Naturally we are all very grateful to Tony Abbott for breaking this hateful bipartisan ETS crapola. And I think Tony is a good man. A real man. And no Quisling. But other than minor figures like Dennis Jensen, to me Barnaby Joyce is easily the most impressive fellow on the scene in Canberra right now.
Barnaby Joyce came up in a post I made over on thoughts-on-selling-out-freedom. It remains to be seen whether that menace Humphreys will let the post through. The key for Joyce is to fashion an effective version of capitalism that fits with his small business and family farm vision. But this is the key for all of us, and indeed for the future of humane civilisation. There are some policy mixes which must be seen as neutral in terms of whether they are more or less “libertarian” than another mix. And it is here we have room to move where we can bias in favour of the family farm and the sole trader, the business startup, and the little guy more generally. To fulfill a powerfully effective version of the Joyce vision requires the ability to overpower the current consensus on both sides. It requires Joyce to be able to overpower these guys from a team he puts together out of the Finance ministry, when the Rudd Quisling has been turfed out. Joyce needs to put together a team that can forge a version of small government that supports his anti-Post-Modernist outlook, as well as a team that can beat seven shades of shit out of the tired consensus of economists that are entrenched in the punditti and in blood-sucker-central.
We always wondered just how it was that the classical Greeks got to be so amazing. But new theory brought to us by Victor Davis Hanson, shows us that their peculiar rationality grew out of their post dark ages agrarian setup. Where the farmers in Attica tended to have plots of about ten acres each. And there were never plots of more than 100 acres. The typical citizen with full citizenship rights, in the early Classical years, was the manager of a small family farm. The farmers of Attica were willing to both put on their hoplite gear, to fight for their rights. The Athenian Hoplite was also willing to go to Athens, (originally a saleyards and farming support setup) to cast a vote and speak before the other farmers.
Supposing it takes 40 years to wean off all but say 5% of the old age pension. Suppose during that time we are generous to older Australians even as we raise the retirement age one day every two. At the end of that process supposing we were to have a government at 3% GDR at each level (State, Federal, And Local) PLUS DEFENSE. What I’m trying to do is lock in a 9%, plus defense explicit government overhead. I’m trying to lock this in for the sake of argument. Since it makes a great difference how that 9% + is raised. It makes a great deal of difference what our guiding motivation is as we work towards this better tomorrow.
How would we raise that money? How are we to allocate natural resources? What is the place of “artificial persons” and limited liability in this story? In this future scenario, do we still have this bizarre situation where we are giving two thirds at least. of the benefit of new money creation, to a cartelised bunch of anti-competitive bankers? Or have we taken this benefit away from the bankers, and given this benefit to the government, as a way of reducing taxes? Or have we passed the benefit of new money creation onto to the extraction industries?
We can have a nightmarish version of capitalism, with a foreign-owned system of overlordship ….. and this nightmare is consistent with a total government budget of 9% + war-making as being the explicit cost of government. Or we can push matters towards a vision more in keeping with the Barnaby Joyce vision. We can transition to this vision in the context of a massive capacity to produce wealth.
I’m not saying that big business and limited liability don’t have a place in our society. They have a place for sure. Let us take them to that place. Let us put them in it. Here is the post I made where Barnaby Joyce was mentioned:
“The government doesn’t own land except by brute force. Ownership of land morally is to do with homesteading. Which is not just showing up and making a claim over massive territory. But rather taking a small patch of land and intensively improving it.
This is why it is moronic to talk about gifting land to people. This is why it is foolish to imagine that the way our resources sector works, can be treated as if it all conforms to economic theory of a libertarian persuasion. Our resources are not being divied out with reference to homesteading principles, far from it.
An example of the relevance of our unsound resource allocation norms came up in the papers just a couple of days back. Barnaby Joyce proposed that there ought be no more foreign communist regime buying up of our resources. He was quite right, fully in keeping with libertarian principles, and totally in keeping with good sense and the better understandings of international relations.. But Laurie Oakes wrote a column that tried to liken Barnaby to some sort of space-alien who didn’t understand economics.
Communists nationalising our gear is not free enterprise. But going more down to the nitty gritty then that; since our resources aren’t properly homesteaded, free enterprise dogma, cannot apply to our extraction industries.
Under free enterprise assumptions, these huge gas giveaways to the communists, were allegedly proven to be A-GOOD-THING, merely by the fact that these poxy sellout deals occurred. The 25 year gas deals must be good right?. Afterall the executives are up by 5.00am and their ties straightened right? These are high performance blokes right? The free market wouldn’t put dropkicks in charge who would give away our gear for a song right?
All of this is utter bullshit. The gas giveaways were, are, and will always be, a crying shame. This business of resource allocation is one of the most important neglected issues there is.
The government doesn’t own the land. They cannot rightly be giving it away, or parceling it together in these appalling deep-pocket auctions, presided over by merchants-of-debt and other rent-seekers.”
Senator Joyce. Philosopher.
Senator Joyce. Good instincts.