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Accumulation of financial capital (negative) and the ideology of the conflict in Iraq's economic policy axes 2-2
24/05/2012 0:00
D. The appearance of Mohammed Saleh
to hide the process of increasing the stock of physical capital (energy producing) is the only express what is called accumulation of physical capital (positive), which is the main source of economic growth Bamadeh different. Otherwise, the leakage of financial capital in foreign savings is more like a game of Group zero zero - sum game in the economic system of Iraq. Profit accumulated outside the border, which we launched it termed B (negative accumulation) is the equivalent, in principle, the loss of accumulation of material within the national economy (positive accumulation). So, the equation of profit and loss is equal to zero in the outcome of the country's economic growth within a game group zero.
In other words, any leakage of financial capital (negative) in savings Foreign unless offset by leakage into the positive of financial capital, will be deduced from the processes of capital accumulation of material ( positive) generator of economic growth within the country, which means that the value-added growth and the economic impact will be generated in foreign economies and financial resources of those warehouses which store the accumulation of financial capital and the Iraqi National receding at the expense of internal growth. Instead of turning capital into financial capital or real physical activity within the national economy, we see it turn into a savings fund investments outside the country in such material economically active regions of Foreign Affairs.
and that the paradox in terms of fiscal policy, comes in a similar way to move the game with a group tax zero. Preassigned collection of public finance tax default name: tax return on capital (negative) negative capital gain tax on its content does not mean only the exemption of capital returns outside tax exemption or reward, or even impose a tax or a scanty formal as in the present time. The word (negative) here in a very serious issue, in essence, confirms Mknunat ideological struggle between the joints of the economic policy and contradictory axes (financial, trade and monetary). In the sense that public finance Iraq since 2003, granted the privilege of capitalism Iraqi double secured an exemption mixed with freedom of movement and migration to the warehouses of external financial away from the development opportunities for national investment to end the country's state of the intersection or Alienation Alienation with domestic investment and real labor market unemployed.
Valmkhaev in the order of our country , that the national financial capital and the accumulation of wealth is still searching for immigration and identity outside the home and outside of the unemployed masses of my people. Which constitutes a willful defiance of the state capitalism of financial and financial capitalism in the civil family dispute has not yet reached the stage of divorce. As long as the current economic system lives in the blurred between the central and loss of the free market. It is noteworthy that the labor market and Iraqi masses Atlleha (human capital) pursuing, even if slowly, the capital market financial immigrant probably to no avail because of globalization in the current era is the globalization of the movement of capital, including the Iraqi and not globalization movement of the work the Iraqi ease and the ease with itself, as was the case in the era of globalization the first (ie, globalization in the Victorian era / era of Queen Victoria), where the work is transmitted, for example, from the shores of the Atlantic North and South East easily to the shores of the Atlantic north and south west with looted wealth of the colonies and transformed into Almitropolat or the capitals of the world's central industrial first Ktheroat represents the accumulation capital and financial globalization differently.
Whatever the results, if the current economic system in Iraq leads to the migration of capital, the national financial and surplus profit trading system consumer fast and powerful with slow labor migration and the forces of professional human capital, to end both outside the incubator home development.
not find a financial Iraq in a way appropriate to impose a tax on capital returns positive positive capital gain tax as we have said so played out of zero. Vtadel taxes (negative) returns of capital with the tax returns of financial capital (positive) is still playing a game group zero itself zero sum game.
and even the Iraqi Finance was unable to escape from the reality of conflict and contradiction ideological between the ranges of economic policy and areas of conflict where the level of the discrepancy is Altnahari between state capitalism and financial capital financial Ahli as they try to stay away from controversial group zero-zero sum debate as we expressed above in analyzing the phenomenon of tax on capital.
Votharh financial Iraqi public to the issue of the phenomenon of accumulation of financial capital (negative) and stopovers them in a campaign debate on auction foreign currency to the Central Bank of Iraq did not represent only a phenomenon of evasion in resolving the failures of the economic system, the current Iraqi and diagnosis of its mastery and ills core cross-correlation and the discrepancy between state capitalism and capital-Ahli in the equation is solvable is looking forward to the transition towards a market economy and this amount of contradiction and conflict and the fact Alamurlabd of hitting the overlap is not compatible, interests and orientations of contradictory and conflict of wills, or in the movement of content and Jdlyate within the system of capitalism Iraq itself and both its state and the private sector.
have moved away Iraqi Finance in her right in finding solutions to the game is zero, which could not by themselves provide harmony in the movement of capital and mechanisms configured through the activation of its tax to separate the overlap and provide harmony within the capitalist camp of Iraq itself and it's still very smart to move away from the failures of the game zero tax and that it is serious in turning Msartha through the quest is professed to find a partnership in foreign currency reserves of the Central Bank, taking into account the contradictions ideological current in joints of the economic policy to conduct a conversion in their beliefs in dealing with the phenomenon of accumulation of capital (negative) and reservoirs outside the country without the introduction of Problems of poor tax policy and its ability to disengage and contradictions within the capitalist camp of Iraq, as long as the marriage continues between Alrosmalitin in spite of their being in the case of willful defiance!.
It also went public finance Iraqi monetary policy to eat again, which is independent today within the preference the second second best to impossible to stabilization policies in the future to preference the third third best when fired hints suggested by the recent to the possibility of participation of public finance by using the Iraqi Central Bank reserves and borrowing from it as long as the tax ( negative) returns on financial capital Ahli can not be converted to a tax (positive) (which represents a return of a free state capitalism to recover the oil revenues by borrowing from the cover of the Iraqi currency to the expression of the fierce competition is Tnaharih between capitalist rentier state and the financial capital Ahli, who paid in cash Iraqi Dinars without borrowing in the collected foreign currency from the cover), and here lies the processes of the conflict in solving the problem of the game zero fiscal becoming to another form of taxation the easy collection, which we launched it metaphorically (b escape forward), a collection of (inflation tax inflation tax ) easy collection truncate the foreign reserves of the Central Bank at the expense of stability and monetary policy targets and within the third preference. Noting that the inflation tax will be a fundamental paradox in the game of conflict within the joints of economic policy, which will replace the tax returns of capital (negative) in the forward escape tax of inflation. The former should have been paid by financial capitalism, while the inflation tax, which form the basics of waste stabilization will be paid by the Iraqi people and the justice of a high Tptdo Pfqraúh by the rich, a practice known to the Iraqi people during the phase of the political economy of the Siege!.
In other words, the accumulation of capital (negative ) or taxes (negative) returns on capital do not mean in essence only that financial capitalism civil, being a derivative of state capitalism, spare itself the
surplus is to tax the underlying garbage collection and promised surplus latent Ends in warehouses outside the country without being found a site in development activity Internally, Ibrgbtha as a funding initiative in which financial capitalism itself towards the real activity of development and a strong financial power to benefit, including public finance in the collection of revenue taxes, which touched surpluses fugitive from the development of our homelands heading towards the strongholds of savings and reservoirs outside the country!!!!
playing field with the group Zero of the financial Arhasatha between the public and the accumulation of financial capital-Ahli (negative) and the accumulation of financial capital-Ahli (positive) or dealing tax on capital, both positive and negative speech may have turned off the general financial trends of the conflict within the system of economic policy contradictory trends and tendencies. This time, as we mentioned, is to replace the capital tax leaking outside the border and exempt or slacker from tax as understood by the economic system in Iraq, tax, another dedicated division and infighting within the economic policy is the inflation tax through lust unbridled in the collection of central bank reserves in foreign currency on the grounds that State capitalism is the owner of the greatest and have the right to the reserve in the collection of what you feel appropriate and post Grimha financial capital Ahli accumulated (negative) outside the border and that he wanted to find in the activity of capitalist double and commercial market alone handles the financial capital Ahli passenger free free rider live on capitalism State financial Awittafl them through the use or traffic mechanisms of monetary policy (an auction of foreign currency) at the time still a recent practice the objectives of stability, and trying to present it to the people as a public good stable (JD stable) enjoyed by everybody outside the contradictions of national capitalism and the conflicts raging in this day!! !.
when growing maldistribution of income outside the general budget and become a capitalist accumulation financial Ahli burden on economic development and flows to the reservoirs safe outside the border, what the public finances that are unable to redistribute income from capital in a fair by taxing wealth capitalism positive (as to not possess the ability to describe the ideology of the economic system in Iraq and moving in the orbit of current events without systematic remember), but looking for alternatives faster in tax collection and to maximize resources by substituting a wealth tax capital cationic difficult accessible tax of inflation that can be collected immediately, easily and Asrabr the use of bank reserves CBI for the purposes of the general budget and turn it into a center of state capitalism again without unique to the financial capital Ahli through the problematic conflict in the economic system, the current Iraqi through the role of financial capitalism civil, which are seen as derived from the capitalist rentier state and intrusive upon a variety of ways and means provided by the Iraqi economic system in its current form. What will the Iraqi Central Bank's autonomy after taking signals the shift of preference the second second best by virtue of dependence mechanisms of the strength of public finances or state capitalism to become over time a preference Thirdly third best as we have said, to fade the independence in a game is zero which will turn sooner or later tax capital to a tax deducting inflation and the reserve through the dominance of state capitalism within the capital system conflicts and contradictions between the macro-economic policy joints.
Finally .. It is the ideology of our current economic and correlative in the duplication of high-intensity between state capitalism based rentier oil and capitalism's financial activity Ahli Almstgueth it or spam it.
While looking forward the economic system of Iraq in the transition toward a market economy, but in light of market unbridled outward (consuming and-saving ) and balancing the general habit of consumption and carrying just wishful thinking development, the eradication of the game zero, which indulged in public finance as a victim of the conflict system of capital in Iraq, which in turn generated horizon last of the prospects of conflict with monetary policy similar to the conflict between state capitalism and financial capital Ahli in terms of hegemony and obstetrics and dependency.
On this basis, the game is zero-fiscal in the treatment of tax return on capital (negative) can not be cured, but the integration of monetary policy, financial transactions and counted fringe in the wheel of fiscal policy mortgagee for an economic system centered capitalist rentier state. And resolve the conflict within the current economic system Aithml independence of the Central Bank of Iraq at all, and that the re-organization and market-sharing and resolve the contradiction between capitalism the state's fiscal and financial capital Ahli can not be avoided dismantling docking in the system of capital it look and flows, but can be avoided through the inflation tax to solve the problem of accumulation capitalist national continuing passivity and stability in warehouses outside the border, and then will distribute the burden of tax breaks is received or receivable fragile from the proceeds of financial capitalism (negative) to bringing tax inflation is the tax that would bear the segments of the population, its poor by the rich,, their burden fairly high imposed on everyone? ?? As long as the wealth of local capital to Athompsha tax (positive) to achieve a pattern Mieia more efficient and fairer for the benefit of the general budget, and if what remained of that wealth is moving smoothly in the accumulation Mrdodadtha of tax benefits (negative) in savings Leaked out of the country, the burden will be converted to revenues uncollectible, but through inflation tax, which pays the price for the Iraqi people through a partnership of public finances in the cover of the national currency reserves. N game zero fiscal .. Escape it forward!!.
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