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One of the lessons that history in the XIX and XX century taught us is that economic competition between states is essential for determining how to best organiz
by sergiosgc 11y ago
One of the lessons that history in the XIX and XX century taught us is that economic competition between states is essential for determining how to best organize societies. A single worldwide ruling hierarchy negates this competition and may hold humanity in a local maximum.
Even today, there are major choices that are different between successful societies, and the definition of what is best is yet to be found. Is it better to have state paid medical care, like in Europe, or private medical care, like in the US? Is it better to have strong unemployment benefits (Sweden, Denmark) or strong worker protection laws (France)? Is pure capitalism (US) better than Social Democracy (EU), or is the better choice Capital Oriented Communism (China)?
The freedom for states to compete fiscally has produced an aberration, though, in the form of offshores. We should work towards severely limiting capital flux between our societies an unregulated tax havens. Without hurting the basic competition principle, though.
Throw the bath water out, keep the baby.