Posted 9 years ago on Oct. 12, 2011, 1:54 p.m. EST by unlabeled
This content is user submitted and not an official statement
Can't we just collectively buy some businesses? We could collectively run the businesses as well. And use the profits from the businesses to support all the people of the world rather than the privileged few. We could make sure that the businesses don't fail by purchasing their goods and services. Some of the profits could be used to buy more companies. We could run the businesses from a website. We could post all the information from the businesses on that website, and vote on how to run them. Collectively we could beat the one percent at their own game.
I recently found out that this idea is very similar to 'participatory economics' or Parecon for short. Here's a short video to highlight the concept. http://www.youtube.com/watch?v=Pd60nYW577U I have a few criticisms about the video myself. Some aspects about the video I feel could be changed are...
If we have say 50 businesses, employees could be paid depending on desirability of the job. For example, if no person wants to be on garbage duty, the starting pay for that job will go up until the position is filled. If everybody wants to photograph kittens(watch the video), the starting pay goes down.
We could make our own unemployment/retirement system. Each person's total time of employment will be recorded. When an employee becomes unemployed, they can continue to receive payment from our system. They would receive payments based on how much time they were employed. For example, if a person worked for 5 years before they quit, and the unemployed pay is $2,000 per year of service. This employee will receive a payment of $10,000 a year. So, after 30 years of service, this employee will receive $60,000 a year.
We need a web-based Direct Democracy now! http://www.youtube.com/watch?v=Vu8J_UKKa-c