For any state to prosper, it has to be economically balanced:
- Too much capitalism and the state tends towards monopolies, oligarchies, and politicians chasing the powerful.
- Too much socialism and the state tends towards an ownership state, crony capitalism, and the powerful chasing politicians.
For any state to prosper, it has to be asset balanced:
- Too much private land and money, then privileges and land ownership migrates to the few. When the owner is hungry, he over produces and tends to pillage the land. When the owner is not hungry, he tends towards reserves, preserves and the lands are set aside for private use only by the privileged.
- Too much public land, then we have inefficient producers, dependent on other people’s capital, and the common man is eventually prevented from access to those lands. Those lands tend towards reserves, preserves and are set aside for private use only by the privileged. [More]