1.3 Vampire Economics
Capital Consuming or Non-producer Rewarded Economics is Vampire Economics. This contra-survival economic system sucks the life-blood out of a society and/or Nation. Money, the symbol for production value and production energy, is the life blood of a society and/or Nation. Vampire Economics leads to recessions, depressions and even to the death of a Society and/or Nation. If the society and/or Nation doesn’t die under Capital Consuming Economics / Non-producer Rewarded Economics, suffering becomes extreme to the point where Communism and Fascism rise out of the ashes of this failed economic system.
This leads to reigns of terror and suffering until the Producer Rewarded Open Market Economic System makes a come back. Throughout history Producer Rewarded Open Market Economics has prevailed. We would be back in the cave stage of civilization if the Producers hadn’t eventually always prevailed. These periods of suffering and reigns of terror don’t have to take place. We need to stay on the razor thin road of Producer Rewarded Open Market Economics and we will survive over time in very good condition. We will have optimum money velocity and prosperity on this road of rewarding the producers.
Definition 3 of Capitalism covered in the article titled “Capital Producing Economics,” also aligns with Capital Consuming Economics / Non-producer Rewarded Economics. This type of Capitalism like definition 2 leads to much suffering and death. Anytime money is taken from the Producers (creators of it) and given to the non-producers, in any form, production incentives decline causing production to decline along with a decline in money velocity. This will lead to the eventual death of a Society and/or Nation unless the Producers are correctly rewarded. If death does not occur, then we see much suffering and starvation leading to the kicked in the head systems of Communism and Fascism. These types of societies are ruled by rewarded non-producers who are on the road to succumb and are willing to take all with them.
Maintaining an optimum money velocity is achieved by fully rewarding the Producers of the money and wealth in the Society and/or Nation. In the past history of Man’s Economics, the Producers have always saved the day in most cases. Now that we have the Technology of Economics, Producer Rewarded Open Market Economics, written down we can take it and knowingly use it to maintain a high level of production survival and money velocity.
Producer Rewarded Open Market Economics
The Science of Economics
By RP Obrigewitsch
April 4, 1993
Rev: September 1, 2011
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Axioms of Economics
Constant Money Supply
Money Velocity and Prosperity
- 1.0 Money Velocity and Prosperity
- 1.1 The Money Velocity Cycle
- 1.2 Capital Producing Economics
- 1.3 Vampire Economics
- 1.4 The Goal of a Society
- 1.5 Production Efficiency
- 1.6 Why Money Velocity Slows Down?
- 1.7 Capital Destroying Economics
- 1.8 Producer, Non-producer or Counter-producer?
- 1.9 Razor Thin Path
