Apr 23, 2016

A universal dividend is the fundamental distribution system for socialism

This is a very brief translation of selected parts of this post in Chinese: 吕超:“均股分红”是社会主义的本质分配制度, which was published in April 2016 in China.

The ideas are very similar to that of a citizen ownership democracy. The writer calls it social capitalism.
"The capital is controlled by the people, with 1 share for every citizen. The citizens get their equal share of the profits through the universal dividend. The people will transform from the proletariat (propertyless group) under private capitalism and state capitalism into capital owners under social capitalism."

Translation

Title

A universal dividend is the fundamental distribution system for socialism, by Lv Chao. 4 Apr 2016.

Prologue

A universal dividend (citizen dividend) will unify the social interests of the community. It will enhance national unification, ethnic unity and social stability.

A universal dividend will establish a solid relationship between production and consumption. It is the most fundamental and most effective measure to address the cyclical economic crisis.

Three main distribution system of socialism

1. Distribution according to needs.

2. Equal and universal distribution.
This refers to the security of basic living conditions. Money is from the collective ownership of state-owned capital. This reflects the citizen right to the natural resources, and other accumulated resources of the country. This reflects the equal social status of citizens. This reflects the fundamental rights of citizens within the state.

3. Distribution according to effort / labour.

Three forms of capitalism

1. Private capitalism.

2. State capitalism.

The state has the unquestioned authority to distribute (as it likes).

3. Social capitalism

The capital is controlled by the people, with 1 share for every citizen. The citizens get their equal share of the profits through the universal dividend. The people will transform from the proletariat (propertyless group) under private capitalism and state capitalism into capital owners under social capitalism.

Reasons for a universal dividend

A universal dividend will solve the problem of unfair distribution.

Conclusion

A universal dividend is a revolutionary breakthrough in the theory of distribution systems. It will be embraced by the general public; it is bound to benefit the general public. After the implementation of universal dividend and a distribution system according to work, the socialist road will become better and better.


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