C.H. DOUGLAS' THREE PROPOSITIONS ON MODIFICATIONS FOR PHILIPPINE SETTINGS:
THE CASH CREDITS OF THE POPULATION OF ANY COUNTRY SHALL AT ANY MOMENT BE COLLECTIVELY EQUAL TO THE COLLECTIVE CASH PRICES FOR CONSUMABLE GOODS FOR SALE IN THAT COUNTRY, AND SUCH CASH CREDITS SHALL BE CANCELED ON THE PURCHASE OF GOODS FOR CONSUMPTION.
THE CREDITS REQUIRED TO FINANCE PRODUCTION SHALL BE SUPPLIED NOT FROM THE SAVINGS, BUT BY NEW CREDITS RELATING TO NEW PRODUCTION, AND SHALL BE RECALLED ONLY IN RATIO OF GENERAL DEPRECIATION TO GENERAL APPRECIATION.
THE DISTRIBUTION OF CASH TO INDIVIDUALS SHALL BE PROGRESSIVELY LESS DEPENDENT UPON EMPLOYMENT. THAT IS TO SAY THAT THE DIVIDEND SHALL PROGRESSIVELY DISPLACE WAGE AND SALARY.
In Practical Applications:
1. The money, per se, Philippine Peso, of the Filipino people must be at any moment equal with the prices of existing goods and basic needs. (Right now, the rate of income is less than the rate of expenses: money is scarce, devalued, in front of the rising prices of basic needs and services).
2. The money required to finance production and development must be coming from the creation of new money debt and interest free. (Right now the money for development or production is coming from debt finance locally, domestically and internationally in cycles and from taxes).
3. There must be money in the form of DIVIDEND, SUPPLEMENTARY BASIC INCOME OR CITIZEN INCOME to be distributed equally without means-test to everyone from the cradle to the grave in addition to employment benefits and other sources of income.
Next Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
1
1
