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Economic Theory?

Discussion in 'Off-Topic' started by axeil, Apr 16, 2005.

  1. axeil

    axeil Diabloii.Net Member

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    Economic Theory?

    I was sitting in Psych the other day and a thought occured to me. Capitalism is based on the transfer of goods and services for something, whether that something is money or another good or service. But the system becomes inefficient when people save extensively and spend very little. So I thought of an idea.

    Suppose an economic system in which the populace was somehow made to spend X% of their income on goods and services. Would such a system put more money into everyone's pocket than standard Capitalism does? Does it have too much state control like Communism/Socialism/Mercantalism?

    Thoughts/Questions welcome, but be warned I haven't really thought of much beyond the basic tenets of the system.
     
  2. IDupedInMyPants

    IDupedInMyPants Banned

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    It sounds to me like you've basically just described a system of taxation.
     
  3. Hippie Holocost

    Hippie Holocost Diabloii.Net Member

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    The difference being that the money being taxed would go straight to the private sector, and he would gain something from it.

    It sounds good in theory but in reality it would look kind of silly in my opinoin. "Sorry bob, I can't go out and party tonight, the government told me to buy 75 dollars worth of toilet paper and gummi bears."

    Nice thought though...
     
  4. DrunkCajun

    DrunkCajun Banned

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    Where do you think tax money goes?

    The government hires people to do work. Those people take their paychecks home and spend them.

    The government hires some company to make some crap they think they need because the Air Force likes new shiny toys. Some private company like Boeing makes it and a bunch of private citizens take their paychecks home and spend them.

    The government spends on education, hiring some company to build schools and hiring teachers to teach, who in turn take their paychecks home and buy stuff.

    Hippie, you seem to be of the mind that tax money is blown to the wind. How the hell do you think we're gonna keep you in a uniform and pay your salary when you go off into the Army? With your tax dollars. The roads you take to the base? Your tax dollars. The base? Your tax dollars.
     
  5. Vae Victus

    Vae Victus Diabloii.Net Member

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    It's not very nice to rub it in our face that it's our tax dollars, as if we have something to do with it. I'm just some poor slob who the government robs once a week because I can't do anything about it. :uhhuh:

    Roads, medicine, those things would all be lovely. But I don't care too much about bombing some country I've never heard. And I don't get any medicine for free... and all the roads around here suck... just nothing I can do about it. :p
     
  6. DrunkCajun

    DrunkCajun Banned

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    Voting. Democracy, that whole thing, you know? Go out and support a candidate, get involved in local politics if you're concerned about roads. You'd be surprised how easy it is to make an impact on local politics if you try.
     
  7. IDupedInMyPants

    IDupedInMyPants Banned

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    I didn't mean that to sound as ****ty as I'm starting to think it probably did, just so you know. For what it's worth, I think taxation does help not just the economy but the entire nation out (a lot of people forget that an economy is just one of several institutions that make up a society, but that's another discussion).
     
  8. Vae Victus

    Vae Victus Diabloii.Net Member

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    Just for the sake of argument, could you name something you've changed in local politics? Or any politics, really. No need to be specific about one region, eh? :p

    Have you gotten a bill passed, gotten a traffic sign changed/put up, anything like that?
     
  9. DrunkCajun

    DrunkCajun Banned

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    Sure. A friend and I started a push at my college, Skidmore, when I was there, to register as many students as we could to vote.

    In the next election, our district was instrumental in electing the first Democratic city council in almost a century.
     
  10. IDupedInMyPants

    IDupedInMyPants Banned

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    I used my student senate connections to score a bigger travel grant for my classes in Mexico this summer. Scandal!
     
  11. Hippie Holocost

    Hippie Holocost Diabloii.Net Member

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    Not exactly, I believe that the priorities of the government are skewed and not proportioned right.
     
  12. Vae Victus

    Vae Victus Diabloii.Net Member

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    Ah... well, I don't care for Democrats or Republicans, but I'm sure that even a cynic like myself would consider things slightly improved overall. (I couldn't find any information on your college, what the city council in that area does, etc., I'm just assuming.)

    I'll be the first to admit it, I have a terrble "all-or-nothing" complex to me, and when I realized I couldn't stop all forms of oppression, my mindset slowly shifted over to the "well, fu** it then" perspective. Maybe symbolic little acts like picking the better of two Repub-locrats can someday have a bigger effect on the world... call me cynical, but I don't think so. But congratulations at the very least, every time a Republican loses office I get a little spring in my step.

    Now if you would've gotten a third-party, non-corporate-agenda into office, then you would've had a convert on your hands. :D
     
  13. Steve_Kow

    Steve_Kow Banned

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    We are obligated to spend a certain percentage of our money--in a practical sense. Every month I have to pay my mortgage which includes money to the bank, local taxes, and insurance. I have to pay for my utilities, I have to buy gas for my car, I have to buy food to eat et.c.

    Trust me--it isn't practically possible for someone to not spend money.
     
  14. piff

    piff Diabloii.Net Member

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    Not only does some tax money go to government programs which ends up in the private pocket anyway, but 2/3 of all tax dollars goes to entitlements. That means about 20% of our paycheck is going to give the elderly an income, help the impoverished with doctor visits, ect. Only 1/3 of our tax money goes to defense, education, and the rest of the government.
     
  15. Stoutwood

    Stoutwood Diabloii.Net Member

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    Vote Libertarian.
     
  16. axeil

    axeil Diabloii.Net Member

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    Hmm...

    Well this thread got hijacked but it's cool; finally a debate in the OTF not centered on calling each other names for being a Republican/Democrat.
     
  17. AeroJonesy

    AeroJonesy Diabloii.Net Member

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    I didn't think the thread was hijacked. Part of a capitalist system is being able to do whatever you want with your money. I think it's unfair for the government to require anyone to spend X amount of money (above and beyond taxes). Costs aren't nicely spread out. Sometimes you get hit by a mountain of stuff at once, and it's nice to be able to have saved money beforehand so you can get through. Imagine if you got a $1000 a month, with the stipulation you were required to spend $100. If you want to buy something that costs $3000, you would have to save for 4 months instead of 3. I know that's sort of an awkward example, but the people should have the right to do whatever they want with their money.

    Take for instance the elderly who are living on a fixed income. If you own your own house, and don't have a vehicle, all you have to pay is utilities and food, and for one or two people living in a small house, that might not amount to very much, especially in the springtime when there's often no need for heating or air conditioning. Their money is probably put to better use saving up for medicine or surgery or something that might be needed in the future.
     
  18. Nastie_Bowie

    Nastie_Bowie Banned

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    This is a good thing?

    Not something I would be proud of.
     
  19. Ash Housewares

    Ash Housewares Diabloii.Net Member

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    proud to be a troll?
     
  20. Nastie_Bowie

    Nastie_Bowie Banned

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    Wallowing in your arrogant ignorance, yet again.

    Forgive me for not being specific.

    Voting for a candidate just because of party affiliation is not something to be proud of.

    Sounds to me like getting the "Evil Republicans" replaced by the "Uber Godly Democrats" to me. What about voting for a candidate on his/her individual qualities, stand on issues, etc.?

    Most college kids are more interested in getting drunk/high/laid, and don't have a clue, yet, as to the ways of the world. While thay may feel that they know it all, they don't. Most have a "pie in the sky" attitude about politics, not to mention the fact that most college proffessors are raging lefties. It takes a number of years of life's experiences to make an intelligent decision with respect to politics, imnsho.

    So, stick that in yer pipe and smoke it!
     

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