ymu
Niall Ferguson's deep-cover sock-puppet
I've been struggling for a while to define my politics, and Urban has helped a great deal in that. There are some great minds here, and I am constantly awed by the sheer depth of knowledge and insight on offer here.
I still don't know what my label should be. I'm not scholarly enough for Marx or imaginative enough for Kropotkin. But I guess I'm a sort of syndicalist social democrat. I want a revolution, but I want it to be a gentle one. I'm such a wet liberal at heart ...
I'd like to see the end of political parties. Elected representatives to be chosen by broad-based unions and associations representing all essential sectors, with community representatives making up the other half of parliament. Elected technocrats to take non-voting seats and act as advisers and referees on law-drafting sub-committees, with a President acting as facilitator in plenary, with a duty to become well-informed about the technocratic fine-print of every bill, interjecting only where a point of information or key argument has been missed by the floor.
MPs would spend half their time in their local constituencies or workplaces, integrated into the elected technocratic bureaucracies running local affairs and presiding over each key sector. Their task is to gather ideas and petitions from their constituents and take them to parliament where they submit them to the relevant committee and then sit on their own committee to debate the issues raised nationally for them.
All essential 'needs' would be available via state-owned or worker-owned non-profit enterprises, with taxation levied on prices to the extent that prices needed to be artificially inflated (eg on petrol). Essential needs include housing (the state will buy any home at market price in return for a guaranteed tenancy at a reasonable rent-to-income ratio for life, with state-owned acquired and new-build housing being distributed via estate agents), food (non-profit no-frills supermarkets and local corner-shops), utilities, transport, phone and internet, retail and business banking, health, education & training, pensions and compulsory insurance.
The private sector would be free to cater for 'wants', and to compete for 'needs' if it so desired. No public sector subsidy will be available to any profit-making enterprise without a proportionate share-holding being handed over to the state-owned pension fund, with the proportion of shares to be negotiated by the relevant parliamentary committee with elected technocratic advice and agreed by parliament after open public consultation (real-time publication of all input received and provided). These shares could not be bought back by the private sector without the agreement of parliament after an open public consultation.
There would be no stock-market. Existing stock-holders may continue to hold what they have and be taxed as rentiers. Investment for new profit-making enterprise would be available via pension funds (state-owned or otherwise) and the state banks. Individuals are free to invest their own accumulated capital in new enterprises as they so desire.
Everyone would be entitled to free education and training, which would be made available (within reason) to everyone throughout their lives, paid through for by general taxation.
Taxation revenue to come from:
Income tax, with all income being treated equally, whether earned, unearned or capital gains and taxed progressively according to use value of income with an aim to establish an effective maximum wage at no more than four times the living (=minimum) wage, with regional variations in the cost of living factored in; and
a land tax levied on all rentiers, according to the accruing value and income-generating ability of their estates.
No VAT, but selective sales taxes would be imposed where higher prices are a social good (some fuels, tobacco, alcohol and the formerly illicit but now legally regulated drugs formerly known as Classes A, B and C).
Income would be taxed progressively (no tax-free threshold, minimum tax rate 5%, maximum 95%) to pay for a citizen's income (set at 75% of the living wage, defined regionally and adjusted proportionately for children and those with disabilities and other minority needs) to be paid to every adult and child to replace the benefits and pensions system. The remainder of the monies required to fund this would be provided by the state-owned pensions system, which distributes the returns it makes from investing in existing industry. There would be no equivalent of the DWP as this could be administered entirely by the tax authority and the pensions fund.
Rentiers would be on the same regime as income tax, with a 50% penalty for any rents derived from properties against which no debt is secured (ie they pay half again as much tax as if the income had been earned).
Profits from the state-owned banks, made from providing retail banking and investing in new enterprises (worker-owned non-profit and private sector), would be used to supplement tax revenues.
That's my kind of revolution.
What's yours?
I still don't know what my label should be. I'm not scholarly enough for Marx or imaginative enough for Kropotkin. But I guess I'm a sort of syndicalist social democrat. I want a revolution, but I want it to be a gentle one. I'm such a wet liberal at heart ...
I'd like to see the end of political parties. Elected representatives to be chosen by broad-based unions and associations representing all essential sectors, with community representatives making up the other half of parliament. Elected technocrats to take non-voting seats and act as advisers and referees on law-drafting sub-committees, with a President acting as facilitator in plenary, with a duty to become well-informed about the technocratic fine-print of every bill, interjecting only where a point of information or key argument has been missed by the floor.
MPs would spend half their time in their local constituencies or workplaces, integrated into the elected technocratic bureaucracies running local affairs and presiding over each key sector. Their task is to gather ideas and petitions from their constituents and take them to parliament where they submit them to the relevant committee and then sit on their own committee to debate the issues raised nationally for them.
All essential 'needs' would be available via state-owned or worker-owned non-profit enterprises, with taxation levied on prices to the extent that prices needed to be artificially inflated (eg on petrol). Essential needs include housing (the state will buy any home at market price in return for a guaranteed tenancy at a reasonable rent-to-income ratio for life, with state-owned acquired and new-build housing being distributed via estate agents), food (non-profit no-frills supermarkets and local corner-shops), utilities, transport, phone and internet, retail and business banking, health, education & training, pensions and compulsory insurance.
The private sector would be free to cater for 'wants', and to compete for 'needs' if it so desired. No public sector subsidy will be available to any profit-making enterprise without a proportionate share-holding being handed over to the state-owned pension fund, with the proportion of shares to be negotiated by the relevant parliamentary committee with elected technocratic advice and agreed by parliament after open public consultation (real-time publication of all input received and provided). These shares could not be bought back by the private sector without the agreement of parliament after an open public consultation.
There would be no stock-market. Existing stock-holders may continue to hold what they have and be taxed as rentiers. Investment for new profit-making enterprise would be available via pension funds (state-owned or otherwise) and the state banks. Individuals are free to invest their own accumulated capital in new enterprises as they so desire.
Everyone would be entitled to free education and training, which would be made available (within reason) to everyone throughout their lives, paid through for by general taxation.
Taxation revenue to come from:
Income tax, with all income being treated equally, whether earned, unearned or capital gains and taxed progressively according to use value of income with an aim to establish an effective maximum wage at no more than four times the living (=minimum) wage, with regional variations in the cost of living factored in; and
a land tax levied on all rentiers, according to the accruing value and income-generating ability of their estates.
No VAT, but selective sales taxes would be imposed where higher prices are a social good (some fuels, tobacco, alcohol and the formerly illicit but now legally regulated drugs formerly known as Classes A, B and C).
Income would be taxed progressively (no tax-free threshold, minimum tax rate 5%, maximum 95%) to pay for a citizen's income (set at 75% of the living wage, defined regionally and adjusted proportionately for children and those with disabilities and other minority needs) to be paid to every adult and child to replace the benefits and pensions system. The remainder of the monies required to fund this would be provided by the state-owned pensions system, which distributes the returns it makes from investing in existing industry. There would be no equivalent of the DWP as this could be administered entirely by the tax authority and the pensions fund.
Rentiers would be on the same regime as income tax, with a 50% penalty for any rents derived from properties against which no debt is secured (ie they pay half again as much tax as if the income had been earned).
Profits from the state-owned banks, made from providing retail banking and investing in new enterprises (worker-owned non-profit and private sector), would be used to supplement tax revenues.
That's my kind of revolution.
What's yours?