Marketsm – Active Economics

Economics has been a playground for the governments for the good part of the 20th and the 21st Centuries; from the far right trickle-down Austrian liberalism to the Soviet style ultra left total control by the government. Such extremes were prompted by the ideologies of from one side firm believes in the free Libertarian economics founded on the pro-supply marketplace, vigorously suppressing Inflation through tight Monetary and Fiscal policies and a generally controlled economies by the Communists believing in the Marxists views proclaiming the constant classes’ straggle for who to control the means of industrial production: a pro-supply economics, too ‘from quantitative aggregations to qualitative improvements’ dialectic theory that is just on the opposite side of the Libertarian philosophy whereas the pro-supply principles that create economic growth are the same! Both theories rely on a ideological control over the economy using very common explanation of how a pro-supply economy works: the dialectic powers of the industrialization establishing high profit margins economics!

 When the Communists economies and economists are gone for good with a very few exceptions of Cuba, Venezuela, and North Korea the Libertarians continue ruling the global economics almost unconditionally. By its nature the pro-supply economics is trickle-down driven: either by the rich or by the government owning and controlling the industrial means of production – makes no difference philosophically and practically – the ideas and ideologies are based on the same principles: ‘shady’ business (remember the huge factories polluting, filthy. full of injustice and Communist officials in total control on individuals freedom or the big businesses and investors using Offshore Banking and many other ways not to pay taxes). The Communism and the Capitalism have many things in common even when the results are different: the first is gone without glory when the second has succeeded in building prosperity in North America, Western Europe, Japan. etc 

 However, the industrial production capabilities evolved from a pro-supply short marketplace into a pro-balance such: the ongoing Globalization, rising Productivity, the Internet and Chinese Industrialization have reached very highest tipping off the supply driven markets. The exogenous global forces are up to the point of suppressing markets invoking stagnations: dilation instead inflation.

 The Global Warming is a turn-off on the old style pro-supply economics factor, too: the inability of the libertarianism to establish stable markets with less inequality and alleviation of the global poverty necessary for reduction of  old vehicle usage and primitive heating, excessive deforestation that is a main source of pollution and improper garbage disposal.

 A practical economics able to comprehend and apprehend these new developments into  productive force is needed more that anything because the global marketplace is ruled by conceptions and ideologies. In the modern age of high technologies and the Internet the probabilities for setting up such productive economics are as high as ever, but the ongoing believes and conveniences of the old even underperforming practices are overwhelming.

 Such economics, I called Marketism i.e. Market Economics saves on a Micro level the markets and market competition as factors that can limit excessiveness by keeping free entrepreneurship the main source for development, and by limiting governmental powers and market take overs.

Economics that marginalize the inequality with which Small Businesses and Investors participate in the market competition in compearance to the Big Businesses and Investors, and makes economic tools such as Social and Infrastructural expenses of the past partially equitable parts of the Market Equilibrium. Takes in account the exogenous powers and environmental protection to steer business activities in these very complex marketplace.

 Marketism is also flexible: it differs from market to market, from country to country, where even though, the Market Agents such as the Rule of Law in Business, Contracting, the Environmental Protection, Consumer and Labor Protection, Intellectual Property Protection, Insurance and Bonding Laws must be mandatory the Market Tools of Private and Public Investment, Subsidies, , Social and Infrastructural expenses, targeted Market Leaps with less or more governmental involvement are disproportionately used and specific for individual markets.

There is no status quo in using Market Tools: some markets where the governments are much involved may need less involvement some to the opposite may need more; however, targeted are Full Employment and Low Inflation/Deflation: the Budgetary Economics goes to a secondary factor – the risk to reward investment of Marketism is similar to the Stock Exchanges present system – Governments should not be neither becker nor  investors; even though the strict business laws call for personal liability the insurance and bonding,and bankruptcy are market tools,

Joshua Konov 2016


About Joshua Ioji Konov
email twitter joshuak2077

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