Unlike Keynesians or socialists, we advocate the payment of dividends directly to consumers and let them decide themselves how they will spend it.Does this mean that you advocate laws against the corporate form of enterprise -- i.e., what used to be called the "joint stock company."
I was not referring to corporate dividends but what social credit calls the "national dividend."
Fair enough, although you should realize that the language is a bit strange.
Perhaps you could explain further. What is a national dividend? Is it like the Marxian surplus value or like the welfare gains of production and exchange in neoclassical economics? The only societies of which I am aware that receive something that could be labelled a national dividend are those like Kuwait and Alaska, which receive revenue from natural resource wealth "owned by the state." Most governments get their revenues through direct taxes. Some also get revenues through borrowing in money markets. And still others "impose an inflation tax."
Please excuse me if I do not take the time that would be required to find the answer to my questions in the various writings you and Mr. Klinck (privately) recommended. I looked them over briefly and was unable to find an easy way to relate them to the questions I am asking.
--
Pat Gunning, Feng Chia University, Taiwan;
Web pages on Praxeological Economics, Democracy, Taiwan, Ludwig von Mises, Austrian
Economics, and my University Classes; http://www.constitution.org/pd/gunning/welcome.htm
and
http://knight.fcu.edu.tw/~gunning/welcome.htm
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