The author of Cast Away offers a thought provocative remedy to global socio-economic inequality; the rise of Ethosism.
[bluebox]Globalization and free trade do spur economic growth and they lead to lower prices on many goods. ~Robert Reich.[/bluebox]
For centuries, there has been a big push for glamourizing globalization and free trade that stresses Capitalism’s virtues; the efficiency with which prices carry information between buyers and producers and allocate resources.
For quite some time now, I started to pretend to pay more attention to my diet. I became aware that my relationship with sugar was way off the charts. I was naïve to assume that the abundance and relatively low price of sugar was due to production efficiency infused by technological changes. Little did I know, through campaign contributions, Cuban brothers Alfonso and Jose Fanjul have gotten US congressmen on their short leash. I was dismayed to learn that sugar subsidies inflate The United States’ price of sugar, costing buyers billions in increased food prices annually.
What about people who live on the other side of the rainbow?
Those are people where their goverments want to increase minimum wage, and psychoanalysts in the west caution and advise not to do that with the excuse that it would make their countries less attractive to financial molesters and less competitive in the Formula 1 cheaper labor Grand Prix track.
I would have advised these countries to forget raising the minimum wage for another reason; it is not a solution for socio-politico-economic injustice or simply put for lighthearted souls, inequality.
What is Ethosism?
In the dissection of the new form of transforming, selling, and buying products and services, Ethosism enterprises should be led by revenue, profit, and wage, which is distinct from Capitalism’s industry components, restricted to production and service.
The New World Frame
Revenue led enterprises consist of making an object, in its most simplistic form; these are activities that lead to an output. And this is whether the output is a chair or a computer software. A surplus, revenue, is derived from a just price or cost of extracting and/or modifying of one or more materials with the active engagement of laborers with either passive or active engagement of landowners to bring either passive or active conceptor’s ideas to life.
Profit led enterprises orbit around production’s output and are divided into sales, the selling of an object or service, maintenance or delivery of an object or service. A surplus, profit, is derived from a fluctuant market price (bouncing from the just price up to the natural price) of auctioning off one or more outputs without altering the substance with the active participation of laborers and with either passive or active participation of landowners to bring either passive or active participation of moneyers and either passive or active participation of landowners to bring either passive or active conductors’ ideas to life.
The last nugget of Ethosism is that wage or non-profit based enterprises are public services and charities. These enterprises generate a surplus, contributions (e.g.: taxes) or donations (e.g.: charity), directly from the active involvement of laborers and passive or active participation of curators to bring one or more either passive or active societies’ initiatives to life.