Publish-capitalistic Free Market Society, How Can US Be Rescued (Half V) – Economic system, Work and Retirement

Right here is how a technological democratic society operates. We shall be trying into the appliance of equality of alternative in 4 areas of capital, labor, state and know-how. That is the center of democracy, as a result of, there can’t be any sort of actual democracy with out having financial democracy.

A. Capital

To democratize the possession of capital, the precept of equality of alternative prohibits unjust enrichment. It merely signifies that no particular person receives property with out giving in return a comparable compensation. This is called the precept of unjust enrichment. Its utility establishes the property possession and relationship in a democratic society with the next penalties:

1. Inheritance. Inheritance is the best reason for inequality of alternative. It results in class stratification. It’s the first think about creating an unjust society. Since something acquired by way of inheritance is free and with out comparable compensation, it quantities to an unjust enrichment. If it elevates the chance of the beneficiaries to the extent that it creates unequal alternatives, it can’t be allowed beneath the precept of equality of alternative. The proceeds from inheritance go into the Public Consumption Fund, a public group, to be spent in offering very important companies to society similar to training and well being care. The result’s that because the wealthy people die, their wealth, to the extent allowed by the precept of equality of alternative, is transferred to this group and used for public good. Progressively rich households, which loved a really excessive alternative beneath capitalism, disappear whereas their riches are used to complement and enlighten the plenty as an entire. In a span of some many years, society ceases to have any tremendous wealthy. The ruling capitalist elite dies and with it disappears its dominating financial and political powers.

Thankfully, the U.S. Structure embodies the idea of equality of alternative. It solely must be specified to use to financial and social elements of life. The method of transition shall be peaceable. It requires Congress to suggest a correct modification to the U.S. Structure clarifying the appliance of equality of alternative to financial, political an social elements of life. For the reason that modification, if ratified, would prohibit inheritance, for the stage of transition, Congress ought to specify a determine for optimum inheritance similar to $5 million. This may insure the ratification of the modification since solely 0.7percent of inhabitants has wealth in extra of this quantity. The consequence shall be equalization of the wealth inside the restrict of $5 million. A long time later when minimal nationwide inheritance stage will improve disparity shall be negligible or could also be readjusted then to ensure full equality of alternative. [1]

2. Income. As offered earlier than, as globalization progresses, free commerce market financial system causes the sort of eager competitors that frequently cuts down the revenue margin resulting in its digital elimination.[2] The revenue motive stays nonetheless there however not often materialized. At this stage, estimated to materialize in 4 to 5 many years, the society’s levers of power- the multinational firms, the army and their politician and bureaucrat supporters and collaborators- are eradicated from energy standing. By the coordinated efforts of native teams everywhere in the nation, equality of alternative prevails, the financial system and social construction are reconstructed for effectivity and justice. The manufacturing in a cooperative manner focuses totally on folks’s major wants. Each ready particular person participates whether or not in neighborhoods, communities or work locations. Folks work for just a few hours a day having ample time free for leisure, artwork, music and different artistic work and pleasure.

3. Labor. Relating to labor and workforce, there’s a very primary distinction between capitalism and technological democracy. Underneath capitalism, the capitalist controls land, capital and know-how, and employs labor from the market. Underneath technodemocratic financial system, the employees personal and management the capital and all different technique of manufacturing. The precept of equality of alternative controls the method of possession of capital and prescribes its democratization. It materializes the overall non-public possession of the technique of manufacturing and distribution to the extent by no means achieved earlier than. It prescribes that the possession of capital be regularly and systematically transferred from the capitalist to the employees. For clarification, it should be famous that the time period employee on this idea embodies any particular person working for the capitalist from high administration and professionals right down to the unskilled staff. Underneath this idea, whereas every employee receives an everyday wage, he’s additionally given a sure specified quantity of shares of the agency the place he works. Thus from the time he receives his first pay, he begins to change into an element proprietor of the agency. Because the years go, the employee continues to build up capital and improve his share of possession. As the large capitalists die, their share of shares revert to the Public Consumption Fund and from there may be positioned within the inventory marketplace for sale. These shares are bought by totally different establishments, public establishments specifically, and regularly transferred to the employees together with public staff together with their month-to-month pay. Some can also be bought by particular person. [3]

After 4 or 5 many years, the capitalist class as we all know right this moment, disappears and the possession in addition to management of capital and manufacturing corporations change into wholly transferred to a brand new capitalist class the identical because the working class. From there on because the retired staff die, their share of shares go to the Public Consumption Fund and positioned in inventory market and eventually bought by totally different establishments and regularly transferred to the brand new era of staff together with their pay. For the shares that every employee owns, he receives dividend which continues to extend as he continues to build up increasingly shares. Every employee is entitled to full advantage of possession of his shares besides that they don’t seem to be transferable to others however could be exchanged with different non-transferable shares of different establishments on the inventory marketplace for the aim of diversification of their possession. This non-transferability of the shares is prescribed by the precept of equality of alternative and, as it is going to be offered in a while, revenue from these shares takes the place of social safety and outdated age advantages for the proprietor in the course of the retirement interval since beneath technological democracy there are not any public welfare applications similar to social safety, medicare or food-stamps or else. Well being care and training are the one applications accessible free for all, funded by the Public Consumption Fund and never the federal government.

4. Place Classification. Place classification is a know-how developed for organizing, classification and equalization of comparable positions. It describes the obligations of every place and corresponding monetary compensation vary. Underneath this know-how, positions are categorized vertically in addition to horizontally. This technique is utilized nationally and universally to all accessible positions. Horizontal positions are these requiring comparable ranges of expertise to hold out job necessities. Nonetheless, these positions might not be comparable within the sort of features and expertise they require. For instance, medical medical doctors, legal professionals, and high directors all require a excessive stage {of professional} ability, whereas functionally they’re fairly totally different from each other. They could be positioned horizontally in a single class and entitled to the identical vary of compensation. The identical applies to clerical or different class of employee. Vertical positions are categorized from the bottom to the best.

Know-how of place classification was created primarily for the aim of accelerating and controlling productiveness in addition to offering equitable pay techniques, comparable pays for comparable jobs. This know-how shouldn’t be new; it has been utilized in each industrialized society by its public sector and by all main, medium measurement and a few small non-public establishments. Nonetheless, every establishment has its personal impartial place classification and corresponding pay system. The nationwide authorities, every state authorities, main metropolis governments and big firms every has a place classification of its personal. There is no such thing as a uniformity amongst these techniques and there are injustices. Moreover, an incredible number of small companies do not need a classification system but these are the establishments using nearly all of the working class people who find themselves not topic to any commonplace of pay and are usually exploited. Underneath technological democracy all these techniques are introduced beneath one umbrella with the identical requirements of positions and corresponding pay system. Nonetheless, such a monumental classification shouldn’t be achieved intimately by a central workplace. This might be an unimaginable job. The nationwide authorities by way of the Place Classification and Pay Fee, a department of the Nationwide Financial Council, establishes a normal classification of positions, a system someway just like the current nationwide classification. Then it requires every establishment , non-public or public, giant or small, to determine its personal place classification and pay system inside the framework established by the nationwide classification and pay system. A duplicate of this classification by every agency is entered in Technodem web site accessible to everybody together with each worker within the establishment. The Technodem will test this classification in opposition to the nationwide system and can inform the establishment about discrepancies for correction, if any. This classification is put into operation by the corresponding establishment till it’s objected by the Technodem or the regional classification council.[4]

The techniques are reviewed annually by every establishment as new applied sciences develop, sure positions are deserted, new positions are created or features of some positions are modified or modified. Place classification beneath one nationwide mannequin system has a number of advantages.

1. It harmonizes and standardizes all accessible positions, non-public or public.

2. It equalizes the pay system, comparable pay for comparable jobs, no matter race, colour, intercourse or whether or not a employee is a union member,

3. It eliminates the union bargaining and thus eradicate unionization for financial functions.

4. It simplifies place and pay classification on the institutional stage following a standardized and up to date nationwide mannequin.

5. It democratizes the work system by offering equality of alternative in comparable positions with comparable pay.

6. It permits regional companies, by way of Technodem know-how, to oversee the right and uniform utility of nationwide requirements.

7. It permits discretion in every establishment to proceed with its personal place and pay classification.

8. It offers every worker a chance to judge his place requirement and pay stage compared with the nationwide requirements and, within the case of discrepancy, petition first his establishment after which file his petition with the Technodem which can look at the criticism instantaneously and reply to it. If the establishment didn’t resolve the problem based on the Technodem recommendation, he then can petition the regional classification council which can often go together with the Technodem discovering. By this fashion place classification in every establishment is scrutinized by its staff and dropped at the extent prescribed by the nationwide requirements.

5. Shared Alternative and Full Employment. It is a essential precept of democratic employment alternative. The appliance of the precept of equality of alternative requires that these having the next stage of employment alternative share it with these missing such alternative on the similar place stage. This refers specifically to unemployed staff looking for employment. In fact, at each ability stage, these employed have the next alternative than these unemployed. The precept of shared alternative is employed to equalize the scenario. It requires that those that have employment, with a purpose to present for equality of alternative, forgo a small a part of their employment alternative by giving up a small a part of their work, say one hour per week, and thus present employment alternative for his or her unemployed fellows.

For instance, if there’s a 100 million work power and every employee offers up one hour of his weekly work, nationwide 100 million work-hours amounting to 2.5 million full time positions will change into accessible to these unemployed or new comers. [5] It must be seen that unemployment in technological democracy has a unique character. Everybody begins working part-time when he reaches 15 years of age and completes his skilled or technical training whereas working. So work beneath technological democracy has a transitory character and is a person proper. Sharing alternatives offers for steady employment, inflicting stability out there and thus eliminates a serious reason for recession by offering job safety for working years. The inflationary course of can even be prevented since there shall be no monopoly corporations, no value improve to maximise income. Large firms will robotically divided into many smaller corporations, and competitors out there shall be tense, extra sensible and free. This decentralization and dispersal will happen as a result of as soon as staff obtain controlling shares of a large agency they are going to are inclined to eradicate the superstructure of the company paperwork which didn’t produce something and had additionally misplaced its unproductive use. Then, staff’ want to have voice within the manufacturing course of will have a tendency towards dismantling the enormous company into smaller entities through which the policy-makers shall be instantly hooked up to the operation of manufacturing and every employee can really feel his voice and energy over his establishment. The identical will occur to the branches or affiliated corporations overseas. They’d wish to be impartial particularly when the superstructure in home nation turns into abolished. Thus the period of big multinational firms will change into historical past as a stage of transition from monopolistic worldwide capitalism to aggressive technodemocratic financial system. The outdated motto that “small is gorgeous, controllable, extra democratic,” will change into materialized.

6. Previous Age Advantages: In contrast to the welfare applications instituted beneath the present capitalistic and socialistic techniques, there shall be no retirement or normal welfare applications beneath the technological democracy. First, every particular person will begin half time work on the age of fifteen. His revenue from the work shall be ample to pay for his dwelling expenditures, since he can have no training bills as a result of it is going to be free for everybody in any respect ranges. By the age 21 he’ll end his school training (exceeding in worth over an M.A. diploma at present) and shall be employed full time. Every particular person shall be required to work for at the very least 30 years with a purpose to present a sustained and ample revenue for his outdated age interval. It’s estimated that if every employee obtain the corporate inventory equal to 25% of his pay, after 30 years, when he retires on the age 52, he’ll accumulate sufficient capital from the shares and their amassed returns to obtain an revenue of round $30,000 to stay modestly however comfortably contemplating that well being care and training shall be free and particular person taxes shall be very small. Most of taxes shall be collected from manufacturing corporations. Nonetheless, whereas the person retires from the official workforce, he doesn’t retire personally. Being solely 52 years outdated he has a few years of lively life to contribute and be productive in social, political and financial fields. These may very well be both voluntary or revenue producing. This retirement after 30 years of service is obligatory with a purpose to keep equality of alternative in office, and under no circumstances deprives people from pursuing productive actions of their liking. It has additionally a number of necessary advantages: first, it offers vacancies to new staff getting into the market, second, offers the retired staff with a few years pleasing and intellectually productive life; third, offers for participation within the political course of the place required {qualifications} for election is excessive and the service is non permanent. At retirement, every particular person would possess information in humanities and social sciences far above the current Ph.D. stage because of over thirty years of steady graduate training, making him extremely certified to carry public or elective places of work. Beside this, each particular person has additionally over Ph.D. stage information in his technical or skilled discipline.[6]

Thus this required retirement is technical fairly than actual. The person who is very educated and skilled at this stage of life, could get engaged in many alternative varieties of labor similar to artwork, music, artistic writing, counseling, political or financial actions individually or in partnership with different retired individuals. Since high coverage making positions in regional and nationwide authorities are non permanent with 4 to 6 12 months phrases, it is going to be a wonderful alternative for the post-retirement life. Underneath technological democracy the person employee is made accountable to carry and care for his personal retirement shares. That’s the reason the shares he receives month-to-month from his agency are non-transferable, whereas he can train all different advantages of possession together with annual returns from them throughout his lifetime. Notably, that working folks can be hesitant to run for political places of work since this could interrupt their working course of and financially have destructive impact on their future promotions in addition to their retirement advantages.


1.Reza Rezazadeh, Technological Democracy: A Humanistic philosophy of the Future Society, 1990, pp. 192-194

2. —————-, “Globalization and the Finish of Capitalism,” additionally in

3.—————-, Technological Democracy, opp. cited, pp.194-198

4.—————-, Technodemocratic Financial Concept: From Capitalism and Socialism to Democracy, 1991, pp. 184-186.

5.Ibid., pp.186-188, 205, 235.

6. Ibid., pp. 188-190, 219.

Dr. Reza Rezazadeh

1080 Eastman Avenue, Platteville, WI 53818

Cellphone: (608)348-7064

Source by Dr. Reza Rezazadeh

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.