Globalization
Tommy PotterSocial control of investments
"Iron Curtain" for capital
Increasing the productivity of social labor (rather than "take away and divide") is a must, because otherwise transformation is meaningless. Totalitarian governance (a straitjacket for capital) is important here. Capitalists will simply be prevented from taking away their capital to enemy countries. Attempts by enemy countries to buy up valuable assets and steal technology would be prevented. A common financial and tax space would make tax evasion, making money out of nothing, and running criminal businesses (all of which are now flourishing) virtually impossible
All these restrictive measures do not preclude that more attractive business environment will be achieved. This should be facilitated by unconditional respect for property rights and a fair trial. But reform of the financial and tax systems will be necessary.
Of course, it is unrealistic to implement such changes in today's global economy. We need a "League of Democracies" and "Dictatorship of Voters"..
Continue: Citizens' Dividends
Content:
Straitjacket for Capital
Social justice and economic health
Debt & credit cycles
Financial system
Tax Reform
Globalization
Citizens' Dividends
tomy_potter@protonmail.com