A Big Problem of Maximum-Profit-Per-Individual
∞ ⋈ ∞ ∞ ⋈ ∞ ∞ ⋈ ∞
First published: 6 October 2020
When capitalist reasoning claims maximum profit per individual is problematic for society, it often causes strong and spirited (excited) opposition, partly because the current capitalist system is highly dependent on maximum-profit-per-individual (empipi-i). Apart from the psychological influence, empipi-i has, non-profit organisations get their funding from empipi-i organisations. Empipi-i and non-profit organisations are inherently linked in the current capitalist system.
Current socialist and current capitalist politics are not very different, although the supporters of the two systems are in opposition. The main difference is, in socialism, governments pay grants and in current capitalism non-profit organisations pay charity. Who control the money, from which the grants and charity are paid, is the most important difference, because they also determine how the "profits", it is paid from, are generated. Socialism focuses more on the Labour Theory of Value/Capital, which Marx promoted. Capitalism, because of religious ritual (the Mass/Eucharist), allows for more creativity than at socialism. Most capitalists however also convict in the Labour Theory of Value, whilst disrespecting creative ideas, which originate labour.
There need be an effective argument against empipi-i to show why it is not good for capitalist society. The inequility it causes is regarded a part of life and "nature", and many despots do not entertain arguments against empipi-i. They, for example, claim, people who oppose empipi-i, are jealous of the most wealthy people, which is not always true.
A reason empipi-i is not "good", can be found in the quantity theory of money. According to the quantity theory of money, for example, the USD/ZAR exchange rate is roughly all South African assets valued in United States Dollars (USD), divided by, all the South Africa Rands (ZAR) printed.
A silly result of empipi-i is exorbitant (unnecessary) wealth, which vests at a small percentage of a society. It is possible, because too much money is printed. If a limit is placed on individual wealth, less money can be printed and therefore capitalism will become more sustainable.
Intequinism is capitalist philosophy, promoting minimum prices. Intequinism is a progression on empipi-i capitalism because origins of capital values are found in ideas, formed by capitalists who believe, as opposed to socialists who have conviction in the Labour Theory of Value. The Labour Theory of Value becomes relevant, only after ideas have been formed. Minimum prices/profits do not mean poverty is promoted. It means unnecessarily high prices, as required and forced by a faulty system, of empipi-i and non-profit companies, working together, are excluded.
Africahead applies minimum prices, therefor fees of Ipparts Exchange (IPPAEX) are minimum fees and the minimum of Moyom (MYM), the utility currency of IPPAEX must be printed. The necessity of printing money for development of good ideas, sustaining large populations must be considered though, when considering printing the minimum amount of currency.
An implication of minimum prices is, the return on brand tokens of Africahead, listed on IPPAEX is only in capital appreciation. Dividends are not relevant. That means buying, for example, Africahead Ipparts (AFA), is an investment, only in capitalist values (excluding greed); not in future profits, derived from maximum fees. Capitalist "values" are meant here more in the sense of moral values, good for the whole, than monetary value.