In the new world a complex system of network nodes and links are
appearing that changes the nature of government. if you accept this
premises then the question is how does one tackle the predatory
state and in doing so seek to unwind the symbiotic relationship that
exists between it and powerful interest groups. these interest
groups have varied nature and purpose and range from rent seeking
elite that dominate the state to subsidiaries of state benefit
system. they include lawyers, public servants, artists,
beneficiaries, regulators or bankers. Governments through law
making, taxation or public spending have promoted these interests in
return for votes, partisan patronage and allegiance. the nature of
social discourse in regard to stakeholders is predominantly
ideological and not constructive; often focused on singling out one
of the groups while overemphasizing the relationship it has in
wielding social bonds. the left sees the banks as the very source of
the problem, after all they caused the calamity of credit crunch and
their greed drove financial institutions to near collapse. The right
sees recipient of public service funds and those employed by the sector
as the source of the problem. this is a dept crisis and the government
is spending way over what it affords in order to appease the
current generation at the cost of the young and the unborn.
as you can appreciate this is not in the interests of the society and the rule of law. it is clear to an onlooker that the nature of state institution should be altered in a way to face up huge agency problems. this would require charismatic leadership that is willing to take the risk. another but most likely scenario is the tale of continued entanglement of the state with the interest groups, eventually the market loses faith in the capacity of nations and the mountain of depth piles on but the state using monetary and financial policies manage to maintain financial confidence and prevent the collapse of the economy. this scenario is already shaping in the UK. this era will see economic stagnation and large scale unemployment but the government won't have to default.
my solution is to revisit the role of the state and in the light of its mission study the relationship it has formed with various groups. a range of solution will surface and we can put them all to democratic test. through a system of bargaining that is the characteristic of democracy we will arrive at a few that are acceptable to all. the dept, economic stagnation, unemployment, immigration ... are not the problem they are just symptoms.
as you can appreciate this is not in the interests of the society and the rule of law. it is clear to an onlooker that the nature of state institution should be altered in a way to face up huge agency problems. this would require charismatic leadership that is willing to take the risk. another but most likely scenario is the tale of continued entanglement of the state with the interest groups, eventually the market loses faith in the capacity of nations and the mountain of depth piles on but the state using monetary and financial policies manage to maintain financial confidence and prevent the collapse of the economy. this scenario is already shaping in the UK. this era will see economic stagnation and large scale unemployment but the government won't have to default.
my solution is to revisit the role of the state and in the light of its mission study the relationship it has formed with various groups. a range of solution will surface and we can put them all to democratic test. through a system of bargaining that is the characteristic of democracy we will arrive at a few that are acceptable to all. the dept, economic stagnation, unemployment, immigration ... are not the problem they are just symptoms.
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