Comments On Evolutionary Economics. Vol. I, No.10.October 13, 2019 Economics And Elites

Language: English

Published by Athena Press, Pasadena, 2019

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Seller: Arroyo Seco Books, Pasadena, Member IOBA, Pasadena, CA, U.S.A.Arroyo Seco Books, Pasadena, Member IOBA

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The Assumption Of These Papers Is That The Justification For Government Is To Provide For The Common Welfare. In Any Government, And Any Economic System, There Are People Who Can Make Decisions Affecting Unusually Large Numbers Of Other People At Present And In The Future And, Particularly, In The Far Distant Future. We May Identify These People As Elites Depending On How Much Power We Somewhat Arbitrarily Wish To Include As The Defining Characteristic Of A Member Of The "Elite". They May Be Wealthy, Or Not; Political, Or Not; Institutional, Or Not; Philanthropic, Or Not; Related To Other Members Of Past And Present Elites, Or Not; Influential Politically, Usually. No Definable Characteristic Identifies Members Of This Class. However, Certain Characteristics Of Elites Are Believed To Be Common Over Past Millennia. Elites At Early Stages Are The Small Class Of People Who, At The Head Of A Clan Or Clannish Group, Claim And Enforce Absolute Authority Over An Area Of Land And To A Greater Or Lesser Extent The Activities Of Those On It. As They Inevitably Claim More Land, In The Search For Security, And Later, Wealth, They Delegate Ownership Of Land To Their More Ardent Supporters And Closer Relatives, Who In Turn Delegate It To Their Own Supporters And Relatives And Treaty Members. Elites Intermarry Often, And Their Descendants Intermarry With The Descendants Of Other Elites For Many Centuries, Such That Elites Tend To Be Married To Other Elite Members While Non-Elites Do Not . States Are Created, And The Head Of State Has Absolute Authority Over Land And Position, And Assigns Or Removes These At Will. This Results In The Development Of A Large Rural Gentry, And Also The Development Of Independent Towns Centered On Economic Development. A Tripolarity Develops, With The Head Of State Gradually Making Agreements About Authority With The Rural Gentry And The Towns In Which Rights Arise By Treaty And Custom. The Rural Gentry Wants The Things The Towns Produce, And Are Driven To Increase Their Local Politico-Economic Authority To Be Able To Buy What Is Produced In The Towns. After Some Centuries, The Rural Gentry Begins To Intermarry With The Wealthier Town Leaders. The Heads Of State Eventually Have Diminished Ability To Intermarry With The Aristocracy As They Become Closely Related, But, Persisting, There Is Increasing Separation Genetically And Socially Between The Highest Levels And The Rest Of The Country, And Eventually They Reach A Position Where Undeniably They Are Loathed (Behind Their Backs). The Gentry After Hundreds Of Years Have Developed Vast Property Networks And A Small Fraction Of People (But A Large Number) Own All The Land. As The Feudal And Semi-Feudal System Develops, Land Domination Alone Has Diminishing Ability To Grow Income To Enable The Rural Gentry To Buy As Much Goods As They Wish. The Only Way To Satisfy The Search For Wealth And Power By Aristocracy And Gentry And Towns Is A Conscious Policy Of Wholesale Nationalist Imperialism, The Invasion And Exploitation Of Other Lands. This Requires A Vast Civil Service And A Large Military Service And Business Establishment, Well Funded And Somewhat Educated; This Also Requires The Development Of A Financial System With Which Imperialist Enterprises Can Be Funded. Ownership Of These Enterprises Become Themselves The Sources Of Vast Wealth; Imperialism Works Well As An Economic Engine For Decades, A Century Or Even Several Centuries. Financial Interests Develop To Borrow And Lend Money To The Vast Imperialist Business And Economic Machines. As The Management Of Other Peoples Money Becomes More Lucrative Than The Imperialist Enterprises Themselves, The Centers Of Power Move Towards The Political, Business, And Institutional Organizations That Manage Money, And To The People Who Direct Them. The Management Of Other People' Money, And Activity Supporting That, Becomes The Aim Of Persons Seeking Power.…

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Bibliographic details

Title
Comments On Evolutionary Economics. Vol. I, No.10.October 13, 2019 Economics And Elites
Author
Clauser, Stephen Michael
Publisher
Athena Press, Pasadena
Publication year
2019
Condition
Fine
Signed
Signed by Author(s)
Binding
No Binding
Language
English
Edition
1st Edition
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Arroyo Seco Books, Pasadena, Member IOBA

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Arroyo Seco Books, on-line and by appointment since 1998, lists 20,000 books in all fields, especially science, art, philosophy, social science, literature, and science fiction, and also art, primarily antiquarian and modern prints. We purchase private libraries. Member of IOBA. Open by appointment in Pasadena, California, USA. Contact: Stephen Clauser, email arroyosecobooks@earthlink.net, telephone 626-372-3863.