RE: [SOCIAL CREDIT] Income and profits

At 04:11 PM 18/02/03 +1000, you wrote: Can anyone explain to me how profits can be distributed as income before a sale is made (price is met)? If there is insufficient purchasing power to provide effective demand, i.e. meet the prices generated in the same period of production which price

[SOCIAL CREDIT] The Optimum Policy (TOP) vs The DDotSQ

To: All Devious Defenders of the Status Quo (DDotSQ) on my copy list. Good day folks, As you know by now, TOP is a set of principles and technical requirements that defines a balanced industrial economy which is able to produce every thing its people want to produce with a minimum input of

RE: [SOCIAL CREDIT] Income and profits

Unlike Douglas' argument, there is no need for an expanding injection in the short term from either credit or exports simply to pay the minimum sustainable supply price of the product. Assuming steady state, but Douglas' argument does not assume steady

Re: [SOCIAL CREDIT] Social Credit reasoning versus General Theoryreasoning

At 02:46 PM 18/02/03 +1000, Victor Bridger wrote: Dr. Bruce R. McFarling says further: Keynes argues that the income generated by effective demand is equal to that effective demand, but that only a portion of income finances effective demand, so that the shortfall that must be made up comes

[SOCIAL CREDIT] Social Credit and Christian Philosophy/Policy

Following Wally Klinck’s suggestion, I have visited the ALOR site and carefully read Eric Butler’s 45-page essay, “Releasing Reality”. As a consequence I now understand several things that have been vaguely puzzling to me. 1. Bill Ryan’s suspicion that Louis Kelso borrowed his best ideas from

[SOCIAL CREDIT] Christian philosophy and Social Credit policy

I apologize for having hit the send button on my commentary of this morning before having noticed Victor Bridger's of Monday. = Please address return mail to me at: [EMAIL PROTECTED] __ Do you Yahoo!? Yahoo! Shopping - Send Flowers for

[SOCIAL CREDIT] profit = dividends?

This points to the difference between the Douglas and Keynes approaches to analysis. Douglas aggregates salaries, wages and dividends. Keynes aggregates salaries, wages and profits. Its not either or, is it? So-called Earned Income, which simply means income as the liabilities of firms,

Re: [SOCIAL CREDIT] Income and profits

I can see the problem. Apparently there appears to be a difficulty in language. I used the word profit. This has been translated to costs. At least there is agreement that (assuming profit is meant - not costs) profit cannot be distributed until a sale is made. I still want someone to explain how,