Liquid Democracy

Another type of democratic voting process that allows more people to be involved in the decision-making process is called Liquid Democracy.   Like Direct Democracy, with which people can vote directly on the bills that go before Congress, a Liquid Democracy also uses online encrypted blockchain technology to safely and privately record votes, but a Liquid…

Do-it-yourself alternative currency for small towns

I have been lately courting the Green and Libertarian parties about my running for Congress in NY District 19.  Recently, I attended a NY state Libertarian monthly meeting.  When the topic of the possible collapse of the U.S. petro-dollar came up, many people said that they had invested in gold or other commodities–or Bitcoin–in preparation…

What, exactly, is “Capitalism,” and “Ownership”?

Dictionaries usually define “capitalism” as a political/economic system in which individuals or corporations are said to have the right to “own” things and therefore get to decide pricing, production and distribution of goods produced or services rendered. There are three different kinds of ownership: 1. The right to the fruits of one’s own labor  2….

Three Pillars of Society: Business, State and Charity

Much of our political discourse is about whether the government or the free market should control the basic structures of society.    When power becomes concentrated in corporations, business leaders can behave as if they are above the law and cease to be responsible to the consumer.  When power becomes concentrated in government, politicians can act…

What, exactly, is “Socialism”?

Dictionary definitions of “Socialism” don’t seem to fit the way it’s often used. For example Merriam Webster tells us Socialism is “collective or governmental ownership and administration of the means of production and distribution of goods,” which sounds a lot like Communism.  The term “Socialism” is most often used to describe government support for and…

Sliding Scale Government Fees

Why charge sliding-scale fees for government services such as health care and education?  In the United States we currently have extreme economic disparity that has been caused, at least partially, if not mainly, by government policies.  Tax regulations that benefit interest income earners and capital gains income earners over wage earners contribute to disparity.  The…

Minimum Wage

In the US, while the cost of living per year has increased since 1970, the average income has not increased.  This means that a lot of people are not earning a living wage, about 30% of non-self-employed workers over eighteen, according to the Pew Research Center. Behind an increase in the number of people working…

The Separation of Business and State and the Privatization of Public Education

Because US public schools do poorly compared to those in other developed countries, those who support a “free market” approach argue the quality of education would be improved if public education were subjected to the effects of competition:  schools that are inferior will go bankrupt; schools that are good get more customers. (This leaves aside…

Moral Responsibility and Capitalism

From Mises Institute, “In his book, Where and Why Public Ownership Has Failed (1914), Yves Guyot, using both statistics and economic theory, shows systematically that private railways are safer, cost less, and more efficient. An unsafe private rail company is penalized by consumers whereas nationalized industries escape all material and moral penalty. Therefore, safety requirements…