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Obama seems determined to follow policies better suited to freezing the economy in place than to promoting economic growth. Higher taxes on high earners, for one. He told Charlie Gibson he would raise capital gains taxes even if that reduced revenue: less wealth to spread around, but at least the rich wouldn't have it -- reminiscent of the Puritan sumptuary laws that prohibited the wearing of silk. Moves toward protectionism like Hoover's (Roosevelt had the good sense to promote free trade). National health insurance that threatens to lead to rationing and to stifle innovation. Promoting unionization by abolishing secret ballot union elections.
The impulse to social engineering is unmistakable. Government officials will allocate resources, redistribute income, and ration good and services. Use government stakes in banks, insurance companies and Detroit auto manufacturers to maintain the position of those already in place, at the cost of preventing the emergence of new enterprises that might have been spawned by the capital being allocated.
Social engineering of course is far easier when you are dealing with an economy that is frozen in place. It's harder when you have to deal with the creative destruction, the emergence of new firms and businesses, and the decline of old ones, which as Joseph Schumpeter taught is the inevitable consequence of economic growth.
Mr. Sarkozy said his government will increase to 330,000 the number of subsidized job contracts it will finance in 2009. The figure is 100,000 more than originally proposed. He also warned employers not to use the crisis as a cover for shedding workers: "I won't tolerate any cynical or opportunistic strategies," he said in a speech, pointing to "those who might use the current crisis to justify reducing production and jobs."
2. The Anatomy of Legislation
The fictional politics in Atlas Shrugged is pure public choice. Each piece of legislation has the following components:
1. A public-interest rationale.
2. Supportive interest groups with a hidden financial agenda.
3. Negative consequences for the general public.
The Equalization of Opportunity Bill forbids any person or corporation to own more than one business concern. The public-interest rationales overflow :
The editorial said that at a time of dwindling production, shrinking markets and vanishing opportunities to make a living, it was unfair to let one man hoard several business enterprises, while others had none; it was destructive to let a few corner all the resources, leaving others no chance; competition was essential to society, and it was society's duty to see that no competitor ever rose beyond the range of anybody who wanted to compete with him . (p.127)
Some twenty thousand years in the future, the human race has scattered throughout the known universe and populated countless planetary systems ruled by aristocratic royal houses who answer to the universal ruler, the Padishah Emperor Shaddam IV. Science and technology have evolved far beyond that of our own time despite the prohibition of computers and artificial intelligence, and humans called Mentats with highly-evolved minds perform the functions of computers. The CHOAM corporation is the major underpinning of the Imperial economy, with shares and directorships determining each House's income and financial leverage. Key is the control of the desert planet Arrakis, the only source of the valuable spice melange, which gives those who ingest it extended life and prescient awareness. Melange is crucial as it enables space travel, which the Spacing Guild monopolizes. Navigators use the spice melange to safely plot a course for the Guild's heighliner ships via prescience using "foldspace" technology, which allows instantaneous travel to anywhere in the universe.
The spice is also crucial to the powerful matriarchal order called the Bene Gesserit, whose main priority is to preserve and advance the human race. The secretive Bene Gesserit, often referred to as "witches," possess mental and physical powers developed through conditioning called prana-bindu training.
A Bene Gesserit acolyte becomes a full Reverend Mother by undergoing a perilous ritual known as the spice agony, in which she ingests an otherwise lethal dose of an awareness spectrum narcotic and must render it harmless internally. Surviving the ordeal unlocks her Other Memory, the ego and memories of all her female ancestors. A Reverend Mother is warned to avoid the place in her consciousness that is occupied by the genetic memory of her male ancestors, referred to as "the place we cannot look." In light of this, the Bene Gesserit have a secret, millennia-old breeding program, the goal of which is to produce a male equivalent of a Bene Gesserit whom they call the Kwisatz Haderach. This individual would not only be able to survive the spice agony and access the masculine avenues of Other Memory, but is also expected to possess "organic mental powers (that can) bridge space and time." The Bene Gesserit intend their Kwisatz Haderach to give them the ability to control the affairs of mankind more effectively.
The planet Arrakis itself is completely covered in a desert ecosystem, hostile to most organic life. It is also sparsely settled by a human population of native Fremen tribes. Tribal leaders are selected by defeating the former leader in combat. The Fremen also have complex rituals and systems focusing on the value and conservation of water on their arid planet. They conserve the water distilled from their dead, consider spitting an honorable greeting, and value tears as the greatest gift one can give to the dead.
Originally posted by smallpeeps
Ayn Rand was right about a free market being the answer but everyone's addicted to the spice of fractional lending and usury.
No nukes go off, right? Or do they toast to that at the end? I forget.
Yes, you are right, it's all coming true.
Originally posted by FlyersFan
Originally posted by smallpeeps
Ayn Rand was right about a free market being the answer but everyone's addicted to the spice of fractional lending and usury.
I agree with you. Between Atlas Shrugged and Dune we get an interesting answer.
No nukes go off, right? Or do they toast to that at the end? I forget.
It's never mentioned and I get the impression that they don't. At the end those in Galts Gulch say 'it's time to go back'. They do that when society has collapsed upon itself and spent itself out... when the users and looters have all either collapsed or died through their own stupidity.
Yes, you are right, it's all coming true.
I believe it is. And therefore we can see what will happen. The end is total collapse due to the stupidity, greed, and faux-alturistic programs.