Eliminating rent and property taxes for a business is a huge step in making it possible for a business to 'sell low.' Now all that are needed are the machines, raw materials and labor to produce the products. By maintaining low profit margins, products can move to one side of the world to the other without a significant price change. That is the key difference between a trade-driven system and a profit-driven system. With profit, the imbalance grows the more people who touch the product. With a trade system, many hands make light work.
Ending the sales tax eliminates the false competition of places like Amazon with local stores, or cross-border state competition, but a lot of fault actually lies with manufactures who sell to distributors at different prices. For example, by giving Wal-Mart a better price, the manufacturer creates a self-fulling condition that Wal-Mart will be its largest customer. Two businesses selling the same product, and working on the same profit margin, will have a pricing disparity because of the manufacturer's favor. The solution to this is to make any business classified as a manufacturer to sell the same product to everyone at the same price, including delivery. Utilities can be distributed for free on a quota system. These change captures the entire market except for food and labor.
The idiocy of copyright and patent protections needs to be abolished. Ideas and inventions needs to be shared freely, not artificially constrained. The creator has no need to fear for his financial future.
The reward for labor is a huge problem. The gap between the highest and lowest within a business is too large. That needs to be regulated to be no more than a fixed ratio, perhaps 3:1 in a small business and 10:1 for a large corporation.
Ideally, however, it should be 1:1. There is no need to generate profit, there is only a need to generate value. If everyone were given a $1000 at birth, they could conceivably have more money than they could spend in their lifetime.
Pricing as we know it could be drastically different. We have seen this just in our lifetime. The cost of tuition and room and board at my college was $6000, today it is over $60,000. Same buildings, same location, same food. What changed? Thirty years of compounding inflation, homelessness, joblessness, gangs, corruption and pollution. What did I learn? The universities are setting the worst examples of how to handle money. What they and others are doing is not stewardship, but a corruption of our hopes and dreams. The ends and the means are incongruent.
Universities not only teach 'buy low-sell high' but created hedge funds and many other forms of money manipulation. These institutions exist at the grace of the taxpayer. Their hoards of wealth invested in Wall Street are destroying our community both by example and by accounting. Many universities pre-date government and many were funded by the original wealth of tea-trading corporations that subdued and exploited the planet. We need to purge contradictions at their source. In ourselves first, but also in our institutions: government, business and non-profits.
Liberty
By eliminating inflation, all of the good ideas that people have can be fully implemented. It will not be necessary to hold fund-raisers to cure cancer; just build the labs and train the scientists. Business do not need to compete, or struggle with rising prices from suppliers. It is the work that has the value, not the price assigned to it.
There is no need for people to be worrying about retirement or healthcare. Just build the hospitals and staff them. Pay the same pension to everyone who reaches a certain age. Stop preying on the next generation by charging them interest. Banking becomes a provided service that we pay for. No more free checking, and no more interest on loans. It is a good tradeoff.
We can have war, destruction, inequality and pollution, or we can have peace, prosperity, equality and stability. The choice is ours to make: Fascism or commonwealth?
Personal Responsibility
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