I was watching the Tea Party coverage yesterday, and being an avid fan of Atlas Shrugged and (most of) Ayn Rand's philosophy, I was tickled and pleased to see a man waving a "Who is John Galt?" sign.
This prompted me to look up whoisjohngalt.com and when I went back there today I found a real gem.
Please go to the following page and view this clever video, and come back to tell me if you enjoyed it as much as I did.
http://www.whoisjohngalt.com/2009/09/the-czars-obama-really-needs.html


Comments: 54
I also happen to believe in God, which she did not. However, I am opposed to collectivism for many reasons I won't get into here. Perhaps I should write an article for that...
Rand's is an understandable personal reaction to Stalinism in view of her family's entrepreneurial wealth, but there was a lot of the Harry Lime in her family's riches, too.
If you want to hear someone speak about personal responsibility you could start with Lao-tse, Je tsong-ka-pa, Socrates, and the Bhagavad Gita.
What is outlined in the book is a modification of communism.
The net-benefit based system is a cooperative form of capitalism in which we all keep what we already had when we transition to it and no one loses anything. It's all about making life and all that goes into it actually make sense.
The PAYERS are what makes it different. And it IS different. And it's NOT communism, as NOTHING is owned communally, it's ALL private ownership. It's unlike any other system that has ever been attempted, so to suggest it is like any of them is to mischaracterize it.
Yes, there would still be greed but if your pay system is based on net benefit then in order to get rich you have to provide net benefit. Net benefit is derived by taking overall benefit and subtracting negative consequences. Therefore greed would lead to great things - the more people earn, the more benefit they'll provide to others.
I don't understand why you have a problem with that unless you truly just do not fully understand it.
Where are the credit coming from and how are credits different from dollars other than the name? How is that society different than today. I never see a dollar of my checks. I get essensually "debits" and use a debit card.
The credits are different because they do not represent any physical object. They are non-transferable and come into existence when you earn them and cease to exist when you spend them (sort of like points in a video game) but most importantly they can not be lost, stolen or otherwise taken from you against your will once you earn them.
Payers are the only separate class of people under this net benefit-based system. There is no more high, middle, low class... none of that. Payers are volunteers who choose to live for the rest of their lives without luxuries (so they can't be bribed) and devote their lives to paying others. They cannot receive income but most of them will be people with simple tastes and desires... retirees and those who are quite content to live on necessities only.
Payers determine what is a luxury and what is a necessity... and since they live at poverty level, among the poorest people (mostly those who can't work such as disabled and elderly) it behooves them to make sure that this level is comfortable. Otherwise they'll have angry mobs on their doorsteps.
There is so much to this system... and I'm so excited about it I could talk about it all day and night, but unless you actually read the novel it's hard to understand. That is why Larry wrote it... 30 years of trying to explain it to people and getting blank stares or accusations of communism.
Key points:
1. Private ownership is protected, no one can legally take anything away from you. Nothing is owned jointly or in common - no more corporations (fake people essentially) nor stockholders (at the moment of transition if you have a million dollars' worth of stock somewhere, your new money account will be credited with that million dollars - you keep what you already had, no one loses anything except the parasitic elements of society)
2. No taxes or fines... money comes into existence when you earn it and it ceases to exist when you spend it on luxuries. You can't buy necessities as they are free to all but the providers are paid by the payers for the net benefit you or others receive from these things.
3. People are paid not by the hour nor by the job, but on the basis of the net benefit which is derived by subtracting negative consequences from overall benefit.
4. No more insurance as needs are met by other means and therefore insurance is rendered obsolete and unnecessary by this system.
Again, there is so much more to it than what I've written here, but until you've read the material you can't possibly grasp it all.
If you pick up trash on the street, the payers will pay you. If you take care of your elderly mother, they will pay you. If you homeschool your grandchildren, they will pay you. As long as someone receives net benefit from your work, you will be paid.
Would you like to know how this plan would eliminate planned obsolescence?
Necessities will vary by area etc. (skis for a Floridian would be a luxury whereas for an Alaskan they might be considered a necessity)
ALL old folks won't be required to live without luxuries... only those who choose to become payers. If you're not a payer you'd have an account to pay for luxuries... if you were perfectly happy living on necessities you could spend your money buying fun things for your grandkids or whatever you want - but you'd never need to use your money for basic food, clothing, shelter, education or medical care. Only for fancy food or clothing, luxury-level living accommodations, a private car instead of public transportation, etc.
Cell phones would likely be considered necessities and so would TV's but you would not be required to have one. It would just be free of charge to you if you wanted it.
Who appoints them? Who makes sure the do their jobs fairly? Who determines what a necessity is?
This system would have NO way to trade with other countries for either exports or imports. Each individual would be a government unto themselves, few people would work because most are essentially lazy if they don't have to work to provide for their families.
In the book there is a couple who are existing on what they are allowed and have to watch what they spend in credits. He will not get credits for work he is doing for some time so they must struggle. They live in an appartment. Does everyone have to live in an appartment? If everyone is equal no one would be able to own a home, or is that a luxury?
Other countries would have to trade goods and services for our goods and services of equal value. No more trade deficits and no more of people abusing the Dollar worldwide. No more counterfeiting or money-related crimes... the list goes on and on.
You are wrong about people not working... most of us do want to work but feel that the system is set up to keep us from being able to do so. Under Larry's system anyone who wants to work will be able to do so. No more "jobs" held hostage by this tool mankind created called money.
I do not know of anyone in the book who is struggling, except the portions that discuss life before the transition, and the POM colonies that refuse to participate in the new money system.
If you own a house (or several!) before transition you will own it after transition. The difference is that any mortgages you had will go away and there will be no more property taxes or insurance breaking your back.
Standard housing will be a variety of homes not just apartments... if you own a house and let people live in it you'll be paid by the payers for the net benefit they receive from living in that house. If you own a building and let someone set up business there, you will be paid for a percentage of the net benefit received by those who use that business' products or services.
read the first chapter. The young couple has to watch every "credit". The man for over seas moves in and buys some decent food for them and they are thrilled.
All though the book there is the overcast of a super power or super something that orchastrates it all. That is government and the everyone works for the common good is utopian communism. It works great on paper but is impossable to implement.
The young couple you are talking about are perfectly happy to live on standard fare, it is the father who WANTS to buy them some luxury items.
The whole story is about how Niall THINKS there is a "Big Brother" or some sinister power behind it all, but by the end of the novel he understands the system and that he was mistaken.
You are right about utopian dreams and communism, but I don't believe this system is as utopian as you think and it's NOT communism. Everyone does NOT work together for the "common good" at all. People work to earn money for their own desires... and yes, they work together but nobody is forced to do so, it's all voluntary.
I know it's hard to wrap your mind around it all, that is why Larry had to put it in a novel. Without reading the whole book from beginning to end you can't possibly comprehend it all. When I began to read I did not think I would agree with it at all but now I believe that it's our only hope.
If you can suggest a superior proposal... one that won't bankrupt our children and will provide for you in your old age without having your healthcare rationed or the government just deciding to one day come in and take what you own... I'd love to hear it. If we continue on the path our leaders are taking us down, we will all lose. With Larry's system, we can all win instead.
Who is going to work long hours on a project in hopes it might maybe someday be considered a benefit and finally get paid for effort? Who decides the amount of benefit? Someone who has no benefits and don't want them?
The laws are still made the way they are now, however a good number of our current laws will become obsolete at transition, as money-related crimes will no longer be possible.
No, it's not total anarchy, but it's very minimal government because it just won't be needed. Of course, it will take a while for the government to shrink down to the size it should be, but we have to start somewhere, don't we?
There will still be a President and Congress, Governors, Mayors and such... that much won't change. None of them will have any power over the money any more, however, so what those entities DO will change.
Anyone who understands that the system works very much the same way as royalties and so forth do now will be glad to work for what they will get. Here is an example.
John obtains a table. It will most likely be considered to be a necessity or capital goods depending upon whether he is using it for personal or business purposes. The minute he begins to use that table, everyone involved in bringing that table to him will begin to receive a percentage of the total worth of that table - and will continue to receive that income for as long as the table continues to serve him or someone else... for as long as the table exists, and even longer if it is made into something else after it is no longer used as a table. When I say everyone who helped to bring it to him, I mean the driver who delivered it, the person who built it, those who provided the hardware for it, those who provided the board for it, all the way back to the person who grew the tree and the logger who cut it down. Lifelong income, most likely, for each person involved in the creation and delivery of that table. Multiply that by however many tables those people make in their working lifetime and you see that they will have quite a bit of steady income long after they quit working.
Do you think we can arrange for everyone to have to see that Dragnet clip?
; )