Why States Shouldn’t Invest In Education & Health Care | Wealth Is A Proxy For The Level of Organization

Education and healthcare are spiritual/moral domains

Education and healthcare: suboptimal expenditure

To compensate teachers, we erect a chain of men who streamline money from IRS to a department of education, which then passes it to school administrators via a nexus of regional offices. Money tumbles through at least ten men before arriving at a teacher. This principle accumulates more grease than metal. The input costs overshadow the outputs. The state must collect multiple times more than it offers in order to feed the grease. The same can be said about healthcare. In this way, state education and healthcare come with debts and deficits, which may lead to assets bubbles and high taxes if mismanaged.

Education and healthcare: human domains, not economic

Since both sectors serve humanity in a spiritual and moral sense, not in an economic or transactional sense, they must be organized accordingly. In some natural cultures, say Bharat, teachers accepted only gifts from students. Physicians were supposed to heal the sick regardless of the their capacity to pay. They were governed by Dharm, not by moneta. In other cultures, preceptors accepted apprentices who worked for them as they learned. Work was the payment. In many cultures, teaching for a fee was considered immoral.

Education and healthcare: misrepresentation of wealth

Since education and healthcare are not economic sectors, their inclusion in GDP calculations misrepresent affluence, which is the state of goods and services available for consumption and exports. It is entirely possible to have a nation full of educated and healthy people who have no money. This happens when a collective is unorganized, where people do not like one another and do not want to work in groups. Without group work, they fail to consolidate into strong value chains that convert resources into material wealth. The limiting reagent of productivity is, thus, the level of organization. When we measure the wealth of nations, we essentially measure the level of organization within nations. Since education and healthcare do not produce consumable or deliverables, they don’t represent wealth or organization.

Bonus:

A good example of fake wealth is the USA. It has massive education and healthcare sectors, yet people experience poverty because they don’t have a thriving manufacturing sector. They depend on imports. They have wealth on paper but really are poor without getting goods from foreign nations, which they buy on credit.

As we saw above, wealth is organization and non-wealth is disorganization. In the US, the poor fail to care for the rich by voting for excess taxation and regulations. The rich fail to care for the poor by misleading them in healthcare, education, the workplace, and more. Too many are busy fooling others when they should care about one another and work together with transparency, honesty, and respect. Then, they’ll surely be able to consolidate into robust value chains and experience abundance.

Good time fellas