SysFeat
  • Introduction ▾
    • Foreward
    • Preface
    • Overview
  • Political Economy ▾
    • The Economy
    • Commodities
    • The Enterprise
    • Accounting
    • Capital
    • Profit
    • Employment
    • Distribution
    • Wages
    • Interest
    • Prices
    • Money
  • Economic Policies ▾
    • Five main principles
    • Cleaning up the capital market
    • Cleaning up the labor market
    • Liberating civil society
  • About▾
    • Who are we?
    • Original Documents
    • Appendixes
Home›Conclusion

Conclusion

The freedom of offer regulated by the freedom of choice is a fundamental rule of societal life. It is this principle that, in a democracy, governs the devolution of political power. It will also deliver the full measure of its economic benefits when four main conditions are met:

  • The removal of obstacles to the EPCE feedback (Chapter 7) will result in full employment arising from new and incessant capital placements, which will, at best, reduce, or at worst, maintain the proportion of credit in corporate financing
  • The maximization of total labor income through the RPP’ relation (Chapter 8) will have replaced, in the prevailing mindset, the supposed inevitability of maximization of profits and maximization of surplus value.
  • The distribution of total labor income by collective subjectivity (Chapter 9) will govern the evolution of wage disparities by openly acknowledging that higher labor remunerations reduce those that are lower, whatever one does about it.
  • Competition, once focused on comparability without calculation (Chapter 11), will more effectively reduce inequalities in return on equity within the same systemic level, bringing selling prices closer to an objective sum of costs, among which is the cost of remunerating placements in capital.

Achieving greater fairness in the final exchange between enterprises and their clients rests upon the establishment of complete wage exchange and complete shareholder exchange. This model consciously moves beyond impediments like self-financing, quasi-capital, and, employers' social security contributions, which inherently limit the fullness of economic exchange. The resulting system offers a profound political benefit: by its very design, it is uniquely suited to granting society full mastery over full employment and the evolution of inequalities in both income and wealth.

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