Which means that
we want to allocate credit for projects that benefit society and we want to do it in a manner that does not centralise power.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
In the system I crudely draw up, if ABB wants to tap the public investment system for their new advanced factory thingy, they would probably run the numbers and see how many people they need.
Next step would be to market the investment in turn to employees (it is necessary for your jobs), owners (it is necessary for your profits), customers (it is necessary to produce the great products you want) and the general public (the world will be better with the products produced in this factory thingy).
So I don't see problems for technically sophisticated, capital-intensive production. I do see problems in marketing leveraged buy-outs to the general public, but then those are not a benefit to society. A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!
