Sunday, January 29, 2012

“Fair Share”: The Allocation Process of Fair-Share-Units

Suppose one viewed the political argument of “fair share” as fair-share-units? That is, if one considers the fair share argument, that of transferring [redistribution], what about considering the argument in terms of transferring or redistribution of fair-share-units from some sort of production realm to some sort of recipient realm.

Putting aside one’s political view of redistribution, consider the following:

(1)    In the abstract, regarding these units of fair share, is it possible that one would experience a production problem of fair-share-units as no incentive exists for production?

(2)    On the consumption side of fair-share-units, would one experience a grand incentive to consume?

(3)    Skipping by utility, marginal utility, production frontiers, etc. …. would there be any chance [using particular debate jargon of particular debaters] of these fair-share-units being affected by “greed” or “hoarding”?

(4)    Would there exist a “1%” of fair-share-unit holders and the other “99%”?

(5)    Would the consumption of fair-share-units create “envy” and lead to class warfare distinctions among those consuming fair-share-units?

(6)    If fair-share-units, the production thereof, suffered problems, is it possible that fair-share-unit production would have to be “bailed out”?

Economics is the allocation of scarce resources with alternative uses. If the allocation thereof, with free participants in a free market is politically framed as greed, hoarding, 1% vs. 99%, envy, class warfare, and bail outs…. then the allocation process of fair-share-units would be otherwise?

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