Participative Capitalism - The New Economics For the 21st Century

Part 1 of a five Component Series Introducing the Idea of Participative Capitalism

There is a solution to the existing economic meltdown and I have termed it Participative Capitalism. Capitalism is not dead or even dying. In reality it has not even got going: it really is in its infancy and has basically been hijacked by those captains of industry who are masters of the competitive plane. Wallace D. Wattles predicted this crises way back in 1910 he also predicted the solution in rather broad terms. I have taken up his prediction and filled out this resolution and termed it: Participative Capitalism.

Wattles hints at a remedy in a single sentence and I see it quite considerably the identical way and would like to open up a conversation on the subject but it demands you to have read The Science of Generating Wealth a cost-free download out there on my web site. I think it is also critical that you have read Power versus Force by David R. Hawkins. And in due course it will be valuable to have read two books by Ricardo Semler: Maverick and The 7 Day Weekend - preferably at least the latter.

OPENING TO NEW POSSIBILITIES

But reading these books just when may not be sufficient. You might need to read them via at least 3 or 4 occasions although opening yourself up to that which "you do not know that you do not know". New possibilities do not exist in the realm of what we know they only exist in the realm of "what we do not know that we don't know". But how to get into that realm you may ask? All 4 of these books operate outside of our social conditioning, the particularly force I believe that is involved in the causes of the current economic meltdown. Read these books with an open thoughts and you will take your very first steps into the world of new possibilities.

THE ADVANCING Individual

Participative Capitalism encourages entrepreneurship and individual achievement though also uplifting all those with which it comes into get in touch with. It operates inside and upholds the 25 Laws of Wealth Creation (read: Awakening to Wealth - The 25 Laws of Wealth Generation by Rod Finnie) and underlines the principle of the advancing person by giving enhance of life to all with whom it interacts. Participative Capitalism is a answer for the man in the street and will function for each individual regardless of whether the world is in turmoil or whether it isn't.

THE Finish OF AN ERA

The existing economic crisis is not just an economic downturn it is the finish of a specific economic program based on selfishness and greed. But we have to be quite careful not to link this to Capitalism and say that Capitalism is rotten and that it ought to be replaced. In my opinion this is a shallow view that overlooks a number of necessary distinctions. The following story which was told to me is informative.

An economics professor at a neighborhood college produced a statement that until now he had in no way failed a single student, but now he had failed an entire class. That class had insisted that socialism worked and that below that economic method no 1 would be poor and no 1 would be rich, that socialism was a good equalizer.

A World OF AVERAGES

The professor then said, "OK, let's run an experiment in this class whereby we introduce a socialist method to administration of grades".

The professor said that in future all grades would be averaged and everybody would receive the very same grade so that no one would fail whilst a person else was being rewarded with an A grade.

Soon after the first test, the grades had been averaged and every person got a B. The students who studied hard were upset, but the students who had studied less or even really small had been happy. As the second test rolled about, the students who had performed small study studied even less and the ones who studied challenging decided they wanted a zero cost ride too so they also studied less.

LOWERING EXPECTATIONS

The second test average was a D! Now no one was pleased. There was concern that life was not as superior as they had hoped it would be. When the 3rd test rolled around, the typical was an F. So did the students apply themselves and get down to function? Apparently not!

The scores by no means elevated as bickering, blame and name-calling all resulted in difficult feelings and no 1 would study for the benefit of any person else.

All failed, to their superb surprise, and the professor told them that socialism would also ultimately fail for the reason that when the reward is awesome, the effort to succeed is amazing but when a significant brother takes all the rewards away, no one will try or want to succeed.

LEVELS OF CONSCIOUSNESS

The question is not about the distinction among the poor and the rich and that we will need a program to rescue the poor. The poor are quite capable of rescuing themselves when they get out how to do this. The question is not that Capitalism has failed and that the answer is to be found at the opposite end of the spectrum. The question has to do with human nature and its misuse of force as opposed to power in its want to produce wealth. The trouble as I see it is not with Capitalism or Socialism the issue is with the level of consciousness of human nature. We are preoccupied with winning to the detriment of all other individuals who we engage with. We do not have as our priority the desire to advance all those who we engage with by targeting a win-win scenario as the only probable outcome.

SCIENCE OF Producing WEALTH

The Science of Producing Wealth, originally entitled "The Science of Getting Wealthy", in my opinion is one of the most significant books of our time. Wattles clearly foresees the impending crash of the existing economic technique and predicts the technique that will replace it but points out that the world is not going to the dogs as lots of are claiming, but that the world is in state of becoming. And I agree. We are now in that phase whereby the economic method based on competition has shot itself in the foot and is getting replaced by a creative economic technique that rewards the advancing individual who brings life and wealth to all those stakeholders with which he or she is engaged. But we are only in the quite early stages.

Wattles insists that if you follow his guidelines precisely and follow "the particular way" of undertaking items that you will create wealth for yourself and will assist those about you to do likewise no matter what is happening around you.

Continued in Component two - The World is in a Procedure of New Becoming