Stopping this Financial Crisis in its tracks, Eliminating Poverty, and Providing Full and Equal Rights for All.

Posted 1 year, 7 months ago (Monday, January 19th, 2009 at 3:35 am) by jwsmith

This financial crisis is deepening fast, J.W. Smth.

Cause of poverty within internal economies is rooted in exclusive title to nature’s wealth which she offers to all for free

Below are easily understood examples of the causes of poverty and equally understandable examples of how to restructure and provide a quality life for every citizen of a nation and even the world.

How did such an inefficient economy evolve? Visualize a fertile valley 10,000 years ago with fruits, nuts and vegetables growing wild along with lush thatch for building shelters. The new settlers have only to pick their food, build their thatch homes, and, once that home is built, relax most the day.

A cunning cabal form and each lay claim to a part of the land. They make a pact with toughies that they will share the spoils if they protect their unequal and unjust “property rights.’

The primary cause of poverty among plenty has just been established. The meek, mild, and law abiding now have to share the food they pick with those “owners” and have to build their houses. Those cunning go on to claim their unearned wealth on through history and that is the property rights laws, as applied to nature’s resources and technologies, denying others their rightful share of what nature offers to all for free, that is in place today.

Your property rights laws today, as applied to nature’s resources and technologies, is nothing more than aristocracy’s property rights law, exclusive title to nature’s wealth which she offers to all for free. We are not talking about personal property which was built by labor and is properly exclusively owned. We are talking about the wealth of nature which was not produced by labor. It is wealth that belongs to everybody.

Now it is obvious why the power structure is privatizing everything in sight and why costs rise rapidly (frequently doubling) each time a piece of nature or a part of the infrastructure of the economy, such as a highway or bridge, is privatized. This is happening all over the world and efforts are underway to privatize highways and other social services, even Social Security.

When Bolivia’s water system was privatized, costs tripled as services went down. The citizenry revolted, physically took back their water system, prices dropped, services rose rapidly, and the legal structure had to recognize and legitimize that recovery of society’s basic right to water.

Of course our legal structure did not begin 10,000 years ago, it developed in various stages between now (those unequal laws are still being enacted) and 800 years ago and aristocracy proper developed throughout the previous centuries.

In the above quote from our books, the origin of today’s unearned massive fortunes is laid out. Over the past several hundred years, every gain in wealth-producing technology was monopolized just as the wealth of nature upon and under land was monopolized.

Of course technology is also a part of nature

Wealth-producing technology developed faster and faster and its monopolization, along with the appropriation of ever more massive sums of unearned wealth, kept pace.

From 1972 until the current financial crash, the descendants of those original land monopolizers, today’s power brokers, claimed all the increased wealth of ever-more-efficient technologies plus a part of what once went to labor.

Those gains were 30% per decade compounded. Within those 35 years, unearned wealth increased roughly 130% while the daily income of individual labor declined. This theft was unrealized by labor because their wives went to work to make up the difference.

This theft was accomplished because while economies are going well governments due the bidding of capital and ignore the needs and rights of labor. Only during a crisis such as is currently emerging, when the threat of ballot box revolutions are high, are the rights of labor considered.

How society can restructure to full and equal rights

Below are some quick examples of how society can restructure to full and equal rights for each citizen during this crisis with the powerbrokers under threat of a ballot box revolution.

We will alert you that economies under these full and equal rights will reduce employed labor time and resource consumption by half.

That savings of resources and alleviation of pollution will go a long way towards providing every citizen of this earth a quality life even as the pressure on resources and the environment it reduced.

This is all evident in the above example of how labor was forced to work more hours to care for the non-producers who had laid claim to nature’s resources and technologies denying others their proper share of what nature offered to all for free.

Once those lost rights are regained, current non-producers have to work for their living and the labor and resources once wasted operating the superstructure of those monopolies are now free for truly productive work.

Of course we are told those monopolies do not exist but the above examples of how they formed and how they claim all efficiency gains of technology prove they are the primary factor in all economies today.

Our first example on the simplicity of elimination of monopolization

Whether buying real property or renting we are all paying rent on what nature offers to all for free.

Simply pay those rental values to ourselves instead of monopolists, use those socially-collected funds to run governments, build infrastructure (railroads; roads; water, sewer, gas, electric, and communication systems–all natural monopolies), and provide education, health care, and retirement.

As all taxes disappear, each citizen is quintuply repaid for paying those rental values to themselves.

Our Second Example, monopolization of social technologies

Just as resources and technologies are a part of nature, so are social technologies. Though a tiny tiny bit of mental labor was expended to figure them out and an equally tiny amount of physical labor expended putting social technologies in place, they are essentially there at all times offered for free by nature

Social technologies are not produced by labor thus they are not entitled to be owned or profits privately collected for their use.

Money and banking are social technologies that have been understood for centuries and are ideal examples. The only labor produced values in banking is a little brick and mortar and some furniture.

For a hundred years or more bankrupt private banks have been taken over by governments, nursed to health, and sold back to the private sector.

That alone is proof that socially-owned banks are far more efficient than privately-owned banks. Two hundred years ago, Scotland proved that one percent interest on loans covered the cost of banking.

With cheap computer accounting, the costs of banking are not over 1/2 of 1%. Thus all interest charges above that 1/2 of 1% properly are paid to the citizenry themselves, just as the rental values of nature’s resources, and those funds further support eduction, health care, retirement, etc.

There are a few other monopolies eliminated within our philosophical structure but they will quickly be eliminated once these two primary monopolies are understood and eliminated and the monopolization process thus exposed.

The simplicity of an honest economy that any bright high school student can understand can now be clearly seen

Labor is paid, they buy food, fiber, shelter, and recreation with those earnings and also pay rents on land (resources) and interest on loans.

As addressed above, those rental funds and interest paid cover costs of governments, all social services, even as all taxes disappear.

The ethereal world of high finance was not necessary back when this monopolization process started and it is not necessary today.

Under the simple, but profound, changes in property rights law, as it relates to nature’s resources and technologies, full and equal rights are attained and poverty disappears even as employed working our outside the home drop to two to three days per week.

More information

All that research is available in our primary books, recently updated:

They can be downloaded or read online for free.

You can also purchase hard copies, which will support our efforts and enable us to continue offering our research for free.

Those crucial 170 words describing an honest, efficient, capitalist economy. Does anyone have the ear of President Barack Obama’s Economic Recovery Team?

Please alert your contacts. Place a review on Amazon.com (Economic Democracy: A Grand Strategy for World Peace and Prosperity – Money: A Mirror Image of the Economy).