Dear 1%.html

Okay, 1%; Here's the deal. 

We need your stuff. Not your fancy cars, private jets, mcmansions, butlers or yachts- you can keep all of that-

But your factories, fields, businesses, mines and oil wells? That stuff belongs to the people, and it needs to be returned to it's rightful owners. The world is under new management, and there are going to be some changes.

For one, every business that currently exists must now be owned and operated by the people who work there and live around it. Why should we let absentee shareholders thousands of miles away determine our economic destiny? There will be no more "money" as you know it, and we're committed to putting people before profits- so earth's natural resources will satisfy human needs before human greed.

We aren't going to come after you with pitchforks or expropriate your wealth: You worked hard for it, and deserve full compensation. Paying you in money kinda defeats the purpose though. So instead, we're going to give you shares: For every $10 of net worth, everyone gets a share they can use to vote on public policy in the new government (The Global, Regional and National Assemblies) and receive dividends on any surplus revenue. You can also inherit, give away, sell or trade these government shares just like you would corporate stock. Your economic wealth is not taken from you or destroyed, it is merely transformed into an equal amount of political wealth.

Here's the catch: The dividends you receive are tied to public happiness as measured by a detailed monthly survey. This survey doesn't just ask people whether they're happy or not, it's a bit more complicated than that.

GDP and "Profit" were always flawed measures of success anyway, since increases in them don't necessarily correspond to better standards of living. So you can't just raise taxes to make more money without providing services which make the rest of us better off. This also has the nice side effect of eliminating government abuse, since the pay of government employees is also tied to how happy the people are. Bringing the competitive efficiency of business to governance means that governments around the world will now compete for investment by creating the best public policies.

Just like how capitalism brought us better products at lower prices, The Global Assembly will bring us better public services & governments that waste less money.

Maximize public well-being, maximize profits. Capiche?
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