Prices will be a numeric value of the perfect equation that embodies the equal-remuneration to all involved in the creation of a means to make life possible in our social organism.
Continuing from :
- 281.The Benefits of Redefining Rewards in Equality
- 283. Private Property and Equal Money Capitalism
- 284. Capital Goods and Equal Money Capitalism
- 288. Goods and Equal Money Capitalism
- 293. Services in Equal Money Capitalism
- 296. Profit in Equal Money Capitalism
- 300. Redefining Accumulation of Capital in Equal
- 302. Competition in Equal Money Capitalism
For context on redefining capitalism, read: Day 180: The Word ‘Capitalism’ in ‘Equal Money Capitalism Redefined
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.
You can buy anything with a price, the big mistake was putting a price upon life – now we’re all paying the consequences. (pain-in we all are.)
Pricing is the mechanism that sustains the fallacy of a system that revolves around makeshift values that generate and equally speculative concept such as ‘debt’ that everyone uses in order to buy or sell means and products, which is our living resources and work force turned into merchandise. This implies that the price we pay for things doesn’t go in an integral way toward the suppliers, but they pay their own debts as well, this means that the money always goes back to the place where it came from: the banking system/ owners of money, it is thus a usurious system and price the quantity representing a relationship of separation in itself.
Elitist Tool: Not every single person has access to buy that which they require to live. By fixing prices an entire being’s life is defined according to what he/she can afford, and by setting a price system, the distribution of goods and services are settled, aiming at certain markets that also determine everyone’s lifestyle: you buy cheap products because your income is low, and you buy luxury items/expensive products because you’ve got more than enough money. We have accepted this as ‘how things are,’ accepting such limitation in a normal manner equal to realizing ‘the sky is blue’ and never questioning about it.
Prices determine the quality of products: if you buy cheap products, the chances are that you will be using/consuming a product that is the spawn of planned obsolescence and built/ elaborated/manufactured using slave labor, which means that t might seem like you got a ‘great deal,’ but never really trace back the process to realize how such product came to be so cheap when compared to others, and bargains always contain a higher level of exploitation, not that t is not existent in ‘expensive items,’ but mass production means mass-workers to be able to handle the demand.
On the other hand, people believe that paying more for something means paying for quality, while this has been mostly also abused in order to generate the most profit, since there is no real consideration left when it comes to making the most money.
Scarcity: this is a great tool used to elevate prices and justify it with the belief that there is not enough to cover the demand. However there have been many examples of how this so-called scarcity is deliberately created to earn the most profit. Sometimes people buy an entire production of let’s say cacao to produce chocolate, they stack it/ hold t/keep it out of the market and create the belief that there is not enough, and as such, the chocolate industry suddenly has no more cacao for its production. Cacao becomes a scarce resource, this then forces the production costs to be elevated and then reflect such speculation on the pricing of chocolate. Now, chocolate is a fancy example, however when this happens with prime-products of first necessity, such as wheat or corn, you get hunger, and that is really a big problem since such scarcity is another ‘rule of the game,’ to speculate even further. There are various other ways or environmental conditions that may cause this problem, however this is just an example.
Abundance is for those that can afford it, obviously. Prices don’t matter if you’ve got a lot of money, prices become a bitter number to look at when one can barely make it through the day and each cent counts. This disparity implies that our minimum wages are not in correspondence to cover the basic needs on a daily basis everywhere in the world, on the contrary, we all know that it is impossible to live with 2 dollars a day, yet we’ve kept billions of human beings living with that amount of money, not being able to afford anything to live properly, many opting to then do slave labor, sex services, selling organs, buying drugs to mitigate hunger and the list goes on, Poverty is thus a direct result of this Pricing system that decides who can Afford life and who Can’t
Price convenience comes at the expense of diminishing fair pay for others, this is as the name says convenient for the buyer but a crime against fair pay for the laborer that sees no diminishment in their working hours.
Price is set up by ‘market forces’ in global financial systems that fluctuate and vary according to an unsettled behavior that maintains everyone within a constant level of uncertainty about the cost of things based on these speculative forces that obviously, only benefit a few that make the rules in the first place.
Inflation is the general increase in prices on a nationwide scale — and can only be caused by an agency that has the power to act on a national scale.
That agency is the government. Inflation is the increase in prices caused by the government ‘inflating’ the money supply with fiat dollars.
Doesn’t capitalism cause the inflation of prices?
No. Under Capitalism, the prices of particular goods can “fluctuate” over time, but the general price level of most goods decrease over time due to capitalism’s limitless progress.
Price inflation without Wage inflation as the source of polarization. Prices then become the most basic way to restrict/ limit the ability to buy what is required by the majority to live.
The prices we will pay will actually embody a sound distribution of money for people’s work and taxes in order to maintain the system with political intervention as the necessary regulation to monitor proper functionality and stop any form of speculation or fluctuation without cause. This means that the final price will be the amount that will be equally remunerated to people as their wage, which is what Equal Profit Share implies.
Since there is no actual ownership of the resources, the pricing system will not imply ‘paying for the resources,’ but simply for the work that will imply paying for the people that will take care of maintaining or restoring the balance and sustainability necessary within a certain environmental location from where the raw materials are taken. This implies that the price will not reflect paying for any point of assumed ownership upon the Earth’s resources, but instead t will go directly to support people doing the actual work.
Pricing system will hold the mathematical equations of equal support to all bodies participating in a certain organism. This means that a number won’t subsume the Value of Life, but instead it means the Value of the work that enables a fair use, transformation and consumption of the necessary resources to live. Markets will reflect then the stability of such equal distribution of profit/support/gain to all bodies equally.
Prices entail Equal-Share which means that we can all have the certainty that the amount that we are paying for our goods and services is the necessary to equally support everyone involved in the extraction/ production/ manufacturing/ engineering/ distribution processes, along with any other administrative and corporate activity that will be implied as part of the social responsibility endowed to everyone involved in production and industry sectors.
Supply and Demand
Pricing will not resemble a free market paradigm, so the interaction between supply and demand as it exists now will not determine anything.
Supply will be according to your demand, that means your demand will not be based on price, your demand will be based on supplying yourself with a lifestyle that is worth living – so the demand will change.
Because the demand will no longer be controlled by price, it will now more be controlled by the fact that you want to live an excellent lifestyle, that you want to change products – it is going to change what goods and services will be available.
You’re not going to buy ‘inferior products’ that you buy because it’s cheap and made in China – but it’s not what you would have bought if you had more money.
Day 173: Supply, Demand, Business and Scarcity in Equal Money Capitalism
Scarcity and Pricing
There’s not going to be pricing control in terms of scarce resources, things are going to be available or they are not. It is controlled by its availability. If certain resources become unavailable, which is going to affect the products that are going to be available – then we will just have to take that into consideration. So for instance, if there is not enough fish in the sea, we will simply have to withhold from catching fish — the supply / option of fish disappears off the menu until the fish supply is re-established.
A Price will no longer be a number to be feared, but a compensation number that will signify the value in return for one’s work or contribution/ creation. Price will contain enough to pay everyone an equal fair share which will create a sustainable satisfied and prosperous living condition, since people will be doing what they want to contribute with, while being equally supported as an equal participant.
Equal support leads to understanding how we can only thrive as a team and in consideration of mutual support, which strengthens our relationships at a community level.
No more will a price feel like we’re ‘Selling out’ but will instead be an expression of the work invested upon such goods/ services and its integral reimbursement to everyone that helped within the production/ distribution/engineering process.
Giving and receiving will be regulated by the price in itself, this will ensure that compensation, gratitude and remuneration is recognized and acknowledged by everyone as a collective agreement upon which our system will be based on: Constitutional Equality.
A guaranteed ability to buy means no more fearing scarcity, uncertainty, loss, poverty and misery – the power of acquisition will be giving and received as an organic mechanism based on giving and receiving in Equality.
No more stuff that breaks, all products made with the best quality
No more competition to ‘make the most money’ since all corporations will stop competing against each other – equal profit equals equal life support.
For further reference, read the Equal Money Wiki
Place your questions as the Equal Money Forum and Equal Money Capitalism at Quora
Visit the Group Capitalism vs. Equal Money group on Facebook.
Read the Equal Money Wiki
Read Economist’s Journey to Life
Blogs to Understand More about Reality:
Day 300: The Encryption of Systems (Part One)
Day 301: The Encryption of Systems (Part Two)
Day 302: The Encryption of Systems (Part Three)
Survival Management vs. LIFE-Regulation (Part 6): DAY 305