[P2P-F] taxes = solidarity?

Mon Sep 26 13:52:02 CEST 2011

While under the neo-classical economic fiction taxes are required to  
support infrastructure. In actual practice taxation is primarily a way to  
control the accumulation of wealth, that the US tax code should return to  
being more progressive and leveling is a small step toward reality.  
Expenditures by a sovereign government with a sovereign government, ie not  
the the current participants in the European Monetary Union, hence the  
impending defaults on sovereign debt acquired under a non-sovereign  
currency, the Euro. The is no real or practical impediment to sovereign  
governments with a sovereign currency to attach sovereign budgets to  
taxation revenues.

I know that this is confusing to most people, and this is a downstream  
effect of being trapped in the neo-classical economic twilight zone.  
Soooo, taxes only represent "solidarity" within that same neo-classical  
zone. Given the effects of corporate capture there is no guarantee that  
such "revenue" will be spent for infrastructure a'la commons elements. The  
MMT paradigm operates as a commons without taxation being fused to the use  
of revenues for infrastructure budgeting. There is a huge difference  
between sovereign deficits and sovereign debt under a sovereign currency,a  
nd controlled by a sovereign government. The proof is in how the collected  
taxes are tallied, and then deleted as digital units. This is the reality  
of reserve accounting as it is current abused by the central banking  
cartels. MMT simply adopts the real time, real practice as a sovereign  
process.

Yes, Elizabeth Warren is a positive example, and she is primarily an  
academic. How she will do in the rough and tumble of corporatist politics  
is another. She may have to significantly dumb herself down to even be  
understood at the level of the current political posturing here. If she  
acquires some political traction, all the better, and she needs to be a  
transition figure toward establishing sovereign economies as commons. This  
principle will then more easily transfer, I would suppose, to jointly  
cooperating with other countries to operate within a global commons  
engagement.

One of my main points relative to the CRX as a educational process, is to  
create a learning environments so that people can directly experience the  
difference between a debt/credit based currency compared to a asset,  
commons, bases currency. Until then the fiction of neo-classical and a  
privatized currency will be supposed to be reality, while the actual  
practices under sovereign and democratic
commons are considered to be fictions. Reversing course and departing the  
looking glass, "off with their heads," zone.

in appreciation, Tadit

On Mon, 26 Sep 2011 06:59:33 -0400, Michel Bauwens  
<michel at p2pfoundation.net> wrote:

>  *Friday, September 23, 2011*
> *Elizabeth Warren Puts the Kibosh on GOP
> *<http://www.alternet.org/newsandviews/article/669655/elizabeth_warren_puts_the_kibosh_on_gop%27s_%22class_warfare%22%3A_nobody_in_this_country_got_rich_on_his_own%22/#paragraph7>
> SARAH SELTZER - AlterNet
> *I do not know anyone else in public life who makes the central points  
> more
> clearly, or who represents compassionate life-affirming policies more
> effectively. I have donated to this woman's campaign and I urge you to do
> the same. This is the kind of public servant we need in the Congress.*
> Newly-announced senate candidate Elizabeth Warren is proving her  
> progressive
> street cred on her "talking tour" with powerful and sensible talking  
> points
> on the usefulness of government in people's lives. She's doing the  
> activists
> who petitioned for her entrance in the race proud.
>
> Would that all Democrats could be this feisty!
>
> Here's a transcript, via rumproast:
>
> I hear all this, you know, 'Well, this is class warfare, this is
> whatever.”-No!
>
> There is nobody in this country who got rich on his own. Nobody.
>
> You built a factory out there-good for you! But I want to be clear.
>
> You moved your goods to market on the roads the rest of us paid for.
>
> You hired workers the rest of us paid to educate.
>
> You were safe in your factory because of police forces and fire forces  
> that
> the rest of us paid for.
>
> You didn’t have to worry that maurauding bands would come and seize
> everything at your factory, and hire someone to protect against this,
> because of the work the rest of us did.
>
> Now look, you built a factory and it turned into something terrific, or a
> great idea-God bless. Keep a big hunk of it.
>
> But part of the underlying social contract is you take a hunk of that and
> pay forward for the next kid who comes along.