I have seen in this many years of existence that poverty is caused by greed, primarily, which branches into many more other problems. Of course, personal complacency and laziness do contribute to the poor being poor, but I believe that a huge part of the poverty problem is caused by a huge gap in income.
Let us take some big companies and people we hear highlighted by this certain business magazine, ranking institutions and persons in terms of their assets. You will commonly here such entities to own billions of dollars each. Only a few hold a vast majority of resources, leaving crumbs to the majority. This is thus the consequence of capitalism.
Capitalism stresses the maximization of profits, reducing cost and competition for market share. This main priorities help cater to the current situation of business owners hoarding majority of the profits, sacrificing pay for employees in their effort to reduce cost. People are thus reduced to mere economic factors- downgraded from their original status of being human. I am happy to hear though of the emerging social capitalists, where a certain part of profit is given back to communities, but in my opinion, what's given back is still not enough and seems to be mostly publicity ploys.
I am also fascinated by the concept of communism, wherein the people share resources equally, and where class is abolished. Unfortunately, communism will only work if robots were assigned to manage communist institutions. People, who head communist organizations, are bound by their human desires at some point. Greed, power, class and fame are among many of the weaknesses of humanity, in general. Therefore, putting humans, with all these natural tendencies, to lead communist structures are bound to fail since they are the very anti-thesis of each other.
However, communism does work, tough in a very low probability. The model of China indicates that communism can succeed, but it must be managed by very strict controls imposed on the higher ups. China also is not a pure communist, since they infused the capitalistic model in their affairs. And I think the merging of these two economic principles, capitalism and communism, in businesses is a good way to greatly lessen the financial gap between the rich and the poor. let me make it clear at this point that I do not support communism being applied in national management. You might get the wrong impression that I am a communist- I am merely appreciating the idealistic objectives of the philosophy.
With these things said, I dream to build a business wherein a huge chunk of profits (and I mean HUGE, like 30%) to be shared among the low income employees- from the maintenance and staff personnel up to the junior supervisors. In this way, a lot of opportunities would open up to the poor, allowing them the option to better educate their children and providing more money to be pumped into the circulation, further improving the economy. Surely, business profits and stockholder income will be reduced, but the general welfare of the many will be valued through this model- bringing back the humanity that humans deserve.
I may be contradicted by the modern capitalists and the traditional economists, but I stand firm with this perspective of the neo-business model I envision... and I will apply it when the time comes when I am called to the batter's plate. Until I ear a more convincing argument against what I envision, I am going to stick by this model. I may probably be too naive or idealistic about this view, but hey, I'm sure Galileo, Marx, Smith, King, Luther, Gandhi and many more visionaries were faced with skepticism when they presented a radical idea to the world.
Help me bring this business model to reality by donating any amount (the more, the better of course) via paypal. In case you can't spare me some of your blessings, you may also shop through my amazon shopping webpage or spread the blog to your kind-hearted friends who might be able to spare me some change.
I am personally appealing for your financial support. many thanks in advance.
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