Tag Archives: labor

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:
 
Vlog:

288. Goods and Equal Money Capitalism

 

Continuing from:

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

 

Goods

“In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. It is normally used in the plural form—goods—to denote tangible commodities such as products and materials.”

– source: http://en.wikipedia.org/wiki/Good_(economics)

 

“A commodity, or a physical, tangible item that satisfies some human want or need, or something that people find useful or desirable and make an effort to acquire it. Goods that are scarce (are in limited supply in relation to demand) are called economic goods, whereas those whose supply is unlimited and that require neither payment nor effort to acquire, (such as air) are called free goods.”
Read more: http://www.businessdictionary.com/definition/goods.html#ixzz2JcHGO32h

 

 

Problem:

  • Turning life into a commodity means that we’ve placed a price tag onto everything, making of this world a ‘market place’ where all that matters is profit and not the actual meaning/value of such product a a means to support Life. This is leading ourselves to the brink of self-destruction in an Economy where all that matters is obtaining the highest GDP for nations to compete in this global competition for the winning price of being the most developed economy, but such numbers never regard the actual living condition of beings, resources, animals and the damage done to the environment in such ‘transformation process’ of our living-resources to mere assets

 

  • Wealth is the defined by the amount of goods produced and consumed without realizing that money defines who gets the opportunity to produce such goods and the availability of resources, which is what leads many countries to invade others for the sake of obtaining such fulfilling need as the necessary goods to sustain laws of supply and demand, maintaining artificial values that in no way represent a pricing system created and destined to create a profit that represents the real cost of production that all goods should present.

 

  • We have given a name to resources for the sake of fitting into a belief-system that is our current economic system, becoming goods that are then suited to fit certain necessary patterns to create enough profit within a system where not a single denomination of money has been based upon life itself. This makes of our current system a great complex system of values that have no correlation to physical reality, and this is imposed to everything that can be sellable, such a everything that we denominate goods.

 

  • A lot of stuff is being created for the sake of profit, without such products being of indispensable need for human consumption and living condition- therefore, a lot of pointless jobs, industries and marketing purposes are destined to promote ‘goods’ that are far from being supportive for human consumption.

 

  • Animals, plants, nature are being extracted from their natural habitats in order to be turned into goods that can generate more profit – think of animals in a zoo, circus, ‘exotic plants’ or entire territories that become another factory machine to extract resources that turn into goods in a market with ‘free range’ and no scrupulous to decide what type of products are in fact being created as a necessity in the populace’s conception of what a ‘good’ means.

 

  • Clandestine goods are beyond the legal framework of regulations that can ensure the quality and nature of such goods are in fact beneficial for human use and consumption – this is a grave and ever escalating problem that only exits as such to illegally evade taxation and other permits that often violate human rights, societal codes of dignity and honor of living beings.

 

Solution:

  • Goods will no longer follow laws of inflation and depreciation according to market forces – or a few being’s decisions upon pricing – but will sustain a fair constant pricing that represents the recognition of the work/time invested upon the extraction, manufacture, transportation of such product.

 

  • Most of the production will be based upon covering necessary means to live life and satisfy/ better our living conditions, which means that anything that is less than supportive for human life will simply not have the workforce, resources and money destined for its production –this is how we’ll clear the space from useless products that do not benefit our living interaction and condition.

 

  • The good stuff as all the products that are meant to better our living condition  is what we will keep, sustain and procure in our new way of handling money as a means to buy what physically fulfills our living condition – this means that the definition of goods changes to being that which truly enriches life as a whole, as a community.

 

  • Free Stuff only makes our eyes go wide in excitement because of how we have – in the first place – restricted ourselves from our ability to have equal access to the Earth’s resources and all the tools and equipment that we have discussed within the previous blog 284. Capital Goods and Equal Money Capitalism –thus, recognition of there not being Free stuff implies that we then learn how to value life and work for it accordingly within the understanding of sustainability of as system where life is managed and maintained through an equal agreement of responsibilities and rights to profit in an equal manner.

 

  • Money won’t serve as a dominant factor within our transactions for the sake of profit making – the quality and nature of the good is what is of utmost importance, respecting all sentient beings from becoming profitable products in an abusive manner.  This means that everyone’s freedom to purchase and consume will be regulated by the sheer availability of that which will be made available to consume before it hits the market

 

  • Clandestine production will cease to exist once that there is no need to create piracy in the name of unregulated profit/to evade certain copyright and patent licenses – this will in turn also reduce criminal activities also linked with the type of black market productions that are mostly also a market that is Not beneficial for beings’ lives.

 

    Basic Solutions:
    Capital as Life
    At the moment – capital is referred to as intermediary goods – such as machinery and warehouses. Within Equal Money Capitalism – capital will refer to Life and include resources and people. Therefore – to value capital, means to value Life – and thus, all capital and all Life should be valued equally. For this – full employment is again a necessity.

     

    Free Stuff
    Within Equal Money Capitalism no free stuff will exist. This is one of the basic principles within economics (and physics) – There Ain’t No Such Thing As A Free Lunch (TANSTAAFL). With anything that is produced or consumed – there is always a cost. If this cost is not represented and considered within the pricing of the particular good or product, one is in fact stealing. Currently, free stuff is used to compete for consumers at the cost of the labour force creating the goods – because they will be paying the difference.

    source: Day 162: EQUAL MONEY CAPITALISM – The Way Forward

 

 

PRICING
Pricing on products will no longer be based on expensive or cheap– or making profit –but rather sustainable pricing that ensures enough money in circulation to make the system function effectively.
 
Profit
Profit is not to be understood in the same way as it is now. At the moment – profit is what is left after wages have been paid and production costs are covered. Within EMC – there will be no wages – your profit will be your wage. So – every time a product is scanned when it is bought – the computer sees what percentage of the price is allocated to whom – and immediately the money-allocation happens accordingly. So – there’s no need to wait a year to calculate profits – it will be immediate.

source: Day 164: Equal Money Capitalism – Preparing the Road for Change

 

    • Equal Money Capitalism: We shift our focus from producing goods in the name of profit to placing our attention to what is here as Life and requires Life support – and accordingly resources are distributed. We’ve objectified our economic system, caring only about things such as goods and money – while losing all touch with what really matters, as being Here, being Alive and Living on this Earth in a way that is enjoyable for all Now and in the Future. – Day 183: The Myth of No Alternative and Equal Money Capitalism

 

 

Rewards and Communal Benefits:

 

  • We will stop feeling like we’re losing/abusing/ desiring to own more, because the understanding of how private property is redefined to use what is here to produce what benefits the community/ society, since money won’t be the driving factor to buy or sell, but a real enjoyment and actual necessity of the good that is bought/consumed

 

  • A new way of interacting with our environment and all natural resources will emerge, since there will be no need to be converting everything into a sellable item, this will give us the gift of realizing we are no longer abusing life in means of profit – clear conscience is what real peace of mind implies.

 

  • Life is Equal  – therefore giving and receiving in Equality as in having equal access to what we require to Live  is the main Principle of Equal Money = redefining money into a means that values life as a physical aspect that we give and receive, a ‘token’ for our agreement to ensure that any form of profit generated from the wholesale of goods is given and received equally as a recognition of the support and work done to benefit the whole – there will then be no desire to accumulate, but an understanding of sustainability and ecological considerations of preservation

 

  • No more animal abuse for the sake of turning them into goods that are sold as sybarite means to satisfy people’s ‘tastes’ that only exist because of the current power money has and the ability to buy the abuse of life.

 

  • Stepping out of our current self-induced state of hypnosis wherein we’ve made of money our god, instead of regarding life as a whole that must be regarded as the one and only real value in this world, and that includes All = Equal Value = Equal Money = Life for all as all in an interdependent arrangement of work force to produce that which contributes to create a real meaning of the word Good in our every transaction with money,

 

 

Further Support:

 

 

Blogs:

 

 

Interviews:


286. The More Goods we Own, the More Good we Are?

Have we ever pondered why we call our physical requirements to live ‘Goods’ that we have Monetized and within that separated ourselves from our inherent right to benefit from that which is from the Earth? Because they create a point of satisfaction and fulfillment for our well being – yes, that is certain, however if we understand that these goods are an indispensable aspect of our well-being, then why haven’t we set up a system that ensures that All being are Equally supported with money to buy such goods? Here comes the ‘biggy’ point, a nominal aspect that we simply learned and integrated as part of our vocabulary in order to adopt a general way to name everything that we want/need and desire as an indispensable tangible or intangible product for our consumption or ownership.

 

Isn’t restraining people from buying such goods an actual collective evil that we have brushed aside and veiled from our common sensical understanding of how things work in this world, who gets what and under which premises do we allow ourselves to deny these goods to a vast majority on the planet. Look at it that way: you are a vagrant sifting through the dumpster at the back of a restaurant, and you see a family of 5 hopping out of the car, ready to order the most delicious food that you haven’t ever had money to buy in your entire life – you’ll know that in a few more hours, the left overs from their succulent food will be at your disposition, as waste/garbage at the back of the restaurant’s dumpster, the closest you’ve ever been to such a pleasure in life. You were born this way: no money, no education, no parents to take care of you, left out on your own, and no one wants to give a vagrant a job, ‘there’s no education!’How would you feel about the people that have it all ‘What do They have that I don’t? Why was I born without any money/ support?’

 

The fact is that the person with such money is able to ensure the family’s well being, because their ownerships are capitalized and as such, they will receive money for a lifetime without ever having to worry about ending up like such vagrant on the street, and the fine line that divides such family to the vagrant is drawn by money.

 

We are all equals as as living beings that require the same to eat, the same ‘goods’ to exist- so why have we turned our economic system into the most vilest form of constant self-abuse that is shaped in the form of shiny gold and silver coins and ever inflated shares and bonds and I.O.U’s that are never meant to be easy to pay back. Isn’t denying the right for all to have a dignified living that the worst form of evil that can exist?

 

In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus has economic utility. It is normally used in the plural form—goods—to denote tangible commodities such as products and materials.

– source: http://en.wikipedia.org/wiki/Good_(economics)

 

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

Continuing from:

 

Let’s look at ‘goods’ here again. A good person, a benevolent person is associated with having lots of goods. Believe it or not, this is an almost automatic thing wherein we associate poverty with all the ‘bad’ and ‘negative’ and all the good with the positive/well being. Now, I got this great perspective by reading: LIFE Regulation: Day 283 on Heaven’s Journey to Life wherein we get de-brainwashed in order to see how we have accepted and allowed to call ourselves ‘good people’ when we believe we’re not participating in anything ‘bad/ negative/ negligible/ detrimental’ to ourselves and others, but really, it is quite a narrow perspective to claim any benevolence when the sheer fact of having money in our pockets already places us in a superior position with regards to others that clearly have less or nothing than us – therefore, Who decided who gets what type of value/worth to be either in a fortunate/good position or in a poverty-line/bad position? Luck? God? Or was it ourselves and our own greed that lead us to pursue happiness at the expense of others?

 

This same schizophrenic acceptance of ‘the good/rich’ and ‘the bad/poor’ is the polarization of our own minds that has externalized such value-scheme upon everything in our reality, this means: we became our own worst nightmare, we set our own trap, we built the jail and now we’re locked in it, and the worst thing is that we could write/right our way out, but we somehow believe that we cannot change what we’ve become, we cannot unlock the lock that we coded ourselves, and that is our entire configuration as this world-system with money, governments, social institutions, family, entertainment, media and everything that we have shaped as our image and likeness of fulfilling our desires with all the goods and neglecting all about those who doesn’t have any access to such goods – human evolution anyone?

 

It is quite absurd to see it from this perspective, to realize how it is a matter of words that we imposed onto reality as good/bad, rich and poor that we currently have now real suffering, real people dying from starvation, murder, preventable diseases, real people being living the consequential outflow of someone’s decision that cut off their job, their regular ‘aid’ or simply decided to invest on some infrastructure for the elite instead of supporting the construction of basic services like water tubes and electricity lines, sewage for god’s sake…  yet when someone from the rich/ elite does something perceived as ‘good’ such as giving charity, we applaud them – why? Because of having the wondrous idea to direct some of the resources that were deliberately denied by default to those that have non and make them feel like suddenly we care for them for the first time, for a while? To make them ‘happy’ for a while and then forget about it all the next day?

This is no different to our minds: As long as we write or say that we will do something but we don’t, we are not living our words but still giving into this same ‘value’ system of the mind wherein seeking for that which we learned is ‘good for us,’ that which lead us to ‘happiness’ which is linked again to seeking for a point of comfort and acceptance of our ‘good life’ that is sustained by all those that have to work in slave labor positions for us to have the ‘power’  to give our numbers on paper money and buy it, and call that ‘buying goods’ – catch the drift? The same happens in our minds using the very physical body to power our mind experience.

 

By calling our products goods and all of their process entailing abuse, torture, exploitation, disregard for the natural sources as an equal and one part of ourselves, we are creating the greatest fallacy that is so ingrained at a mind level that the word ‘good’ becomes a synonym of the positive, no matter how much suffering and abuse the creation of such good entailed. We must be well into our minds to not see this at first sight. 

 

So, within this, it is to see and realize how we have become the greatest authors of our own encrypted cell wherein we’re selling life forgetting how  the air we breathe, the food we eat, the body we exist as wasn’t sold by the Earth and charging us interest for it, we simply accepted the money-system as is and feel happy and ‘rewarded’ when getting money, without ever  daring to look ‘behind’ it to see where such ‘power’ that money has comes from and how such power gives us a right to use what’s of this Earth and use it for our own benefit. What’s even worse is how we deny the access to such such paper-money-numbers-on-a-screen to some, so that they see themselves in the worrisome  and desperate position of having to do ‘anything they can’ to get money, to ‘buy the goods’ necessary to live, even if that means selling their body to get the ‘good money.’

 

It is disturbing and astounding that we hadn’t dared to look at how we buy and sell with blood, because every time that we sell life and acquire life, and there is one single being left out of this agreement to support each other as equals – which means that,  to be an equal giving and receiving participant of society/community, we’re playing with fire and we’re already getting quite burnt to the point of no return.

 

If I was the Earth in itself – which I am a part of of course –   I would do everything that I can to shake everyone’s assess to set some points straight to all human beings:  stop selling the real god that is this physical existence and start living according to the Law of My Being: giving and receiving Life in Equality.

 

This is the last call we get to understand that the Earth’s ‘goods’ are single parts of the whole that are not here to be part of our mind schemes of great profit and life sales, but to be granted within the understanding of how real benevolence in man can only exit once we set up an economic system that ensures life is distributed to all as a given access to make ourselves dignified living participants of the ecosystem we’ll all be able to finally call a dignified home for all.

 

 

Further Support:

DSC00363

Mother Nature is Pissed Off – 200

 

Watch the movie: There Will Be Blood , which is a great explanation of how one of the most important ‘goods’ such as oil can take over a human’s mind as a form of power possession, which is nothing else but an accurate depiction of what we are doing to ourselves on a daily basis, slowly but surely.

 

Blogs:

Interviews:


284. Capital Goods and Equal Money Capitalism

 

Continuing from:

283. Private Property and Equal Money Capitalism

 

Capitalism is an economic system that is based on private ownership of capital goods and the means of production, and the creation of goods and services for profit.Elements central to capitalism include capital accumulation, competitive markets, and a price system.

source: http://en.wikipedia.org/wiki/Capitalism

 

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

 

Capital Goods and Means of Production

A capital good, or simply capital in economics, is a manufactured means of production.Capital goods are acquired by a society by saving wealth which can be invested in the means of production.

Capital goods include factories, machinery, tools, equipment, and various buildings which are used to produce other products for consumption. Capital goods, then, are products which are not produced for immediate consumption; rather, they are objects that are used to produce other goods and services. These types of goods are important economic factors because they are the key to developing a positive return from manufacturing other products and commodities.

– Wikipedia http://en.wikipedia.org/wiki/Capital_good

 

 

Problem:

  •  Those who own the means of production/ capital goods,  own the entire production and as such, own the right to get the profit from the wholesale of it. This leads to:
    • Monopolization of wealth: the already wealthy get wealthier without distributing such growth/wealth equally to all people involved in the process of producing the final goods/ service
    • Hierarchy/ Inequality : those that own the means of production, own the rights to manage profit – this leaves people involved as human capital/labor force out of the picture of obtaining equal distribution.

 

  • Loans and Debt: machinery/ tools and means of production are only available to those that have enough money to pay for them – either through pre-existent wealth/capital or loans. This is though not accessible for everyone since any form of credit requires a backup that banks assess if one is eligible for such loan. Let’s say you are a farmer that requires a tractor and irrigation systems. If the farmer has no money to pay for such machinery, he will require a loan from the bank which means already he will have to pay the necessary interest that this process involves. The problem is that when such debt is insoluble, not only does he get all his machinery held by the bank, but he also now owes the interest for it, which leads to further debt. Some others might not get the credit at all and as such, no consideration to Life exists, because all that is being taken care of is Money in itself, not the necessity of the production of such crops that this farmer was regularly producing, which leads to a lack of production due to this ‘deficit’ that is not able to be covered by those that have the knowledge/time/space to produce, like farmers in this case.

 

  • Opportunistic Rubbish Production: machinery that is created to generate products that are certainly Not Indispensable  for human life and consumption is sold as opportunistic ways to capitalize wealth = buying such machinery to generate profit from selling cheap goods that come out of such production. An example of this can be all the plastic stuff like ornaments, a wide variety of plastic toys and personal care stuff that may work for a while, but eventually break, because the entire design and production is meant to sell cheap, generating a quick buck for those that own the factory/machines and all other means of production, but have no relevance nor real contribution to bettering life on Earth.

 

  • The rich get richer, the poor get poorer. People begin with small business that leads them to generate enough profit to buy machinery to start producing their own goods to sell. The profit generated from such production lead them to buy more equipment/ machinery to expand to other areas of production and as such, companies that produce a wide range of products have the same owners which implies a monopolization of wealth. In México this is ubiquitous when considering that most of the infrastructure for telecommunication is owned by one man that is currently among the richest man on the world. This leads to obvious monopolization of wealth wherein one man generates profit every time any single antenna or satellite is being used for communication purposes – of course, this leads to further expansion of this same man in other sectors like banking, infrastructure and construction, industry and commerce which includes restaurants, clothing stores, music shops and supermarkets which means, such investment is multiplied with no restriction. This is again what leads to monopolies and the few corporations that expand beyond their area of influence- which should be at a community level- and expands throughout the world with and by the use of the same process of capitalizing goods. Every person working for this corporation is Not benefitted from such expansion.

 

  • Pondering means of production over Human Capital and Resources: there is no consideration toward the living-factors that make such machinery be profitable. This means that what matters in the acquisition of the means of production is ‘how fast will I recover my investment and how fast will I be multiplying profit’? In many occasions, the production I thus ruled by the machinery without any regard toward the person that will be operating such machines which in conjunction to the desperate need to make the most profit in the least time, leads to slave labor and absolute abuse of natural resources to produce the most good in the shortest amount of time. This means that the right of ownership to the means of production is not in function to a considerate consumption and labor that is sustainable and safe to work with, which is another example of how it is currently another money over life inequality.

 

 

Solution:

  • Capital as Life
    At the moment – capital is referred to as intermediary goods – such as machinery and warehouses. Within Equal Money Capitalism – capital will refer to Life and include resources and people. Therefore – to value capital, means to value Life – and thus, all capital and all Life should be valued equally. For this – full employment is again a necessity. 

 

  • Equal Profit Share
    Each contributor to a product will receive an Equal Share of the Profits. Herein, it is irrelevant how much time someone spent in contributing to the production of the good – what is relevant is the end product and whether the product would exist without the various contributors.

Economist’s Journey to Life Day 162: EQUAL MONEY CAPITALISM – The Way Forward

 

  • No differentiation between capital goods and workforce and resources since All parts and means of production are equally important within the production and generation of that which is necessary to live.

 

  • Machinery/tools/equipment can be provided by the government upon analyzing the intended production and approving it as necessary/convenient and of benefit to the community. 

 

  • Well-being based production: once that profit is no longer a means to expand a corporate-empire but benefit people, the ever-expansive abilities of only a few will be halted and production will cease to exist as a means for profit only and instead, be redefined as a means to generate well being.

 

  • Ending Monopolies means creating Real Equal Opportunities for all
    • 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

 

Rewards and Benefits:

    • “We’ve come to believe that our value is dependent on how much we have – because that is how ‘the world’, or rather, the economic system, has treated us: if you don’t have anything, then you’re not considered, you’re not a part of the economy, you’re not supported. And, obviously, if you’re not considered, included or supported, it means you’re not valued. If everyone were valued by the current economic system, then the system would consider, support and include everyone – but this is not the case.” Day 180: The Word ‘Capitalism’ in ‘Equal Money Capitalism’

 

  • People that could not afford newer and better means of production to sustain their economic activity – such as the farmer in the problem section – will have the ability to now be supported to acquire them if their intent is to produce goods that are necessary and/or of benefit/convenience for human consumption and bettering the living conditions.

 

  • Everyone will win: won’t matter if you are the one that directs the industry in finance, administration, working directly with the machinery to produce goods, drive the truck that distributes such goods or the retailer agent, you get equal-profit share.

 

  • Your work has Equal Meaning and Value: Equal distribution of profit generates a sense of well being within every single being involved in a certain production/ manufacturing activity, because there will be no imposition of the machines being owned by some and reducing human labor to a mere workforce to make profit, but instead, human labor will be considered as important as the final product which will be meant to produce well being and bettering of living conditions.
  • No more futile investments: risking investments on means of production that have no assured profit, since all production will be intended to generate a necessary good or provide certain service for the community, this means assured market and no energy/money waste.
  • The real value of your life is measured by the life you are able to benefit by your action, words and deed, your real means of production.

  • Visit the Group Capitalism vs. Equal Money group on Facebook. 
  • Read the Equal Money Wiki 
  • Read Economist’s Journey to Life

 

 

Further Support:

 

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