>>As long as the big, bad State has the power to
>tax anything it wants, it can finance anything
>it wants by taxing.

Once again, Max, you are absolutely right. In principle.

All it would take is a political upheaval of the magnitude of, say, a
socialist revolution to enact Max's sensible suggestions for saving
capitalism from its own worst instincts. But, uhm . . . there's still one
thing I can't quite figure out.



Regards, 

Tom Walker
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