The following was seen on page ten of the RhyDin Post, Monday, March the first.
http://i738.photobucket.com/albums/xx21/dfenner_photo/75546615.jpg Senior Columnist: Madu Adeniji
A Bartering Bricolage: RhyDin's Idea of a Successful Economy March 1, 2010
Franklin D. Roosevelt, a prevalent politician back on Earth, said, "We have always known that heedless self-interest was bad morals; we now know that it is bad economics." This is an excellent observation' in theory. But when it comes to a technological and interversal hodgepodge of consumers driving a hardy economy such as RhyDin's, one is left to wonder exactly how this odd part of the universe stays afloat. Sure, a supervising body has bitten and has patronized the RhyDin citizenry with some vague excuse for a democratic system of government, but political mandates and protocols are so lax that the economy suffers for it.
We'd like to say we live in a capitalist society, but that classification generally implies that investment and moderate taxation accompanies free enterprise. Let me break it down for you: Without investment, there is no business. And without federal taxation, publicly funded projects such as the Sanyumato Relief Fund do not exist. And let's face it: The RhyDin Business Bureau is reporting an all time low in the interest in venture capitalism in this city.
But if the "free market' here in RhyDin is supposedly so malnourished, why are we not facing some enormously grounded recession' The solution lies in some deranged mash-up of economic policies among consumers. The economy thrives not due to a methodical subsidization of local businesses, but due to what some call libertarianism, or more appropriately, what we've come to recognize as "floating money." Profits earned by suppliers are not reinvested in the economy, but rather personally used and recycled on imports. It is only logical; after all, a striking majority of RhyDin's population is made up of immigrants.
Perhaps unregulated immigration policy is part of the problem. Each new species that comes to RhyDin undoubtedly brings with it some unique assortment of technology or goods. Say Immigrant A decides to become a vendor, and sell his wares from his home planet. What happens when the demand for those products skyrocket, and he is forced to import new foreign products, rather than reverting to supplies already readily available on RhyDin" Let's face it. If an amount could be put to RhyDin's trade deficit, it would likely number in the trillions (if not more!).
Granted, the government is doing its best to maintain steady capitalist development. To the governor's credit, he does see the logic in adjusting certain taxes to promote a working economy. But the fact of the matter is domestic businesses are suffering by trying to compete with cheaper foreign imports. And while good fiscal policy can stimulate, guide or depress the economy, only capable business can create economic growth. The solution, we're sorry to say, is taxation, or at least interversal trade agreements with foreign companies.
But what is the use of taxation and formal agreements, if everyone in RhyDin is so gosh-darn generous" Back in December of 2009, a free Internet service was established overnight. Ladies and gentlemen, there is absolutely no such thing as a free lunch. Tremendously diverse and possibly dangerous kinds of information can be shared on an electronic network such as an Internet. But we are to believe that some saint set it up in good faith for RhyDin's citizens" Who is supposed to monitor a system like that to ensure the safety of its users" Who will pay those administrators" Once again, we're brought back to the urgent need for some kind of necessary investment or taxation to produce a workable modus operandi.
Many will argue the practicality of a trade agreement, and before the election of Governor Matthew Simon to office, a huge outcry against taxation was heard. Perhaps an intermediate arrangement can be reached so that everyone is happy, including RhyDin's wealthier, more successful business merchants. Starry-eyed businessmen have begun to express interest in a private stock option program. What is to stop this from becoming a full-blown stock market' Stocks equal future investments. This idea doesn't necessarily solve the problem, but it is better than doing nothing.
We're not asking for a completely communist overhaul of RhyDin's political structure. What we are asking for is that RhyDin citizens curb the reliance on "altruistic" citizens and devote a little more attention to regulated economic prosperity. A Russian novelist named Ayn Rand said, "If any civilization is to survive, it is the morality of altruism that men have to reject." After all, "by hindering ego, altruism destroys human reason."
Perhaps a little selfishness is in RhyDin's best interest. Self-interest is not equated with evil, ladies and gentlemen. If that were the case, all businessmen seeking profits would be considered immoral spawns of Satan (unless they are. Memo to self: Read the fine print.). But in all comparison, capitalism, or a competent free market in general, and baseless altruism cannot coexist. Embrace the betterment of the economy, RhyDin. Go and spend, spend, spend!
http://i738.photobucket.com/albums/xx21/dfenner_photo/75546615.jpg Senior Columnist: Madu Adeniji
A Bartering Bricolage: RhyDin's Idea of a Successful Economy March 1, 2010
Franklin D. Roosevelt, a prevalent politician back on Earth, said, "We have always known that heedless self-interest was bad morals; we now know that it is bad economics." This is an excellent observation' in theory. But when it comes to a technological and interversal hodgepodge of consumers driving a hardy economy such as RhyDin's, one is left to wonder exactly how this odd part of the universe stays afloat. Sure, a supervising body has bitten and has patronized the RhyDin citizenry with some vague excuse for a democratic system of government, but political mandates and protocols are so lax that the economy suffers for it.
We'd like to say we live in a capitalist society, but that classification generally implies that investment and moderate taxation accompanies free enterprise. Let me break it down for you: Without investment, there is no business. And without federal taxation, publicly funded projects such as the Sanyumato Relief Fund do not exist. And let's face it: The RhyDin Business Bureau is reporting an all time low in the interest in venture capitalism in this city.
But if the "free market' here in RhyDin is supposedly so malnourished, why are we not facing some enormously grounded recession' The solution lies in some deranged mash-up of economic policies among consumers. The economy thrives not due to a methodical subsidization of local businesses, but due to what some call libertarianism, or more appropriately, what we've come to recognize as "floating money." Profits earned by suppliers are not reinvested in the economy, but rather personally used and recycled on imports. It is only logical; after all, a striking majority of RhyDin's population is made up of immigrants.
Perhaps unregulated immigration policy is part of the problem. Each new species that comes to RhyDin undoubtedly brings with it some unique assortment of technology or goods. Say Immigrant A decides to become a vendor, and sell his wares from his home planet. What happens when the demand for those products skyrocket, and he is forced to import new foreign products, rather than reverting to supplies already readily available on RhyDin" Let's face it. If an amount could be put to RhyDin's trade deficit, it would likely number in the trillions (if not more!).
Granted, the government is doing its best to maintain steady capitalist development. To the governor's credit, he does see the logic in adjusting certain taxes to promote a working economy. But the fact of the matter is domestic businesses are suffering by trying to compete with cheaper foreign imports. And while good fiscal policy can stimulate, guide or depress the economy, only capable business can create economic growth. The solution, we're sorry to say, is taxation, or at least interversal trade agreements with foreign companies.
But what is the use of taxation and formal agreements, if everyone in RhyDin is so gosh-darn generous" Back in December of 2009, a free Internet service was established overnight. Ladies and gentlemen, there is absolutely no such thing as a free lunch. Tremendously diverse and possibly dangerous kinds of information can be shared on an electronic network such as an Internet. But we are to believe that some saint set it up in good faith for RhyDin's citizens" Who is supposed to monitor a system like that to ensure the safety of its users" Who will pay those administrators" Once again, we're brought back to the urgent need for some kind of necessary investment or taxation to produce a workable modus operandi.
Many will argue the practicality of a trade agreement, and before the election of Governor Matthew Simon to office, a huge outcry against taxation was heard. Perhaps an intermediate arrangement can be reached so that everyone is happy, including RhyDin's wealthier, more successful business merchants. Starry-eyed businessmen have begun to express interest in a private stock option program. What is to stop this from becoming a full-blown stock market' Stocks equal future investments. This idea doesn't necessarily solve the problem, but it is better than doing nothing.
We're not asking for a completely communist overhaul of RhyDin's political structure. What we are asking for is that RhyDin citizens curb the reliance on "altruistic" citizens and devote a little more attention to regulated economic prosperity. A Russian novelist named Ayn Rand said, "If any civilization is to survive, it is the morality of altruism that men have to reject." After all, "by hindering ego, altruism destroys human reason."
Perhaps a little selfishness is in RhyDin's best interest. Self-interest is not equated with evil, ladies and gentlemen. If that were the case, all businessmen seeking profits would be considered immoral spawns of Satan (unless they are. Memo to self: Read the fine print.). But in all comparison, capitalism, or a competent free market in general, and baseless altruism cannot coexist. Embrace the betterment of the economy, RhyDin. Go and spend, spend, spend!