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D. The appearance of Mohammed Saleh *: the accumulation of financial capital (negative) and conflict اديولوجيا in Iraq's economic policy axes
.
To the extent that led the oil revenues and the accumulations, wealth
financial capitalism of the state, trends and themes of monetary policy in the framework of the so-called effects
of cash for fiscal policy (whether in the dominance of public finances to create cash basis
of the Central Bank or the accumulation of reserves of foreign central bank of Iraq being a cover
of the national currency traded outside the central bank), these effects monetary financial
public has become clear in making the idea of independence central bank (from my point of view
personal) as a preference second best Second rather than favorable first as you want
monetary policy that the dominance of state capitalism financial on the evolution of the movement of money overall
in Iraq and control or monitor monetary and developmental trends and consumer according اديولوجيا
hybrid imposed by the current circumstances and the state of the economy, as an extension of the phenomena of the rentier state
.
That state capitalism Balyatea working Taatcyr and trends
of public finances and is consistent with and detail, which leads at the same time the movement of capital
financial Ahli promised last natural extension of the first through the bond market and its mechanisms, which
formed as a commercial financial harmony and composition Eladiologi to state capitalism, particularly the consequences of
problematic distribution of consumer in the general budget They attribute that dominated capitalism
in the problematic distribution investment in that budget. The widening scope of equality and justice in the budget
public and to maintain the phenomenon of distribution across the predominance budgets consumer operational and the provision of goods
essential public nature service that enveloped overhead and trends at the expense of
low investment opportunities and sufficiently productive in the equation is balanced led to the formation of
bands attached to financial capitalism national civil
adapted with the consumption pattern of the financial state and configuration of the rentier state capitalism .
Firas your money and Trakmath financial and severity configured this
direction came expressing the degree of integration and cohesion between operational elements or
consumer budgets country's public and development sector capitalist financial Ahli
, who was born sector commercially consumer externally supporter him, especially after he changed
models of Iraqi life and patterns of living and the globalization of consumption during the nine years
and that came as a reaction against remnants of harsh deprivation and starvation during the decade blockade
and pain .
Loss of investment opportunities nationally and maximize production and leave for
the establishment of the accumulation of real material Imad production and economic progress came because immersion community and orientations
of state capitalism toward fun consumption and laziness and inaction against the will of the production and maximize
investment, which led undoubtedly to create sector capitalist financial Ahli product state capitalism
financial determines the level of docking and integration in the formation of the overall financial capital of the nature
of profit and the creator of a parallel financial institutions other is integrated with
consumer commercial renaissance that looks in Taladtha with external market for shopping or
transmission money. In this Astmzjt financial capitalism and capitalism commercial civil
in streams to Atptad phenomenon created and wealth of financial capitalism and written consent of
the speed of rotation of financial capital and profit maximization and speed recycled by recycling at least
three times per year and within cycle commercial consumer Links between our country
and the outside world .
Given the paucity of investment opportunities in the productive sectors,
with the exception of financial investment Ahli aforementioned and الملتحم equation severe adhesion
investment commercial consumer, the backlog of capital gains and the general wealth
capitalism growing Almighty capitalist accumulation Financial they have to find him incubator alternative
in the business cycle short range, which extends to the markets geographic regions
surrounding Iraq, as those regions turned into Warehousesexternal financial
profits accrued from the business cycle Iraqi short-term, which we call
Iraqi external savings . and on this basis taking financial capital
surplus way to accumulate in those External financial warehouses And regional
, which is the product of profits or surpluses docked financial capital to draw capital
Ahli which is under development and strength with the severity of the expenses of the general budget and the predominance of nature
. In order to Aneptad far Malate what we write, the financial capitalism
of the state have been born by virtue of its orientations consumer and distribution that are looking to create a community
welfare consumer rates and perceptions exceeded expectations in creating a community welfare
productivity as long as the fuel of this process is oil rents easy collection and easy accumulation.
therefore birth complications financial consumer and commercial Preference External Links profit and cost-effective
to be uttered surpluses and Edjaradtha outside the country to meet with maximizing their marketing towards
domestic consumption in light of the limited application Preference national production sector and weak alternative investment
which is Bug and problematic current economic system In the country and the source of conflict
Eladiologi and frequent Alabhamat or unknowns in Iraq's economic policy axes
, whether financial, monetary or commercial and on top of that policy development
landmarks vague .
Monetary policy of the Central Bank of Iraq, which was built on the
adoption of mechanisms of market economy and tools indirect intervention in the money market and respond
to levels of cash high generated by public finance through the movement of capital
the country's financial surplus request for Aakavoh produce real generated physical investment or real except
reward one of the existing Mali is Iraqi Central Bank reserves and assets in currency
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currents consumer spending higher, which generated public finances across multiple spending is
a product that is the source of the evils of inflation and the deterioration of living unless rewarded offer Favourites and service and AVI
which is to Ayuverh political economy of Iraq this dilemma in the system configuration
Economic unless puts the Iraqi Central Bank reserves cover and foreign currency
to meet the demand to reflect the strength of dollar financial commodities rights are foreign or services
are under the power and the will of the National Commercial sector docked and draw a head of finances financial
financial. policy of sterilization Adopted by the central bank to control the
levels of liquidity and absorb the demand liquid massive Iraqi dinar dollar-denominated
and based on insufficient supply of foreign currency to meet consumer demand and various
varieties demand including the accumulation of profit commercial capitalism Iraqi Finance, which
erupted today Staff conflict Eladiologi between fiscal and monetary policy In
a market economy, the great capitalist it is the financial capital of the state and subsidiaries of capital
Ahli as if there is a dispute over the distribution of wealth within the capital camp! .
Vmzad foreign currency to the central bank is to auction funny
Wailing which hides that conflict Eladiologi both between joints economic policy itself
or between financial capital total (public and private) where looking monetary policy mechanisms
achieve its goals in imposing stability on the standard of living
through a stable exchange rate and level General prices and this is a condition that
requires consistent high with capitalism
's financial sector and the National الملتحم business with overseas and reservoirs exciting
of the controversy stoked epicenter conflict with state capitalism to end to the conflict within the joints
economic policy herself wars of accusations and concerns forgetting that cause
major is characterization of the economic system Iraq and the problematic system rentier
laced state capitalism, a source and a compass generate conflict. Mechanisms currency auction
foreign which is based monetary policy to achieve its goals in the stability of Ayad for
being one of systems dealing with financial capital overall and its parts and Trakmath dinar
Iraqi spent across Budgeting public that dominate 60% as a percentage of gross domestic
gross of Iraq, which generated resources oil pour into the end in capital Mphaqs
Finance which take place outside the country, whether in trade finance consumer
financial or break up accumulations of commercial profits in those warehouses safe outside
Kpar boundaries financial polarized capitalist accumulation Iraqi. question of who is guilty: Ahi
fiscal policy (Compass capitalist economic system overall financial his tools tax
) or foreign currency auction (of being a tool of monetary policy faced by the strength of those
capital and incubator provides stability)? It unknowns Bewildering Cupboard the
vagus Iraqi economic system in detail, movement and orientations as an economy Strong
consumption weak development .
Valtrakm financial Iraqi capital is still looking for a shelter
to diversify the province Outside the country rates and proportions are consistent and the accumulation of wealth and capital
overall away from any investment opportunities real industrial was or agricultural or other productive
impact effective in bringing the power of growth can reduce actual unemployment to place
the decimal one and reduced their levels disturbing current, which is still among the
young Working more than 25% of that class task. As long as the movement inside the head of
money in this direction and orientation, the central bank auction will remain one of the biggest problematic relationship
between state capitalism and capital Ahli represents an entity of the conflict in the acquisition of
wealth-sharing and touched source charge within the economic system contradictory streams
the same capital and transfer mechanisms sources of wealth to outside the country, both to finance trade or
keep Pfoaúdha in those regional warehouses and others. Vdhiraah stability and maintain
the standard of living of the monetary policy will remain a priority have no importance in the midst of the contradictions
in the movement of capital and financial conflict raging is Altnahari between the capital
and the National generator his state capitalism and forces rentier .
The correlation between the financial capital of the country and Ahli were
still ongoing and coexist without reaching conflict Altnahari stage, but in the spring of peace
and the sharp contrast but Scouts conflict and the level of intensity reflected by the mirror foreign currency auction
of the Central Bank of Iraq. Although they are still also one case and hand
-related activity has made the country a machine consuming Class Off for investment
and production level similar to Amehal. But bug conflict and the level Tfjrh are machine funding
in foreign currency and the interpretation of the legitimacy of the surplus to finance capital Ahli and the legitimacy of conversion
and economic freedom in dealing with warehouses wealth accumulation financial outside the country through our
capitalist economic financial enigmatic landmarks in the interpretation of the limits of personal property and the freedom
to act out! .
If the conflict within the camp of the capital
picture is Altnaharih until this moment, it must get a little in-depth research on the implications of
that conflict and its ideological contradictions within the joints Iraqi economic policy itself .
Has overcome distribution and the search for justice
social budgets country's public rentier idea of economic growth and boost
the country's development and to investigate opportunities to create wealth
and material to maximize returns from outside the oil sector to the circumstances and facts experienced by contract
last hard Anchors front shifts social, economic and political interventions international is
greater than the capacity of the country .
When you return to the philosophy of fiscal policy
that I believe are the source of conflict and power generating financial capital found philosophy has fragile about
other resources funded by the general budget of the non-oil revenues. So let everyone see
the resources of the general budget tax not find it by more than 1% of the total revenues of
the country's annual budgets, which means that financial capitalism strong partner to capitalism
get free meals free lunch as long as the tax easy deduction at source
than four million government employees who enjoy them and their families distributive justice outside efforts
market and the accumulation of financial capital Ahli through transfer mechanism capitalism's financial state to
capital individually and continue transmission accumulation of financial state to the market outside the corridors
circle tax composed unbridled free-market ideology and Adiologitha in formation
or financial capital accumulation (negative) because of its advantages are
: exemption or tax evasion it easy and stability in warehouses money and Hawwadhanha
outside border .
That the process of least an increase the stock of capital
(energy produced) is the only one that reflects what is known to accumulate physical capital
( positive), which is the main source of economic growth different Bamadeh. Otherwise,
the leakage of financial capital in foreign savings is more like the game of the group
Zero zero - sum
game in the Iraqi economic system. Profit accumulated
outside the border, which we launched it idiomatically (accumulation negative) equivalent in principle
loss accumulation of material within the national economy (positive accumulation). So, the equation
equal to zero in the outcome of the country's economic growth in a group game
Zero .
In other words, any leak of financial capital (negative)
in savings Foreign unless offset leak inside positive of financial capital, will come deduced from the
operations of capital accumulation material (positive) generator of economic growth within
the country, which means that the added value and economic growth resulting thereof will be generated
in the external economies and resources of those warehouses financial stores accumulation of capital
Iraqi National and at the expense of the decline of internal growth. Instead of turning
financial capital to physical capital or real within the national economic activity see it turn
into savings out of the country funded physical investment in those regions active foreign
.
And irony in terms of fiscal policy, comes in a way
to move the game zero-tax group. Preassigned fiscal
levy tax default name: tax return on capital (negative) Negative capital gain tax does not mean in its content only exempt capital returns
abroad or rewarded tax exemption or even a pro forma tax or scanty as it happens in the
present time. The word (negative) here a very serious matter in essence Mknunat stresses
ideological conflict between the joints of the economic policy and contradictory axes (financial
, trade and monetary). The sense that the Iraqi public finances since 2003 granted the
privilege Iraqi capital secured a double exemption mixed freely move
and migrate to the external financial warehouses away from the development of the national investment opportunities
to end the country's state of the intersection or alienationAlienation with
real domestic investment and the labor market unemployed .
Valmkhaev is our country, that the national financial capital
and the accumulation of wealth is still looking for immigration and identity outside the home and the unemployed masses of
my people. Posing cases recalcitrance between state capitalism and capitalism
in civil family dispute has not yet reached the stage of divorce. As long as the system
lives in the blur between the central and uncontrolled free market. It is noteworthy that
the labor market and Iraqi masses Atlleha (human capital) chasing albeit slowly capital market
financial Muhajir probably vain because globalization in the current era is the globalization of transmission capital
money, including Iraqi and not globalization movement work Iraqi ease and ease itself, as
was happening in the age of globalization the first (ie globalization in the Victorian era / era Queen
Victoria), where he was working moves, for example, from the shores of the Atlantic North
and South east easily to the shores of the Atlantic North and South west with looted
wealth colonies and converted into Almitropolat or capitals central in the industrialized world
first Ktheroat represent accumulation financial and capitalist globalization differently.
Whatever the results, the true nature of the current economic system in
Iraq leads to migration of the national financial capital and surplus profit trading system
fast and powerful with a slow migration of work and occupational forces in human capital,
to both ends outside the incubator home development .
Not find Iraqi Finance director appropriate to impose
taxes on capital returns positivepositive
capital gain tax as we have to go out of its game Zero.
tax Vtadel (negative) returns with capital taxes financial capital returns(
positive) are still practiced zero group game itselfzero
sum game.
Even Iraqi Finance could not escape from the fact conflict
and contradiction between economic policy ranges and areas of conflict and the level the
Altnahari contradiction between state capitalism and financial capital financial Ahli They are
trying to stay away from controversial group Zerozero sum
debate
as we expressed earlier in the analysis of the phenomenon of tax on capital .
Votharh public finance Iraqi Multi phenomenon capital accumulation
money financial (negative) and stopovers them in a campaign debate on the auction of foreign currency
to the Central Bank of Iraq did not represent only a phenomenon of evasion in resolving failures of the economic system
of the current Iraqi and diagnosis mastery and ills core cross correlation and the contradiction between capitalism
the state and capital Ahli in the equation is solvable looking to move towards an economy
market and this amount of contradiction and conflict and the fact Alamurlabd that collide overlap
is not compatible interests and orientations contradictory and fought in wills or in the movement of content and Jdlyate within the system
of capitalism Iraq itself and both its state
and the private sector .
We have moved away Iraqi Finance in her really in finding solutions
for the game Zero could not by themselves provide harmony in the movement of capital and mechanisms
configured through activation of its tax season overlap and provide harmony within the camp
capitalist Iraqi same and it's still smart
too to get away from the failures of the game zero tax and it serious in transforming Msartha
through quest undeclared to find a partnership in the foreign currency reserves of the Bank of
Central, taking into account the contradictions ideological current in the joints of policy
Economic conduct conversions in their beliefs in the
eating phenomenon capital accumulation (negative) and reservoirs outside the country without making
problematic weak tax policy and its ability in the disengagement and contradictions within the camp
of Iraq, as long as the marriage continued
between Alrosmalitin despite of their being in the case of willful defiance !.
As the Iraqi public finances tended to monetary policy
dealt a second, which is independent today under the second preferencesecond
best is
impossible stabilization policies in the future to the third preferencethird best
when fired hints indicated where recently the possibility of post public finances using
reserves CBI and borrowing from it as long as the tax (negative) on
revenues of financial capital Ahli can not be converted to a tax (positive) (which represents a return of a free state capitalism
to recover oil revenues for road Borrowing Of cover Iraqi currency to express
fierce competition is Tnaharih between capitalism rentier state and the financial capital
Ahli who paid cash in Iraqi dinars without borrowing in the collected foreign currency from
the cover) and here lies the processes of conflict in solving the problem of the game zero fiscal
becoming a form of easy forms of taxation collection, which we launched a
metaphor (B escape forward) any collection ( inflation tax inflation tax)
collection easy deduct foreign reserves of the Central Bank at the expense of stability
and monetary policy targets and the third preference. Noting that the inflation tax will represent a
fundamental paradox in a conflict within the game joints economic policy, which will be replaced by a
tax capital returns (negative) within escape forward inflation tax. The former
should have been paid Financial capitalism , While the Inflation tax,
which constitute the basics of waste stability will be paid by the Iraqi people and fairly high Tptdo
Pfqraúh before Agneaúh a practice known to the Iraqi people during the phase of the economy
of siege !.
In other words, the accumulation of capital (negative) or taxes
( negative) on capital returns do not mean in essence only that financial capitalism
civil, being derived from state capitalism, sparing itself the surplus
is tax underlying neglected collection promise surplus latent Ends in
warehouses outside country without find her site in development activity internal
to Ibrgbtha force finance initiative where financial capitalism itself towards real activity
development and strongly financial power to benefit
them public finances in the collection of revenue taxes, which touched surpluses fleeing development homelands heading towards strongholds
savings and reservoirs outside the country!!!!
Playing field with zero group of public finances and Arhasatha
between the accumulation of financial capital Ahli (negative) and the accumulation of financial capital Ahli(
positive) or dealing tax on capital, both positive and negative, have been transformed speech
Off of conflict trends within the system of economic policy
contradictory trends and directions. This time, as we mentioned, is Replacement
capital tax leaking outside the border and exempt or slacker tax as understood by the
economic system in Iraq Tax Other dedicated division and rivalry within
an economic policy Inflation tax Through unbridled lust in the collection of
central bank reserves in foreign currency on the grounds that state capitalism is the owner
and has the right to the reserve in the collection that you see fit and post Grimha
financial capital accumulated Ahli (negative)
outside the border and that he wanted to find under the double capitalist activity and a single commercial market deals where
financial capital Ahli Passenger Complimentary free
rider
on state capitalism coexists financial Awittafl via use or traffic mechanisms
(auction of foreign currency) at a
time when the latter is exercised Targets Stability , and trying to present it
to the people as a public good stable (JD stable) enjoyed by everyone outside the contradictions of capitalism
and its conflicts raging in the present day!!! .
When growing maldistribution of income outside the general budget
and capital accumulation becomes Ahli financial burden on economic development, a flowing
into the reservoirs outside the border, What Public finances that are unable to
redistribute income from capital fairly by taxing wealth
capitalism positive (being not possess the ability to characterize the ideology of the economic system
in Iraq and moving in the orbit of current events with little or no systematic), but That are looking for alternatives to
the fastest in tax collection and maximize resources Replacing wealth tax
positive difficult fetched inflation tax That can be collected immediately and easily and Asrabr use reserve bank
CBI for the purposes of the general budget and transferred
to the center of state capitalism again without unique where financial capital Ahli through
problematic conflict in the economic system of the current Iraqi through the role of capitalism
financial civil, which are seen as a derivative of capitalism rentier state and intrusive in
various ways and means provided by the Iraqi economic system in its current form .
What will the Iraqi Central Bank independence after taking signals shift from second preferencesecond best by
virtue of dependency mechanisms to force public finance or state capitalism to become over time a
preference IIIthird best as we have said, to vanish
independence zero in a game that will turn sooner or later Tax
capital To Inflation tax And deducting the reserve through the dominance of state capitalism
within the system struggles total capital and the contrast between the joints of economic policy .
Finally .. It
ideology of our current economic system and correlative in high-intensity duplication between capitalism
based oil rentier and capitalist financial activity Ahli Almstgueth him
or spammed.
While it looks the Iraqi economic system in transition towards a market economy, but with market
towards the outside (and consuming Edjara) and balancing the general habit of consumption and carrying just
wishful thinking development, the elimination of Zero game phenomenon Which they indulged
public finance system as a victim of the conflict in Iraq capital, which in turn generated horizon
of the prospects of conflict with monetary policy is similar to the conflict between state capitalism and capital
Ahli in terms of domination and obstetrics and dependency .
On this basis, the Zero game of public finances
in the treatment of tax return on capital (negative) can not be treated only the integration of policy
operations and financial promise fringe fiscal policy in the wheel mortgagee system
rentier state capitalism. And resolve the conflict within the economic system
currently Aithml independence of the Central Bank of Iraq at all and that the reorganization
and market sharing and resolving the contradiction between capitalism the state's fiscal and financial capital
Ahli can not be avoided dismantle docking system capital and Ansiabatha and flows, but
can be avoided by imposing Inflation tax To settle the problem of the capital accumulation
continued passivity and stability in warehouses outside the border, and then enable the
distribution of the burden of the tax breaks is received or receivable fragile financial capital returns
( negative) offer of Inflation tax A tax which will bear the segments of the people, Its poor
before Agneaúh , Fairly high burden imposed on everyone??? As long as the wealth
capitalism local Athompsha tax (positive) to achieve a pattern Mieia more efficient and fairer
for the benefit of the general budget, if remained that wealth is moving smoothly in the accumulation Mrdodadtha of
tax benefit (negative) in savings Leaked outside the country, the burden will be converted into revenues
uncollectible, but through inflation tax paid by the Iraqi people for it through a partnership
of public finances in the cover of the national currency reserves .
He was the director of the game zero fiscal .. He
escape forward !!
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