The Capital is Mine

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By Sylvia Gerssen

Capitalism - Living Income Guaranteed

 

We’re all trying to find ways to let the “Capital be Mine”, or better said, to let Capitalism work for us. Over the years we’ve been able to witness how that played out in all parts of our daily life. Proponents of Capitalism, as we know it today, say that greed has been used to place Capitalism within a pejorative context. When we look at the definition of Capitalism in the Merriam-Webster dictionary it’s written that Capitalism is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market. Wikipedia adds the factor of profit as a characteristic of Capitalism when they say that this system in which trades, industries and the means of production are largely or entirely privately owned and operated for profit. That makes Capitalism into a deadly and doomed cocktail of competition and profit where the fittest will survive and the majority is submitted to wage labor and slaves of the components that are in power within society.

The 21th century is marked by Capitalism, which could work in theory and on paper, though we’re still slaves of masters as if we were still in times of Feudalism. Back in the Middle Ages between the 9th and 15th century we had Feudalism as our economic system, which was a way of structuring society around relationships, derived from the holding of land in exchange for service or labor. We we’re not free citizens that were able to do exactly that what we wanted. When Capitalism emerged from Feudalism it looked like we had more freedom. We were all able to invest money in order to make a profit and become rich, which then resulted into wanting to make money through profit as an end in itself.

Capitalism which is an economic system has now almost turned into a religion, we believe strongly that one day the Capital will be ours on the back of another, if we follow the rules or rites of Capitalism. Free market processes will emerge where anything can be sold from a pair of panties to the air that we breathe and the water that we drink to stay alive. When we add the survival of the fittest to it we know we’ll be heading on the road to greed. Greed, that according to the Merriam-Webster dictionary means an intense desire for wealth or possessions. They add to not let greed for riches control you and that’s exactly what we’re controlled by, through denial or acceptance. Greed exists in all of us to a greater or lesser extent. Some of us can control it, others are out of control without any form of regret. We’re a product of our own Capitalistic product and we see it as normal, the norm to live by. We see money as our God to turn to and to comfort us. When we’re deprived of money we feel as if God is punishing us, we’re not worthy. So we need to become greedy, monsters without regret to become the fittest to survive.

This Capitalistic religion was carried out through the world by means of Globalization though Imperialism in the 19th century. Capitalism was spreading like an oil stain in the ocean and still a product that third world countries would like to have or invite to their country, without looking at the Trojan horse effect that Capitalism in fact has. When inviting Capitalism, the countries religion will be changed and it’s money will be worshipped from now on. It’s almost like a STD, first you indulge and enjoy before you can even grasp the consequences.

When we look at how we’ve given away our directive principle when it comes to money, and how most of us have become the 99% , we can see that institutes like banks are the pubic louses in our crotch that we allow to feast while thinking that we were the ones that had a great party. Capitalism by the means of Globalization has brought us a banking system that infected the entire Capitalistic system where we think that eternal growth is the norm and greed is a virtue. Our banking system consist of people, people who know that they can make fortunes once they are in and at the same time know they can be out on the streets any time the system wants to eject them for not being the best money maker for the bank. This way of thinking as a reward system stimulates and enlarges the mechanism of the survival of the fittest where it is a breeding place for greed without regret. The bankers that took the world to the 2008 crisis are still not having regret and are looking back at a great time and many opportunities. And why do they not have any regret? Because we allow them to be greedy and take, we rewarded them with bail outs and sent them the message that they can get away with their behavior while we stay put, which isn’t a surprise when we know the same greed is within all of us. So in a way we look with jealousy in our eyes how the bankers can get away with it while not directly getting why we allow it and have not yet come with solid solutions to turn the tide.

We can even see that the political arena has become a springboard for politicians to end up in the banking sector earning triple the salary they had and handing over their influential service record to the banks. Corporations use the same trick to get influential people inside their organizations to guarantee immunity and build a facade of trust with these public figures that are trusted by the greater public. We can conclude that our global banking system is the tumor within Capitalism. In order to get a form of Capitalism that is great on paper and great in real life we do not only have to get rid of the tumor, but also see that the cause of the cancer is our greediness and thus clear that point.

Clearing this point of greediness includes that we as humanity have to become responsible citizens again. We have to take responsibility for ourselves as well as for ourselves as a group. We can’t depend on the few that are profiting from our Capitalistic system; we need to build a system where all can have a foundation even if we’re not the fittest. At the same time it would be irrational to say that Capitalism isn’t working when certain parts of Capitalism are sucking the blood out of the system. We can come up with economical systems that would work so much better, but absolutely not ready to implement within our current society. In times like this we do not need fantasies of what could be, there is no time to reminisce about things. We’re living within a time that is screaming for direction and cooperation. We need to be willing to not only go for our own greed, but also go for the greater good.

What if we, for the time being, keep Capitalism and “inject life into capitalism” as Marlen Vargas Del Razo said in a life Google hangout. We could rebuild our society with the use of cooperatives where its members, we the people, own the ‘company’, make revenue which strengthens the cooperatives and goes straight to its members. So after expenses each member gets a part of the money the ‘company’ makes, which would be called profit within Capitalism and surplus within a cooperative. Capitalism is close related to the cooperative’s way of making money and that makes it easy to start thinking about Cooperative Capitalism. Where we can bring communal sense back into society, learn from each other, support each other, volunteer and make money. Making a cooperative web of support avoiding the need for greediness. Cooperation on all levels of society to make ourselves ready for the next step and smoothly shift into another economic system like for instance a Living Income Guaranteed.

Capital is mine can then evolve in Capital is mine and yours, because no one should be without any form of support. It’s very simple, what if you become me one day or I become you and end up less fortunate? Do we want to be forgotten, do we want to be looked at with disgust and eyes full of hatred, because we might have inflicted our misfortune upon ourselves. Every being needs a hand that reaches out to them no matter how or why they got themselves in the situation they’re in. We can take our authority in our own hands again, we can cooperate because we are inherently social beings living in groups, why not use such a trait and make a ‘profit’ out of it for the betterment of all? The world only needs a yes from you and things could change in ways you can’t believe right now. Blinded by survival we’ve lost touch with ourselves and our surroundings while the Capital, real life, has always been waiting for us. We can take the Capital; we may take it and in return give it equally to others. The Capital is ours!

 

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