Imagine Economic Democracy

This post first appeared at the Imagine Democracy blog.

We don’t have to “bring back jobs from China.” Economists explain that exporting low-level jobs and automating free up resources so “we” can have more $ and free time. And places climbing the jobs ladder get jobs.

The problem is how “we” are distributing the gains. Right now a company ships jobs away or automates and a few already-wealthy people in charge of the company get all of the gains. The workers a shit out of luck. They lose homes, etc.

AND on top of that the owners of companies use those job losses to break unions, etc, forcing wages down. “Shut up and accept the pay cut or we’ll fire you.”

Imagine Democracy

It doesn’t have to be that way.

Imagine if “we” all shared the gains, and received more $ and free time. And as those other countries automate, etc., they also get more $ and free time.

What we need is democracy (aka “socialism”,) so we can GET that $ and free time.

Imagine if we had an economic system designed to be of, by and for We the People, where we require that automation and job exports mean those economic gains go to US – We the people – instead of an already-wealthy few.

A company improves efficiency by automating, etc., and the gains go into a fund. As all the companies do this, the fund provides income to working people. People get the same pay and reduced hours because the efficiencies mean there is less work to do. Or they can move up the ladder to more-skilled jobs for more pay.

In other words, imagine democracy

Capitalism

Capitalism by definition is a system (‘ism’) designed of by and for ‘capital’ (people with money).

People with surplus money make the decisions about where to apply our economy’s resources and then reap the benefits of the investment. For themselves.

We the People are largely prohibited (privatization) from deciding where to apply resources and are charged for use of those resources.

Private roads. Private railroads. Private health care. Private energy sources. Private communication sources. Private financial resources. etc…

Run For Congress As A Democratic Socialist

Bernie Sanders is going to give a big speech on Democratic Socialism.

I think this presents an opportunity for people to run for Congress in Democratic primaries — or as the ONLY Democrat is some districts — as Democratic Socialists. I’m looking at how to register to run in my district.

You might not win but I think it makes sense to make the case for — and get people thinking about — taxing the rich, corporations and Wall Street transactions and using the money to provide:
● Increases in Social Security
● Medicare-for-All
● Free higher education with a stipend while attending
● Low-cost child care
● Help elderly stay in homes and low-cost nursing home care
● Modern mass transit, high-speed rail, etc.
● Well-maintained modern infrastructure (and associated jobs)
● A huge push to solar, wind and other alternative energy, with a weatherization program (and associated jobs)
(The “associated jobs’ thingy is part of a full-employment program.)

Think of other things that We the People can do together to make our lives better — also known as democratic government for the people.