Governance

The Millionaire Phenomenon

May 16, 2011

The Neothink Society · Governance · May 2011

The same force that turned the computer from a room-sized machine owned by institutions into a device anyone can carry can be released across every industry at once. When it is, the goods and services once reserved for the wealthy reach everyone. This is the millionaire phenomenon, and the Twelve Visions Party is built to produce it.

The Twelve Visions Party seeks no political power. It addresses the structural reason existing systems of leadership keep breaking down, and it corrects that reason at the root. Its work is to shift government from a structure built on power to one built on protection, to end forced taxation, and to return every dollar paid into a failing Social Security system, with fair market interest, to the people who paid it.

Two Instruments The entire program rides on the Prime Law Amendment and the Protection Only Budget. Nothing else is required.

The Prime Law Amendment removes the use of initiatory force from government. The Protection Only Budget confines government to a single function, protecting its citizens, and funds nothing else. Together they dissolve the regulatory weight that holds back the most productive minds in the economy. Released from that weight, those minds drive a technological revolution across every field.

The Mechanism Remove the regulatory weight and production multiplies. As production multiplies, prices fall and buying power climbs.

The effect on cost is direct. As industry after industry climbs the way the computer industry climbed, production multiplies and prices fall. Buying power rises as prices drop. Reduced, unforced taxation leaves more money in each person's hands, and every dollar reaches farther than it did before. Government operates on roughly a third of its present budget, which drives taxes down further still.

The millionaire phenomenon is what happens when initiatory force is removed from government: the cost collapse that turned the computer into a personal device spreads to every industry at once, until the goods and services once reserved for the wealthy reach everyone, including the poor.

A government confined to protection holds no assets unrelated to protection. The Twelve Visions Party sells those assets. Part of the proceeds repays everyone who paid into Social Security, with fair market interest. Part pays down the national debt. The standard of living rises across the whole population.

This is how wealth reaches all the people, including the poor.

Common Questions

What is the millionaire phenomenon? The millionaire phenomenon is an economy-wide cost collapse. When the same competitive cost reduction that turned the computer into a personal device spreads to every industry at once, the goods and services once reserved for the wealthy become affordable to everyone. It describes a population whose buying power reaches what only millionaires could once command, not a scheme for making individuals rich.

How is it different from redistribution or a government giveaway? Redistribution moves existing wealth from one group to another. The millionaire phenomenon creates new abundance by releasing production. Prices fall because output multiplies, not because money is taken from some and handed to others. Wealth reaches the poor through lower costs and higher buying power, not through transfer payments.

What is the Twelve Visions Party? The Twelve Visions Party is a political framework that seeks no political power. It exists to shift government from a structure built on power to one built on protection, to end forced taxation, and to return Social Security contributions with fair market interest. Its entire program rides on two instruments: the Prime Law Amendment and the Protection Only Budget.

What does the Prime Law Amendment do? The Prime Law Amendment removes the use of initiatory force from government. Government may still protect citizens against force and fraud, but it may no longer initiate force through regulation, coercion, or seizure. This is the single change that releases the most productive minds in the economy.

What is the Protection Only Budget? The Protection Only Budget confines government to one function, protecting its citizens, and funds nothing else. With government restricted to protection, it operates on roughly a third of its present budget, which drives taxes down. A government confined to protection also holds no assets unrelated to protection, so those assets can be sold to repay Social Security and pay down the national debt.

Why does removing regulation make prices fall? Regulatory weight holds back the most productive minds and slows the introduction of better, cheaper production. Remove that weight and industry after industry climbs the way the computer industry climbed. Production multiplies, prices fall, and buying power rises. Lower, unforced taxation leaves more money in each person's hands at the same time, so every dollar reaches farther than before.

Further Reading

  • The Twelve Visions Party: the political framework built to produce the millionaire phenomenon through protection rather than power.
  • The Prime Law: the single principle that removes initiatory force, the root change the Prime Law Amendment enacts.
  • The Protection Only Budget: government confined to protection alone, the instrument that collapses the budget and frees the economy.
  • Initiatory Force: what it is and how its removal from government releases production across every industry.
  • Where Members Apply It: how members of the Society build value in an economy where production drives prosperity for everyone.

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