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THE PUBLIC SCHOOL SYSTEM: What Your Property Taxes Buy


Everyone loves the public school system, especially THEIR public schools.

And the idea of the state educating the citizenry so that all Americans are smarter and more-fully informed -- wow, what a great idea! "No kid left behind" -- the creation of “perfect citizens” in a mass-assembly plant even Henry Ford would admire. What could be more socially responsible, more supportive of the "general welfare" stipulated in the U.S. Constitution and originated by Rousseau.

Yes, the public school system sounds like a great idea on the surface, but let's take a closer look at what your PROPERTY TAXES are actually buying. An analogy may serve the point:

Let's say the WALMART CORPORATION decides to take up the mantle of public education. Now all public school education will be paid for by WALMART. Finally, no more government-sponsored public schools.

So at WALMART HIGH, what do you think they will teach?

They will teach that NAFTA, GATT and TPP are great trade deals. They will teach that Communist Chinese slave workers are far better than American workers, AND much cheaper. They will teach the WALMART work ethic: "screw the workers whenever possible and allocate the profits to top management."
Will pictures of Jefferson and Washington, or other presidents of the United States, be on the walls at WALMART HIGH? Of course not, who are these guys compared to members of the Walmart Family who were instrumental in founding the WALMART CORPORATION.

And will there be any religious symbols -- like Buddha, Jesus or a "nativity scene" -- displayed at WALMART HIGH? Of course not, the only symbol that will be displayed will be an 8-foot statue of a golden $ in the lobby of every school.

Yes, the kids that graduate from WALMART HIGH will be the perfect little consumers -- each programmed to pull out their wallets and credit cards at the drop of an impulse. Each programmed to build yet more WALMARTS across the nation instead of anything resembling a dirty, old FACTORY.

Finally America's kids will be properly educated in free-market, capitalist principles at the WALMART HIGH SCHOOLS across the nation. These will truly "Make America Great!

And this is exactly what your property taxes are paying for right now at the public schools across the nation. America's kids are being properly cloned upon socialist, Marxist, principles that ensure an ever expanding state through a program of endless welfare and warfare, all paid for by fiat currency and academic ignorance.

Yes, WALMART HIGH is alive and well, only it's called GOVERNMENT HIGH. So forget about private school, charter school or home school, go get that public school diploma kids -- it's "free."

But is it? If the state taxes citizens to pay for GOVERNMENT HIGH don’t you and I have to pay for it, even if we have no kids. Even if our kids have graduated, attend private school or are homeschooled.

To find out what the deal is, this author decided to call the property tax office of T/E Township in Pennsylvania. When one of the bureaucrats came on the line, I asked her what the property tax goes to and she said "most of it's for the schools."

So I asked her: "Why am I paying you guys $6,645 every year when I don't have any kids in the schools?"

She said, "Because the tax is based on property ownership."

So I said, "Well what about people who send their kids to private school, homeschool or don't have kids, why should they have to pay for government services that are not needed or rendered just because they are property owners?

She said: "Well it's based on property ownership so if people don't want to pay the school tax, they can rent property. So I said: "Well isn't a major part of the American Dream to own a home? Why should a person have to rent, forego the American Dream, just because they don't want to pay a tax for some government service they are not even receiving?"

She reiterated, "Well the T/E School Tax is based on property ownership." So I said, "Well since the tax laws are being changed right now by the Trump Administration, maybe citizens should take a look at this area of property taxes too. It does not seem fair that citizens have to pay for government services that they aren't receiving." To this she had no response except to increase my School Tax bill by the usurious sum of $400 for late payment.

Apologists of School Tax theft will argue that the citizen is paying to educate other people's kids because those kids will benefit society. But do they? Author David Toney has this to say:

"Public schools are expensive and inefficient at best, they are designed to produce cookie-cutter results, an obedient class of citizens who are just smart enough to perform useful tasks, but have little or no critical thinking skills. Public schools crush the spirit, the natural curiosity and love of learning that all children start out with. It's time to reevaluate the whole system, not to mention the entire rational of having a collective responsibility to pay for things that only others use. In this information age the world is at our fingertips and if children are allowed to fully immerse themselves in to each subject, when they ready, they will learn and retain so much more. Learning to read is really the only skill anyone needs to learn, after that it is "off to the races." I learned more reading on my own than I ever learned in public school."

So the School Tax pays to educate other people's kids in the public schools because those kids will benefit society. But if parents spend often substantial sums to educate their kids at private school, aren't their kids going to benefit society just as much -- or does a kid have to be "educated" at a government school before s/he is considered a "benefit" to society?

And what about homeschoolers? Shouldn't homeschooling parents get to keep the money they are forced to spend to educate other people kids for their own kids? Why should kids at a public school take priority over kids educated at home or in private school?

And lastly, what about parents that have paid the School Tax for years and now their kids have graduated? Why should they still have to pay school taxes when their kids are out of the system and they have already chipped in sometimes hundreds of thousands of dollars to educate kids.

As long as the Trump Administration is taking a look at the tax system at the federal level, maybe it's high time we take a look at the tax system at the state and local levels.

After all, as the old saying goes, “most of the action takes place at the local level.” And true enough, for some of the highest taxes are paid at the local levels so addressing just the federal level is a red herring because everyone's attention is usually placed at the federal level. Federal taxes are changed but the most usurious and antiquated taxes imposed by state and local authorities fall between the cracks. They never change, but constantly creep up.

For instance, look at the ridiculous 11% tax people who live in New York City have to pay, 4.7% to the city and 6.5% to the state. Look at the PA Inheritance tax -- better known as the “death tax”. It’s 4% of your assets and there are no deductions or tax credits. That’s right, Pennsylvania and many states, steal 4% of your gross assets even after you are DEAD. This intervention by the state often forces bereaved families to sell a house that has been in the family for decades just to pay the death tax. Often one family member doesn’t want to sell the family home -- or farm, or business -- and another does. The Inheritance tax imposed by the state thus CAUSES thousands, if not millions, of families across the nation to quarrel and fight, often with irreconcilable damage to brothers, sisters, sons, daughters and others in the Family Unit.

Karl Marx would be proud, for nothing destroys a capitalist society and its middle class faster and more effectively than to break up Family Units and force them into dependency upon the state.

So, Property Taxes -- and the School Tax -- are just one aspect of the overall rape and pillage tax system WE THE PEOPLE are suffering under.

It's high time ALL OF THE GOVERNMENTS that force us to pay taxes to are placed into serious review and cut back to a size advised by the Founding Fathers. Our tax burden today is way higher than the Boston Tea Party days so a peaceful tax revolt is way over due.

Watch two documentary films to get a better idea how we arrived at this point of excessive taxation, over-sized, socialist government and an unsustainable national debt of over $20 trillion. The first film is called CULTURAL MARXISM and the second is called SPOILER. Both can be screened as a free public service at www.HomeVideo.net or obtained on higher-quality DVD at www.MoviePubs.net Also, support our current movie project in production, GOOD GUYS WITH GUNS, such at www.Good-Guys.us


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Re: THE PUBLIC SCHOOL SYSTEM: What Your Property Taxes Buy


Thought I would add a bit of trivia.

In the USA, 'Public School' means exactly what you would assume. That is, a school that educates the general public, paid for by taxation. This, of course, is the opposite of private schools which only educate the sons and daughters of parents willing to pay extra for the privilege.

On the other hand, in England a 'public school' is the exact opposite of what it sounds like. It refers to places like Eton, which are the most exclusive private schools in the country. Goodness knows why they are called that!
12/24/2017, 2:13 am Link to this post PM Extropia DaSilva Blog
 
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Re: THE PUBLIC SCHOOL SYSTEM: What Your Property Taxes Buy


>Thought I would add a bit of trivia. In the USA, 'Public School' means exactly what you would assume. That is, a school that educates the general public, paid for by taxation.

Okay. I have no problem with the public getting educated, as long as the "education" isn't state-sponsored brainwashing. And, unfortunately, it is.

>This, of course, is the opposite of private schools which only educate the sons and daughters of parents willing to pay extra for the privilege.

Why do you say it's a privilege. The default form of education is private education. So-called public schools were only invented when slavemasters of the first industrial revolution needed workers that were taught just enough to be able to function on an assembly line.

>On the other hand, in England a 'public school' is the exact opposite of what it sounds like. It refers to places like Eton, which are the most exclusive private schools in the country. Goodness knows why they are called that!

See above.

But the issue is this: as a capitalist Extropia, do you feel it's okay for someone to have to pay for a service they don't need or get?

In other words: why the fu_ck should I have to pay for YOUR kids at "public" school when I have MY kids that home-school or private-school?! I need that extra $3,400 school tax money (what I actually PAY every fuck_ing year) for MY kids, to buy them fuc_king books, take them on fuc_king field trips, pay for fu_cking tutors and seminars, etc.


Last edited by James Jaeger, 12/27/2017, 5:11 pm
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Re: THE PUBLIC SCHOOL SYSTEM: What Your Property Taxes Buy


Why do I say it's a privilege? Because it is. Same as paying extra for the privilege of eating in a Michelin star restaurant or paying to travel first class is paying for privileges not available to those who can't or won't pay. The whole point of paying the price is to gain advantage over those who don't pay. To be privileged, in other words.

As a capitalist...

Yes, well, I am not just a capitalist. I recognise that capitalism is tremendous at creating wealth but terrible at distributing it. This is due to what happens when the driving principles of capitalism are run under the historical conditions that preceded it. As I have shown in great detail in essays like 'This Is What You Get', the driving principle of capitalism is to increase material wealth by whatever method can be gotten away with. Capitalism did not evolve on a 'blank monopoly board' where everyone is equal other than in terms of ability and luck. It evolved from systems that were deeply hierarchical, unequal and prone to kleptocracy: Chiefdoms, monarchies, empires, things like that. This means there was a very powerful minority who could use the inferior bargaining power of the masses as a means of exploitation, so that the wealth of the few increased and there was not much chance of life improving for anyone else.

This point was echoed by Pikety in his masterly analysis of capital in the 20th century. "What was the good of industrial development, what was the good of all the technological innovations, toil, and population movements if, after half a century of industrial growth, the conditions of the masses was just as miserable as before?".

This situation would never have changed had 'the masses' not organised themselves and brought about a new political system- socialism- that is capable of doing what capitalism manifestly could not: Redistribute collectively-produced wealth in order to raise prosperity levels in general and not just for the already wealthy and powerful few. That is what paying taxes is for. Yes, it can be abused but that does not refute the fact that as part of society one has a duty to pay for its upkeep.

BTW when I say socialism is capable of redistributing wealth I do not mean it is better and that we should have socialism instead of capitalism. In fact neither of them working absent of the other are capable of both creating wealth and redistributing it in an unexploitative way. The ideal system would be some combination of the two. Of course capitalist/ socialist zealots will always scapegoat 'the other' when things go wrong but that's zealots for you isn't it?
12/28/2017, 3:40 am Link to this post PM Extropia DaSilva Blog
 
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quote:

Capitalism did not evolve on a 'blank monopoly board' where everyone is equal other than in terms of ability and luck. It evolved from systems that were deeply hierarchical, unequal and prone to kleptocracy: Chiefdoms, monarchies, empires, things like that.



That's not a good description of how the modern market came about. The market is an expression of people freely trading goods and services. The kleptocracy always wants to take as much unearned wealth as it can from the people.

Capitalism grew out of markets; it did not grow out of the state. Capitalism prospered to the extent the kleptocrats left it alone. States prospered to the extent the government was limited.

Democracy is the modern form of kleptocracy. Everyone has a vote, and most vote to take from others. So government mediates and sometimes tries to limit the damage done by the masses demanding that more be taken from the productive. However, the U.S. entitlement (wealth transfer) programs are, as a matter of accounting, not sustainable.

Public education in the U.S. is the worst of all possible worlds. A government agency (public schools) provides a service to those that don't pay for it, and charges the 'rich', i.e. property owners. Public schools end up being controlled by public-sector teachers unions that elect their own to school boards. The school boards then come up with an ever increasing dollar figure to soak the rich. The school boards have the power of government behind them, and are insulated from competition and the voters. Free from market competition, they destroy more than they create.

An intermediate step to reforming schools is vouchers. A child will get his pro rata share of school spending in the form of a voucher that can be used where he chooses, be it public, private, or home schooling.

Of course, the public school teachers and socialist politicians hate vouchers.

Last edited by RedQ, 12/28/2017, 9:06 am
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Re: THE PUBLIC SCHOOL SYSTEM: What Your Property Taxes Buy


>Why do I say it's a privilege? Because it is.

I don't see it as a privilege Extropia. Just because a person has more money and can afford something different does not mean the thing they have is a privilege. Didn't they have to work extra hard for that money? How is working extra hard for money to pay for private school a privilege? It is not a privilege to have or spend money when the money is honestly acquired. What's more of a privilege is going to public school. Here the students did not lift a finger for their education yet they are give it for free. To me THESE kids are more privileged than the kid whose parents slaved to pay for his or her school.

And again, I remind you PRIVATE schools existed before PUBLIC schools. Public schools are part of the general welfare system that has been raping and pillaging this nation since Roosevelt.

>Same as paying extra for the privilege of eating in a Michelin star restaurant or paying to travel first class is paying for privileges not available to those who can't or won't pay.

Not privileges. Earned products and services. You have had your mind warped by the collectivist society all around you.

>The whole point of paying the price is to gain advantage over those who don't pay. To be privileged, in other words.

Oh, please. So if I pay a little extra to have air bags in my car I am privileged? It's more like I am smart and others are stupid. If I pay a little extra for my kids for private school, yet the neighbors send their kids to public school, maybe they're just stupid and I'm smart, not privileged.

Also, who says private school is more expensive than public school. The government-run public schools are so inefficient they cost more to operate by far than private schools. Thus it's public schools that are more expensive. This makes the people that attend them doubly stupid. Not only are they sending their kids to stupid schools they are paying excessive money for those stupid schools to exist. Is it no wonder the public school system is self-perpetuating -- it's a bunch of stupid people going to stupid schools and becoming so stupid generation after generation they can't see that it's all stupid.

>As a capitalist... Yes, well, I am not just a capitalist. I recognise that capitalism is tremendous at creating wealth but terrible at distributing it.

Good point.

>This is due to what happens when the driving principles of capitalism are run under the historical conditions that preceded it. As I have shown in great detail in essays like 'This Is What You Get', the driving principle of capitalism is to increase material wealth by whatever method can be gotten away with.

if you mean things like "externalizing various costs of production" like pollution, I agree.

>Capitalism did not evolve on a 'blank monopoly board' where everyone is equal other than in terms of ability and luck. It evolved from systems that were deeply hierarchical, unequal and prone to kleptocracy: Chiefdoms, monarchies, empires, things like that.

True, but when the Framers started the U.S. we had a pretty good start at reversing this trend until 1913 when the "bad capitalists" took over the "good capitalists" with their bogus Federal Reserve System that would go on to destroy gold and silver redemption of paper currency. This has, more than anything else, given SPECIAL PRIVILEGES (note correct use of the term) to the elite class that creates money and their cronies in big business. If privileged person A can get fiat currency at below market rates and UNpriveleged person B cannot, then the former is going to prosper and the later is going to wither.

>This means there was a very powerful minority who could use the inferior bargaining power of the masses as a means of exploitation, so that the wealth of the few increased and there was not much chance of life improving for anyone else.

Exactly. And this mainly came from fiat currency and fractional reserve banking.

>This point was echoed by Pikety in his masterly analysis of capital in the 20th century. "What was the good of industrial development, what was the good of all the technological innovations, toil, and population movements if, after half a century of industrial growth, the conditions of the masses was just as miserable as before?".

True.

>This situation would never have changed had 'the masses' not organised themselves and brought about a new political system- socialism- that is capable of doing what capitalism manifestly could not: Redistribute collectively-produced wealth in order to raise prosperity levels in general and not just for the already wealthy and powerful few.

True, but they fucked up in their endeavors, because they simply had the government come in and regulate the piss out of everything and they all adopted Keynesian economics which emphasizes governmental expenditures. This has resulted in the long-term stagation of the nation and the current $20 trillion dept. Some of the laws they put into place were good however as the rich were out of control, as they are today.

>That is what paying taxes is for.

Getting the state to steal money from the citizenry and "justifying" it as taxation is not much of a solution. The state becomes just as much of a criminal as the robber barrons.

Again, the answer is to get the state out of the business of making stupid regulations. The Glass-Owen Act that founded the Fed in 1913 was stupid.

>Yes, it can be abused but that does not refute the fact that as part of society one
has a duty to pay for its upkeep.

The individual has no duty to societal upkeep if he or she opts out. Unfortunately the governments of Earth are all in collusion with each other to deny individuals to opt out. If you don't know what I mean read a book called HOW TO BE A SUCCESSFUL TYRANT by Larkin Rose.

>BTW when I say socialism is capable of redistributing wealth I do not mean it is better and that we should have socialism instead of capitalism. In fact neither of them working absent of the other are capable of both creating wealth and redistributing it in an unexploitative way.

COMMUNISM is when the state owns both the means and fruits of production.

SOCIALISM is when the state owns the fruits of production.

CAPITALISM is when the state owns neither the means or the fruits of production.

CRONY CAPITALISM or CORPORATE FASCISM is when corporations own the means of production yet purchase control of the state to pass "laws" that enable them to also steal the fruits of production.

>The ideal system would be some combination of the two.

The ideal system would have all of the benefits of Communism, Socialism, Capitalism and Corporate Fascism but none of the liabilities of Communism, Socialism, Capitalism and Corporate Fascism if that is possible.

>Of course capitalist/ socialist zealots will always scapegoat 'the other' when things go wrong but that's zealots for you isn't it?

Right. Especially when socialists cite the deeds of crony capitalists to indict capitalism. This seems to be SOP.
 




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>That's not a good description of how the modern market came about.

Right.

>The market is an expression of people freely trading goods and services. The kleptocracy always wants to take as much unearned wealth as it can from the people.

True. I call them corporate fascists because it's more accurate. A corporate fascist is a person who uses big business to buy up congressmen who get laws passed to benefit WE THE CORPORATIONS rather than WE THE PEOPLE.
 A corporate fascists thinks corporations are people therefor their money is "speech." It doesn't get much more arrogant and disgusting than this. These people are true kleptocrats

>Capitalism grew out of markets; it did not grow out of the state.

True. However today big corporations and the state have merged their power such that the corporations are running the state through their donations to congressmen.

>Capitalism prospered to the extent the kleptocrats left it alone.

Well, to the extent they stopped buying it up.

>States prospered to the extent the government was limited.

No, the government never prospers unless it's at war and expanding. A limited government is not a prosperous government. Governments are not supposed to be prosperous or not-prosperous. They are no different that trash collectors: they perform a service no one wants to perform but society may find useful for a certain amount of time.

>Democracy is the modern form of kleptocracy. Everyone has a vote, and most vote to take from others.

This is also the flaw in democracy. As soon as the People figure out how to rob the public treasury (legally vote benefits), they will focus on voting more and benefits to themselves (robbing the treasury) until the democracy crashes. This is why ALL All democracies eventually become oligopolies.

This is why the US is NOT a democracy, but a republic.

>So government mediates and sometimes tries to limit the damage done by the masses demanding that more be taken from the productive.

The fox guarding the hen house.

>However, the U.S. entitlement (wealth transfer) programs are, as a matter of accounting, not sustainable.

Neither is the U.S. military or debt service on the national debt.

>Public education in the U.S. is the worst of all possible worlds.

See my article entitled, THE PUBLIC SCHOOL STYSTEM.

>A government agency (public schools) provides a service to those that don't pay for it,

Therefore the average public school kid wastes the education (by getting into drugs and/or girls excessively).

>and charges the 'rich', i.e. property owners.

Outdated theft, the property tax system.

>Public schools end up being controlled by public-sector teachers unions that elect their own to school boards.

Teach endless socialism and do not question the state.

>The school boards then come up with an ever increasing dollar figure to soak the rich.

The property owners. !@#$ public schools.

>The school boards have the power of government behind them, and are insulated from competition and the voters. Free from market competition, they destroy more than they create.

They have destroyed the minds of countless kids and generations. They are true slow-mo Nazis.

>An intermediate step to reforming schools is vouchers.

True.

>A child will get his pro rata share of school spending in the form of a voucher that can be used where he chooses, be it public, private, or home schooling.

And these !@#$ vouchers -- in the form of CASH -- MUST go to parents that opt to home school their kids or send them to private school or who have already paid for the !@#$ neighborhood kids while THEIR kids were going to public school. These !@#$ vultures in the townships who steal property tax money. No wonder 27% of all mass shootings are in the public schools. There is so much concentrated public hate directed towards them, the mass shootings we see are simply paroxysms of the Universe.

>Of course, the public school teachers and socialist politicians hate vouchers.

Of course. As Ron Paul says, we need choice, including the choice to bow out. See https://youtu.be/aL-HGV6WMwY


 

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On the surface Public Schools sound great -- educate all kids, give them all enlightenment, share the responsibility with society -- but when you get right down to it, public schools are really a system of mass-indoctrination.

I mean can you imagine a Public School teaching the kids that the government is WAY too large; runs on illegal fiat currency; and polices the world like some totalitarian empire? Can you imagine a Public School teaching the kids that corporate fascists have purchased Congress and cultural Marxists have infiltrated academia? Of course not.

If the First Amendment limits the state from favoring any religion, maybe the First Amendment should also limit the state from favoring any political philosophy. Unfortunately there is at least one political philosophy the state-run Public Schools will never limit, or even mention. That's the idea that Public Schools will limit freedom of expression but endlessly expand the state -- and the Public School system along with it.
12/29/2017, 6:46 pm Link to this post PM James Jaeger Blog
 
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I am sorry, but the idea that people with more money than most achieved that inequality by working 'extra hard' is utter bull***. If it were true, a person seeking out the hardest-working people in the world would meet the richest cuz, according to your theory of wealth inequality, the harder you work the richer you get. But you know what? If you were to look for the hardest working people, you would find yourself among the poorest, folk in Third-World countries going into dangerous places to do back breaking labour for less than a dollar a day.

And what about the world's richest man, that Geoff Bezos? By all accounts he is a very driven and dedicated man who has given his all to make Amazon a huge success but I really don't see how his work regime is a billion times more intense than those warehouse employees sprinting around in a desperate attempt to meet ever crazier demands, even to the point where they end up collapsing from exhaustion. They, too, give their all and collectively have done at least as much to make Amazon work. And yet they struggle to survive on the money they own while good old Geoff wallows around in a hundred billion dollars and won't even sign up to Bill Gate's pledge to do some good with all that wasted money (but his life has not been fully lived yet and maybe he intends to do something incredible with all that wealth in the future?).

Some people who don't have a lot of money strive and save up to put their kids through private education, however, and it wouldn't be fair to label those folk as 'privileged'.
12/30/2017, 2:44 am Link to this post PM Extropia DaSilva Blog
 
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>Especially when socialists cite the deeds of crony capitalists to indict capitalism.<

I don't see why 'socialists' should be singled out as particularly blameworthy. To me, this 'the left'/ 'capitalism is to blame' argument is akin to the allegory concerning the blind men with the elephant. Each correctly identify a part but are blind to the fact that it all fits together in an interdependent way.

Let's start with socialism. Mike Maloney persuasively argued that public sector work has a priority above the service they are supposed to be providing, which is to protect and expand the bureaucracy itself. Thus, the number of salaried paper-pushers seems to somehow expand. And anyone who has had dealings with social services can recite horror stories of negotiating with people who are way too relaxed about doing their job, probably because they don't have market competition keeping them on their toes. Look how crap English industries under the care of Nationalisation became. What need to innovate when the government and powerful unions guarantee your job?

But this expanding bureaucracy does not work apart from capitalism. Capitalism feeds on it and encourages its growth as a consequence of its drives. Capitalism is driven to commodify everything so that it may be sold or bought to confer advantage. It also seeks the most cost-effective commodities, those that give the greatest returns for the least investment. Given those drives, it is bound to seek out immaterial resources that aren't made of anything yet can confer advantage for oneself or disadvantage for rivals (which amounts to the same thing, really). That's why entrepreneurial capitalism that seeks to add value by making useful stuff always ends up being swamped by clever fraudsters who figure out how to add costs without increasing utility, in other words how to sell more debt, and why the referees who are supposed to be preventing cheats from prospering end up as just another commodity to be bought. The beuracrats have more 'reasons' to expand their armies of middlemen to deal with the problems of increased cronyism and market rigging, and that makes more potential commodities to be bought to further rig the system and increase cronyism.

Also, capitalists who begin as entrepreneurs are quite likely to become rent-seekers eventually. If you have the goose that lays golden eggs it probably makes a lot of sense to protect it against market competition rather than risk your capital in some bold new venture. Possibly you might justify this in selfless terms. 'It's not just in my interests. I have workers whose families depend on these jobs and I need to do what I can to protect them'. It makes sense to be all for competition and 'most innovative wins' while you are striving to be on top, but once you on top are it makes sense to be anti-competive and use your power and influence to stay put through rigging the market and having the government on your side.

Now, it could be that sometimes one side becomes too powerful to the point where the public get too disgruntled. This happened to the Left with all their unionism and nationalised industries in the 70s. The British got fed up with all the strikes and crap industries that were an insult to our pride and we voted in Thatcher who set about deregulating this and that and being much more pro-free market. Then the banks took advantage of all that deregulation to the point where we are now buried under the debt they created so now it's The City that fingers are pointing at. Maybe this seesaw of the left/ right becoming too powerful eventually reaches some kind of agreeable balance?


 
  
12/30/2017, 3:59 am Link to this post PM Extropia DaSilva Blog
 


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