A Message to Global Warming, Poverty Elimination, and No-More-War Activists

Besides the 50% plus waste within our monopolized economy (that we are told does not exist), if we eliminate the additional 50% of the developed world’s economic activity that adds nothing to a rational quality of life (conspicuous consumption), the world can provide each citizen with a quality life even as measures are taken to avoid global warming. This means a 75% reduction in resource consumption per capita is possible even as each live a high-quality life.

Pulling this research together alerted us that roughly 60% of America’s huge blocs of capital were capitalized values of unearned wealth and elimination of those monopoly values would more than double economic efficiency permitting each to live a quality life while reducing working hours by over half.

This led to another realization: Most economic classics are not philosophical works on efficient economies. They are instead justifications for unequal property rights laws as applied to nature’s resources and technologies, denying others their rightful share, put in place by powerbrokers over the past 700-plus years.

Though it is getting more difficult every day, major classics and their descendents are still justifying those inefficient and inequitable property rights laws. As those laws are the heart of the monopoly system, and thus the cause of poverty and wars, any philosophical work which does not challenge those fundamental unequal laws cannot be a guideline for full and equal rights.

Learning that most accumulations of wealth are unearned is a shock. We feel we work hard for our money. What we don’t realize is that over half of our labor and resources are ground up within the superstructures managing these monopolies. The cost of the military protecting the monopoly system increases that waste and the wealth destroyed in their wars protecting this corrupt system increases it further.

Egyptians spending their labor and resources building pyramids had nothing on monopoly capitalism whose waste is even more massive. Powerbrokers were able to get away with the fraud, first because ever-improving technology was so enormously productive that the gains were great even though the unequal property rights laws were grossly inefficient.

That inefficiency was hidden by the huge amounts of wealth appropriated from the periphery of empire (plunder by trade) and distributed within imperial centers as honest earnings. The citizenry, working hard every day, were unaware half their efforts were wasted and also unaware that much of the wealth distributed to them had been unnecessarily appropriated from periphery societies. We say unnecessary because The simplicity of eliminating poverty and war will stun you

Eliminate that waste and adequate wealth for a quality life for all can be produced within internal economies. This does not happen because the arteries of commerce have been tied to internal plunder through unequal property rights law and world trade has been tied to plunder by trade for centuries, massive sums of wealth are accumulated, and these powerbrokers will not give up their power and unearned wealth.

But people are good. If any country or federated region successfully gained their freedom, eliminated monopolization within their internal economies, and achieved economic efficiency—as we demonstrate is possible—the remaining impoverished world would notice and the monopolization structure, both internally and in world trade, would collapse.

Wars for centuries have been battles between empires over that stolen wealth or those empires maintaining control of the periphery so they can continue to steal their wealth.

Over Half Our Finance Capital is Wasted

We are taught that these huge blocs of capital were crucial to economic efficiency. Not so. Socially-owned banks under social control fulfill any need for finance capital by creating debt-free money for social infrastructure, including first industries. Once an economy is fully developed, infrastructure, universal health care, retirement, costs of running governments, etc, are fully funded by resource rents and the cheaper costs operating the banking system. There need be no taxes.

Under full and equal rights, each would have their proper share of both created and circulating money (finance capital) to provide a quality life and, once a society is fully industrialized, all this while working only two to three days per week outside the home.

That efficiency potential exposes the massive waste within monopoly superstructures that we are told do not exist, over 50% of our labor and resources.

The Legal Structure of an Efficient Capitalist Economy

The legal structure of a non-monopolized capitalist economy is very simple—full and equal rights for all through conditional titles to nature’s resources and technologies which she offers to us all for free and legislating essential services such as health care and retirement as a human right.

Under these inclusive property rights laws” conceived by Henry George over a century ago, the massive blocs of monopolized capital—previously buying and selling capitalized appropriated values (misnamed profits) within the ethereal world of high finance—are transposed into equally-shared use-values.

Sector by economic sector we explain how applying equal rights to (access to) nature’s wealth and technologies will eliminate the inequality of today’s property rights laws as applied to nature’s resources and technologies which she offers to us all for free, reduce labor time, eliminate waste of resources, and reduce environmental impact.

Economic classics are not little more than justifications for those unequal property rights laws put in place by powerbrokers over the past 700-plus years.

To not have protected the system would have led to exclusion from polite society, or worse, just as today any who challenge the system are ostracized to the margins.

Though it is getting more difficult every day, major classics and their descendents are still justifying those inefficient and inequitable property rights laws.

As those laws are the heart of the monopoly system, and thus the heart of the problem, any philosophy which does not challenge those fundamental unequal laws cannot be a guideline for full and equal rights.

Learning that most accumulations of wealth are unearned is a shock. We all feel we work hard for our money. What we don’t realize is that fully half of our labor is ground up and wasted within the superstructures of these monopolies.

The costs of the military protecting the monopoly system and the wealth they destroy establishes Western economies as negative producers. They waste and destroy far more wealth than they consume caring for their legitimate needs.

Next link in this section, also in the right column, outlines how we evolved From Plunder by Raids to Plunder by Trade

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