2.5 True Wealth! Part 1

Introduction

The purpose of this article on True Wealth is to show what True Wealth is.  True wealth is producing yourself to prosperity while bringing all other Producers with you.

True Wealth is achieved by Producers working and laboring in organized production groups.  All the Producers (Owners, Managers, and Workers/Laborers) in the Organization work and labor together in a well coordinated manner.  They all create sub-products of a whole product.  The ideal scene is that each Producer in turn receives all the money that their sub-product is worth. 

Great symbol for production in the past.

Great symbol for the means of production.

 

Each owner should receive only the money measured by the value of the sub-product they have created.  Each manager should receive only the money measured by the value of the sub-product they have created.  Each Worker/Laborer should receive only the money measured by the value of the sub-product they have created.  This is the process of rewarding production and only production.  This is also the process of True Wealth creation.

 Service Providers

Distributing wealth correctly to the individuals who created it is very important.  It is important because Producers in Service Organizations provide services for the individuals in Producing Organizations.  When money is concentrated into the hands of the Owners or Managers a very great number of Producers in that Organization are shorted their production’s worth.  This has a great negative impact on the rest of a society, nation and mankind.  Now these vast numbers of money shorted Producers cannot purchase services from the service provider Producers. The service provider Producers will loose their production enterprises and income.  It can be seen here how recessions and depressions occur. 

Concentrating great amounts of money, value, energy, wealth, capital and power into the hands of a few owners and managers must be reversed.  Reversing this practice so money is distributed correctly into the hands of the Producers who created it will bring about prosperity and a condition of True Wealth.

Service Providers include medical services, dental, optometry, banking, legal, construction, the automobile industry, recreation, food, education, religion, insurance, clothing, aviation, electronics, film and recording, publishing etc.  There are a great many service industries that get harmed any time wealth is taken from the Producers who create it and concentrated it into the hands of a few rich and powerful counter-producers.  On the planet today we find these counter-producers in the ranks of the Capital Destroying Capitalist and the Capital Destroying Communist.

 Wealth Achievers

Concentrating wealth into the hands of a few is not true wealth for anyone.  It is destructive of families, organizations, societies, nations, mankind and environments.  An example of this is the current state of economics on the planet today.  A few Capital Destroying Capitalists and a few Capital Destroying Communists have and control vast, vast amounts of money, value, energy, wealth, capital and power.  The citizens of the world have disagreed with this state of economics.

Displaying production.

Displaying production.

  For a very long time throughout history they have demanded the correct pay for their production.  But there has never before been a Science of Economics that has the technology to back them up.

So far the Capital Destroying Capitalists and Capital Destroying Communists answer to these demands of the citizens is to use more police and military against them.  The funding to provide additional policing and military services is taken from the protesting citizens.  The money used to suppress the protesting citizens has been taken from them and used against their protest efforts.

The correct action is to pay each Producer (Owner, Manager and Worker/Laborer) all the money they have created during the production of their sub-product.  Non-producers and counter-producers, need not apply, they receive no pay at all.  Only Producers receive pay for what they have produced.      

Only Producers in an organization should achieve true wealth based on their levels of production.  Only producing owners, producing managers, and producing laborers/workers should achieve true wealth.  Individuals should not automatically receive wealth by being present.  They should receive wealth based on their levels of production.

I am including a quote from a speech made by President Teddy Roosevelt.  This is to show the awareness of the destructive effects of concentrating wealth into the hands of a few rich and powerful counter-producers.  This awareness of the destructive effects of concentrating wealth into the hands of a few counter-producers has been around for thousands of years.  

“The difference between Mr. Wilson and myself is fundamental. The other day in a speech at Sioux Falls, Mr. Wilson stated his position when he said that the history of government, the history of liberty, was the history of the limitation of governmental power. This is true as an academic statement of history in the past. It is not true as a statement affecting the present. It is true of the history of medieval Europe. It is not true of the history of 20th Century America. In the days when all governmental power existed exclusively in the King or in the baronage, and when the people had no shred of that power in their own hand, then it undoubtedly was true that the history of liberty was the history of the limitation of the governmental power of the outsiders who possessed that power. But today, the people have actually or potentially the entire governmental power. It is theirs to use and to exercise if they choose to use and to exercise it. It offers the only adequate instrument with which they can work for the betterment, for the uplifting, of the masses of our people. The liberty of which Mr. Wilson speaks today means merely the liberty of some great trust magnate to do that which he is not entitled to do. It means merely the liberty of some factory owner to work haggard women over hours for under pay and himself to pocket the proceeds. It means the liberty of the factory owner who crowds his operatives into some crazy deathtrap on a top floor, where if fire starts the slaughter is immense. It means the liberty of the big factory owner who is conscienceless and unscrupulous, to work his men and women under conditions which eat into their lives like an acid. It means the liberty of even less conscientious factory owners to make their money out of the toil, the labor, of little children. Men of this stamp are the men whose liberty would be preserved by Mr. Wilson. Men of this stamp are the men whose liberty would be preserved by the limitation of governmental power. We propose, on the contrary, to extend governmental power in order to secure the liberty of the wage- workers, of the men and women who toil in industry, to save the liberty of the oppressed from the oppressor. Mr. Wilson stands for the liberty of the oppressor to oppress; we stand for the limitation of his liberty thus to oppress those who are weaker than himself.” President Teddy Roosevelt.

Included is a quote from Abraham Lincoln on labor being superior to capital.  I would say labor is superior to money, value, energy, wealth, capital and power.  Labor creates all of these.  Here is Abe Lincoln.

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

Labor creating money, value, energy, wealth, capital and power.

Labor creating money, value, energy, wealth, capital and power.

Abraham Lincoln

In the terms of Producer Rewarded Open Market Economics this statement would read:  Labor is prior to and independent of, capital, money, value, energy, wealth and power.  Capital, money, value, energy, wealth and power are only the fruits of labor, and could never have existed if labor had not first existed.  Labor is the superior of capital, money, value, energy, wealth and power, and deserves much the higher consideration.

The following quote illustrates how long the knowledge of the harmful effects of distributing the wealth into the hands of a few rich and powerful counter-producers has been known.

 This quote is taken from the Bible, Matthew 19:24.  “Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.”

Producer Rewarded Open Market Economic
The Science of  Economics
By: RP Obrigewitsch

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Friday, May 3rd, 2013 Producer Rewarded Economics

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