Madness! – South Dakota opts for a water lottery

The South Dakota state Water Board has to determine when existing groundwater sources are ‘fully appropriated’ (used to the limit e.g. by farmers for irrigation). Applications for fully appropriated aquifers are accepted during a 30-day time period.  Applications are placed in a lottery drawing system. The winners will then be announced. This is the first time for this procedure; South Dakota is the first (US) state to allocate water resources by lottery.

Comment: Another bizarre example of valuable state assets being gifted to profit-seeking enterprises.

The water in South Dakota, it has been established, belongs to the people. It should be a source of revenue for them. Gifting it to businesses deprives the good folks of SD some relief from taxation. But it gets worse: distributing allocations by lottery means that the precious water may not be used for the most productive use.

By definition, valuable goods distributed by lottery are given away below the price that would balance supply and demand. We accept this for college places because society demands that educational opportunity should not depend solely on ability to pay. But giving away publicly-owned assets to business enterprises for free or by lottery is economic illiteracy.

This is not the only example of such naiveté that can be found in the arch-capitalist US of A: oil-drilling licences, radio-spectra, hunting permits, rafting permits, student accommodation are all given away by lottery! Wake up you citizens of America! Reclaim what is yours! Stop the corporate free-loading! Stop the lotteries for public assets!

Source for this story: http://www.argusleader.com/story/opinion/readers/2014/10/20/voice-south-dakota-water-lottery/17595461/

Advertisements

How did Van Reybrouck know about lottocracy?

On Sunday, September 29th 2013 in a Dutch TV series named Buitenhof the word Lottocracy (Dutch: lottocracy), although casually, for the first time was used in public in Holland. There was an interview with David Van Reybrouck about his new book ‘Against elections’. Great, that the idea of ​​Lottocracy was mentioned for the first time in the Dutch media. The broadcast can be viewed by clicking below:

http://www.uitzendinggemist.nl/afleveringen/1368517

However, van Reybrouck did not mention in the program nor in his book, that the idea of ​​lottocracy has already been discussed extensively in the book ‘The World Solution for World Problems’, especially in the chapter ‘A Concept for Government’. The book was already published in 1988. The book is available as an electronic book at:

http://www.picarta.nl/

The book can also be read directly on Internet at the address:

http://www.socsci.kun.nl/~advdv/leonbook/leonbook.html
Continue reading