We, the
people of the
world, declare these facts
to be the
universal truths, only
the truths and
nothing but the
truths that by exploiting
our utter ignorance
on the intricate
operation of economic complex machineries
during the sudden
outburst of Industrial
Revolution, both Adam
Smith (1723-1790) and Karl
Marx against the
‘Economic Justices’ of
retaining ‘one’s capital
under one’s direct
ownership’, misguided us
to surrender our
capital, created exclusively
by us, to
some capitalists in
the name ‘Capitalism’
and to the
‘State’ in the
name of Socialism,
swearing solemnly in
their respective written
Economic Affidavit known
as ‘Wealth of
Nations’(1776) and the
Counter Economic Affidavit
‘Das Capital’ (1867), and
that they the
capitalists and the
dictators of proletariat -
would lead us
towards an Ideal
Society for the
establishment of which
we, the people
of the world,
have been struggling
for thousands of
and thousands of
years since the dawn
of history and civilization.
Due
to our utter
ignorance, we, the
people of the
world, had no
other alternative except
to believe the
‘Economic Affidavit’ of
Adam Smith or
the ‘Counter Economic
Affidavit’ of Karl
Marx without least
proportion of suspicion
and therefore sincerely
and honestly handed
over ‘our capital’
to the capitalists
in some West
European and North
American countries and to the
‘State’ in the
East European and
some Asian countries.
Even now we
are still ignorant
that the capital
which we handed
over comprises inherently
an enormous Economic
Power’ by which we
can uphold not
only all our ‘Economic
rights’ especially our
‘Right to live’,
‘Right to work’
‘Right to participate
in the management’, ’Right to
Economic equality’ ‘Right
to Economic liberty’
and ‘Right Economic
security’ etc. but also
our fundamental ‘Political
rights’ such as
‘Right to speak’,
‘Right to expression’, ‘Right to
assemble’, ‘Right to
worship’, ‘Right to live
with dignity’, ‘Right to
live in peace’,
‘Right to govern
ourselves’ and so on.
But
to our utter
disappointment even ,
neither the capitalists
nor the socialists lead
us towards an
Ideal Society in
their respective own
countries and we
have no hope
that they will
fulfill their promises
in the midst
of complicated socio-economic conditions
and ever threatening
nuclear holocaust.
Considering
all the historical
facts we want
‘People’s Direct Ownership
of Capital’ because
we have been
witnessing severe socio-economic evils
in the form
of acute poverty,
drastic unemployment, ever-widening
economic disparities between
men and men
and between nations
and nations, viciously
soaring price levels
and inflations, vehement
class-struggles and industrial,
ever-pervading corruptions and
fierce economic gambling
in share markets,
economic insecurity, war on a
countries morality waged
by capitalist advertisements to
cheat the consumers,
polluting the pure
atmosphere and destroying
ozone layers in
the pretext of
economic prosperity, inducing
arms-race in the
name of self-defense
and balancing of
military power and
above all the ever
threatening nuclear holocaust
the ultimate end
product of human
conflicts.
The
capital will be
Divine as long
as it will
be in the
possession of the
people who are
the actual creators
and same capital
will be Devil as
soon as it
goes in the
possession of the “State” or
a few “Capitalists”
- the suppressors
of working class.
When we relinquished
our ‘Right to
Capital’ to the
credibility and the
honesty of the
capitalists or the
State we made
agreements in the
name of ‘Constitution’ that
they would establish
for us an
Ideal or Just
or Well-ordered Society
and they accepted
our agreements and
established their ‘Economic
Systems’ in the
name of Capitalism
or Socialism on
the principle of their
different ‘Capital Ownership’.
Since
Industrial Revolution the
capitalists rejuvenating the
form of capitalism
have waged a
vulgar and vindictive
war in the
‘socio-politico-economic fields’ arming
with complicated economic
techniques and they
have now ultimately
presented us a
defective capitalistic modal
of society, full
of contradictions and
complexities, in some
part of the
world and after
October Revolution of
1917 the Socialists
imposed on us
a destructive socialistic
modal of society,
full of violations
and rigid regulations
of human rights
and liberties, in
some parts of
the world and
ultimately both of
them keep millions
and millions of
us in utter ‘poverty
in the midst
of potential plenty’
and now lead
us to the
brink of nuclear
holocaust, the ultimate
end-product conflicts between
men and men
and nations and
nations, though we
have more in
harmony than in
conflict.
We,
the people, cannot
endure such intolerable
deceptions and hollow
promises of capitalism
and socialism for
a long time
to reach our
‘promised land’. So we
proclaim that the
Natural Laws have
endowed us with
‘the Socio-Economic Justices’
to uphold certain
unalienable rights; among
them are the
Right to live,
Right to work,
Right to own
one’s capital, Right
to secure socio-politico-economic equalities
and that of
liberties, Right to live with
fraternity, Right to
acquire equal investment,
Right to participate
in the management
of one’s working
concern, and that
to achieve these
fundamental rights for
the establishment of
an Ideal Society,
the Natural Laws
have further entrusted
us with an
omnipotent power to
solve our problems
by ourselves by
forfeiting our capital
from the possession
of the deceptive
capitalists and the
arrogant Socialists (State)
in peaceful and democratic ways
or in revolutionary
ways if we
are opposed, since
our poverty and
unemployment and nuclear
holocaust could not
wait any more
to annihilate us
till the capitalists
and socialists would
find out solutions
leisurely in the
long stretch of
indefinite future. Capitalism and Socialism can wait but not
poverty.
We,
the people of
the world, 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
use such creations
only for the
welfare of the
society in which
they are inseparable
members’. Since the
‘Capital’ is created
solely by the
people collectively, the
‘Right to own
one’s creations’ enforces
the Natural Laws
to distribute the capital directly
to the people
who have created
it, and as
the capital is
now fallaciously handed
over to a
few ‘capitalists’ or
to the ‘State’
who use them
for their own
benefits against the
people’s ‘Right to
live’ which we
have witnessed during
the two World
Wars and the
nuclear bombardment on
the innocent people
of Hiroshima and
Nagasaki killing millions
of people within
few seconds.
That
to secure the
‘Right to own
one’s due capital’
economic systems are
instituted among the
people. The absolute
fact is that
if the capital
is owned by
a ‘few individuals’
as in Capitalism
or by the
‘State’ as in
Socialism, just an
opportunity given by the people
to possess the
capital by them.
This opportunity is
derived by a
few individuals or
the State is
only transitory from
the consent of
the misguided people
who created the
capital, on two
conditions. The first
condition is that
the capitalists or
the State, should
lead the people
towards an Ideal
and Well - ordered Society
and the second vital
condition is that
if both the
capitalists and the
Socialists are incompetent
after consuming a
reasonable span of
time to fulfill
their obligations We,
the people, have
unequivocal ‘Right to
forfeit our capital’
from the present
illegal possessors by
peaceful ways or
by revolutionary ways
if necessary, and retain it
in our own
possession and control,
and to form
a ‘New Economic
System’ which can
be organized in
such a form
as seems to
be the best
for the safety
and happiness of
the people and
lead the mankind
towards an Ideal
Society.. Thus the
‘People’s Direct Ownership
of Capital’ will
not only be
beyond all the
contradictions but also a perennial
instinct that vibrating
constantly in all
our socio-politico-economic justices.
Why do we demand ‘People’s Direct Ownership of Capital? Why
do we want
to hasten the
people to eliminate
the capital ownership
of a few
capitalists or the
State? The reasons are manifesting
themselves below as historical facts:
1. That
the two-third of
world population is
still living in
utter poverty or
in inadequate nutrition.
Despite the working
class have created
and accumulated huge
volume of capital-potentialities and
sophisticated technologies with
which we can
produce more goods
than the actual
requirements for eradication
poverty. But our
economic systems are
crippling with paradoxical
element of ‘Poverty
in the midst
of plenty’ justifying
the views of
J.M.Keynes.
2. That
young men and
women in billions
have been roaming
in the streets
with great mental
agony and dashing
hopes in their eyes in
search of employment
and demanding their
‘Right to live’
throughout the world;
3. That
the unemployment has
not only created economic
insecurity but also
pushed the youth
into moral degradation
to become easy
victims to violence,
socio-economic-political and
religious and patriotic
terrorisms, drug trafficking
and narcotic addicts
and moreover unemployment
has deprived of
one’s self respect,
dignity and hope
on the future;
4. That gulf
of economic disparity
is ever-widening day
by day between
men and men
and between nations
and nations. The
noble concept of
‘equality’ seems only
to be a
mirage in our
modern economic systems;
5. That
every member of
a society has
‘Right to live’
but it has
been deprived of
us. Though the
‘Right to live’
in the modern
economic systems depends
on one’s ‘Right
to work’ no constitution
in the world
is competent enough
to provide the
‘Right to work’
as a fundamental
right and it
is because of
the fact that
the economic systems
are defective and
inefficient to assure
us such vital
rights;
6. That
the ever soaring
price levels and
their erratic movements
in the markets
not only threaten
the decision-making of
producers but also
crunch the purchasing
power of the
poor terribly. They
have ‘to born
in poverty, to
live in poverty
and to die
in poverty’. There
is no prudent
mechanism in our
economic system to
assure a just
and sustainable price-level
in the market;
7. That the
present economic systems
against the ‘General
will’ of the
people permit the
riches to operate
illegally a parallel
economy propelled by
huge volume of
black money which
empowers them to
exert control over
all of our
socio-economic-political
institutions, prevents ‘equal
opportunity’ to the
poor and induces
envy and greed,
and bias and
prejudices among the
people, and hostility
and hatred in
the minds of
poor on noticing
the luxurious and
bombastic life style
of life of
riches. The economic
systems allow the
riches to establish
themselves an insulated
‘Island of Paradise’
in the midst
of vast ‘Ocean
of poor’, though
the ‘Declaration of
Independence’ of America (1776) for
example proclaims that
“We hold these
truths to be
self-evidence that all
men are created equal …..”.
The Declarations of
Independence of all
the countries have
now turned to be
the symbols of
mockery as they
are exercising defective
and ineffective economic
systems;
8. That the
mal-distribution of income
and wealth by
our economic systems
forfeits our economic
liberty and thereby
justifies the immortal
words of Rousseau
that ‘man if
born free and
everywhere he is in
chains’;
9. That our
economic systems have
no mechanisms to save our
honest workers who
perform their duties
in producing socially-needed goods
from the irrational
behavior of consumers who often
commit blunders in
the markets in
buying goods produced
for them. If
the consumers do not buy
the goods, this
fault of consumers
is shifted on
the workers to
lose their employment
because of lack
of effective demand
created by consumers.
By losing their
employment the workers
cease to sustain
their ‘Right to
live’. Our
economic systems provide
predominant importance to
the production and
distribution of goods
rather than the
creation and sustenance
of level of
employment. As
soon as goods
are unsold the
workers are ceased of their
employment and wage income which is
very source of
their livelihood. In our present
economic systems material
goods are considered to be
superior than the
life of workers. So J.M.Keynes says that in our economic
systems the level of
employment is determined by
the effective demand
for goods by
the consumers.
Lord
Acton says
‘man knows how
to produce and
not how to
distribute’. Our
economic systems do
not develop any
scientific strategy to
distribute goods and
income equally among
the people in
the midst of
plenty and this
ignorance keeps a vast
majority of people
under utter poverty .
The world is
not poor but
the people are
poor because of
defective economic systems. The
people are not
for economic systems
but it is
the economic systems
for the people.
If the economic
systems are not
competent enough we
should over throw
them immediately to
save the mankind.
10.
That our economic
systems are invariably
termed as ‘Evil-provokers and
evil-promoters’. They are
permitting the speculators
to hoard a
huge volume of
money for indulging
in ‘economic gambling’
not only in
stock-markets but also
in foot-ball grounds,
cricket stadiums, tennis
courts, and so on. Money was invented
to function as
a ‘medium of
exchange’ but our
economic systems have
assigned money to
perform yet another
function the ‘medium
of economic gambling’.
Once Pliny told
as soon as
money was discovered
the seeds of
sin were sowed
in the world. The
present economic systems
have converted money
as ‘source of
sins and origin
of vices’. Next to
biblical snake, money by its
store of value is tempting
the people to
indulge in various
vices and sins.
By Prof. Viswanathan (Auhor: democrism-The third Theory Inquires How To solve from Poverty to Nuclear War" ISBN:978-93-81206-07-2))
contact:economist1943@gmail.com
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