The New Economy

Many economists,at various times, have talked about the new economy.Sometimes it talked about new production methods or new principles operating the firms in the economy or even new maximizing goals such as maximizing profit or maximizing revenues.Here the new economy talks about a division of the total economy into profit maximizers and a form of cooperative economy.It is uncertain at this time just how big the cooperative economy is.This economy has been started by the government giving away excess tax revenues that it has collected and not applied to the deficit or the debt.It has given away funds to

friends or people that think like them and will in a time of stress and criticism will defend them.These receivers of funds in effect cooperate with the government.It is not a relationship based on price nor on maximizing anything;it is based on enduring through thick and thin no matter what the cost to others outside the system.Workers in the system do not try to be pleasant to outsiders nor even be efficient nor polite.They just exist and be somewhat friendly to each other.It is not clear yet how moneys are handed out to the receivers of funds but it is probably based on the help they get or how strong they are."The strongest tree will withstand the strongest storm".
The source for this "new economy" is unused G.S.T tax money and I believe over time this money will be taken out of the hands of the government completely and given back to the people who earned it.Sadly this is not yet the case.