Sep 20, 2012

A comparison of normal democracy and citizen-ownership democracy

The proposed citizen-ownership democracy is compared with current democracies.

The new democracy asserts and recognizes citizen ownership of a country's common properties. At the same time, private ownership is allowed and encouraged. By selling or leasing common properties to private entities, a country will be able to raise monies that should be annually distributed to their owners - citizens of the countries.

As shown in the earlier posts, the citizen-ownership income can be very substantial, and can be enough to completely eradicate poverty from the country.

There is already the Alaska model of a partial citizen-ownership democracy. We do NOT need a violent revolution. We need just a political party to champion this idea and legalized it into the country's constitution.

Current Perspectives of Democracies
Revised Perspectives of Democracies
Proposed Citizen-ownership democracy
Voting Right

Private ownership

Citizen-ownership of common properties
No (only in name)
No (only in name)
Yes. Direct annual monetary benefits, in the form of a  citizen-ownership income.

Income from common properties
Not even mentioned. Taxed into State Treasury.
Taxed into State Treasury.
Directly distributed to all citizens equally.
Progressive. Poor pay smaller % compared to rich.
Extremely regressive. Citizen-ownership income is 100% taxed away. Poor people become destitute.
Truly progressive. Citizen-ownership income should not be taxed. Other incomes can have progressive tax.

No. Poverty is eradicated. Citizen-ownership income can be above poverty level.

No comments:

Post a Comment