Political bodies such as provinces, states and municipalities have a responsibility to the electorate not just as elected officials but as rational human beings to eliminate waste. Reason requires us to do as much as possible with as little as possible. All else is waste. This does not just apply to finances. Streamlining applies to our level of involvement also. Governments have a responsibility to reflect the needs of the electorate without requiring extensive citizen involvement. That is, governments needs to display leadership and take the initiative.

The problem that governments face is that decisions cannot be made for other people in a way that fully reflects what they want. It is also impossible for one man or woman to monitor and every financial decision made by those who work under them. Reason tells us that individuals are best equipped to make their own spending decisions but despite knowing this we are confronted with public needs provided without a way for individuals to pay for the amount of use they obtain from these public goods. We all want unlimited health care but we do not wish to pay for it or for the care enjoyed by others. It makes sense for the individual to take more help than he or she pays for, the same way it pays corporations to pass private costs onto general revenues or the public purse. The more we can get from governments and the less we pay in taxes the better off we are individually. But we cannot all benefit more than we contribute. So ultimately some taxpayers subsidize others. Or, and this seems to be the present case, governments borrow to make up the shortfall.

Many of our problems with providing public services is that incomes are too low to allow people to provide for their own needs. Society cannot experience the efficiency that comes from people making their own spending decisions if people cannot afford to make rational economic choices because they do not have the financial means to do so.

If a person cannot choose not to provide health care for themselves but of necessity are required to accept the socialized option governments cannot say that the provision of health care is a private matter. It can be a private matter only when a person is in a position to make it a private matter.

Exchanges are groups of people organized to produce goods and services while minimizing waste using a free market. Each person in an Exchange is credited for all contribution they make to the benefit of the free market. Likewise each citizen is debited for the use they make of the free markets goods and services.

 

Revised August 2016

 





Exchanges