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Building on results
Capitalism has already developed an array of methods and
technologies, many of which constitute the basics of a fully integrated,
socialised system of production and distribution.
Much of what has been developed is currently concentrated
in a few countries and benefits a small percentage of the world's population,
whilst the majority suffer inhuman and degrading conditions. A new democratic
society serving the needs of the majority will ensure that the beneficial
results of capitalist production are made available to all. These include:
- a globally
interconnected communications infrastructure
- scientific
systems of management
- highly-skilled
workforces in many countries
- integrated
methods of supply, production and distribution
- the continuing
scientific and technological revolution
- a global
financial system.
- Act globally
- start locally
As capitalism has subordinated the sovereignty of national
economies with globally inter-connected enterprises and a world financial
system, so our proposals for moving beyond capitalist- driven globalisation
are based on the needs of the whole of the world's population. Our aim
is to extend the gains and advances that capitalism has given the few,
to all people in all countries through the development of a global, socialist
society. This is the only alternative. We put forward the following principles
as a way to act globally by starting locally:
- the social
ownership of land, banking and finance, transport and communications
infrastructure
- ownership
of production facilities of the major corporations through a variety
of forms of co-ownership
- democratic
control and self-management of economic and financial resources, including
public services
- steering
the development of productive capacity towards satisfying need
- ecologically
sustainable production and distribution
- encouraging
and supporting small-scale enterprises, creative workers and farmers
- favouring
local production for local needs
- facilitating
the development of the "conscious market".
Actionable first steps
There are some immediate steps we could take to release
and redeploy resources to meet urgent need in housing, healthcare, education
and transport.
Shareholders' dividends. Capitalist firms distribute £20
billion a year in dividends. With firms collectively owned, these resources
can be used to tackle urgent social questions.
Pension funds. Almost one half of the stock market is actually
owned by pension funds and insurance companies, who have invested the
contributions and premiums of millions of workers. Their value at the
end of 2003 was about £650 billion. Many funds are in a state of
collapse following mis-investment and their misuse by companies. In future,
these funds would be used to develop self-managed and collectively owned
enterprises. The value of existing company pension schemes would be guaranteed
under these new arrangements.
Bank/building society deposits. These funds are mostly used
to speculate on foreign exchange markets and in all sorts of financial
schemes. While guaranteeing their security and value, a not-for-profit
economy could use these funds to advance sustainable production for need.
Government spending. Large parts of present government spending
are either wasteful or are used to prop up capitalist firms. A major part
of the NHS budget, for example, is used to buy drugs from the major pharmaceuticals.
Government spending is also wasted on the private finance initiative and
subsidies to railway companies or on arms budgets. Housing benefit is
used to keep people in poverty when the funds could be used to slash rents
to affordable levels.
Switching to production for need
These first steps will set in motion the reshaping of society.
The priority will switch from production for profit and the accumulation
of capital to an approach based on assessing the usefulness of products
for meeting socially-agreed needs. The new priority will stimulate and
encourage changes in the market. The most advanced techniques will be
adapted to reflect new patterns of consumption and demand.
In the medium-term this could work in the following way:
Planning. Regional plans will reconcile expected needs, balancing the
potential of local, self-managed production against purchase of fairly
traded goods. The coincidence of overproduction and famine will recede
into history. Part of this process will be a rigorous assessment of the
relative social benefits and costs of local production versus acquiring
what is needed through trade.
Production and distribution. There will be full-cost accounting,
taking into account the cost of recycling of resources, increased use
of technology to increase productivity to reduce physical and mental labour,
scientific and public assessment for safety of proposed new products,
location of production and distribution as close as possible to the market,
to minimise ecological impact.
Fair trade. We will not acquire things to the disadvantage
of those we are acquiring them from. This leads to fair trade with other
countries and producers, paying prices for goods that help towards the
equalisation of standards of living throughout the world.
Conditions at work. The objective is to reduce hours and
stress through the use of automation and the elimination of employer/employee
relationships in favour of self-management and control. Wage differentials
will be based on skills rather than market scarcity. There will be an
emphasis on health, safety and job satisfaction as opposed to working
simply to earn a living, whatever the nature of the task. Unattractive
tasks should be shared by all.
Co-producers. An economic approach based on co-operation
will put the needs of the consumer first in terms of safety, life of the
product, ease of upgrade and maintenance. Consumers' representatives will
be involved as co-producers in decisions about production, which will
also involve responding to new needs and wants drawn from how people live
their lives.
Self-management: making it work
At present, the food chain is under the control of agribusinesses,
processing corporations and a handful of supermarkets. The pressures they
exert have contributed to severe ecological damage, the decline of rural
areas, a sharp fall in food safety, the promotion of nutritionally poor
food, low wages and, of course, massive profits for a handful of firms.
Given the social ownership of all these elements of the food chain, a
new approach based on self-management and co-production for need will
revolutionise the way we eat.
All the existing enterprises - supermarkets, distribution
facilities, processing plants, food producers, and farmers will cooperate
in inter-dependent, self-managed networks. Each separate enterprise would
contract with purchase/supply partners. Prices will be determined by the
costs of production, taking into account sustainable methods of agriculture
and processing, and the livelihoods of those involved in production, distribution
and retailing.
Each enterprise will be run by an elected workers' council
with access to a wide range of expert, financial, technical and scientific
advice. The responsibilities of those involved in self-management could
include:
- working
locally with representatives of consumer households, hospitals, schools,
social services and other large users to ensure local needs are identified
and met
- taking
advice from experts in the fields of nutrition, food economics and safety
- identifying
with consumers what new products can be developed and supplied to meet
both local and national needs
- ensuring
that food hygiene, safety and nutritional qualities meet agreed standards
- identifying
what can be produced locally and what needs to be acquired from elsewhere
- formulating
proposals on their own working conditions, hours and salaries
- ensuring
that revenues generated from these activities are accounted for and
that contractual obligations in the supply chain are fulfilled
- producing
a democratically-arrived at plan for food supply in the short, medium
and long-term as proposals to Assemblies
- working
with and being accountable to local, regional and national Assemblies.
Many of these tasks are already carried out in a haphazard
and often uncoordinated way within capitalist society by salaried workers.
The aim here is to set them within a new framework of social responsibility
and accountability. This approach to self-management and democratic planning
could become a model for all branches of industry and services.
The future
As the socialised system matures it will identify, measure,
and satisfy all the basic needs of people throughout the world, according
to criteria agreed through the democratic process. In a system focused
on producing for need rather than on an endless profit escalator, society
will offer the potential for reducing working hours for those now in work,
and, for the hundreds of millions without work, the opportunity to provide
for their families for the first time. Society will move forward decisively
to the time when manual work becomes a smaller and smaller part of life
and when everyone can live in the fullest sense according to their needs.
Your comments on draft economy proposals
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