| Subject: | Re: [socialcredit] Rupert Ederer -- Wally comments | | Date: | Monday, September 12, 2005 00:01:52 (-0600) | | From: | Wallace M. Klinck <wmklinck @....ca>
|
Except that the "just wage" implies remuneration for some service rendered.
Social Credit stands for a "just" income. This would confer not only income
earned by way of services rendered but additional income due and payable
merely by virture of each individual possessing life and citizenship--as a
matter of rightful inheritance justified by recognition that increasingly
wealth comes into existance by the contribution of non-labour factors of
production. The primary remedial mechanisms offered by Social Credit are
the National (Consumer) Dividend and the Compensated Price--which together
comprise what Major Douglas defined as the Just Price. Social Credit breaks
the requirement that income must be obtained directly from paid work and/or
direct ownership in individual productive enterprise (or from tax-based
social welfare or charity). All citizens would have an inalienable
beneficial ownership in the communal capital--not necessarily a direct
ownership in any particular production organization. So-called "Binary
Economics" would appear to be quite incompatible with the Social Credit
concept of income entitlement .
Wally Klinck
----- Original Message -----
From: "William B. Ryan" <w_b_ryan@yahoo.com>
To: <cogexec@cog.kent.edu>; <socialcredit@elistas.com>
Sent: Sunday, September 11, 2005 11:50 AM
Subject: [socialcredit] Rupert Ederer
> "Dr. Rupert J. Ederer received his PhD in Economics
> from St. Louis University. He is professor emeritus of
> economics from State University of New York College at
> Buffalo."
> ------------
>
> From the "Houston Catholic Worker":
> http://www.cjd.org/paper/wages.html
>
> ...Economist Rupert J. Ederer, steeped in Catholic
> Social Teaching, points out the problem in these
> attempts at revisionism in a recent edition of Pro
> Ecclesia. Ederer challenges the Social Justice Review
> and the CESJ group's published idea that "Discussions
> on 'just wage' or 'family wage' must give way to
> access to ownership of wealth producing instruments."
> In response Ederer quotes the encyclicals themselves:
>
> "John Paul II in Laborem Exercens (1981) reaffirmed
> the just wage concept first presented for the context
> of modern society by Leo XIII in 1891. He stated:
> 'Hence, in every case, a just wage is the concrete
> means of verifying the justice of the whole
> socioeconomic system and, in any case, of checking
> that it is functioning justly.' (19)
>
> "That takes nothing away from a wider property
> ownership among workers, since the just wage doctrine
> was elaborated by Pius XI, and subsequently reaffirmed
> by Pius XII, John XXIII, and Paul VI, always involved
> a wage adequate to also enable workers to save and
> acquire property ....
>
> "What is more, given the performance of the stock
> market over the past few years, it seems doubtful that
> the hard-pressed workers would be enthusiastic about
> investing their savings in equity capital. Finally, it
> is too often forgotten that not a few of the
> employee-stock-ownership and profit-sharing plans were
> cover-ups for the failure to pay a basic just wage in
> the first place. Some were, in fact, established to
> discourage the workers from organizing-which Leo XIII
> emphasized, was their basic natural right!
>
> "Now is not the time to be proposing frosting for the
> non-existent cake to help our hard-pressed workers. We
> need to concern ourselves about basic sustenance. It
> is time for those with a genuine interest in Catholic
> social doctrine to stand by their embattled Pope and
> his authentic teaching on this matter of the just
> wage."
> ----------------------
>
> __________________________________________________
> Do You Yahoo!?
> Tired of spam? Yahoo! Mail has the best spam protection around
> http://mail.yahoo.com
> ---------------------------------------------------------------------
> Some introductory materials to the discussion topic of this list are at
> http://www.geocities.com/socredus/compendium
> You're subscribed to this list with the email wmklinck@shaw.ca
> For more information, visit http://www.eListas.com/list/socialcredit
>
>
> --
> No virus found in this incoming message.
> Checked by AVG Anti-Virus.
> Version: 7.0.344 / Virus Database: 267.10.21/96 - Release Date: 9/10/2005
>
>
|
Re: [socialcredit]
Reply to this message