So you think that voters are more sensible when voting to spend a huge pile of opm than voters who own shares in a company which can only dispose of their own money. That's strange and not credible.
< you would surely agree that it is a vastly larger mistake to assume that electorates will vote to protect their own interests.>
So you think that shareholders in a financial institution such as Wells Fargo are more likely to vote to harm themselves than are a general electorate voting for politicians.
Since managers of a financial institution have the very narrow brief of increasing profits, I'd fancy the chances of that more than I would of voters voting for opm and kleptocratic suffocatocracy in a sensible way which will achieve mutually conflicting goals.
All shareholders in Wells Fargo want more profits. Not all voters want less tax, or more tax, or smaller government or more rules with less regulation.
I think you simply saw Greenspan's name and ipso facto disagreed without understanding what I wrote. "If it's Greenspan, I disagree. Ergo, what follows is wrong, ultra vires, caveat emptor, inter alia".
Regarding your list, it's obvious that the best choice is the closest approximation to Libertarian Utopia.
Depending on definitions and how the system was actually applied in practise, a few of them could be the best choice.
For example, capitalism in China seems more capitalist than capitalism in the USA, in many ways. A sultanate could be a pretty good place to live depending on the sultan, just as sultanas vary in quality from very good to good for the rubbish bin.
Small government should be best, but if the small amount of government they do is collecting tariffs but not protecting private property and free enterprise, then it wouldn't be as good as the wimpy socialism of NZ which does at least in small part protect private property so that it can be confiscated by the state.
So it depends on the quality of the state. I'd go with E = a few police and a hangman to execute the criminals. But in NZ, we already have a big government so there are many publicly owned assets which require management. First, we need tradable citizenship to define ownership of those assets. Then we need to maximize the profits from those assets. For example, road tolls, water, electricity, telephone, gas, sewage, reticulation charges.
Mqurice |
