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SOCIAL ECONOMICS
Social Economics is the process of merging the best aspects of capitalism with true democracy for
the benefit of both the individual and society; which yields the term “social capitalism” or
“cooperative capitalism.”
Within the capitalist scheme, the principle means of production (material resources), are owned by
private individuals who can monopolize and adversely affect the availability and cost of products
and services; who can manipulate markets as well as the legislative process for unfair advantage;
and, who can abuse the labor force required to create the products capitalists profit from.
Profit and money have the ability to motivate positive or negative outcomes. However, money is
not the cause of social and economic inequity – inequity is due to corruption of individuals. The
use of money to influence destructive actions; the exploitation and atrocities committed by
individuals and corporations to obtain money; and the dysfunctional economic processes
individuals must maneuver to obtain money, pose the greatest threats to society.
Labor and materials are required if one is to create wealth, thus the theft of, and exploitation of,
land, and abuse of the labor force by corporations and business-people will continue until their
greed is contained. Greed is a mental illness.
LOGIC
All the resources of the earth belong to all people and not exclusively to those who have
selfishly exploited resources and labor for profit, which has compromised our ecological
systems.
A well-designed social-economic system ensures inventors, entrepreneurs, production and service
units, and private corporations have access to the resources required for production and service
provision, and that appropriate oversight is administered to prevent fraud, inefficiency, waste, and
theft to ensure the needs of all people are met.
The people jointly manage and grant Usery Rights (see definition within this section) of resources
required for production and distribution based on established allocation priority levels and
recommended conservation measures, if applicable.
The people of every nation determine allocation rights for their natural resources and recycled
materials; and determine the maximum labor hours an individual works daily for the production of
goods and the provision of services.
All requests for the provision of goods and services for the operation of a production or service unit
or independent business will be submitted to the people through iPresent’s Production and Service
Enactment process.
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