My thinking on economics is even simpler |
In popular thought there are
Two theories of why people work.
They have no choice. Something
In their character drives them to
Produce whether it’s their own
Pleasure in making or whether
They have sublimated basic needs
Into a larger motive. Everybody
Else by nature prefers the comfort
Of not doing anything until their
Failure to provide discomfits
Them to pursue, capture, and eat.
If, in your childhood, your parents
Read you the Fable of the Little
Red Hen, you’ve gleaned the
Basics of the statements above
As well as just about everything
In Adam Smith’s tome, The Wealth
Of Nations. And, if you have the
Stomach for it, you’ve internalized
All the economics you’ll ever
Get from a Republican Party
Candidates’ Debate. Among
Them are some who believe the
First example of the self-motivated
Provider type are not classically
Selfish like the Red Hen but are
Archetypal Leader Kings, the first
Models of capitalists who through
Effort of their minds and bodies
Generate new huge wealth for
Others to share. That was the
Rationale for supply-side or
Trickle-down economics: the
Wealthy can’t help but produce
More of whatever they touch,
Like modern day Midases. Let
Them have a larger share and
We’ll soon be buried in more
Goods and services than we’ll
Know what to do with. Were
You to give that money to the
Poor, beer sales would increase
For a week but there’d be no
Lasting advantage for society
As a whole. As much as such
Theories exaggerate the talent
And generosity of the rich so too
Do they belittle and minimize
The intelligence and integrity
Of the poor. I may be simplifying
But there’s a lesson here. If
Society’s gains go solely to the
Wealthy, the result is a society
Top heavy with a few rich and
Numerous desperate poor. An
Ideal outcome would be one
Where, yes, the talented producers
Reap proper rewards, and everyone
Else benefits also to some degree
As recognition of their efforts to
Keep a people prospering from
Everyone’s labors not just a few.
If that makes me a socialist, then
I’m happy to bear the banner.
c. J.S.Manista, 2016
No comments:
Post a Comment