Georgi Stomana's Three Golden Rules of Economics

[Georgi Stomana]

1. Never assume that a human being will do anything voluntarily. Even if they do then who is to say they might not change their mind tomorrow? Force is the only universal language humans understand.

2. Money must be directly tied to production. Each worker must be paid not according to the time they have worked, but at a fixed piece-rate for each unit produced or action performed. We must work smarter, not just harder.

3. It is better to overfill a quota than to only merely it. A surplus is always preferable to a quota, if raw financial coercion can make a worker meet their quota, then psychological motivation can produce a surplus.

Quote of the Day:
"Voluntarism is not necessary to run a state, a state can survive on the foundation of force alone, but volunteerism and psychological motivation can make a state even stronger, so it is a good thing to have - but not to rely on."

Edited December 6, 2014 by Georgi Stomana

[Mikhail Gorbachev]

Interesting, also subtly autocratic... and a bit communistic. I think motivation is more important than you think it is though, and there's a reason the most successful countries in the world are capitalistic democracies.

[Geronimo]

Very interesting

[Georgi Stomana]

Interesting, also subtly autocratic... and a bit communistic. I think motivation is more important than you think it is though, and there's a reason the most successful countries in the world are capitalistic democracies.

The same basic rules apply, in both a socialist and capitalist system there is the basic motivation to provide for provide for yourself and your family. But in a capitalist system the psychological motivation is directed at the individual - that a worker can join the capitalist and get rich - but even if we are to assume that 10-15% of the population are the propertied class (varies from country to country) then chances are they will not join them as expansion of the capitalist class would mean lowering it's living standards to accommodate new members (although exceptions always exist). But in a socialist system the motivation is for all people to work to increase the living standards of everyone, gradually and equally, which will take a lot longer.

Edited December 6, 2014 by Georgi Stomana

[Destroyer]

Interesting

[Georgi Stomana]

I think I should add another rule: Be careful about taking on debt with interest.

[Morgan]

This almost sounds like a real theory

[Mikhail Gorbachev]

I think I should add another rule: Be careful about taking on debt with interest.

Example: Sub-Saharan Africa

[Vincent]

There are no free lunch in this world, You want me to help , tell me what's is in for me. That is the Ultimate Economics in the world.

Edited December 9, 2014 by Vincent