What are the day-to-day details of a world based on Social Credit?

cowbellemoo — Thu, 26 Feb 2009 08:06:15 -0800

What are the day-to-day details of a world based on Social Credit? How do companies conduct their business? How are civic services accomplished? A friend and I are trying to understand the theory and we're getting hung up on a practical conception or application of it. I follow with the concept of Cultural Inheritance, the critique of traditional credit as anti-social, the more results-driven look at production, the confluence of money with democratic power ("voting with money"), income security, and the radical de-centralization of power. But what does it look like? I realize that economic/political models have endless permutations, but is there a standard Social Credit Utopia you could describe to me?

How would, say, a home get sold? What business models would companies follow? How is education conducted? Big civic things, too, like how would a park be built? A newfangled communications infrastructure? Sanitary services? Disaster relief?

How do tax cuts help?

hydrophonic — Fri, 06 Jan 2006 17:16:04 -0800

What's the economic reasoning for the idea that tax cuts stimulate the economy? Bush gave a speech on the economy today. He said the economy is getting better, thanks to his tax cuts. I've heard the arguement that reducing taxes for the middle and upper class gives them more money to spend and invest, which means the economy grows. But wouldn't spending by the government do the same thing? Or be possibly better, since the government probably spends more on domestic rather than imported goods, services and labor? And the government doesn't save, which people might tend to do in a recession.

I'm not looking to understand the claims, not start a debate. Examples that include local economies or other countries are welcome.

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What are the day-to-day details of a world based on Social Credit?

How do tax cuts help?