20150330

Governance of a functional economy

Governance is not "Government Intervention."  Governance of a functional economy, when done honestly by the markets (industry, banks, commerce, persons ...), not gamed for profits/greed, will not require "Government Intervention" to govern the economy.  
 
A healthy meritocracy economy, in a Democracy, provides a standard bell-shape-curve distribution of wealth, benefits, and quality of life (health, education, community [indigent...affluent] ...) inclusive fairness.  Markets' stewards (C*Os, BoTs, and groups/families) fail at ethical private-sector governance when income disparities exist, as indicated by a skewed wealth-curve of income, property, community....  When markets' stewards fail at economic governance, the results are depressions, recessions, resource diaspora....  When economic failures occur, "We The People" as a Government and community must ethically act and economically intervene for the welfare of the Nation.  For US (the public-sector) this is Governance, for the private-sector this is Government intervention/interference.

Economic failure upon failures is not an issue of negatives cancelling.  All failures are debt additive, until good (Private/Public) governance can liquidate the debt.  Present private-sector pseudo-capitalism relies on Government bailouts and protectionist laws (AKA: Corporate-Welfare Laws) that prevent private-sector corrections of functional economic incompetence.  Good public-sector Governance emplaces laws that control the private-sector participation in antitrust, monopolies, fraud, bribery... activities, which cause a dysfunctional economy with contemptible private-sector debt being shifted to the public sector. 

Government economic involvement/intervention is always caused by private-sector economic failures.  When a Government is the cause of economic failure, the private-sector will move to another country; Hence, The "National Security" interest in preventing private-sector manipulation of national politics and elections is essential to good governance and stable economy.  There is not much difference between private-sector fervor and religious faith, the irrational faith/fervor dogma is circular, and participation will debase Democratic Governments.  Beware all special fervor/faith interest with resolutions and truths, because they will not have verifiable/reproducible facts and solutions.

A nation's economic model must promote socio-economic balance or risk collapse.  An unbalanced cost of living burden on labor-hands [AKA: wage-slaves] offers XYZ... benefits, under faux-capitalism.  Market advocates will unethical and amoral cheer their good fortune without concern for National Interest or the public-sector impact and resultant debt.  Wealth disparity (US, EU, global ...) is an economic functional deficiency problem.  National resources/wealth removed from circulation in an economy assures some form of capital collapse within market sectors (S&L, Tech, Housing ...).  Governance is the method required to pump money into the failed economy with hope for economic stabilization that will eventually kick-start the functionally deficient economic model.

The USA Republic initially was a timocracy-isocracy democracy mix, with a monetized agrarian-barter economy.  The USA Republic presently has a more plutocracy-timocracy democracy mix, with a flour-paper mashie economy.  The USA Republic must mature into an isocracy democracy and a capitalist meritocracy economy with the Nations' wealth circulating.  IOW: All the wealth belongs to US.  If you want to move to another country; then PLEASE, pack your bags and go.  FACT: "We The People" do not need greedy wimps whining about their economic value to US.
 
Laissez-Faire, Laissez Rôle Dés a/o Bonne Chance, are irrational and dysfunctional economic models that dishonestly removes resources from economic circulation into a few private hands.  Capitalism must be meritocracy, not aggregation, based.  Capital/resources hording has no merit in any economy, unless some folks are seeking civil unrest without consideration of historical events.

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