| Subject: | RE: [socialcredit] Why jobs disappear | | Date: | Tuesday, June 2, 2009 23:00:42 (+0000) | | From: | John G Rawson <johngrawson @.......com>
|
| In reply to: | Message 6787 (written by Wallace Klinck) |
Nevertheless, Wally, IF that is the proportion of their returns that banks pay out, this was an excellent example of why jobs (and purchasing power) disappear under the present system. It could also have made a case for why we have to grow industry for growth's sake, or why we have to produce armaments to live. And use them to die!
In other words, a logical presentation of the situation SC policies are needed to fix.
Regards.
John R.
> From: wmklinck@shaw.ca
> To: socialcredit@elistas.com
> Date: Tue, 2 Jun 2009 00:58:34 -0600
> Subject: Re: [socialcredit] Why jobs disappear
>
> This line of argument is not consonant with Social Credit philosophy,
> policy or analysis. Social Credit holds that the purpose of
> production is consumption and the more efficiently production can be
> carried out the better. This means a continuing displacement of human
> input by technology which would translate into increasing leisure for
> humanity. The cause of disappearing "jobs" from a Social Credit
> standpoint is the replacement of human effort by non-human factors
> including the increasing productivity of ever-refining technology.
> The purpose of production is to provide goods and services for people--
> not work. The Consumer Dividend and Compensated Price are the central
> Social Credit instruments to achieve this end. Social Credit is not
> work-oriented. It is consumption and leisure-oriented. If we want to
> create work for mankind from dawn to dusk we can just scrap all the
> achievements of civilization and go back to living in caves. "Toil
> not, your Heavenly Father knows you have need of these things, etc."
> Sincerely
> Wally
> On 1-Jun-09, at 4:10 PM, Per Almgren wrote:
>
> > This is why jobs disappear!
> >
> > Imagine that you pick out a group of eleven people from society. Ten
> > of these are businessmen who themselves, or together with others,
> > work to produce a variety of products, each one within their
> > specialized area. The eleventh is a person lending money to the
> > others.
> >
> > The money lender charges 10% interest (to simplify the calculations)
> > on the money he lends. All businessmen borrow $2,000,000 each to
> > cover expenses for purchase of raw materials, wages to employees,
> > plus their own living expenses for one year. The whole amount of the
> > loans is then used to buy from the economy, which in principle
> > consists of all other businesses, people and institutions, including
> > the sector financed by taxes. The economy has received a sum of
> > $20,000,000.
> >
> > To cover expenses, including interest payments, each of the
> > businessmen has to sell products for at least $2,200,000. We assume
> > that the lender buys products and services and pays taxes for a
> > total of $500,000, which thus is funneled in to the economy. The
> > market can then as a whole buy products and services from the
> > mentioned group of businessmen for $20,500,000. But since each
> > businessman has to sell $2,200,000 worth of goods, as a group they
> > have to sell $22,000,000 worth. One or more of the businessmen will
> > therefore not be able to sell products at the required level if the
> > rest of the economy doesn’t increase its debt by $1,500,000. At
> > least one or more of the business owners have to file for bankruptcy
> > or, if the lender agrees to it, borrow another $1,500,000.
> >
> > The companies faced with the threat of bankruptcy have to fire
> > employees and/or loose the collateral for the loans. This will be
> > repeated year after year and more and more businessmen loose out,
> > since all other groups in society will be affected by the same
> > economical principal. It is the lenders, who already have more money
> > than they need, who create a growing debt as soon as they do not buy
> > products and services or pay taxes on their income from interest
> > payments for the total amount earned.
> >
> > It is therefore very important to think in new terms – we have to
> > change to an interest free economy. This would benefit the largest
> > group of the people while the existing system only benefits a small
> > percentage of the population.
> >
> > Per Almgren
> >
> > From borrowers’ purchases 20,000,000
> >
> > _From lender’s purchases 500,000_
> >
> > To the economy 20,500,000
> >
> > Purchases from the economy 20,500,000
> >
> > Interest on loans -2,000,000
> >
> > _Payments on loans -20,000,000_
> >
> > Borrowers’ deficit -1,500,000
> >
> > ---------------------------------------------------------------------
> > Some introductory materials to the discussion topic of this list are
> > at
> > http://www.geocities.com/socredus/compendium
> > You're subscribed to this list with the email wmklinck@shaw.ca
> > For more information, visit http://www.eListas.com/list/socialcredit
>
> ---------------------------------------------------------------------
> Some introductory materials to the discussion topic of this list are at
> http://www.geocities.com/socredus/compendium
> You're subscribed to this list with the email johngrawson@hotmail.com
> For more information, visit http://www.eListas.com/list/socialcredit
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