Friday, September 24, 2010

naïve and sentimental agencies of control (2)

In a way, I am mocking professional economists who do not get that their work is as arbitrary, and as unscientific, as the whole Springtime for Germany scene. But I still ought to be able to define my terms reasonably exactly:

An agency of control is the agency responsible for making decisions about the supply of resources,

e.g.: workers, industrial capitalists, landlords, bankers, parliament.

A sentimental agency of control has cognisance over the operations that generate its net income, and can alter those operations in order to maximise that income. This ought to include claims that are necessarily claims on surplus production,

e.g.: capitalists claiming profit, workers claiming wages, and the government imposing taxes on profits, capital gains, and high incomes.

A naïve agency of control does not have cognisance over the operations that generate its income, and can only attempt to claim income arbitrarily, thereby either fortuitously making a succesful para-sentimental claim, or causing unemployment of people or capital,

e.g.: landlords claiming rent, banks profiting from inflation, goverment imposing taxes on necessary consumption or poll taxes.

The point is, that an argument about the naïvety of the administration of a country is not just an argument about the naïvety of its tax system, but needs to take into account the structure of property, and the banking system, and their claims on production.

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