Provincial Wealth Redistribution Methods

Discussion in 'General Philosophy' started by Chives, Jul 3, 2012.

  1. Chives Newest Member

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    Let me preface that what I'm doing here is not stating a case for socialism. What I'm doing is simply outlining a few provincial wealth redistribution methods. The purpose of all of these methods is to equalize the wealth of the provinces in a nation. However, each method measures equalized wealth differently.

    Let me be clear that I'm not looking to start a People's Republic so I can play economics with the nation's wealth, nor am I pretending to be a world-changing socialist economist. I'm not going to pretend that these relatively basic methods are my game-changing theories to a global socialist republic either. However, I did come up with these on my own accord after reflecting on their concepts in meditation. I have no doubt that others have come up with nearly identical, if not precisely identical methods on their own or with help of others at times other than this. I did not research these things, so I have no sources other than myself to cite. This is nothing more than a synthesized article about a series of provincial wealth redistribution methods I've come up with after reflecting on them for a few days.

    Provincial wealth redistribution, for those of you who are dumb and American, would basically be a program designed to redistribute money from a state that has a lot of it, to states that have less of it, until everyone has the same amount of wealth. In the methods I list, the goal is to explicitly equalize the amount of wealth between the states/provinces.

    There are many, many different ways of measuring wealth, but for the sake of the methods listed, wealth is defined purely as a region's GDP. As well, there are many, many different ways of dividing up wealth. Here, we're just dividing it between provinces.

    To help demonstrate the redistribution methods, I have created a made up nation called Crocvea, where these policies will be enacted between the country's four provinces: Red, Blue, Green, and Orange.

    Here's a map of Crocvea showing the four provinces of the nation and their respective GDP's and populations

    [IMG]
    Crocvea uses the US Dollar as its currency.

    An important thing to note is that these methods, for practicality, disregard which provinces have primarily urban populations and which ones have primarily rural populations, which would play a major role in the real world.

    But enough prefacing, let's get into the methods themselves.

    Unweighted Provincial Wealth Redistribution
    This is as simple as it gets. You take the provinces that produce more wealth than the national average and equalize it with the provinces that produce less than the national average.
    Red Province and Blue Province produce more than the national average, so they are going to share their wealth with the Green Province and Orange Province.

    Rather than writing out the math, I'll let you guys do it in your head.

    In the end, all four provinces will have $625 of wealth to work with, thus equalizing the wealth between the provinces.

    Simple Weighted Provincial Wealth Redistribution
    This is similar to the unweighted method, however it adds a second variable in addition to the GDP to weigh the redistribution of wealth.
    While the second variable could technically be anything, these series of methods will define the second variable as the province's population.

    Unfortunately, if you were to use the unweighted method, then divide the respective wealth of the provinces ($625) between the people in each province, the wealth is clearly not balanced.
    Here's how the National GDP would be divided between its citizens:
    Citizens in the Red Province: ~$1.04 each
    Citizens in the Blue Province: ~$1.56 each
    Citizens in the Green Province: ~$0.78 each
    Citizens in the Orange Province: ~$3.13 each

    The wealth of each citizen is obviously not equal using the unweighted method (Citizens in the Orange Province have approximately four times the wealth of the citizens of the Green Province).

    Again, I'll spare you the math of calculating this method, since it's still quite rudimentary.
    Here is the appropriate wealth redistribution between the provinces using the simple weighted method:
    Red Province: $750
    Blue Province: $500
    Green Province: $1000
    Orange Province: $250

    If you divide that by the number of citizens in each province, you'll see that each and every citizen has $1.25 in wealth.
    Or to put it another way, the GDP/c is $1.25.

    Complex Weighted Provincial Wealth Redistribution
    This is where the math gets fun.
    Just kidding.
    This is where the math gets bat-shit insane to the point that you want to kill yourself for trying.
    So there will be no more math, or examples using Crocvea.
    Instead the methods shall be explained purely in theory since Crocvea only keeps track of its provinces GDP's and populations.

    The complex weighted method takes the two variable used in the simple weighted method, then allows you to add any number of appropriate additional variables to determine a more refined and precise system of wealth redistribution.

    If any of these methods were to be used in the real world, this one, and the ones following, would likely be the ones utilized because they factor in real world data in addition to the GDP/c of each province.

    Single-Priority Complex Weighted Provincial Wealth Redistribution
    This method uses the same system as the complex weighted method, however it specifies that a single variable carries more weight than the other variables factored.

    Multiple-Priority Complex Weighted Provincial Wealth Redistribution
    This method uses the same system as the complex weighted method, however it specifies that at least two variables carry more weight than the other variables factored.
    Viking Socrates and kobashenka like this.
  2. kobashenka Ms. Stalin

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    I have the weirdest boner right now.
    Chives likes this.
  3. Yarpen Well-Known Member

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    Is by any chance Crocvea where Crocve live?
  4. Chives Newest Member

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    It's a piss poor country.
    Probably capitalism's fault.
    And that's why these wealth redistribution programs are being considered.
    Either way, yes.
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  5. Viking Socrates I am Mad Scientist

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    I salute this.

    +3 respect for Chives.
  6. pedro3131 Running the Show While the Big Guy's Gone

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    Hey Chives... Do you realize the US already does this with our tax system?
    [IMG]

    numbers are old, but they follow the same pattern in terms of who's getting more money then they receive. Not to be political about it, but most of the states that call president Obama socialist are the ones succumbing most to the redistribution of wealth.
  7. Viking Socrates I am Mad Scientist

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    ^Thank you for that information Pedro.
  8. pedro3131 Running the Show While the Big Guy's Gone

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    To be clear it's not entirely what he's talking about, but in states where more people are earning more money, they pay more in taxes then states with less people earning more money. The federal government then gives money out weighted by state need, so you kind of have a defacto provincial wealth distribution, even if you aren't directly taking from one state and giving it to another.
  9. Chives Newest Member

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    I actually wasn't aware that this program existed, thanks for pointing it out, but like I said, I didn't actually do any research for this, instead, these are just theoretical methods I came up with on my own.

    The main difference it seems between that program and my methods, is where the redistributed wealth is coming from.
    The one in the US is drawing and redistributing taxes between states, while my disregards things like provincial taxes and social spending, but that doesn't mean that they aren't major factors in determining a system of equalized wealth redistribution. Therefore, the last three methods, like I said, would be the most appropriate in a real world situation.

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