Please accept this post in part as an attempt of inspiring myself, while also being a prompt from me to you, reader. We can each succeed in bringing new ideas to light and bringing them to life. That can't happen if we fervently say them out loud only to the mirror! We need to work through the details, say the words to listening ears and risk having them be cut apart by criticism, and maybe even parceled out (even stolen) for others to take only what are the truly valuable nuggets of our thoughts.
I have always told myself (and those around me) that we don't know what we think until we say it out loud. We really must do the work of expressing those fragments of thought and seeing how they are joined together by logic or by intuition or by emotion or by what ever other human expression.
I've been searching for a publishing company, yet have not finished any of my eleven chapters. I have outlined the entire book, but have yet to work out all those details. I wish I could find an illustrator, or really a graphic artist who would put comic book character and explanations to my ideas on income inequality. What good would it do to find a graphic artist when I don't have the text from which to draw the characters?? I need to do the hard work.
Re-writing the sections of each chapter could even be a useful exercise, I have told myself. Giving myself permission to express the ideas in a different way, coming at them from different angles could be liberating, invigorating. I have even been told that the best writers through away some 90 percent of what they write, are hyper critical of their own writing. I have not been that disciplined nor deliberate in letting go of something I have created. I too often think each is too precious. I hang onto the writing for too many wrong reasons, sentimental and self-aggrandizing reasons. By re-writing, I may find very good reason to pitch out one day's writing in favor of another day's advances. Let me get to it!
1. Profit motives are THE organizing principle for growing each of our households, enterprises/businesses and national economies if we are striving for and can measure greater value creation and continuous self-improvement each year.
2. Under the three options for modern economic life (owner, or employee, or dependent), great majorities of people must become dependent on keeping a job, being employees in this monetary-based world.
3. THE POWER of the market-based economy is found in the coincidental benefits possible for both buyer and seller, and in the mutual benefits for both employer and employee. The 2016 Nobel Prize in Economics celebrates the contracts between buyers and sellers, and the contracts between employers and employees.
4. While owners/employers take on the greater financial risks and other risks, they relieve the employees of some risks. Profits are among the benefits for employers, profits which can be traced back to taking economic advantage over the employees. The employees transform inputs into valuable and marketable goods and services. The employees must create more value than the value of their paychecks combined with the costs of the other inputs. That is a truism about profits. If there are no profits and no money to reinvest in the business, then the business must go bankrupt. Employers must take economic advantage over employees for the business to survive.
Now for two fronts of restraint on unlimited profits and unlimited income for employers/owners:
5. Individual rights and dignity of employees are not to be ignored because of profit opportunities (similar to court measures to prioritize minority rights before majority rule). Options other than ever-expanding profits are available to employers: expanded markets and expanded product lines, more training for employees, greater safety protocols, higher pay rates, etc.
6. Social norms and values restrain monetary profit opportunities within social systems created by culture, history and the consensus of communities.
7. Owners, corporations and the ultra-rich too often take unnecessary risks with employees, non-participants, and public resources. High monetary incentives and the associated social status with wealth become the focal objectives of business owners and the ultra-rich. Risks placed on others have been and continue to be ignored while seeking these high monetary incentives.
8. We live in a REGULATED-MARKET ECONOMY, and ours has never been a free market economy. Human values, morals, and culture have always regulated business agreements.
9. Society can regulate greed and regulate the associated risk-taking, especially once society members agree The Market does fail in regulating itself.
10. Human rights are unalienable rights. Our laws endow political organizations, corporations, labour unions, government bodies and other legal inventions with some abilities. Extending human rights to those legal inventions alienates those rights from the citizens.
11. Excessive income gaps create a second class of citizens.
Someone recently confronted me with the notion that writers work alone. During hours of writing sessions, work days are lonely. So I need to quit complaining about my solitude and get the work done, get the writing rolled out!