Thoughts on Wealth Creation, Taxation, and the Voluntary Model of Government Wealth is created by organizing land, labor, and capital (LLC). A bamboo tree (land) only become a source of wealth when a person (labor) chops off a shoot and creates a spear (the idea and the spear being capital). This was the breakthrough of the science and industrial revolutions and was the hallmark of every prosperous Western Civilization. The Old World chaos of wealth by divine favor or wealth by royal birth (which was only nominal wealth really) gave way to wealth by production and voluntary organization. Kings and Lords of the old world were swept into the dust bins of a poor, chaotic era by CEOs and Managers in the New World. Economic and Political progress notwithstanding, one assumption from the old world remained in the New. Those who had the ability to organize judicial services (police, military, and courts) still maintained that involuntary taxes were both necessary and mandatory. Refusal to support a particular way of organizing government services would still result in heavy fines and/or physical punishment. This hidden Old World spore of taxation and the chaotic, unaccountable forces it released has nearly destroyed a once healthy Western economy. Individuals, businesses, and institutions for which health and prosperity are there explicit goals should develop and implement new methods of organizing land, labor, and capital for the creation of governing products and services independent of this cancerous taxation mechanism. Fortunately, models for this market driven approach, such as voluntary arbitration courts and private police accreditation institutions are already operational. Since all wealth, in part, depends on social stability, shrewd capital investments in these models today is likely to reap handsome financial rewards in the future.
Posted on: Sat, 03 Aug 2013 15:56:33 +0000
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