The United States Ended Wage Slavery

Wage slaves are people who face the choice of accepting or starving jobs regardless of race, religion, race, gender, sexual orientation or political party. This refers to those who lack resources to take care of themselves and their families. They sell the most efficient time in a day/week/month/life to others without changing a dollar.

How do you know if you are a wage slave? Do you thank God on Friday? Do you like weekends instead of working days? If work stops paying your wages or salaries, will you stop working? You will regret that others bought your things. Are there many parts of your life now? Do you want your necessities to be paid with your monthly dividend income?

If you answer yes to any of these questions, then you are undoubtedly a slave of Lorraine in the 21st century, picking cotton in the 21st century plantations, and only taking you as a means of making money, rather than working for people with all functions.

Most of us are wage earners.

But if you know that you are a wage slave, please do not be insulted. Most of us are economically enslaved by the minority privilege system at the expense of the majority. You are absolutely the rule, no exception. Most people don’t like their jobs and bosses, as long as they can tell the truth. But they feel trapped. They have no choice but to continue working. As long as they want to eat, they have a roof. Great choice!

And in America, many of us congratulate us on our freedom. Many of us are congratulating the government on its political democracy of serving the people, the people and the people. Many people believe that slavery is a thing of the past. If you work hard and abide by the rules, you will win the American elite politics.

But if you work for 8 hours a day or 40 hours a week(or more) under dictatorship and workplace dictatorship, is it really free? If 1% of the population owns and controls most of the wealth and the entire political system, do we really have political democracy? Do you really believe that the United States is still a long way from becoming an elite country? Good luck then!

So, how can we end wage slavery in the United States?

So the question is, how can we end systematic wage slavery in the United States? In view of this, please consider the following facts. On average, the U.S. economy is growing at a rate of $4 trillion per year. This is equivalent to about 12000 dollars per man, woman and child in the United States. But in general, the beneficiaries of these years’ growth are limited to those who are able to purchase stocks, bonds, real estate and technology development.

90% of opportunities are insufficient

More specifically, what we are talking about is that less than 10% of Americans are able to take advantage of relatively predictable growth, and 90% lack the opportunity to participate. Therefore, the gap between the rich and the poor in the 21st century is larger and more toxic than at any time since the stock market crash in 1929 and the subsequent Great Depression.

Worse, this was the case before the current pandemic oriented economic crisis. In response to millions of workers’ loss of income and health care due to the virus, the federal government increased unemployment benefits for several months, and paid the so-called “stimulus check($1200)” to millions of people to stimulate demand and prevent the sinking of national ships.

Unable to pay, but required steps

By taking these unpleasant but necessary measures, the government has greatly increased its huge debt burden, which means that this is not a long-term solution, but a short-term solution. Of course, our hope is to artificially restore demand, which in turn creates jobs, so that people like us can return to their jobs, so that we can return to the state before the Verus attack.

The problem is that people like us are in a bad situation before the virus attacks. Even before the outbreak of the virus, more than half of Americans lived on wages. If they did not borrow money to pay, they would not be able to pay $500 for travel. This is much more serious than in the months before the outbreak. But the place where we stay is still not the place where our citizens want to go back. So, what can we do?

The idea of $4 trillion will not generate debt!

In contrast, the U.S. economy grew by an average of $4 trillion annually. Similarly, this means that all men, women and children in the United States receive $12000 a year. But the beneficiaries of this annual growth are people who can buy stocks, bonds, real estate and new technologies. This usually excludes us.

The question I would like to raise here is how we can ensure that ordinary American citizens systematically approach economic ownership. Does most wealth come from there? How can ordinary people achieve a predictable growth of $4 trillion, so as to generate a second investment income, and eliminate the fear and instability that many Americans experience in today’s unreliable unbalanced economy?

Pay to unite “our citizens”

Consider the following

• If yes, through a local bank

• $12000 fully insured capital credit

• Interest rate 0%

• Repayment of future earnings in pre tax and dividend dollars rather than personal savings

• Distribute annually to all US citizens

• The fund can only be used to purchase new capital assets and shares of transferred capital assets. Is it expected that the asset will pay the cost of purchasing these assets and create enough future profits for its owners to create predictable and stable residual income?

This strategy, known as “capital homestead”, does not cost American taxpayers anything. GEVERNMENT will not generate debt! It does not create consumer debt! The purchase will be supported by real, productive private sector assets(collateral), rather than currency backed by government liabilities.

This will not lead to inflation. All funds will immediately receive all value support(collateral) from private sector assets, and citizens will receive full insurance loans to purchase assets. Citizens will actually buy newly issued, dividend paying and voting stocks, and these companies need new capital assets to grow.

But what the strategy needs to do is to allow all American citizens equal access to ownership of the American economy. Most of our property takes place in the United States. In the long run, the free market economy will democratize, eliminate poverty, stabilize family life, balance the budget, and repay the increasing huge national debt of South Korea.

For example, by the age of 10, each child invests $120000 for himself and pays dividends. At the age of 18, there will be more than 200000 dollars of investment and dividends, which can easily pay for debt free college education.

At this time of political division and conflict, Capital Homesteading pays all Americans to work together at the same time, in the same direction and with the same goal! It transforms pure political speech(for example, we are all together) into realistic, result driven action!

It systematically fights against the concentration of wealth!

As time goes on, all American citizens will accumulate more shares, more surplus income, and benefit from their investment income. Only today’s rich people can make such a profit. Therefore, the demand for federally supported social safety net projects(i.e. social security, medical insurance, medical wages, food vouchers) will gradually disappear. More people will pay taxes. This in turn reduces the burden on those of us who are still paying taxes. With the gradual democratization of the American free market economy, it has systematically offset and hindered the concentration of wealth!

Today’s crisis is not a crisis.

If the Obama administration, the George W. Bush administration or the Clinton administration have implemented the “Capital Home” project, today’s COVOD19/unemployment crisis is not a crisis. People like us can not only bear the cost of staying at home, but also have enough income to weather the moderate storm. Trump has had the same opportunity for more than three years, but he does not care about truly making America great again. What about you, President of the United States?

Detailed drawing of capital homestead

I admit that this review is a general portrait, and more details are urgently needed. Therefore, please visit CESJ for a full and detailed description of how to implement this strategy. ORG, look at what Dr. Norman Kurland called the Capital Housing Law. This is an original idea, which is out of date. This terrible COVID-19 crisis is a very good thing, because it can actually achieve results.

Appendix

Comparison between UBI and the capital homestead

The alimony check is actually a short-term form of national basic income(UBI). This idea has been supported by Andrew Yang, the former presidential candidate and serial founder, Mark Zuckerberg of Facebook, Elon Musk of Tesla, etc. The proposed annual issuance amount($1200 per year) is the same as the capital homestead, but this is the end of the similarity. Check for discrepancies.

1. The insurance capital credit issued by capital homesteaging can only be repaid through the pre tax future income to purchase wealth creating capital assets, so there will be no government debt and joint debt! UBI and stimulus checks create government debt, and people like us will eventually pay back with higher taxes, rather than being good at evading 1% of taxes.

2. Capital Homesteading has systematically created universal capital property rights opportunities and access to wealth capital assets. No UBI.

3. Capital Homesteading systematically provides funds for predictable and sustainable economic growth. No UBI.

4. Capital homestead enables individual citizens to obtain economic power and liberation systematically through capital ownership. No UBI.

5. The homestead system in the capital makes people economically independent from the government. No UBI.

6. The continuous expansion of citizens’ ownership of income generating capital in capital homestead has generated large-scale purchasing power for the system real estate. No UBI.

7. Capital Homesteading systematically created new owners of high-tech and green growth assets, but UBI did not.

8. Capital Homesteading paid for government expenses by systematically creating an increasing tax base, eliminated deficit spending, and finally repaid the current huge government debt without UBI.

9. The UBI/stimulation test is simple and direct, which is their strength.

10. Capital Homesteading needs a period of time(usually several years) to accumulate income, which is why UBI must be started immediately and gradually eliminated as time goes by to support the capital homestead.