The socialism of Karl Marx, who wrote The Communist Manefesto, is government ownership
of the means of production, as well as of everything else. Nationalist
economics is a program of public provision of essential services that
do not directly involve the production of consumer goods, coupled with a free-enterprise
system for the production of consumer goods. Its purpose is to
secure the interests of the working folk who produce the wealth of the nation.
It is populist in character. Nationalist economics is neither the political Right, nor the political Left, but is a harmonious balance between the two. As with the political Right, Nationalist economics includes the free enterprise system as the best means to achieve the production of consumer goods. Free enterprise promotes individual creativity, ingenuity, and inventiveness to create a progressive society. As with the political Left, Nationalist economics includes public provision for essential social services that do not directly involve the production of consumer goods, such as public education, publicly owned hospitals, public roads, and public provision for those unable to work. Nationalist economics thus creates a balanced and harmonious relationship between the extremes of collectivism and individualism. Collectivism and individualism are the yin and yang of politics. By combining the productive characteristic of individualism and the nurturing characteristic of collectivism into a complementary Whole, we create order, unity, and progress. Those who produce consumer goods (product-capitalism), the products we buy in the market place, are herein defined as the productive of society regardless of their position or income level. Those who obtain monetary wealth and who are not directly involved in the production of real physical wealth are herein defined as the non-productive. This does not mean they don't work, but that they don't produce consumer goods. The non-producers are politicians, diplomats, bureaucrats, school teachers and administrators, physicians, lawyers and judges, bankers, investment brokers, stock brokers, insurance company owners, media moguls, and the millions of government employees with their Liberal Arts degrees. The Productive are all those who are directly involved in the production of consumer goods; those who produce the houses, automobiles, TV sets, appliances and all the other numerous products we buy in the market place. It is important to understand that all the money obtained by the non-producers comes from the producers. All money is generated from real production. Unlike the political Right which advocates laissez-faire, Nationalist economics harnesses the professionals and essential services and redirects their self-serving interests to the benefit of the collective whole in order to protect the wealth of the producers who produce the wealth, and to insure that the producers enjoy the fruits of their labors. In this regard, we do not want to elect lawyers to make the law. We do not want the medical industry to have the power to suppress cures. We do not want bankers and money brokers to have the power to manipulate the economy for their own profit (finance-capitalism). When the non-productive obtain the power to enhance their careers and to extend their power for the purpose of exploiting the producers, then the wealth is unfairly transfered from those who produce it to those who do not. When this happens, the non-producers wallow in the lap of unearned luxury while the producers are financially drained to support them. For this reason, the professionals are harnessed under Nationalist economics. Their services are collectivized as public services for the benefit of all the people, hence the collective aspect of Nationalist economics. This is quite the reverse of Marxism that collectivizes production. Under Nationalist economics, production is liberated from collective control and confiscatory taxation while essential services and the professionals are nationalized to serve the public interest. |
Nationalist Economics by Richard T. Osborne |

Richard T. Osborne |

Blavatsky |