In 1991, after over 30 years of research and original thoughts, I published my theory of the future democratic society in “Technological Democracy: A Humanistic Philosophy of the Future Society”, and presented its more refined structure in my later publications cited below. Because of the global economic crises forcing people to look for a new societal system to replace the old corporate dominated one, I decided to publish a simplified and short version of my theory, in a manifesto form of only 64 pages for general public as a guide for taking action toward changing the system. I firmly believe this is the system of the future world which will materialize within this century. It will save many lives and opportunities if we understand it now and take action to materialize it before it gets too late to stop wide-spread violence and bloodshed.
The economic concept presented here is a part from a new scientific theory of technological democratic society which is thought, sooner or later but ultimately, charteracatamaraninthebvi to replace the present two centuries old chaotic and outdated system of, so called, representative democracy. People in nearly all developed and some developing countries are earnestly looking for a modern but just and fair system to replace it. The total and detail structure of this new societal system, which is presented in three books (over 1000 pages), obviously cannot be properly presented here. The reader needs to have this in mind when some questions arise. However, understanding it with a little use of logic and reasoning is quite simple, since the scientific base of the theory rests on the application of a single principle of equality of opportunity.
Our Constitution literally covers the principle of equality of opportunity but suppose, to clarify it, we pass an amendment to our constitution recognizing equality of opportunity as an individual right in every aspect of daily life. This immediately expands democracy to cover the whole system of the societal life: economic, political, as well as social. Let’s see what happens to the economy of the country and along with it to individual liberties, political process, social order, employment rights, and equality regardless of race, gender, culture, and religion. Here is a very brief account of it..
The New Economic Theory
The manner by which property is produced, owned, and used, determines the economic structure of a society and, to a substantial degree, its social and political characteristics. A necessary condition for economic democracy is the equitable distribution of capital among the people and dispersed control over its use.
The Principle of Unjust Enrichment
The principle of equality of opportunity prescribes that every person has full authority of control and management of whatever he or she owns during his lifetime, but no one in a technological democratic society is allowed to gain opportunity over others through accumulation of wealth by profits achieved by exploitation and subjugation of others, or free transfer of assets. This principle is known as “prohibition of unjust enrichment.” Such accumulation is allowed only through individual’s own labor. Thus, no one can be enriched through inheritance or receiving property or assets without a comparable compensation. The reason is that such enrichment will disturb equality of opportunity by increasing one’s opportunity, without his personal efforts, over those of others. Inheritance is allowed only to the extent that it does not affect equality of opportunity. Profit is another form of unjust enrichment since the capitalist receives it through exploitation of workers as well as consumers. It unjustly enhances the opportunity of the capitalist against workers and others. However, a nationally specified amount of return from the use of capital is justified.
Capital and Capital Accumulation
While capital is still one of the main forces of production, its characteristics is quite different with that under capitalism or socialism. Besides the capital accumulated through savings from a worker’s own earnings, in order to attain equality of opportunity, each worker has also another source of capital accumulation. It is a determined number of shares of his employer’s firm he receives every month along with and as a part from his salary. This process gradually and peacefully transfers capital from the capitalist to the worker allowing him or her increasing voice in the operation of the firm. A unique and fantastic result is attained by this process of transition; the distinction between the capitalist and working class disappears and both join together into one. It is important to note that the working class under this theory embodies anyone working in any production process from its top managers to its least qualified one. bostonhaikusociety
The accumulated capital by the workers under this program stock-holding is non-transferable, but it remains under the ownership and control of the worker. It replaces the present Social Security system, providing him or her with income sufficient for a modest but comfortable living standards after retirement. Like Social Security, after the death of the owner, this non-transferable capital reverts to a public organization known as the Public Consumption Fund responsible for providing free health care and free education for all. However, in order to diversify his or her non-transferable holdings, the worker may exchange part of his or her firm’s non-transferable stocks with non-transferable stocks of other companies in the stock market. In reality, these stocks are a part from the social capital in circulation providing a variety of beneficial functions, all under individual and private control. In addition, of course, the worker has capital accumulation by savings from the salary, income from capital investments in production firms, income from nontransferable stocks, and inheritance. The worker has full control over all these assets during his or her lifetime.
The Working Class, Shared Opportunity and Employment Right
The application of equality of opportunity creates a new mode of production eliminating exploitation and gradually making the worker a full participant in production and distribution process. At the workplace, it creates different opportunity levels based on each individual’s education and experience.
Under equality of opportunity, employment is an individual right because there is no such equality present between those employed with those unemployed within the same level of competence. Each institution must provide employment for any applicant corresponding to his or her level of competency through the use of the principle of “shared opportunity” derived from the equality of opportunity principle. It requires that each employed person within the firm at the same level of competency as those unemployed applicants, to give up a small portion of his employment opportunity (e.g. 1-4 hours out of 40 hours per week) to provide the same employment opportunity for the applicants. The concept of supply and demand at each level of opportunity stabilizes the employment market for this and any other level of work nationwide. Shared opportunity causes full employment and lifetime job security for anyone desiring to work.
Work, Education, and Pay System
The general level of compensation is determined by a general position classification at the national level calculated and established by the National Economic and Production Council (NEPC) by the assistance of the Technodem, which is a national independent, self controlled electronic system and indispensable instrument in proper application of equality of opportunity, also known as the people’s best and trusted friend. The Technodem by having access to prices of all goods and services and the cost of living, calculates and reports to NEPC the amount of minimum wage required for a minimum living standard. The NEPC designs a model position classification and pay system accordingly. This is fed to the Technodem equipped to supervise its application in every institution hiring workers. Each production firm then, following the national model, establishes its own position classification and pay system and feeds it into the Technodem which instantly compares it with the national model, and reports back discrepancies, if any, to be corrected. The position classification within each firm does not have to be exactly the same as the national model but it has to fit into the range specified by that model.
In technological democracy, after twelve years of general education, sho the work system and education merge together. Everyone is required to complete the general education program. It consists of four years of preschool education starting at age three up to seven; four years of elementary and four years of secondary education. It contains a condensed curricula from grade one through twelve. After completing this educational program, the person who is about fifteen years old, begins to work part-time while starting his higher education full-time. His study program is equally divided between general-humanistic and professional-technical parts. The first part, develops him as a democratic person, deeply devoted and committed to the principle of equality of opportunity. However, the core part of his humanistic education is achieved through his or her 12-year of general education. By the age of 22, he or she achieves the knowledge level of an MA degree under our present system, and starts to work full-time and continues his studies part time for the rest of his working years. Every worker at the time of retirement, which arrives at his early 50s after 30 years of work, accumulates knowledge, far beyond the Ph.D. level, the highest degree in higher education offered today. This higher level of knowledge is required and necessary in a highly scientific and technological and ever-changing life environment at work as well as at home. This part-time education is a part from the worker’s required working hours; for a 40 hour-per-week work program, he works 32 hours and studies 8 hours. Everyone starts the life from scratch and gradually moves to a high position and high income by the time of official retirement. There remains still two or more decades of active life left for each individual after retirement to enjoy life without worry spending it in leisure, art, music, travel or other creative and desired ventures.
The technological democratic society is based on the concept of the least government being the best. Accordingly, the national government has no domestic line functions. All national departments except for defense and State, all regulatory agencies and welfare programs are discarded. The state governments are down-sized by about 40 percent; while the size and responsibilities of local governments are increased by about 20 percent. The Technodem, production firms and local social organizations carry out most of the needed public functions. Under this system there is an incredible expansion of individual rights and freedoms, free education, fee health care, employment rights, and old age benefits all under full individual and private control.