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I think we just become numbed by the repetitive nature of the FT/Economist "Big Lie" - the canard that if I pay tax and someone mends my broken leg then that someone is not "productive" but is a drain on the "Private Sector".

But if I pay an invoice from a private hospital instead then the someone who fixes my leg IS, magically, now "productive".

The people are the same: it's only the "enterprise model" that's different, but I'm now paying a return to rentier capitalists on top of the actual costs of my treatment.

Now I happen to believe that markets are a more efficient mechanism for allocating resources than centralised planning and "the State".

So I don't believe in a State distinct from its citizens, any more than I believe in the deeply toxic "Private" sector market to which we are accustomed.

What we need IMHO are markets without rentiers and without profits: which Dr Yunus of Grameen Bank calls a "Not for Loss" enterprise model.

This is now actually perfectly possible within a consensual partnership-based enterprise model based upon what the French know as "contrats de societe" (as opposed to our good old Anglo Saxon "contrats de mandat").

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sun Apr 15th, 2007 at 06:51:13 PM EST

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