Beyond wages: It's time for a true fair share. This section explores the fundamental principles of economic justice, and how to ensure that workers receive the compensation they deserve, moving beyond basic salaries and focusing on an equitable distribution of the profits generated by our collective effort.
Our ongoing exploration of "Fair Share" aims to create a more equitable and sustainable economic system. In previous sections, we detailed the detrimental effects of labor taxes and introduced a system relying entirely on Organic Taxes. Now, we will clarify our three-factor model of production within a for-profit company context: labor, capital, and management, demonstrating how this model interacts with a government acting as "Keeper of the Commons."
We chose a simplified three-factor model—labor, capital, and management—to analyze profit sharing. This framework streamlines the discussion, focusing on the key contributors within a company. While other factors, notably land and natural resources, are undeniably crucial, we incorporate their impact through the mechanism of Organic Taxes and the role of the government.
Traditionally, land and natural resources are considered separate factors of production. In our model, however, we integrate their cost into the "capital" category. We see the government as the true "owner" and manager of these shared resources (the "Commons"). Companies don't own these resources; they lease or use them, paying for access through Organic Taxes.
The government, acting as the "Keeper of the Commons," ensures the sustainable and equitable use of shared resources.
This role is critical for:
Organic Taxes are designed to internalize the environmental and social costs of production. By taxing activities that deplete resources, pollute, or otherwise harm the commons, Organic Taxes:
Our model fosters a dynamic interaction:
This framework fosters fair share by:
By shifting from a system reliant on labor taxes to one that emphasizes Organic Taxes and governmental stewardship of the commons, we can create an economic system that fosters both sustainability and fairness. This three-factor model, coupled with a robust Organic Tax system, offers a new perspective on profit distribution and helps build a more equitable and sustainable future for all. We will further explore the details of equitable profit sharing within this new framework in subsequent sections.