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We must have economic processes that offer incentives and opportunities to every individual and to every type of democratic organization--and that narrows the gap between rich and poor. CED Brochure, 1995 |
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From the CED video entitled "Democracy In Time:"
The top four per cent of wage earners in the U.S. earn more than the entire lower half of the wage earning population, making the gap between rich and poor wider in the United States than in any other modern economy.
If the will of the people were behind it, and if our representatives worked primarily for all of us instead of the special interests, our economic and tax systems could easily be restructured to reduce the gap between rich and poor, and to alter the incentives to waste and to pollute.
Solution? The economy, which is already naturally divided into for private-profit, private-nonprofit, and public sectors could be restructured so that a nearly equal balance exists among the three sectors. If powerful special interests didnąt control legislative decision-making we could easily pass laws that would move us closer to Western European models that have produced the worldąs highest standards of living. In some of their democracies more than a third of the economy consists of business done by consumer and producer cooperatives.
The essential goals are to make our economies sustainable, to significantly reduce the gap between rich and poor, and to democratize corporations and government bureaus.
Democratizing the bureaus of governments and of large corporations, of course, may result in the demise of bureaucracy.
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The Story of Modern Democracy (to be cont.):
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