He who places his hope on thee, O Virgin all-glorious, will prosper in all he does.

Inscription on Byzantine coin during reign of Romanus III

Friday, January 18, 2013

It's Called The Market, Father

Moscow, January 9, Interfax - Officials and businessmen need to win people's confidence back, Archpriest Vsevolod Chaplin, the head of the Synodal Department for Church and Society Relations, said.

'Many people now feel alienation from decisions made in the economic sphere. Decisions are made by a limited circle of people. Our president has called the privatization unfair. This doesn't mean that everything should be taken away and divided. We don't need new year 1917 in the form in which it happened almost 100 years ago,' Father Vsevolod told a press conference at the
Interfax central office on Wednesday.

However, he said it is important that people who make economic decisions should feel the feedback from the people.

The priest said it is important to win back officials' and the business community's trust, and in order for that to happen people should be involved 'in the decision-making process in the economic sphere and national economic processes.'

Fr. Vsevolod said the World Russian People's Council, of which he is deputy chairman, has voiced the idea of increasing people's involvement in the resource economy management and the idea of giving people specific guarantees that they will get their portion of revenues from the resource production and processing.

'These ideas need to be seriously discussed because there is a problem: the divide between the elite and the people,' he said.

This particular priest never connects the dots between his praise of the State's control of the economy and the ordinary folks' "alienation from decisions made in the economic sphere". Rather, he's proposing an increase in State management. 

In the economic sphere, in the absence of State corporativist crony capitalism, producers face demand curves that reflect the choices of ordinary consumers. Let's let consumers decide how resources are allocated.

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