"Socio-Capitalism" Is This the new order world wants?

Both Capitalism and Socialism all over the world have failed bringing down poverty level. World economic environment has destabilised by disturbing rise of Unemployment and poverty. Bank failures have created havoc among citizens. Fear of losing saved money in banks, any time banks may declare bankruptcy or Governments may come forward protecting banks by taxing general public. The question is why should citizens suffer for chaos created by banks? Why Governments don’t hold banks responsible and face consequences? Governments lurking under Austerity measures are reaching to extent cutting jobs, waving pensions and social security, health benefits, and so on. Does this mean citizens elect Governments to get persecuted? GDP rise benefited by a few rich and Governments propagate success growth rate becomes medium for future election. Whereas major percentage of population pathetically in bane condition.
Present controlled economic systems of Capitalists and their dummy politicians are just panicking and fuelling unrest among citizens. Does it mean there is fracture in capitalism? Will this soon crumble as world population won’t stay silent watching all these claptrap? World needs new orders in order to have check on capitalists and at the same time people are socially protected.

Socio Capitalism is an economic structure which privileges Communities, Individuals, Capitalists and Governments involve together to achieve Economic Goal. Thus Growth Share reaches entire population. Socio Capitalism is a system where capitalist invests and gets due reward. Its role is to invest but functions by communities and its people to promote the project and shared by all involved, encourages involved having equal interest in the growth. Government’s role does not merely sticking to running public sectors rather priority is protecting society’s interest and social order, obligates thorough watch on financers and society functioning, market economy and have upper hand on both categories. As socialism and capitalism both together attached to economic order, their endeavour is to make project successful. Unlike socialism socio capitalism encourages energetic challenging behaviour among involved citizens, communities, and investors as incentives and disincentives involved. And unlike capitalism the objective is profit with social consciousness.

  1. As each individual is a contributor to the objective, would prefer the success to survive. Share of the result shared with all involved according to their capacity. This objective promotes success economy. System helps sliding poverty level down.
  2. System facilitates population to involve in economic and social sectors to build a powerful stable economy. Reluctance of Capitalist’s investment in agro and rural based industries escaped rural growth causing heavy migration to cities.
  3. Educational Institutions and Societies: Socio Capitalism is a community initiation to explore its resources to benefit people. So educate and train is priority to identify sectors for economic growth. New system encourages introducing new research based education system to identify new resources and sources helping employment generation.
  4. Environment and Society: Communities initiation towards identifying usage of natural and cultural resources to attract tourism and so-on is promotion to environmental importance. Environment- cultural related and small sector opportunities to soar employment opportunities in neighbourhoods.
  5. Health and medical care and societies: Entrance of capitalism in Health and Medical sectors have soared manifold the cost of treatment and medicines reaching beyond ordinary citizens capacity. In Socio Capitalism system each neighbourhood to have health care units with qualified doctors and nurses. Financed by institutions or Government and governed by communities, thus would transform present system to social compatibility.
  6. Layoffs – Job cuts – contract worker and Capitalism: Job cuts is easy privileged systems of capitalism to hire and fire when want. On the other hand under Socio Capitalism each involved is share holder. An eligible person hired is an asset to the company thus on hire, shares offered at subsidised value. That may be as easy payable or bank finance recommended by the company credibility. These shares are only transferrable during way out or retirement. Unlike socialism pattern workers are equally responsible for functioning.
  7. In fact individuals investing in stock exchange are more or less unproductive as earnings not directed to companies rather exchanged between seller and buyer of shares. In socio capitalism people are encouraged to invest in projects rather than speculative stock exchanges. Careful Government regulation assures secured investments.
  8. The objective of the society shifts to humanity and human needs. Social security and social order is priority as all are linked to each other.
  9. Political and administration systems would have different philosophy to match social needs. Money and vote wouldn’t be the criteria rather performance and experience in respective fields would invite candidates to enrol for competition.
  10. Large private sectors too are obliged and have flavour of socio capitalism in regard to employment, production and marketing.

http://www.sadashivan.com/Socio-Capitalism/