296. Profit in Equal Money Capitalism

Ending the way profit currently works is giving an End to the basis of poverty and injustice in this world system, in essence eradicating Inequality.

 

Continuing from:

Redefining Capitalism:

We’re going word by word in a very basic definition of Capitalism to redefine it, explore it and see what each word means and how we are able to re-direct every aspect of this collective agreement into a Best for All system.

For context on redefining capitalism, read: Day 180: The Word ‘Capitalism’ in ‘Equal Money Capitalism Redefined

 

The Ingrained Desire for Profit in the human mind is recognized as one of the most frequently identified obstacles to implement the Equality System. However, as we have outlined in the previous post, we only created a figure such as profit and made it a verb as a way to legalize the act of making money out of producing something, selling it, paying the cost of production and earning the surplus at whichever rate you want. The problem is when the cost of production is paid at a minimum wage – slow-wage level, which leaves the most of the money earned through sales to the company that hires the people, that sets the price and continues to capitalize their wealth by merely owning it. Same goes when people invade other countries to extract their natural resources and sell them as if it was their own – this ‘ownership’ in itself is the core point that has enabled profit to be a self-righteous disposition that presumes the following standards that we’re living in:

 

 

Problems:

  • The right to profit from mere ownership of money and private property that we have outlined before 283. Private Property and Equal Money Capitalism – this means the appropriation of the surplus profit that should be distributed equally to every single participant in the production/manufacture/distribution and retail sale of such good or service.

 

  • Stealing/High-jacking profit for a few and distant investors: within the commercialization of life, the life of community that may hold the most gold, the most oil ever gets to see any benefit from foreign companies that take the right to benefit from such resources, which means that stealing and its monetary value gets to be part of a place like wall street instead of being directly reattributed to the local community and the people that work within such businesses that are also locals earning the minimum wage in most cases.

 

  • Advertisement and Media being ubiquitous in our day to day living wherein we learn how to use the triumphs of our work – money – and spend them right in all types of products/activities that will make us feel ‘great’ and ‘happy,’ which is currently the main problem we’re living out when identifying life and success with buying and consuming. Big Problem that we’ll continue to discuss later on.

 

  • This also presumes that the person that has the most money and owns the most, is superior and more than everyone else, since money has this ‘power’ in itself to buy virtually Anything we want. We can see there is no consideration to life at all, nor is there any specific principle upon which products and advertisements are created accordingly – since product market regulation only focuses on prices, not the starting point of such product/service – which makes our product market an omnipresent temptation to buy/consume and as such to get the most money by any possible means.

 

  • Money is in the hands of those who will only make more money out of it. This is what banks do and that’s how the money-interest mechanism is what enables clean profits from the mere faculty of creating money, which means that it is a self-sustainable hegemonic system that we have All collectively agreed that ‘that’s how it is/ that’s how it works.’ Hence everyone wants money yet we don’t consider WHO benefits from creating money, as all money is debt and as such there will always be debt unless we change the way money functions.

 

  • Profiting from extracting natural resources – as we know oil, water, natural gas, minerals, etc. are great sources of income by people that were clever enough to invest money in these industries due to our energetic dependency, this is leading to the belief of ‘unlimited growth’ wherein this growth is leading to depletion without any one taking responsibility for the problems caused because in the end: we all consume them equally. However at the moment, we’re all breaking any sustainable cycle in the ecosystem.

 

  • Selling Out for Profit – this includes even that which should have been a mere point of freedom of expression like art, music, letters and how they have been also forced to comply to the market forces that ensure that such arts that have become industries can also get a ‘life of their own’ through profit, this has lead us to a severe crisis at a human level that we’ll explore later on- you can read more about it in Day 187: Why is Art so Expensive?

 

  • Artificial scarcity makes products more profitable upon the law of supply and demand – this is one of the arbitrary conditions we’ve accepted and allowed, this will also make of inflation a mere corruptible scheme from the past.

 

  • Planned obsolescence is a direct result of seeking to maximize profit at the expense of the resources that are used/abused, the cheap labor that is not only ‘labor’ but people’s lives that depend on low-end jobs such as people in the Maquiladoras that are paid only cents of a dollar an hour while all the industries have ‘free trade zone’ for it such as no taxes and no limit to the expatriation of profit. 

 

 

Solutions:

  • If everyone participates Equally to create a certain product/ service = then everyone must get an equal-share of it, that’s common sense, no matter if you’re the janitor of the company or the CEO or the factory worker or the guy that drives around the products for distribution or the one that makes the informational advertising of the product – which I’ll explain later – everyone should be equally rewarded for it. This is within the principle of understanding our economy as an organic function where all parts are vital for its proper functioning.

 

WHAT IS PROFIT-SHARE?
Currently profit is the money a company makes after they have covered their costs, including paying out wages. In an EMC – profit comprises of all the added value that is placed on resources – which is your labour. Therefore – within the price, the percentage share must be included of each one that was part of the creation of the product in such a way that each one ends up with an equal share of the company’s profits, so – there will be no need for wages – as the profit becomes your wage.
- Day 175: The Economic Problem and Equal Money Capitalism
  • Maximizing profit redefined as generating the most common-benefit to all which means: each one’s work will determine everyone’s wage/profit share which is enough incentive to work together for a common goal, which is also a common aspect that we have realized works when it comes to generating team work and dissolve any possible vantage points, which equal-profit does quite easily.

 

  • No more public relations in means of Selling stuff to people for the profit sake, but rather relating the products to the public ensuring everyone is safe in using/consuming what’s in stores.  This is what’s called consumer’s attorney, and that would certainly ensure that no cheap products with planned obsolescence, poor manufacture and low quality materials are generated, because low production costs won’t be a limiting factor to develop the best product possible.

 

  • Giving and receiving: we must not forget that whichever we use for profit, is coming from the Earth and as such, the benefit we get from it must go back to the common weal equally, this is also the best cure to any idea of hoarding or capitalizing money. We all know that accumulation is greed and as such an organic process of in and out is what will maintain everyone within a level of health within and without as the entire system.

 

  • Equal ownership/ use – a great disparity that is created from some owning and being able to make money from their capital goods/ capital in general can be solved if everyone uses, everyone earns equally from the work done and everyone has equal right to the use of the land they work on/ live in. This is also explained in 284. Capital Goods and Equal Money Capitalism

 

  • No more private ownership over the land,  the extraction and means to obtain  natural resources – all resources will be part of the common weal and this implies that any form of privatization will cease to exist. Depletion of resources will have to seek for answers in alternative energy sources, which will also be relieved by focusing on Local economies as can be read here: 

 

With EMC, we are moving away from monopolies, where a select amount of big corporations has control over particular products. Companies will be far more regional and community based as companies will exist from a point of responsibility towards their particular community. Within EMC, providing goods and services is not an opportunity to ‘hit it big’ in the world – it is how one contributes to society to make Life on Earth a worthwhile experience for everyone. When companies are locally based and operational, transport costs will of course also be cut down, which will reduce pressure on the environment.
Day 170: Companies and Industries in EMC

 

 

  • Sustainability will no longer be warped by profit. This will be a strict measure to ensure that no further pollution, extinction, depletion and ecological foot print are continued for the sake of profit.

 

  • No more Bank Profit: Banking in itself won’t be a source of profit, but a managing service as it always should have been. This is explained in the following quote:

Banks in an EMC will exist as financial intermediaries, gathering surpluses to cover deficits in other places. So – the banks will be in charge of providing extra funds to companies who are running a deficit. This point will always be temporary and the required funding will lessen as there is an intervention that takes place and action is taken to make the company more effective and able to compete.

Day 167: Harmony and Equilibrium within Equal Money Capitalism

 

  • Using property to generate a common well is what will enable profit to be generated and distributed according to equal share – this implies that no more profit will exit by merely owning property to generate profit. This also includes the inability to profit from owning current scare resources in your property.

 

  • Many  jobs that are currently only existent as a way to promote or make the most money-such as marketing careers for example, will have to be transformed into information agencies wherein people instead focus on ensuring that the product is in fact beneficial for human use and consumption and that all quality standards are in place as well as all tags with relevant information in place –

 

  • Quality products will be the result of not having to minimize the cost of production but instead maximize the equality so that every person’s work is remunerated in an equal manner, which is what will re-establish justice in our relationships.

 

Rewards:

  • Your Happiness is My Happiness – if it is shared equally there will be no more hate-thy-neighbor because he stole your job/position, but rather realizing that there is no pressure to ‘get on top’ any longer since there will be no top but only people that recognize that group/team work is what matters to make everyone have a dignified living condition.

 

  • Aligning Profit with the Common Weal: A peace of mind will ensue from the moment that we are able to buy products that are no longer manufactured by people that are being treated and paid as slaves, this will be an actual gift of having a clear conscience since we will all be participating to generate the goods and services, so that we all understand what it is to be life/ to live life in Equality.

 

  • No more criminal activity, No more lies, no more corruption and deception to buy and sell for the sake of money, or abusing someone’s gullibility to be a compulsive buyer of a product that is not beneficial for them. This makes us all finally suitable to be trustworthy between each other again.

 

  • Equal Opportunity really means: everyone is able to have a job, everyone gets equal profit on that job, everyone is pushed to do their work the best way possible and as such realize that their labor is no less or more important than any other – the consequences of this at mind level should be quite beneficial to actually develop symbiotic relationships wherein competition won’t be to make the most sales but to realize that we distribute a product/ service that is of actual need and benefit for people that use it/consume it and as such, it’s meant to be made with the best quality measures and materials possible.

 

  • Instead of using psychological techniques to make people irrationally buy, people can work to become their ally to inform what type of product is best and which ones are not and as such, become a relevant and important key-person as a mediator between that which is consumed and the final consumer. Everyone wins

 

For further support read the Education and Labor pages in the Equal Money Wiki

 

 

Further Support and General Information:

 
To Understand Money-Consciousness, hear the following awesome series:
 
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About Marlen

I'm a human being that has decided to live by the principle of Life in Equality and place myself as a point of support for everyone that's willing to birth themselves as Life in this world. View all posts by Marlen

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