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National planning Cyprus-style solution for New Zealand

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  • #16
    Re: National planning Cyprus-style solution for New Zealand

    Originally posted by PoZ
    Haha clue, why not? I don't see many other nations that can be called mixed economies, do you?

    Singapore and perhaps a few other nations might be the closest thing we have to a mixed economy no?
    Apparently in your mind, being a financial haven that's bought into industries in other countries is a mixed economy.

    Singapore's so called 'home grown' industries - certainly in the areas that I am intimately familiar with - are a joke. Temasek's investments in so called P/C endeavors have been marked primarily by failure - it is only its investments in things like cellular services companies in other nations which have done well.

    Equally 'Made in Singapore' - good luck finding that on anything.

    Singapore's primary role in the P/C economy is flogging 1st world products into India and SE Asia. This makes it 'seem' like Singapore's economy has some P/C presence, but in reality, the exported products are made elsewhere then consumed in another elsewhere. Kind of like the maquiladoras on the US/Mexico border, only without even the labor.

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    • #17
      Re: National planning Cyprus-style solution for New Zealand

      Originally posted by c1ue View Post
      Apparently in your mind, being a financial haven that's bought into industries in other countries is a mixed economy.

      Singapore's so called 'home grown' industries - certainly in the areas that I am intimately familiar with - are a joke. Temasek's investments in so called P/C endeavors have been marked primarily by failure - it is only its investments in things like cellular services companies in other nations which have done well.

      Equally 'Made in Singapore' - good luck finding that on anything.

      Singapore's primary role in the P/C economy is flogging 1st world products into India and SE Asia. This makes it 'seem' like Singapore's economy has some P/C presence, but in reality, the exported products are made elsewhere then consumed in another elsewhere. Kind of like the maquiladoras on the US/Mexico border, only without even the labor.
      Clue, here is the thing, I am coming from a strict definition of mixed economy and being a P/C over FIRE economy is irrelevant in this instance.

      The simple fact remains that in Singapore whether heavily FIRE based or heavily P/C based (which as you said Singapore is a financial haven) the country is a mixed economy.

      A mixed economy in the sense that the state and private sector direct the economy. Isn't this true of Singapore? 60% of the GDP of Singapore is produced by companies at least partially state owned. The state has heavy regulatory oversight and provision of public goods.

      What is your definition of a mixed economy? I am simply stating that Singapore is one of the countries in the world that is closest to a mixed economy. I never said it was a "true idealist" mixed economy but I know you tend to or it seems that you have this idealist view of how economies should operate and how the world should be. We don't live in a Utopia and never will as much as I wish that to be.

      What would you call Singapore a benevolent dictatorship?

      And please answer my original question, what country do you see that is a mixed economy?

      Look I understand lots of people espouse mixed economic views or socialist views but then turn their economies into FIRE economies, I get it.

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      • #18
        Re: National planning Cyprus-style solution for New Zealand

        is this definition close to what you mean by a mixed economy?

        all definitions involve a mixture of economic freedom (the freedom to produce, trade, and consume any goods or services attained without fraud, theft, or even use of force) and government regulation. It deals with public and private control while displaying characteristics of capitalism and socialism. Let’s look at a few examples to see how elements of economic freedom and regulation can work together:

        Example Freedom: To possess the means of production. This gives the people the right to own and operate a small corner grocery store, a large farm, or factory.

        Example Government Intervention: Transportation. All levels of government, from local to federal, levee taxes on the public to fund the construction and maintenance of roads, interstates, bridges, and tunnels.

        http://www.mixedeconomy.org/

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