Economic democracy: Difference between revisions
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This page is propaganda, not encyclopedic. Tried to reduce the noise. |
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{{POV checked, any counterarguments?}} |
{{POV checked, any counterarguments?}} |
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'''Economic Democracy''' is the logical next step in the development of democracy. We have already achieved equality in the law, equality in the right to vote, equality for women, but we find that it is not enough. As long as some people own a lot more property than other people they will have power over other people, and the individual freedom is limited for the less rich. |
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Now women are struggling to get the same wages as men for the same job. |
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Economic democracy means equality in living standard, equality in the quality of schools for the children, equality in personal power, material equality. |
Economic democracy means equality in living standard, equality in the quality of schools for the children, equality in personal power, material equality. |
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Of course the capitalists will try to hi-jack the idea of economic democracy, just as they did with the concepts liberalism and libertarianism. |
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They simply take the idea of freedom from oppression and apply it to the opressors. The rich must have individual freedom too, so they can use their land, their factories, all buildings, the whole production and distribution system, as they like. So liberalism which poor people thought would save them from the tyranny of the rich became a party for protecting the rich. |
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Economists write book about their visions of "economic democracy", like this book: |
Economists write book about their visions of "economic democracy", like this book: |
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*Eliminating those monopolies will instantly distribute a share of the wealth to all members of society even as economic efficiency increases and produces more wealth. |
*Eliminating those monopolies will instantly distribute a share of the wealth to all members of society even as economic efficiency increases and produces more wealth. |
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He calls this a more "cooperative" and democratic |
He calls this a more "cooperative" and democratic capitalism. He has written two books on the subject: <br/> |
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*[[Economic]] [[Democracy]]: The Political Struggle of the 21st Century |
*[[Economic]] [[Democracy]]: The Political Struggle of the 21st Century |
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Revision as of 00:41, 1 May 2006
Template:POV checked, any counterarguments?
Economic democracy means equality in living standard, equality in the quality of schools for the children, equality in personal power, material equality.
Economists write book about their visions of "economic democracy", like this book:
Economic Democracy is a theory proposed by Dr. J.W. Smith as a model to reduce poverty around the world. He claims the world is in a cycle of "plunder by trade" and is therefore locked into a cycle of violence and war. The three main points he proposes for the removal of poverty around the world are:
- Eliminate the monopolization of land, technology, and finance capital and equalize pay for equally productive work, both within internal economies and between trading nations.
- Once all nations and all people have access to technology and their labor is paid equally for equally productive work, the buying power of labor in different nations, and within nations, will equalize.
- Eliminating those monopolies will instantly distribute a share of the wealth to all members of society even as economic efficiency increases and produces more wealth.
He calls this a more "cooperative" and democratic capitalism. He has written two books on the subject:
- Economic Democracy: The Political Struggle of the 21st Century
- Cooperative Capitalism. A Blueprint for Global Peace and Prosperity
both are available in free ebook format on the institute for economic democracy site. (1).