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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Economics / Macroeconomics
  • Language:English
  • Pages:100
  • eBook ISBN:9781483543178

Swindled

If Government is ‘for the people’, Why is the King Wearing No Clothes?

by Don Fraser

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Overview

This book describes how governments could, if they really wanted to, create jobs for all those who want them and pay decent pensions or benefits to those who are unable to work. It is also about how to ensure easily affordable, even free, education at all levels; and affordable healthcare, energy, transport, communications and much more. It is, in short a prescription for enabling and ensuring sustainable equity in the distribution of income and other benefits from economic growth. The book shows, first, how national governments have been effectively SWINDLED out of the means to fund Budgets which support the above means of ensuring equity. It then goes on to show how, if they really wished to do so, governments could very simply reclaim their full funding power and use it to achieve and maintain all of the above – jobs, pensions, affordable essentials and so on for sustainable, socially acceptable income equity – and all without raising taxes or redistributing existing wealth.

Description

This book describes how governments could, if they really wanted to, create jobs for all those who want them and pay decent pensions or benefits to those who are unable to work. It is also about how to ensure easily affordable, even free, education at all levels; and affordable healthcare, energy, transport, communications and much more. It is, in short a prescription for enabling and ensuring sustainable equity in the distribution of income and other benefits from economic growth. The book shows, first, how national governments have been effectively SWINDLED out of the means to fund Budgets which support the above means of ensuring equity. It then goes on to show how, if they really wished to do so, governments could very simply reclaim their full funding power and use it to achieve and maintain all of the above – jobs, pensions, affordable essentials and so on for sustainable, socially acceptable income equity – and all without raising taxes or redistributing existing wealth. The book also makes clear that, while better distribution may first appear to be mainly a Leftist objective, the application of these kinds of distribution measures would also facilitate Right, Centre and Left objectives in terms of stronger, more certain economic growth AND deliver an orthodox Budget surplus in terms of tax collected and spent; along with little, if any, debt AND all without causing abnormal inflation. The SWINDLE involved will be shown to have come about in a very similar way to that described by Hans Christian Anderson in his enduring tale of the King’s New Clothes. In particular it will be shown how the historical development of the modern banking system has played the role of the ‘tailors’ who left that King naked. It will further be shown that political correctness which has emerged as a key component of this fraud has left the economic fraternity, the media and politicians - just like the King’s courtiers and subjects - desperately afraid of being thought fools if they were to suggest that governments should do anything other than remain as naked as banking practice demands. The methodology for regaining the initiative needed is technically undeniable – it depends entirely on simple fact, not theory - but the key problem in bringing it into effect will continue to be the SWINDLERS and their ability to maintain the bonds of the heavily entrenched political correctness. The great need will still lie in finding political leaders with sufficient willingness to objectively acknowledge the fact that the King (their government) is naked and to act on the simple possibilities, as presented in this book, to give him back some elegance and purpose.

About the author

Don Fraser is a retired specialist in employment and labour market policy whose career covered nearly 50 years, working with more than 30 countries as employee or consultant to the Australian government, the International Labour Organisation, the European Union, USAID and AusAID. He holds post graduate qualifications in Economics from the University of Melbourne

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