Value Capitalism - Wertekapitalismus E-Book

Andreas Herteux

• Herausgeber: Books on Demand
• Kategorie: Geisteswissenschaft
• Sprache: Deutsch

Seitenzahl: 103

Veröffentlichungsjahr: 2021

Beschreibung

A brief overview of the basic principles of value capitalism in different languages. Ein kurzer Überblick über die Grundprinzipien des Wertekapitalismus in verschiedenen Sprachen. Un bref aperçu des principes de base du capitalisme de valeur dans différentes langues. Un breve resumen de los principios básicos del capitalismo de valores en diferentes idiomas. Uma breve visão geral dos princípios básicos do capitalismo de valor em diferentes línguas. Una breve panoramica dei principi di base del capitalismo dei valori in diverse lingue. - English - Deutsch - Français - Español - Português - Italiano

Leseprobe

Inhalt

Preface to the 2nd edition

Vorwort zur 2. Auflage

Value Capitalism

Wertekapitalismus

Capitalisme des valeurs

Capitalismo de valores

Valores Capitalismo

Valori Capitalismo

Bibliography

Preface to the 2nd edition

„Herteux's approach is extremely interesting, intelligent, and pragmatic. The basic idea of beating capitalism from within with its own weapons is clever, innovative, and also seems feasible, if it can develop the appropriate backing.

It is, however, a bit of a pity that the short paper only sketches the main features of the idea and it is to be hoped that Andreas Herteux will elaborate on the concept. However, the short paper is more than suitable and recommended as a first basis for discussion.“1

A new idea can always expect criticism. It must even challenge the debate and be comprehensively examined for its suitability. So it shall also happen with the model of value capitalism, perhaps an idea for a better world, which will be presented to the reader in a short version in the following.

Discuss it, pick out the best for yourself to generate something better, discard it all if you don't like it.

Andreas Herteux

1 International Business Times, 26.05.2021: https://www.ibtimes.sg/value-capitalism-new-idea-salvation-world-economy-57695

Vorwort zur 2. Auflage

„Der Ansatz von Herteux ist äußerst interessant, intelligent und pragmatisch. Der Grundgedanke, den Kapitalismus von innen heraus mit seinen eigenen Waffen zu schlagen, ist klug, innovativ und scheint auch realisierbar, wenn er den entsprechenden Biss entwickeln kann.

Es ist allerdings etwas schade, dass das Kurzpapier nur die Grundzüge der Idee skizziert und es ist zu hoffen, dass Andreas Herteux das Konzept weiter ausarbeitet. Als erste Diskussionsgrundlage ist das Kurzpapier jedoch mehr als geeignet und empfehlenswert.“2

Eine neue Idee kann immer auch mit Kritik rechnen. Sie muss die Debatte sogar fordern und umfassend auf ihre Tauglichkeit überprüft werden. So soll es auch beim Modell des Wertekapitalismus, vielleicht eine Idee für eine besser Welt, geschehen, das dem Leser in der Folge in einer kurzen Version vorgestellt werden wird.

Diskutieren Sie darüber, greifen Sie sich selbst das Beste heraus, um etwas Besseres zu generieren, verwerfen Sie alles, wenn es Ihnen nicht gefällt.

Andreas Herteux

2 International Business Times vom 26.05.2021: https://www.ibtimes.sg/value-capitalism-new-idea-salvation-world-economy-57695

Value Capitalism

A pragmatic concept for restructuring the global economy for the benefit of all people

The negative effects of capitalism can be redirected to the benefit of all

This becomes possible through the implementation of values as a production factor

A value capitalism [a value market economy] is emerging.

This can be implemented practically via a value guardian

Introduction

For many years, there have been various considerations about global economic development. This is characterized by a capitalist economic system whose weaknesses3 are often criticized, but which, on the one hand, appears to have no alternative4 because of its firm roots5and, on the other hand, also because of its successes. Nevertheless, many an unattractive plant grows from the seed of capitalism, which also tends to proliferate wildly. Undoubtedly, some states are trying to counteract this, for example by steering classical production capitalism into more manageable paths with the help of appropriate legislation, 6but these means already seem to fail in the case of financial capitalism, which only entered the public consciousness again with the financial crisis7, and there is as yet no recipe for the increasingly strong behavioral capitalism8. Contrary to many claims, capitalism is - still not - perishing, but it is shifting 9and new branches are outgrowing the main trunk,10 taking on an ever greater influence. The possibilities of state or institutional11 intervention therefore seem to have either reached a limit or the adaptation to a dynamic time driven by the changing times 12is simply too slow, because they can act far less actively than the economy.

Some critics may now insist on the abolition of the capitalist system as a solution, despite the general experience with socialist realizations, and yet this is simply an illusion with the existing anchoring, which is presented in cosy and convivial salon rounds, but apparently can never be successfully implemented. On the one hand, for lack of realistic alternatives, on the other hand, because the broad range of interests would never allow such a thing. But this does not mean that pragmatic reforms are not necessary and possible. The 13way to fight the negative developments of capitalism is therefore not to be seen in unrealistic utopias or in the hope of a zero point, but in beating the free market economy with its own means.

Why not redirect the elemental force and power of capitalism, like a raging torrent? Why not transform the destructive flood that takes everything with it into a beneficial water that provides fertile soil? Nothing less is at stake in the idea of value capitalism. An idea that wants to correct, rein in and redirect the free economy for the benefit of all people.

Basic Ideas

Value capitalism is based on the idea that values can occupy such a position in economic life that successful economic activity is made significantly more difficult without them. Or, to put it more simply, values should become an indispensable factor of production. At 14first glance, this may sound like utopia, but the statements will be made more precise in the following pages. It should be noted at the outset that value capitalism could develop in various forms in reality, which must also vary according to the situation. It is a pragmatic, adaptable idea and not an ideological, rigid construct in which only a pure form could theoretically work.

At this point, a distinction must also be made between a basic and an extended definition of value capitalism. The first describes the requirements of a value-based market economy. The second describes the concrete manifestation, i.e. a way how such an economic system can be installed in the current situation with the current and future challenges. However, it remains fundamental for the reader to know that other real implications would also be conceivable.

Basic Definition

Value capitalism [the value market economy] is an economic system in which values become a factor of production.

Values thus complement the economic production factors of labor, land, capital and behavior and represent a basis for successful economic activity. Without this production factor, profit maximization becomes more difficult. It is important to understand that values in this model are not an imposed foreign factor that would not play a role in the "normal" framework of "natural" capitalism, but they become an elementary part of the production process: 15

Values - in the sense of value capitalism - are defined rights, standards and duties in the legal sense.

Objective norms are used, often worked out over decades, which can be formed and extended through constant discourse.

For companies, therefore, standards are coming into focus such as:

Fair remuneration

Operational co-determination

Positive working conditions

Fundamental employee rights

Environmental Awareness

Duties of care for the employee

Transparency obligations

For example, states should be encouraged by value capitalism to adhere to the following values and commitments:

Safeguarding personal rights, such as:

Right to lifeRight to physical integrityProhibition of torture

Guarantee of liberty rights, such as:

Right to freedomRight to propertyRight to safetyGeneral freedom of actionNo state interference in privacyFreedom of expressionFreedom of thought, conscience and religionFreedom of travelFreedom of assemblyFreedom of InformationDemocratic participationData autonomy

Securing judicial rights

Protection of nature and livelihoods

Ensuring a social, economic and societal infrastructure

The list is not exhaustive, and the inclusion of other standards such as environmental protection would also be conceivable.16Each "value" can therefore be clearly defined, tracked and legally formulated as a contractual clause. This is also the basic requirement. Why this is relevant will be shown in the following.

Extended Definition

The extended definition of value capitalism, which includes the basic one and at the same time outlines its functions, is to be carried out as follows:

Value capitalism [the value market economy] is an economic system in which values become a factor of production.It is an evolution and a corrective of the capitalist system and is based on utility maximization through value-based action.It uses market mechanisms.The goal is global peace, freedom and prosperity.He is transforming capitalism by democratizing key industries of the future and then adapting them to the market situation on a marketbased, value-driven basis.It does not exert coercion on market participants, but redirects their desire for profit and utility maximization in such a way that the desired optimum can best be approached when this is value-based and for the benefit of all.

This description may sound abstract at first glance, but it is to be crystallized more clearly in a possible form of implementation, which, however, does not claim absoluteness for itself.

Practical implementation

The introduction of value capitalism is conceivable in various ways. A pragmatic variant adapted to realities will be presented here. It could rein in capitalism and steer it in new directions, but it is only one possibility (corrective function). For this it is on the one hand necessary to 17set up a value fund (value guardian), 18by liberal-democratic-ordered states, on the other hand with this central technological fields, to occupy, i.e. to invest into these19 and to let the consequences of the new market power radiate on all further ranges of the economic life (fire function). But what is the guardian of values?

The value fund (value guardian) is a democraticallylegitimized, politically independent institution owned by the citizens, which on the one hand tries to take a dominant role in the field of key technological industries and on the other hand strives to implement values - in the sense of value capitalism - via contractual constructs.

The value fund is at the same time a regular market participant and is subject to the laws of the market.

The fields to be filled are: 20

Modern information technology

Robotics and CNC machines

Aerospace Systems

Sea technology systems and high-tech ships

Advanced rail transport systems

Energy-saving cars and cars with alternative drive technology

Energy Systems

Agricultural machinery

New materials

Biomedicine and medical devices

The value guardian, capitalized by the free democratic participating states, is now trying to gain strong shares in these markets and is active on the market (market function).21 Accordingly, the fund, which is organized like a stock corporation, with the member states holding the non-tradable shares and the supervisory board being democratically legitimized, makes 22targeted investments in corresponding resources (investment function).23 The resulting technological research and development products24 are offered as licenses (licensing function).25 Values are implemented as a production factor via these contracts (implementation function), because licensing is not possible without acceptance of the corresponding contract clause. Companies or even states will therefore accept the value clauses out of self-interest, because otherwise profit maximization would be endangered.

The value guardian therefore does not impose anything on any state or company, but offers new opportunities for profit maximization. It is therefore an incentive system which, by creating a new factor of production, curbs capitalism to a large extent.

The licensing companies operate normally in the market and are subject to competition, as is the value fund itself. By relying on modern technologies and licenses, they have a competitive advantage over value deniers. However, it tends to be unlikely that such advantages will exist permanently; the companies will continue to behave selfishly, i.e. economically, and will want to bring about maximum benefit for themselves. Now the success factors have changed, because now profit maximization is most easily achieved by adhering to values (e.g. working conditions, wages, co-determination).

Values thus become a factor of production like labor, land, capital and behavior. Therefore, companies will adapt voluntarily. Not for moral reasons, but for calculation. Greed thus creates the good. They do not act out of conviction, but out of self-interest. The forces of the market are thus steered in a positive direction. The invisible hand of education works, without any coercion and without any regimentation.

Nations should be seen in an analogous light, because there is now a real incentive to strive for massive reforms in the direction of a liberal democratic order (democratization function), because otherwise embargoes on certain technology patents are conceivable. 26

With this business, the value guardian in turn collects funds, which it reinvests on the one hand and distributes to the donor countries on the other (financing function). The accumulated profits now serve the general public and open up manifold possibilities for financing the state system. Many elements that previously failed to be financed now become possible. 27