Greetings, Joe.
The problem is that some want to make extravagant promises that common sense
shows are completely out of this world, based on this sort of thing plus the
assumption that no other factors (like formation of new industry) apply when A+B
is translated to the economy as a whole.
The extra factors were recognised by Douglas, who never, to my knowledge, tried
to quantify the "gap" in detail.
We are not talking about the principles you quote here, but the amounts
involved. Two separate issues.
Regards. John R.
>From: Joe Thomson <thomsonhiyu@shaw.ca>
>Reply-To:
socialcredit@elistas.com
>To: socialcredit@elistas.com
>Subject: Re:
[socialcredit] Re: productive capacity
>Date: Fri, 05 Aug 2005 22:25:27
-0700
>
>
>
>
> (John Rawson wrote:-) A very extreme exemplification of the "gap",
presumably based on deep slump conditions and certainly not applicable to
today.
>
> This is one of the Douglas concepts which, taken out of context, lead SCers
to promise the moon without foundation.
>
>
--------------------------------------------------------(Joe replies:-) It is
merely an example of what might have been entirely possible in the early 1920's,
shortly after the close of World War I. When there had already been built up an
enormous
'productive capacity' in Britain as a result of the war. With much of it
entirely capable of being used for, or readily converted to, production for
civilian consumption.
>
> After the onset of the draconian financial policies of
the later 1920's there, which began the decimation of that British 'productive
capacity', further accelerated greatly by the worldwide 'Depression' of the early
1930's, Douglas used a figure that more closely represented the then diminished
ability of his country to produce.
>
> Whatever the figure might be today, it is
absolutely certain that what Douglas noted then is still relevant now. In my
view, it is not in any way 'promising the moon' to call for a proper 'price'
system that reflects reality, and truly does allow CONSUMERS to gain full
advantage 'financially' of what is already 'physically' possible.
>
> Why is
there
such a detectable 'fear' of doing that amongst those who see the 'political
party' path as the only way towards 'Social Credit'? The 'Compensated Price',
again in my view, could be the most easily 'saleable' policy any so-called
'Social Credit' Party could ever offer. Do the PR right, and the breakthrough you
guys dream about is there for the
taking.
>
>
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