tag:blogger.com,1999:blog-2204879926038431717.post9104071706309150475..comments2022-11-15T14:47:10.058+00:00Comments on the way i see things: Is a better capitalism possible ?markwrightukhttp://www.blogger.com/profile/05441220724259593793noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2204879926038431717.post-5488157395425357822011-05-23T12:37:54.602+01:002011-05-23T12:37:54.602+01:00umm no not really democratic worker ownership not ...umm no not really democratic worker ownership not co operative style, that is still working within the capitalist system, it cannot produce true workers representation as they will have to come in contact with the system at some point to survive. By workers controlled ownership i meant having workers controlling the commanding heights of the economy. We wouldnt need to nationalise every fish and chip shop. Only the very heights of the economy. This will then lead to a filtering down process where workers are in control of the economy using the profits not for personal gain but for social pruposes and the bettering of society, that is essentailly what socialism is. The democratic control of the economy. Of course this would just be the first step to removing the state from peoples lives and freeing them from the grips of .capitalismmarkwrightukhttps://www.blogger.com/profile/05441220724259593793noreply@blogger.comtag:blogger.com,1999:blog-2204879926038431717.post-90466240924255186682011-05-23T12:27:01.435+01:002011-05-23T12:27:01.435+01:00with regards to worker ownership? are we talking c...with regards to worker ownership? are we talking cooperatives. I wonder if we change the corporate tax structure to penalise companies which have a wide earnings gap between themselves and their employees, including agency staff who work on their premisses. If the gap is large, then tax them more. <br /><br />If the gap between staff in a company is small/hour, then they should be on a lower tax band. That would effectively in my view, forge superior business practices and a more co-operative like set of businesses.heroicstevehttps://www.blogger.com/profile/06354414405510720758noreply@blogger.comtag:blogger.com,1999:blog-2204879926038431717.post-47530806270927320022011-05-23T12:15:12.544+01:002011-05-23T12:15:12.544+01:00It might be possible to make capitalism fairer. Th...It might be possible to make capitalism fairer. There are market economies with various GINI's. Our approach is wrong.<br /><br />'The market knows best' is certainly a bizarre god like attitude our free market fundamentalist enemies believe. <br /><br />I think the market couldn't care less about anything more than price signals. That the market will adapt to those who are able to pay. This is why as the world economy has expanded hunger has increased. Its a function of the widening gap between rich and poor. the market is blind to human needs, it sees only price signals -what the elite are able to pay.<br /><br />We can fix this market failure by simply evening out price signals and restricting global trade. <br /><br />Local will surely know what is actually most benefitial in terms of production if their economies are not bolted on to the needs of the rich economies. <br /><br />And likewise if our disposable incomes in our own individual countries or trade blocs are very similar, then the sort of goods the economy produces - the goods the workers work to produce, will be exactly the right profile of goods for everybody.<br /><br />Redistribution of wealth, and flattening of earnings is alls that is required to make production priorities reflect real needs. <br /><br />I believe what is required is a set of very strong policies that lead a nation or nations linked to it, to be drawn in a favoured direction inexorably.<br /><br /><br /><br />brain fart:<br />Could we have a constitutional law that forces our government to (and if it fails, an automatic general election is called) maintain GINI to a low level? So even tory government would have to abide by redistributive policies. <br /><br />Could we have a law that demand that a minimum % of the economy is owned by local councils and the state?<br /><br />Would it be safer to restrict state ownership to commanding heights and housing? Because the more the treasure gains wealth in other ways than mere taxation - the more it will be forced to see the economy holistically. Socialism should emerge from holistic thinking.<br /><br />Have you had any more thought about spanner in the works policies: UK is a medium sized nation within the worlds largest trade bloc. What happens if we, as one of the four trillion € economies abandon intellectual property + patent protection laws. <br /><br />Smashing those restrictive laws, should improve the economy of the world, and for our western sphere which still holds to the stupid notion that global trade means specialisation and that we will specialise in knowledge whilst china will specialise in factories: breaking the patent laws should throw a spanner in the works of that vague strategic idea.heroicstevehttps://www.blogger.com/profile/06354414405510720758noreply@blogger.com