RE: [SOCIAL CREDIT] Messages: Wally agrees with Vic.
I would certainly concur. One does not wish to load the site with unnecessary text, but it would be most helpful if conrtibutors and their messages were clearly connected so that one knows what one is replying to without having to do a long historical search. Sincerely Wally Victor Bridger wrote: Hi Bill, The manner of posting messages and replies by some people leave much to be desired. As the subject of Social Credit is difficult enough to get across it makes it even more difficult when respondents do not quote a previous writer correctly even if only in part. Also the manner in which responses are posted leads to confusion as to who said what. Would it be possible to request that all participants who wish to respond to another, preface the quote in inverted commas, with the name or initial of the person who made the comment. They can then respond by putting their name or initial before their response. I have attempted to do this but some appear to be tied to the old fashioned use of - On 3 March Victor Bridger wrote - without a follow up of what was written. Also the old fashioned use of and not only does lead to confusion but takes longer to decipher who said what in response to what. I have so many emails to read that I sometimes just delete anything which is likely to consume time and I find that in my haste to respond I am prone to many typographical errors. Regards, Vic ==^ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^
Re: [SOCIAL CREDIT] Policy of a Philosophy_H G Wells
Keith Wilde wrote: ... The point I wish to make here is that Wells attempted to conform his social philosophy to a realistic view of human nature, to a perspective of humankind as a product of biological evolution rather than as a fallen race of angels. What I am wary of when I hear that Social Credit is a Christian philosophy is that it may embrace the latter idea with a concomitant view of human perfectibility. As I read the following summary by Curtiss, it does not embrace this interpretation of Wells which, I believe, clearly demarcates him (Wells) from Douglas' attitudes. ... Dear Keith, It is a pleasure to discuss Wells with you. Soon, but not now, I'll unearth Work, Wealth and Happiness and give it its due. (many boxes in the attic :) Yes, the Outline of History was first serialized, and I have a set here, too. *** I pulled out (above) what I thought was the heart of the matter. [you also talked about Wells journey and, in particular, how his last works turned sour. Let me commend an earlier (1906) utopian short story -- In the Days of the Comet -- it can be had here for $12 plus ship -- http://search.barnesandnoble.com/booksearch/results.asp?WRD=Wells+cometuserid=51HHYPRRNK [rejoin if link gets broken] In this story Wells has the gases of the comet, brushing the earth, transforming mankind, removing hate, etc. It is perhaps Wells at his highest level of optimism for the future -- despite omenous German ironclads seen off shore (imagine, this was written eight years before WWI). ] Wells, as you note, does have a realistic view of human nature. He understood the political process but also saw it to be corrupt, too. He was always a strong proponent for a world government -- and, perhaps, the UN comes closest to that dream. Regards, Curtiss P.S. I have about 30 of his novels/stories in digital format. They range in size from 200K for the Time Machine and 800K for Tono Bungay. If anyone is interested I'll e-mail one to you: Ann Veronica - A Modern Love story God The Invisible King Secret Places of the Heart Soul of a Bishop The Door in the Wall - and Other Stories The First Men In The Moon The Island of Doctor Moreau The New Machiavelli The Research Magnificent The Time Machine The War in the Air The War of the Worlds The World Set Free Tono Bungay Twelve Stories and a Dream War and the future - Italy France and Britain at war Wheels of Chance - a Bicycling Idyll When the Sleeper Wakes -- W. Curtiss Priest, Director, CITS Research Affiliate, Culture Media, MIT Center for Information, Technology Society 466 Pleasant St., Melrose, MA 02176 781-662-4044 [EMAIL PROTECTED] http://Cybertrails.org ==^ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^
[SOCIAL CREDIT] Keynes' D1 + D2
From Keynes' book *The General Theory*: When employment increases, D1 will increase, but not by so much as D; since when our income increases our consumption increases also, but not by so much. The key to our practical problem is to be found in this psychological law. For it follows from this that the greater the volume of employment the greater will be the gap between the aggregate supply price (Z) of the corresponding output and the sum (D1) which the entrepreneurs can expect to get back out of the expenditure of consumers. Hence, if there is no change in the propensity to consume, employment cannot increase, unless at the same time D2 is increasing so as to fill the increasing gap between Z and D1... -- Effective demand is the sum of D1 and D2 in Keynes' schema: D = D1 + D2. Because of the psychological law, the ratio of D is increasing to D1. This may be the only paragraph in *The General Theory* where Keynes specifically refers to change through time with an increasing gap. Now, Douglas' formulation was A + B, where B is equivalent to Keynes' D2 and Keynes' D1 is equivalent to Douglas' reflux from A. Note that, as with A + B, Keynes' formulation is in the form of a reductio ad absurdum: ...[W]hen our income increases...[from an increasing] volume of employment...[but the] employment cannot increase, unless... So the gap both logically exists yet logically cannot exist which exposes the contradiction. Douglas goes beyond this: A is consumer income and the reflux from A is effective demand. B represents payments by firms to firms and therefore enters the costs of production along with A. For effective demand to amortize the costs of production requires that the reflux from A remains proportionate to A + B through time. This is impossible in either of two cases: (1) The reflux from A is falling in respect to A; and (2) A is falling in respect to A + B. The first case results from a decreasing propensity to consume from increasing income; The second results from an increasing ratio of B to A with increasing labor displacement. The first may be compensated through retail discounts; The second may be compensated through consumer dividends; Neither of which is costed into production. _ Get 25MB, POP3, Spam Filtering with LYCOS MAIL PLUS for $19.95/year. http://login.mail.lycos.com/brandPage.shtml?pageId=plusref=lmtplus ==^ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^
Re: [SOCIAL CREDIT] Malthus, Hayek, and Douglas
At first glance the categorizations of those who produce and consume as being the capitalists and those who only consume being the workers might not be self-evident. In the orthodox taxonomy Income = Wages + Profit. It is said that capitalists produce and consume from their profit whereas workers only consume from their wages. Douglas' definition makes more sense: Income = Wages, Salaries and Dividends. -- _ Get 25MB, POP3, Spam Filtering with LYCOS MAIL PLUS for $19.95/year. http://login.mail.lycos.com/brandPage.shtml?pageId=plusref=lmtplus ==^ This email was sent to: [EMAIL PROTECTED] EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^
