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.
Status
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.
ENEMIES
FUNDAMENTAL
| loanism | non-jobs | nonetarism | corruptation | crimecancer | mortgageslavery |
CONCEPTS
MOVEMENT
Mortgage slavery
Mortgages originated to give freedom, but due to deliberate restrictive practice on housing supply, the long term economic result is bank centralisation and loanism. This poverty through house price increases is primarily due to inflationary new build restrictions and restricted overvalued new building land.
A mortgage is a wonderful invention, it allows ordinary people the chance to pay for their own house at a cost similar to a commercial rent. This in turn provides builders with funds to buy land and build houses to meet demand. Savers are also rewarded with modest interest payments which allow the mortgages to happen and also encourages more saving. Eventually, in theory at least, everybody gets to own their house at a reasonable price.
That system is almost perfect, it is fair, provides freedom and reward for hard work. It works even better when administered by a local philanthropic building society along the lines seen in the film ”Its a Wonderful Life”. However that system is easily warped into what happens in many areas of the world.
Anytime any commodity is artificially restricted so that demand outstrips supply, prices will rise and not reflect the capital value of those goods. Everybody needs a place to live so homes are the one commodity that must never be restricted. Restricting homes is against base capitalism and a contributory cause of ”modern property capitalism” and loanism.
This cynical restriction creates high credit interest payments demanded by large mortgages and rots an economy from the inside by centralising economic life on house credit interest, not people or traded goods.
In the UK all of the following inflationary conditions have been applied to the housing market.
- Social housing projects are sold off, new social housing restricted.
- Land for house building is restricted and housing shortages inflate house prices.
- Depositless mortgages and 105+% mortgages inflate prices when supply is restricted.
- Offering 40 year mortgages and mortgages above three times income, inflates prices.
- Changing lifestyles of more single people and single parents families increases demand.
- Banks lending money that does not exist in real capital except as noney inflates prices.
- Buy to let mortgages – the ultimate inflationary measure in a restricted volume market.
- Co-operative and philanthropic loan companies (building societies) are turned into commercial banks.
- Business is starved of funds, as investors are lured into higher returning and safer spiralling property investment.
These measures have kept house prices steadily rising and the economy ”prosperous” with noney from these property value gains sloshing around in the economy. Everybody with an existing house is happy to see their value double. Until now that is, where the UK is in the end game phase of these policies and the gravy train has stopped. People are left with overvalued houses.
Over 900 billion pounds that never existed (noney) was loaned to the banks to stop total financial meltdown. Double income families now face 25 years paying for a house whose capital value may be only one third of the market
price for the house.
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