Saturday, January 14, 2012

Economic Constitutionalism

Constitutions have been a successful force to limit prospects of Tyranny, as the very existence of blogs that question the current state have shown. (Thank goodness for the people who ratified the Bill of Rights.)

However, government constitutions are powerless to stop corporations from preventing free speech and other rights from within their ranks. (At the threat of losing the offender's job.)

We should have an economic constitution that regulates businesses from undemocratic excesses of power within and monopolistic excesses too. The constitution would enforce a direct democratic (cooperative) structure for all businesses, and several fundamental rights like freedom of speech and such. At the same time, the economic constitution would function like a set of anti-monopoly regulations to make sure that the free market stays free.

Constitutions have a great history of limiting government power to coerce individuals, so constitutions in the economy can limit businesses from turning into the 40-hour dictatorships that plague our current society.

2 comments:

  1. At last, someone who thinks away from the mere conservative "make money" point of view, but one who actually wants to give the workers simple humane rights, which could easily have been surpressed before.

    I agree that the economical constitutions is the way forward to a better and more humane working condition. Now, just get it through Parliament ;P

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