since the advent of 
industrialization, has evolved rather differently 
in our public and private sectors.Hopefully, 
the correction of three omissions (large fonts) 
in the two paragraphs below and the attachment 
of the two  figures missing from #849 will allow 
Left, Right, & Middle to find their common cause 
in doing what I asked K. Graham, D. P. Moynihan, 
Peter G. Peterson, and other members of Pratt 
House and Chatham House to do in 1994.

~~~~~~~~~~ Begin Two Corrected Paragraphs ~~~~~~~~~~~
 
A one page monetary history of this system is presented 
on attached Figure 2-3g.gif, "U.S. Money Supply M1." 
The heavy line on Figure 2-3g begins in colonial times 
with a sustained 1.2%/year increase in the value of the
US dollar.  This mode ended when the USA changed: from 
a nation of "productive-property" owning farmers and small 
business men, to, a nation of corporate employees whose 
property most often consists of a house burdened by 
a mortgage and local real-estate taxes.  

That is to say, the USA changed in 1895: from an 
agrarian society, to, an industrial society.  From 
that point on, the corporations in our private 
sector developed in full compliance with Louis 
Blanc's "Governing Principle Of the State," 

"From each according to his/its ability," 
while in production.  
"To each according to his/its needs," 
while in development or disabled.

while the local governments in our 
public sector developed in full compliance with 
the thirty centuries old "Principle Of Subsidiarity" 
as taught in our public schools, church schools, 
and universities.  Both principles and the tsunami 
of public debate which keeps the public innocent 
of these principles are illustrated on Figure 4 & 8e.gif 
and attached Figure 12o.gif.
~~~~~~~~~~ End Two Corrected Paragraphs ~~~~~~~~~~~

Again, Urban and other friends of "the once promising 
enlightened human stewardship of planet earth," the 
people who broke that promise in 1895 are long dead. 
The promise was re-established in Japan by MacArthur 
and in Germany by John J. McCloy after WW II with a 
three decade miracle, now being copied by Russia, 
China, and other former "Third World Nations.

Remember, the systemic defect, a continuously 
increasing "Natural Inflation Rate" (NIR), has no 
natural limit but system failure. What US taxpayer 
would vote against the optimum policy if Ron Paul's 
minions added TOP to their other Libertarian virtues?

Time flies when you are having fun with sixth graders,

Wes Burt

   TOP and TWP are cognoscible by sixth graders from
         Fig. 7-9.gif on Dr. W. Curtiss Priest's web site:
          <http://www.epie.org/cyber-soc/default.htm>
 TOP = 100% Capitalism --- TWP = 0 to 50% Capitalism
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