Comments by "Wandering Existence" (@WanderingExistence) on "MeidasTouch"
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“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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Wage labor is renting yourself via "self ownership". Employment is literally renting another human being as if they're property. The employer-employee relationship is a very insidious dynamic. Employment is a rental contract. Like if you rented capital (say, a chainsaw from Home Depot), you pay rent for the "time preference" (basically the cost of time) for a piece of property. Capitalism is based on a principle of self ownership, which sounds empowering, until you realize that most people don't own capital goods other than themselves, and must rent out the authority over themselves as pieces of "human capital". This is a process of dehumanization where human beings are valued for their return on investment as capital goods. This is why, at the very least, capitalism needs unions and safety nets (or abolishment), or else the system won't value people for their human value. Importantly we must also think about our sick, elderly, and disabled people, as they can't provide competitive economic return for the investor class to value. We must figure out a way to change this economic system if we wish to value each other.
Save democracy, create economic democracy!
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“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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Bernie Sanders knows the truth; Wage labor is renting yourself via "self ownership". Employment is literally renting another human being as if they're property. The employer-employee relationship is a very insidious dynamic. Employment is a rental contract, like if you rented capital (say, a chainsaw from Home Depot), you pay rent for the "time preference" (basically the cost of time) for a piece of property. Capitalism is based on a principle of self ownership, which sounds empowering, until you realize that most people don't own capital goods other than themselves, and must rent out the authority over themselves as pieces of "human capital". This is a process of dehumanization where human beings are valued for their return on investment as capital goods. This is why, at the very least, capitalism needs unions and safety nets (or abolishment), or else the system won't value people for their human value. Importantly we must also think about our sick, elderly, and disabled people, as they can't provide competitive economic return for the investor class to value. We must figure out a way to change this economic system if we wish to value each other.
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@darkdan3379 It's always a transfer of wealth. Everyday capitalism is a plutocratic transfer of wealth. The employer-employee relationship is a very insidious dynamic. Employment is a rental contract. Like if you rented capital (say, a chainsaw from Home Depot), you pay rent for the "time preference" (basically the cost of time) for a piece of property. Capitalism is based on a principle of self ownership, which sounds empowering, until you realize that most people don't own capital goods other than themselves, and must rent out the authority over themselves as pieces of "human capital". This is a process of dehumanization where human beings are valued for their return on investment as capital goods. This is why, at the very least, capitalism needs unions and safety nets (or abolishment), or else the system won't value people for their human value. Importantly we must also think about our sick, elderly, and disabled people, as they can't provide competitive economic return for the investor class to value. We must figure out a way to change this economic system if we wish to value each other.
The disenfranchisement of individuals ability to make decisions about the institutions that they live their lives in, through the legal separation of power of absentee ownership from its users/members. Building socially equitable democratic institutions that empower individuals at local levels, are opposed to far off absentee orders, decreasing inequality while increasing freedom.
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“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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I'm hijacking my own comment to post my three favorite MLK quotes. Why? Because I'm such a strong believer in political democracy I feel the need to advocate for economic democracy.
"Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.”
– MLK, Speech to the Negro American Labor Council, 1961.
“We must recognize that we can’t solve our problem now until there is a radical redistribution of economic and political power… this means a revolution of values and other things. We must see now that the evils of racism, economic exploitation and militarism are all tied together… you can’t really get rid of one without getting rid of the others… the whole structure of American life must be changed. America is a hypocritical nation and [we] must put [our] own house in order.”
- MLK, Report to SCLC Staff, May 1967.
“The evils of capitalism are as real as the evils of militarism and evils of racism.”
– MLK, Speech to SCLC Board, March 30, 1967.
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Personally, I've been interested in two grassroots groups called the Next System Project and the Democracy Collaborative. They have devised a way to keep production local for key anchor institutions and contract service to cooperatives. They have helped multiple cities struggling with job loss due to factory closures build back their communities, in the US and UK. In addition, trade unions, collectives, public banks, credit unions, community land trusts, CSA's, and many other democratically controlled institutions can work together to create democratic networks outside the market to create an economy that doesn't reduce people, their governments, and the environment to a monetary value. I think this can be a viable strategy to give people the autonomy over their work. I believe economic democracy is the only way people who work for the economy will have the economy work for them, their families, and the planet too.
This way of revitalizing communities by building community wealth has helped many communities all over the globe, and it is utilized by the UK labor party and touted by Jeremy Corbyn. Preston, Lancashire became the most improved city in the UK because of community wealth building. Not to mention, much of the progress in labor rights has been due to union's collective power. The thing that draws my conviction to the movement is that I can see it now, helping empower people to live happier, healthier, and wealthier lives.
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