[discussion] how money should flow
4d 19h ago by feddit.org/u/gandalf_der_12te in latestagecapitalism from feddit.org
that's what money flow should look like.
community (town, city) donates money to people, who then use it to buy goods and services from companies (which make a profit that way) that are then taxed by the community.
comment your opinion
So instead of dependence upon something we don’t control, we’re dependent on something we barely control.
I mean, it’s an improvement but I’d still rather forage in the woods. Then when I die it’s my fault.
You can do that too, but a lot of us like eating things not found in the woods, like grains, refined suagrs, and imported produce.
Plus, medical care without long distance trade would be basic to say the least.
Companies, Community and People are under no incentive to just fairly rotate money around. All three want a bigger share of the flow to stay alive and the bigger share you get the more it can be used as leverage
Also what does each node offer here, Labor-Goods-Policing? It feels like the community node has a bigger say in the table by default because of their service so they're under even less necessity to honor the flow
Plus aren't Goods and Policing self fulfilling, you need policing because people self policing is outlawed by Community, and you need goods because Companies kill or buy out people's competition, Labor can't be self fulfilling because it's the source of the flow, without it neither goods nor policing would be around let alone not need it
Something is very sketchy here, it feels less like a natural flow of money and more like an artificial one held together by the community with grumpy cooperation from the companies
It's how communities keep the companies in line yes. When you have a bad actor (corporations trying to extract money) you have the community (voters) elect reps who put constraints on the companies to keep tax revenue and worker pay within the community, which motivates the company to stay for the economic/infrastructure quality of the area, which motivates the community to elect people that continue to keep the companies in line.
Lobbying fights to destroy this by buying politicians to ignore their communities and instead let them extract resources and tax revenue from the communities they are using to earn it.
Even without lobbying, just the act of becoming a representative gives you power, at that point what's holding you to uphold any promise towards people, the people are held to the contract using the policing, but the representative is just trusted, even without lobbying or outside influence the motives and power dynamics don't make much sense
Well it's supposed to be "do what the people want you to do or we kick you out". That's one thing I will give the UK, their "votes of no confidence" where they can just kick the PM out any time are pretty handy to keep them on their toes.
Public office shouldn't be "locked in" it should be "we keep you as long as you serve us, change that and you're out"
This is literally "The Virtuous Economic Cycle" Economic growth contributes to better pay, which contributes to free spending, which contributes local taxes, which invests in infrastructure, which helps economic growth, which generates better pay, etc.
There's also company growth contributes taxes which fund infrastructure which contributes to local well-being and economic growth which generates taxes on growth etc.