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

[E. Crockett]

--- wesburt at juno.com wrote:

> 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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