introducing a just solution

This blog site is primarily for those coming from ajustsolution.com and institutejustice.com to discuss the economic ideas presented there.

In the early 1980's I developed a model of a different approach to capitalism. I then went to graduate school--Atlanta University--to evaluate it and to have people with Ph.D.'s in economics evaluate it; with their assent my Thesis was published.

A recent insight has generated a rather dramatic change in the possible implications for applying real justice to the economy. I had thought that justice required a barrier between the revenues of businesses and everyone employed in them, to include owners and managers. That is not necessarily the case: anyone employed in any business who was to be paid more than the democratically distributed income (now alternatively referred to as the "allotted income") could be paid (in full) out of the revenue of the firm, while all other employees would receive as pay the allotted income, from the monetary agency. This does not invalidate what is presented at ajustsolution.com, but this approach does require less change in the structure and functioning of the economy that is now in place. Literally, all that would have to change to create an economy with all of the benefits touted at ajustsolution.com would be the way the money supply was created (printed by the monetary agency) and entered the economy (as individuals' incomes).