“One World, One Government and One Humanity”
“Conquer The World By The Principles of Democrism”
The mankind now needs neither “Capitalism nor Socialism but Democrism-The third theory” for its future survival. Otherwise, it will perish in the World War III/Terrorism or Great Global Depression. This is the last commandment.
“Democrism-The Third Theory Inquires How To Solve From Poverty To Nuclear War”
(Pages:427; Price: Rs.350, free cartage)
The context of the book is now adopted as
The principle of International Justice Party (India, US,UK, EU, OZ etc.)
Enact one law: “One Share To One Person”.
The law will solve all socio-economic problems of mankind. How? Plz. read the book.
The Principles of the Democrism and the International Justice Party
1. ‘Democrism’ means ‘Democratization of Economy’ or ‘Democratic Capitalism’ or ‘Creation of People’s Direct Ownership of Capital’.
2. Each Industry For All And All Industries For Each: When the economy is democratized “Each Worker will own a Share in All The Industries and All The Workers will own a Share in Each Industry”. No worker will be allowed to sell his share and all share market gambles will be eliminated.
3. Classless Society: The above economic concept will eliminate the class distinction between ‘Capitalists and Workers’ and create a ‘Classless Society’ without forcibly acquiring the capital stock of a few capitalists.
4. Dual Monetary System: A new economic technique known as ‘Dual Monetary System’ will be introduced by replacing the hitherto existing complex fiscal and monetary policies. Under the Dual Monetary System, a new money is known as ‘Investment Money ’ will be put into circulation in addition to the present money which will be called as ‘Consumption Money’. When the investment money is put into circulation it will create adequate capital for the generation of new employment opportunities.
5. Interest-Free Investment: Whenever the workers buy goods and services a part of the price in the form of ‘Investment money’ will flow into their ‘Investment Account’ of the workers in ‘Investment Bank’.
6. Creation and acquisition of Capital: This ‘Investment Money’ (of workers) will be utilized for creation of new capital to generate new employment opportunities and for acquisition of accumulated capital stock of Corporate Sectors without harassing them in order to democratize the economy or to establish ‘People’s Direct Ownership of Capital’.
7. Stabilization of Employment: The investment money will function as ‘Equilibrator’ between ‘Producers monetary expenditure and their monetary income’. It will empower the producers to receive their ‘expected income’ even though all the goods produced are not sold in order to stabilize the volume of employment and income of workers.
8. Dual Income: The workers will receive dual income-“Wage for Labor and Dividend for investment”
9. Egalitarian Society: On the distribution of ‘National Dividend’ the poor workers will get higher dividend than the rich workers because the poor bears more ‘investment burden’ than the rich for economic growth. So the economic justice requires a higher marginal rate of dividend to the poor than the rich to uphold the ‘Distributive Justice’ It will reduce the ‘income gap’ between the poor and the rich. This distributive justice will accelerate the economy to create an ‘Egalitarian society’.
10. Workers’ Management: Since each industry is directly owned by all the workers of the country, the management of each industry will be entrusted by the workers of the industry on behalf of the workers of a whole of the country. The worker-managers should assume responsibility to keep accountability and transparency to the workers as a whole.
11. Tax-Free Economy: Similarly the workers will directly contribute some part their of National dividend to the government to meet its expenditure by abolishing all kinds of taxes.
12. Inflation-Free Economy and Just Price: In Democratic Economy since all the Producers (workers) are the Consumers and all the Consumers are Producers, the price level of goods will be determined by the Consumers themselves and it will be Just price and there will be no question of Inflation. It will establish a PROSUMER (PROducer cum conSUMER) SOCIETY in which the distinction between producers and consumers will disappear.
13. Corruption-Free Economy: In Democrism when ‘Investment Money’ comes into circulation, it prevents the buyers not to spend any volume of money that exceeds their ‘declared income’. So that no one will venture to spend the ‘corrupt money’ and it will become just a waste paper. Strategically the Household Sector, the Market Sector and the Investment Sector would be connected by ‘internet’ with a fool proof system. Thereby every transaction of goods and services and the money flow would be vigilantly watched at every second by economic authorities. If any mischief is committed the culprits would be caught.
14. Cherishing Social Morality: Any volume of money that is stolen or even ‘picked up ’ that is found on the street or collected as unauthorized donations by any socio-economic-political organizations could not be spent for buying goods and services under the administration of ‘Investment Money’. It will empower the people to cherish social morality.
15. Preventing the circulation of counterfeit money: The Investment Money will act as the filter or a check post to flow only the ‘consumption money’ into the ‘income and expenditure streams’ of the consumers and producers. It will prevent all counterfeit and illicit amounts of money to flow into circulation. No political action is required to immune or to insulate the legally accepted volume of money to flow into circulation.
16. Elimination of Nuclear Weapons and Terrorism: In Democratic Economy since all industries are directly owned by workers, the workers will not allow their industries to produce any Weapons of Mass Destruction (WMD). It is the only solution to eliminate nuclear weapons and global terrorist activities. Ultimately it will lead us towards “One World, One Government, and One Humanity”.
17. Formation of Economic Government: Since all the industries are directly owned by the workers as a whole, they will possess absolute control over the management of the industries, in short over the whole economic activities of the country. In order to empower the ‘rule of the workers’ an ‘Economic Government’ will be formed through the representative of workers of each industry, both service and goods sector, such as iron and steel, mining, agriculture, railways, communication and information technology, postal service, education and so on.
Each industry will function as ‘economic constituency’ and the workers will elect their representatives, according to pro rate of workers population, to the economic government. These worker-representatives will elect their ‘head of the economic government’. He will be the powerful head of the state and select his council of ministers through proper guidelines.
The present ‘political government’ will function as usual but its power will be reduced in par with the ‘municipal corporation’. Moreover, the administration of political government will be under the control of the economic government.
The doctrine of Democrism can be abridged as follows:
“Work according to Energy; Work Justice
Wage According to Work; Wage Justice
Investment according to Wage; Investment Justice
Dividend according to Investment burden; Distributive Justice
Equality according to Dividend and Egalitarian Justice
Ideal Society according to Equality.” Socio-Economic Justice
Regards
Prof. Viswanathan,
Director, International Socio-Economic Research Bureau,
Chennai, Tamil Nadu, India.
E mail: economist1943@gmail.com;
Mob: 944463501
“Democrism-The Third Theory” (By Prof.Viswanathan)
Volume: IV
Economic Rights and Justices
Declaration of Capital Ownership Justice and Human Rights
We the people, solemnly and sincerely, declare that it is the Universal Justice that only the Creators have the Right to claim absolute ownership on their creations and the Right to utilize such creations only for the benefit and welfare of the society in which they are inseparable members.
And that among the human creations the ‘Capital’ alone is the basic element for the very survival of humanity and genesis for the all human rights and modern civilization.
Since the ‘Capital’ - the very basic factor of one’s “Right to Live” and “Economic Security” - is collectively created by the people, the ‘Right to own one’s creations’ empowers the people to distribute the capital directly and equally among them as per Natural Law.
That by securing the ‘Economic Justice’ of ‘Right to own one’s due capital’ (Democrism), we, the people are legitimately endowed with certain unalienable rights in consequence of owning Capital Right and among them are Right to live, Right to work, Right to Equality, Right to liberty Right to live with fraternity, and Right to participate in the management one’s working concern and that of political government;
And that on achieving these rights the Natural Laws have further entrusted us the requisite authority to recapture our own capital which is now illegitimately and fallaciously in possession of some capitalists or in possession of ‘State’, by peaceful and democratic ways or in case of opposition by revolutionary ways because our oppressing poverty and unemployment and ever threatening nuclear holocaust could not wait patiently until the capitalists, as well as socialists, would find out solution leisurely in the endless time of future.
That on the basis of different composition of ownership of capital different systems of economy are instituted among us. The national capital is created by the people, only by the people and for the people. Since the people were unorganized and lacking intellectual administrative coherence in the production and distribution of goods and services in the complicated confusing economic setup, the people’s capital was allowed to maintain in the hands of a few individuals and thereby a Capitalistic System of Economy was thrust among us and alternatively when the capital was handed over to the ‘State’, Socialistic System of Economy was imposed among us. We, the people handed over the capital either in the possession of a few individuals or the State with unequivocal hope that they would lead us towards an ideal society.
On the contrary if both the systems realize that it is a formidable task for them to establish an ideal society even after consuming a reasonable span of time we naturally possess the supreme ‘Right to forfeit our capital’ from them and to keep it under our absolute control to establish a ‘New Economic System’ and to organize it in such a manner to protect our socio-economic justices and to uphold our economic rights which underlie as basic structure of an ‘ideal society’. By retaining our capital in our possession as per Natural Law we march towards a justifiable economic system in which ‘People’s Direct Ownership of Capital’ is ensured out of all contradictions and it is the system which is vibrating perennially through all socio-economic changes from time immemorial.
--Prof.Viswanathan: “Democrism-The Third Theory” P:79
ISBN:978-93-81206-0702
