The enigma of capitalism “an accumulation of debt appears as an accumulation of wealth” The relationship between “the enigma of monopoly-finance capital and the stagnation-financialization trap” is the continuation loop of bail out on debt-backed investment”. The threat to private property ownership comes from capitalism in today’s global economy with the assumption that capitalism as a behavior guarantees private property rights in reality capitalism fails social by a forced action, forcing the debt of the wealthy 1% onto the general population bailouts, subsidies, tax cuts and the removal of automatic economic stabilizers. Private ownership of the means of production to benefit society, only achieved when the stakeholders (wage labor and citizens) are included in the ownership of production in both its forms. But Social capital has priority over Financial capital a balance ownership of property between private and public individuals, industry, and government, each on its own cannot achieve the demands of societies cultural population shifts because we are social beings worldwide. Only when labor agrees to the collective social contracts of a capability set a balance of well-being-for-all be achieved. The property of labor is the value it adds to the means of production without labor capital does not exist, but labor and stakeholder have no need for capitalism and free market, labor and stakeholder only need fair market commerce. The economic system of Democratic Social Welfare State provides stabilization of commerce, unlike the boom to bust economics of monopoly free market business cycles that create crises. Capitalism threat comes from the shifting of accumulation strategies’ that tilts the balance of influence from the individual stakeholder in favor of profit only for the shareholder. Because the shareholder is to far separated from the stakeholder especially when vast information can be transmitted faster than government or individual have the capability to take actions of norms, manors, and morals. Each variable eliminated by the threat capitalism presents to private ownership by debt transfer associated with enigma of capital accumulation, in what is termed free market shareholder as it blocks access for stakeholders to participate.
Posted on: Mon, 01 Dec 2014 15:32:33 +0000
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