Money and Other Biospheric Taxes
Bob Komives
::
Once in the marketplace, money simplifies the exchange of goods and services. This is the obvious effect that we all see. Less obvious is the tax-effect. Money is a mobile tax. Once government becomes a minter of money it engages in monetary taxation --inducing people with newly minted money to play roles they would not otherwise have played in the provision of goods and services. Light, portable, magical money shifts wealth flexibly from person to person and place to place --reorganizing society as it flows. True taxation occurs whenever a minting government spends its money.
Any country can invest in good projects using its own money. Within the country venders must accept national currency in exchange for their good or service. They will tend to do so voluntarily because good projects create wealth which new money lets them share. Thus, as good investment follows good investment, money becomes the common way to exchange wealth in the marketplace.
Money is a magical invention, but not a freak. It is but one invention by humankind in a chain of magical biospheric inventions that allow a whole to organize itself to be more than the sum of its parts. Whether several micro-organisms exchange energy, a family allocates chores, a culture defines roles and traditions, or a government mints money, the net effect is for the group to tax itself --to allocate resources in ways that individuals cannot or will not.
Any country can invest in good projects using its own money. Within the country venders must accept national currency in exchange for their good or service. They will tend to do so voluntarily because good projects create wealth which new money lets them share. Thus, as good investment follows good investment, money becomes the common way to exchange wealth in the marketplace.
Money is a magical invention, but not a freak. It is but one invention by humankind in a chain of magical biospheric inventions that allow a whole to organize itself to be more than the sum of its parts. Whether several micro-organisms exchange energy, a family allocates chores, a culture defines roles and traditions, or a government mints money, the net effect is for the group to tax itself --to allocate resources in ways that individuals cannot or will not.
:: Bob Komives, Fort Collins © 2006 :: Plum Local IV :: 46. Money and Other Biospheric Taxes ::
With attribution these words may be freely shared, but permission
is required if quoted in an item for sale or rent
With attribution these words may be freely shared, but permission
is required if quoted in an item for sale or rent
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