Flananomics

My economic theory has elements gleaned from reliable sources, and sometimes made up, and then loosely and incoherently stitched together into something I wouldn't call a system, but it falls broadly under the heading of "baroque" in the history of economic thought.

The incoherence is out of respect for and in deference to the inscrutability of economic matters. The idea is to operate on the basis of what you know and not worry about the rest. I deal only with capitalism and the new world order of incomprehensible wealth.

It really is incomprehensible and, according to one of my core tenets, serious wealth is by its nature predatory and parasitic, not to sound critical, because these are naturally occurring roles and functions. It is normal for predators and parasites to take out weak individuals.

But not entire species, such as the middle class, destabilizing everything and resulting in systemic collapse, in which case everyone is harmed, even the wealthy. This kind of extreme wealth, called "serious" with intentional ambiguity, is impossible without prey.

The wealthy class must be protected from itself by very high marginal tax rates which, it turns out, are objectively "fair" because individuals are incapable of creating this wealth. In the physics of economics it is impossible. Wealth is created by societies, not individuals.

Wealth is a systemic and social function. Natural resources, in particular, are reasonably claimed by everyone, all individuals. Subject to sustainability, that is, in a society that is not suicidal or dominated by religious fanatics and other lunatics with a yen for destruction.

Those people are not irrational, only insane, and should be quarantined. Economies should function as ecosystems. Prejudicially, prey is regarded as a lower element in the system, though all elements have a necessary and natural place. Wealth is the product of socialism.

It is redistributive in the opposite of the way in which the term is usually used, in the moving of rewards upward in the system as a subsidy and the granting of privilege with respect to natural resources, as though everyone does not have an equal claim on these.

 

Depriving someone of a fair share of the productive output of a society is disenfranchisement, reducing citizens to serfs, slaves and the spoils of economic warfare. In American this is a violation of our inalienable rights, granted by God and society.