Monetary Justice

Social Justice

Economic Justice

Environmental Justice

Peace Justice

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Global Justice
compared to
Capitalism and Socialism

Capitalism

Socialism
Global Justice
Vote accessible to all; but many do not vote. Economic power is narrowly concentrated in wealthy elite. No secure income. Political and economic power are narrowly concentrated in governing elite.
Secure income at whim of state
Vote and economic power are accessible to all.
All have secure incomes
Capital ownership concentrated in wealthy elite.
Money supply controlled for elite purposes.
Interest added to money.
Alleged ‘free market’ is unfree.
Capital ownership concentrated in a collective controlled by bureaucratic elite.
Money supply controlled for elite purposes.
No market at all.
Capital ownership spread to all individuals in the population.
Money supply used for benefit of all. Interest-free money.
True free market works fairly for all.
Capital incomes are beyond consumption capacity of wealthy elite. Range of labor incomes Adequate and secure incomes from capital only for governing elite. Low labor incomes. Adequate and secure capital incomes accessible to all people.
Range of labour incomes
Individualistic, atomistic system which ignores or trivializes common good Collectivist system denies economic freedom and independence of individual System based embodies principles of Justice
Institutionalizes greed.
Corruption.
Institutionalizes envy.
Corruption.
Institutionalizes Justice.
Decency.
Materialistic ideology and system which ignores the growing income insecurity of non-owning workers facing displacement by technology or lower-paid workers Materialistic ideology and system based on all citizens being absolutely dependent on the state for their income security and well-being. Technological advance is hampered. Moral philosophy and system fosters the inalienable right of every person to be a worker and an owner within a Just society Technological advance is encouraged.
A labor-centric, laissez-faire view ultimately claims that only one factor – labor –produces wealth and creates economic value A labour-centric Marxist and Keynesian view claims that only one factor – labour – produces wealth and creates economic value Productiveness establishes that two interdependent and distinct factors: –
• people/labour and
• "things"/capital
co-operate to produce wealth and create economic value
Win-lose, zero-sum scarcity. Rich win, poor lose. Lose-lose, zero-sum scarcity. All lose. Win-win, synergistic bounty. New systems and technology do more with less All win.
Wrongly believes that justice and efficiency are incompatible and so sacrifices justice. Result is inefficiency and injustice. Sacrifices efficiency for alleged "justice". Inefficient in all respects and, in practice, unjust. True justice and efficiency go hand-in-hand.
Efficient, fair and just.
Wage system – jobs for the many, capital ownership for the few.
No secure income
Wage system – jobs for all, capital ownership for none.
Secure income at whim of state
Ownership and wage system –capital ownership for all as well as jobs for all if wanted.
Secure incomes for all.
Alleged equality of opportunity to work. Inequality of opportunity to own productive capital Forced duty to work.
No opportunity to own productive capital.
True equality of opportunity to work, if wished.
True equality of opportunity to own productive capital
Protects private property rights of elite.
Monopolizes access to future ownership opportunities
Truncates or eliminates rights of private property. Puts control of means of production in hands of political elite Gives universal right to private property.
Protects rights of property (to the extent that others are not harmed by those rights)
“Hands-off" role of the state regarding monopolization of ownership and control. State ends up redistributing wealth and incomes Economic power is totally centralized in, or regulated by, the state.
State redistributes incomes
Economic power of the state is limited (e.g., preventing abuses and monopolies, and dismantling barriers to universal participation in capital ownership)
Prices and wages protected from global competition; promotes mercantilism Prices and wages controlled by government Prices, wages and profits set by free and open markets with profits spread among many owners
Capital credit available to few people.
Consumer credit available to most
All credit controlled by state Everybody has access to capital credit. Consumer credit much less necessary.
Past savings used to finance future ownership by few. Past savings used to finance future ownership by state. Pure credit, future savings and capital credit insurance used to finance growth-linked ownership opportunities for all.
Technology controlled by a private sector elite, subject to government oversight. Technology controlled by a non-accountable governing elite. Technology owned and controlled by private sector entities that are accountable to many shareholders and stakeholders.
Humiliating social safety net for poor. Trickle-down incomes and social entitlements provided through government transfers of income, institutional charity and personal charity.
No secure income
Social safety net for poor. Trickle-down incomes and social entitlements provided through state monopolies, forced redistribution of wealth and income by government
Social safety net for poor generally not necessary because:–
• Justice connects poor individuals and families to growth dividends, and
• Secure incomes for all
Usually indifferent to environmental degradation. The economically powerless become victims of developmental and environmental hazards. The well-being of future generations is sacrificed for short-term profits Generally indifferent to environmental degradation.
The economically powerless become victims of developmental and environmental hazards. Economic inefficiencies lead to inability to finance the most advanced and environmentally sustainable technology
Health of environment at centre of Justice. Sustainable growth and development essential. Polluters to pay. Interest-free money for advancing green technologies. Plans for future generations
Purpose of education is to train people for jobs Purpose of education is to train people for jobs Purposes of education include training for jobs but main purpose is to teach people how to become life-long learners and virtuous human beings, with the capacity to adapt to change, to become masters of technology and builders of civilization through their "leisure work", and to pursue the highest spiritual values.

Monetary Justice

Social Justice
Economic Justice
Environmental Justice
Peace Justice

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Global Justice – the true, fair, democratic and efficient solution to poverty. Global Justice means Inclusive Justice!