Website © 2014 Ben Collins
political economic theory hopism
Hopism is political theory written by an ordinary person with ordinary aspirations for life. Hopism recognises and accepts human nature’s weaknesses and strengths and tries to build a realistic framework to create a society of low tax, high social service and low waste.
This is Hopism-Beta-Edition, republished again after a four year break due to background issues. It is still edition 1 and could do with some editing, better english, slicker graphics, some videos and many more diagrams. That will get done sometime during rainy dark November 2014, together with a discussion forum, where this rough idea can be beaten into shape and better written by contributors.
The end result is more useful work done, a happier society and more free time to enjoy your life - whilst knowing that social obligations are met.
Hopism is short and sweet
Hopism is under development, there will be bits you like and bits you dont, maybe there could be different splinter variants. The theory itself is simple and should take less than an afternoon to understand. There are around twenty texts on the webring, each less than a thousand words.
A house price comprises several factors, which are simplified in the table as; build cost, land cost, charge for local amenities (link roads, schools etc), luxury cost, location cost, restrictive land practice top up cost, and supply shortage inflation and nonetarism.
Unfortunately supply shortage inflation has warped property costs and creates a second negative which fuels bank loanism and nonetarism.
The more money we borrow from the banks, the more parasitic loanism takes its hold on capitalism and chokes the benefits.
The diagram here shows that even when a property is subjected to 70% over valuation, the actually incurrence of debt on the mortgage taker has a much greater toll.
More of their income is spent on loan interest. This has the double whammy of reducing the amount they can pay back monthly and lengthening the time of the mortgage. That leaves the home buyer with reduced disposable income for 25 years. This chokes their personal economy and also that of their local community. Those 25 years may also include bringing up children, whose lifestyle is truncated by their parents lack of disposable income.
That is a fewer holidays, trips to the seaside and all the good things that make life enjoyable, including more days off for overworked parents.
The financial pressure of the mortgage also brings greater pressure into the lives of the parents, heightening the chance of arguments, divorce or even family violence. Hopism demands over supply of housing via casamunde to clamp down on bank loanism and eliminate supply shortage inflation from the original house price.
The extra housing cost doubles your monthly mortgage payment from €473 to €946. That €473 lost per month is a big black hole in your personal and local economy. By holding down housing costs by oversupply we can create real prosperity by increasing disposable income for ordinary people, with fewer working hours and happier lives.