Author Topic: Successful Economy Info  (Read 72 times)

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Successful Economy Info
« on: December 30, 2014, 01:02:59 am »
Successful Economics
The next link discusses the criteria for a successful economic system and proposes that the Mondragon system is among the best proven successes, while the similar ESOPs (Employee Stock Ownership Plans) are also very successful. The website has other info on Mondragon etc too.
http://www.progressiveliving.org/economics_frameset.htm

Job Guarantee
The next article link discusses MMT's (Modern Money Theory's) Job Guarantee program, which would permit local non-profits and members of the community and the unemployed to make grant proposals for any government to pay non-profits to hire the unemployed to do local work requested by the community.
http://neweconomicperspectives.org/2012/02/alternative-fiscal-policies-why-job.html

I also read on the MMT website that the Job Guarantee (JG) program would work with any govt, even local govt. I had previously thought that it should be possible for any city or county govt, which are mostly all corporations, to include similar Job Guarantees in its bylaws or constitution. But, after reading about MMT's JG idea, I thought that might be better to try first. If it were successful, the local govt might be persuaded to write it into the bylaws.

National Debt = Public Assets
MMT also says the national debt is not a problem now or in the future, since govt debt is assets for the non-govt sectors. Economist Michael Hudson pointed out that the economy did poorly under Clinton, when the national debt was greatly reduced, and that Germany's hyperinflation period was not due to internal problems of printing money, but to external regulation of Germany's economy.

Highlights of MODERN MONEY THEORY: THE BASICS
http://forum.freestateproject.org/index.php?topic=18325.msg295354#msg295354

Michael Hudson — No to currency slavery
http://mikenormaneconomics.blogspot.com/2014/07/michael-hudson-no-to-currency-slavery.html

Mike Norman Economics
An MMT site bringing you dogma-free economics without the pleadings of self interest
Dylan Matthews — A guaranteed income for every American would eliminate poverty — and it wouldn't destroy the economy
http://www.vox.com/2014/7/23/5925041/guaranteed-income-basic-poverty-gobry-labor-supply

Toward Greater Economic Equality
Wealth is power and everyone who can deserves to have fairly equal power, but not via abuse of power.
This explains a way to increase economic equality properly.
http://neweconomicperspectives.org/2014/10/equality-mmt-real-fiscal-responsibility-re-inventing-democracy.html
« Last Edit: January 02, 2015, 07:03:35 pm by Admin »

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