Applied Capitalism
July 28, 2016 at 4:25 p.m.
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I have written about an economic system I call Applied Capitalism since 1980. It would make the citizens and government economic partners instead of adversaries. A suggestion contest that would allow people to help the government save or make money would reward the contestants 1-10 percent of the money saved or made tax free.
Part of my Applied Capitalism system would be Constructive Foreclosure. If a nation needed financial aid and can’t pay the loan back monetarily, it would repay the loan with goods and services and also allow experts in various fields to come to them to develop them. Some of those experts could be Indiana farmers. They could use their own equipment and what they need would be supplied by the government. They would also be aid by the government as contractors.
Let’s say an African nation that has vast mineral wealth but poor farming practices, a lack of water, and disease needs $10 billion. We would receive $10 billion in minerals and the right to send our people there to help the people. Doctors, civil engineers, construction crews, and farmers would develop the nation so that it could be made better and maybe not need future loans.
As a government contractor, a farmer would not need to worry about losing their farms due to foreclosure because the government would pay what is owed. A farmer/contractor would have access to the latest equipment, seed stock and livestock breeds to make their farms better. Farm workers would be sent to the farms of contractors as the contractors work in other countries.
Conventional foreign aid has made governments dependent on our money like welfare recipients. Constructive foreclosure would help both our nation and those in the nation we’re helping. We would become partners and would have better relations. With unemployment higher than the government wants to admit, many could have a fresh start in other nations as contractors.
The EPA helped ruin farms in California by depriving them of water and preventing the excavation of reservoirs years ago. Indiana farmers are fortunate to have plenty of water. At least in other nations there isn’t the EPA that will get in the way of successful farmers. Deep sources of water, desalinization, and maybe the Sahara Reservoir decades from now could make deserts bloom and prevent starvation. Indiana farmers as contrators could be a part of the agricultural revolution and help feed the world better.
Rick Badman
Warsaw[[In-content Ad]]
I have written about an economic system I call Applied Capitalism since 1980. It would make the citizens and government economic partners instead of adversaries. A suggestion contest that would allow people to help the government save or make money would reward the contestants 1-10 percent of the money saved or made tax free.
Part of my Applied Capitalism system would be Constructive Foreclosure. If a nation needed financial aid and can’t pay the loan back monetarily, it would repay the loan with goods and services and also allow experts in various fields to come to them to develop them. Some of those experts could be Indiana farmers. They could use their own equipment and what they need would be supplied by the government. They would also be aid by the government as contractors.
Let’s say an African nation that has vast mineral wealth but poor farming practices, a lack of water, and disease needs $10 billion. We would receive $10 billion in minerals and the right to send our people there to help the people. Doctors, civil engineers, construction crews, and farmers would develop the nation so that it could be made better and maybe not need future loans.
As a government contractor, a farmer would not need to worry about losing their farms due to foreclosure because the government would pay what is owed. A farmer/contractor would have access to the latest equipment, seed stock and livestock breeds to make their farms better. Farm workers would be sent to the farms of contractors as the contractors work in other countries.
Conventional foreign aid has made governments dependent on our money like welfare recipients. Constructive foreclosure would help both our nation and those in the nation we’re helping. We would become partners and would have better relations. With unemployment higher than the government wants to admit, many could have a fresh start in other nations as contractors.
The EPA helped ruin farms in California by depriving them of water and preventing the excavation of reservoirs years ago. Indiana farmers are fortunate to have plenty of water. At least in other nations there isn’t the EPA that will get in the way of successful farmers. Deep sources of water, desalinization, and maybe the Sahara Reservoir decades from now could make deserts bloom and prevent starvation. Indiana farmers as contrators could be a part of the agricultural revolution and help feed the world better.
Rick Badman
Warsaw[[In-content Ad]]
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