Newsgroups: sci.econ,alt.politics.socialism From: "J.H.Boersema" Subject: rebooting economy (mini howto) Organization: http://www.socialism.nl Reply-To: joshb@xs4all.nl Followup-To: sci.econ Date: Wed, 5 Mar 2008 09:05:04 +0100 Message-ID: User-Agent: slrn/0.9.8.1 (Debian) When things start to get screwed up and/or imbalanced beyond repair: run a reboot process. Proposed checklist: money 1. Print a new paper currency that won't be forged in the short term, stamp it with a short term expiration date (say a year). 2. Void all previous money, all becomes worthless instantly. 3. Distribute the same sum of new currency to all persons, say 1000 units. 4. Declare a fixed sum will be taken in taxes from each person each month. 5. Start working on a high quality currency and coins. When its ready start swapping old bills for new bills. Remarks: If its not possible to carry the old coins because some people have made stashes of them (which they might if they expect the coins to retain value during an economic reboot), then the economy will have to use a less fine grained money for some time. This can be combatted a little by allowing traders to refuse trading below a certain value where the money gets too rough. Small denomination bills will reduce this problem. private wealth 1. Ask foreign nations to confiscate the wealth of all residents of the local nation, if they like they can make the previous owner a first chance at buying the valuable again at its present market value. 2. Make an assessment of all homes and other high value products, offer the current owner a first chance at buying it at present market value. companies 1. Each company not run by its original entrepreneur and larger then having 10 full time natural employees, will be presented with a choice of various democratic set ups from which it can choose: http://www.socialism.nl/law.html#majority.business 2. Businesses that reached a size from below 10 workers to above 10 under a non-starter owner are not democratized (unless employee levels were adjusted artificially with these rules in mind.) banks 1. Retail banking (checking accounts) will be nationalized. 2. Investment banking and all other financial institutions will either be removed or nationalized. 3. People who did clergy and supporting tasks keep their jobs, but financial decision makers (the gamblers) will get a job prohibition for the finance sector, unless it can clearly be proven their work was for the better to the level of it being a charitable cause. 4. New Govt controlled non-gambling investment mechanisms are to be set up if they do not yet exist. 5. Fostering the existence and emergence of private but non-gambling and socially directed investment groups with a high moral standard. land 1. When its time to sow before its settled who owns what the farmers should go ahead and sow their usual lands with their usual crops. 2. The total of the economically valuable natural resource is computed, per category, excluding mines, excluding nature reserves, excluding public roads, excluding villages and cities. 3. An estimation is made about equal economic value between the different categories. 4. The amount of economic resource is divided by the number of the population + 10%. 5. Each person that currently uses natural resources is told it can take ownership to a value computed for one person. For the rest he can negotiate with someone else but he is allowed to determine who gets to own the land he uses. The owner and user can determine a rent price for the land. Time limit to get this done can be adjusted and modified by starting with a Govt rent per used resource that rises every month, motivating users to find a cheaper rent. 6. When the time limit for user seeks owner is over the remainder of the people not having been taken up on their resource right are allowed to take whatever resource is still available. If there is a present user and a disagreement over a proposed rent contract, the user is given an additional short time period to find another owner. land below houses 1. Land below houses can be designated as land below houses, which the present person living there can claim and get up to the limits of the natural resource share for one person. 2. Buildings on land below houses do not have to be owned by people owning the land upon which it stands, owning housing land does not imply the right to clear a building that is not owned. government 1. The Government protocols for power must be set so that the Government will do the will of the people all the time. 2. The law will be changed to also codify at least the following principles: x the larger businesses not under starter control become democracies x natural resources are distributed equally x money investment for profit must be produce useful real results, not be a free market for speculative for profit money trading. -- _ _ /_\ _ _ http://www.socialism.nl sign petition for Democratic \ /v`vvv\ / Authorities Ventures Investments Demarcations /_\_#_#_/_\ constitution today: http://www.socialism.nl/petition \ / #135 http://www.xs4all.nl/~joshb/no-id-theft.html PS (March 7 2008) Line 37, private wealth, 1. "present market value": I mean: regardless of what has already been payed and how it had before been valued, a realistic new value estimate to be payed in full. See also msg 84, 128.