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Old 06-15-2007
danielpalos danielpalos is offline
Secretary of Defense

 
Member Since: Jun 2006
Location: US, California
Posts: 3,044

   
Re: Economic theory and politics.

Quote:
Originally Posted by Luap View Post
I agree with a more active UN as an international political institution that could parallel the international economic order, on the condition of reform. If it is going to be a public institution more closely affecting the people of the world, then I think steps should be taken to make their voices more able to shape the institution's policies. For such a system though, there'd have to be change at the national level as well.

Overall, I think minimal regulation and intervention in the form of social safety-nets is the best way to offset the harmful consequences of business--the problem is that no institutions exist to play that role in the context of the global economy. Perhaps the probable replacement of the nation-state with a sort of continent-state (if continental-unions follow that path) will make cooperation toward such a global agenda more possible.
What do you think of a hypothetical, US of Earth, with a constitution similar to the US Constitution; but with an amendment based on the theory of nullification (i.e. a formal mechanism for enforcing the Tenth Amendment), as a states' right?
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