The Idea of Communal Profit

“PRESENT economic organization is intrinsically unjust for the same reason that it is ineffective and inefficient: the population never derives enough income from the production of the desired goods and services so as to be able to purchase that production in its entirety. The return for effort is much less that what it should be because the capacity to produce is not automatically balanced by the financial capacity to consume. There is, instead, a failure to freely distribute the communal profit, i.e., that proportion of production that cannot be purchased by the insufficient volume of consumer incomes. The population is being continually defrauded; more specifically, each individual is denied free access to the communal profit upon which each of us have a natural claim. Under the existing economic system, individuals can only share in the collective profit (made possible by the unearned increment of association and the application of the cultural heritage in the use of power driven machinery) by going further into debt, and/or working harder on the production of more goods and services, and/or by exporting more than they import, and/or by going to war, etc. In truth, individuals should not have to engage in any of these activities in order to consume the desired goods and services which have already been produced because, as the rightful beneficial owners of the real capital, they already have a right to the surplus in strict justice.”

— Oliver Heydorn, Ph.D., Social Credit Economics

 

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