Carlos A. Colón De Armas
Tel. (787) 764-0000, ext. 87107, 87126
Cel. (787) 398-2913
Socialismo Mata al Incentivo!
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Bien dicho! Ademas, yo escribo que el Socialismo mata los incentivos a invertir trabajar, y suppervisar; la productividad! Mi ultimo escrito:
** Incentivize Free Economic System (IFES)-TEAM Roadmap**
There is a movement of some wanting Socialism for our USA. But, we don’t live in a Utopian, perfect World where Socialism could work! YES, we must have Social Justice-Programs; but, we must sustain what we have; keep incentives; individual initiative-innovation; Team work; decentralize planning; small Government; balanced Budgets… etc.; not increase our National Debt or Deficits; consumer prices; high Taxes… that can destroy our Economy-Jobs! But, all People should have: Security; Health Care; Food; Housing, Education, and a Job– as we work hard; minimize “Income Inequality”; protect the vulnerable, through Social Programs that we have in place, costing us about 75% of the US Budget. (See below).
We must keep a FAIR balanced growing private Incentivized Economic System (the Individual or Group who does the work gets the fruits of the work); as we compete on the World Stage!
Some traditional Economic System definitions are:
**Capitalism is an economic system where the means of production are owned by private individual or Group; decentralized planning; fosters individual initiative-work; he/she who does the work, keeps more of the fruit of their work…
**Socialism is an economic system where the means of production, such as money and other forms of capital, are owned by the state or public under a strong Party and President-Dictator; has centralized un-responsive big Government, planning; undermines incentives to work… The Party Oligarchy tends to suppress the People; use “class war” to stay in power; is corruptive… The Individual or Group must share the fruit of the work with others that didn’t do the work…
**Democratic Socialism has all the attributes of Socialism, except, the Government is supposed to be elected in a Representative Democracy System. But, this doesn’t always work out, because the tendency is for the Elected President or Government/Party to grow; centralize planning; …; remain in Power. The Individual or Group must share the fruit of his work with others that didn’t do the work…
**Communism: is a political theory from Karl Marx, advocating a ruling Party-Oligarchy; class war (violence)… leading to a society in which all property is publicly owned; each person works, and is paid according to their abilities, and needs; has very centralized planning; little incentives to work…; power in the hands of corruptive few… The Individual or Group must share the fruit of his work with others that didn’t do the work…
**Monarchy; President-Dictator: One ruling Individual or Oligarchy (small group): can use a mix of the above, but, keep the People oppressed; power in the hands of a few…
“The centralized nature of the socialist/communist state results in the Party being the virtual state. Once in power elections become farcical, a fraudulent exercise which makes people cynical and disenchanted with the system because of lack of products; long lines…. But they no longer can protest, let alone change the system.”( K Gopinath)
Absolute Power corrupts! Plus, there is little incentive to innovate; for those that invest-risk capital; do the work; produce more; manage the Enterprise.
We need to better our Economy-Jobs; have a FAIR System… under our US Republic’s Constitution with Equal Rights in a Representative Democracy System…; not become a failed Socialist State!
Incentivized Free Market Economic System”–Today, we don’t have pure Capitalist or pure Socialism, but, what I call—a hybrid “Incentivized Free Market Economic System” where, generally the means of Production-profits are private (individual or Group) in a tempered and competitive “World Free Market”; decentralized planning with incentives that stimulate risk of individual Capital; work productivity… This system must be kept with checks and balances in all facets of economic-job growth…; fairness for all. So far, based on results that bring wealth-progress, this is the best Economic system in World History!
This Hybrid System is facilitated by a Government, elected by the People– with reasonable regulations (must strive for Fairness-balanced Laws) that will grow the Economy; create private jobs, as we keep Taxes, Debt, Deficits, and consumer prices down; do other things to spur demand…; grow the Economy-Jobs.
Today, in this Incentivized System, the Worker-Team can be provided a Pay-Bonus for work rendered; other benefits (based on productivity-performance). But, the elected Government must listen to the People; create a FAIR-level Playing Field; provide. protection of Workers against Corporate, Group or Individual excessive greed; ensure Social Justice (Work Fare) for the disadvantaged–Security, Food; Healthcare; Housing; Education; have a find a job (employment) system…–within our US Republic with US Constitution and Representative Democracy System…
The Socialists and Others claymore for Social Justice! But, it is a FACT that our US “Social Justice” system amounts to about 75% of the US Federal Budget alone; has many good policies and programs. Add that to the many Social programs each State, Territory, and Local Governments has.
The FACTS are Taxes are high already! There are Federal Taxes (Income-Others), plus, State, Territory, and Local Taxes (Sales; Property; School…etc.)
The Poor pay NO Federal Income TAXES; receive Income Tax Credits; other benefits (like Health Care-MEDICARE, MEDICAID, AHC…, Social Security, Housing Aid, Food Stamps, Education, unemployment, child care, sick leave, vacations, etc.). The Federal Budget Breakdown (2016) shows most goes to “Social Justice” Programs…
The Middle Class pay fewer Taxes than the Rich, but, as a Group contribute more to the Federal, State, and Local Tax revenue, winds-up carrying the heftier Tax Burden… Thus, if you raise Taxes, the Middle Class will get the shaft…!
The Rich are in higher Tax Brackets; proportionally, pay the highest Taxes. Based on the latest federal income tax data reported by the IRS, shows that the top 1 percent of income earners pay 39.5 percent of all federal income taxes, nearly twice the 20.6 percent share of national income they earn. The entire bottom 50 percent of all taxpayers pay 2.7 percent of federal income taxes, which is only a small fraction (about one fourth) of their share of national income.”
Meanwhile, 45 percent of Americans pay no federal income tax at all. However, there are some loop holes that must be closed for all.
Besides, those individuals (includes small investors) that Risk their Capital in Mutual Funds, Bonds, Pension Funds…– must be reasonably compensated for their RISK—that provides Capital to grow Enterprises-Jobs; Big and Small Business… that improve our Economy; make the way to progress!
Socialists want to tax the Rich for Social Programs, but, the Rich cannot pay it all by themselves! You would have to hit the Middle Class with higher Taxes too! Entrepreneurs and business owners should not be penalized for their success that keeps our Economy-job Creation humming…
We don’t need Politicians fanning a” Class War” (for their power gain)– that can grow Government; Central planning..; bring on a higher National Debt (which today stands at 20+ TRILLION DOLLARS). This can bankrupt our USA; stagnate the Economy; cause a depression; loss of Jobs, etc.
Plus, there must be incentives/bonuses for the Workers-Managers-TEAM that do good work as they get payed commensurate to contributions; keep the fruit of their work…, as there are incentives to keep the Economy growing to create good jobs…
YES, we have to minimize Income inequality; motivate Workers-TEAM; address better pay (living wage); yearly bonuses for good performance; other fair benefits…; sustain the incentives for all (Investors/Stock Holders; Management; Workers). But, higher Taxes can destroy incentives to invest; are detrimental to a good Economy-creation of jobs. On the other hand, the Worker can be treated better…
Plus, our seniors (65-70+years) have worked, contributed, and payed enough Taxes, should be exempted from personal income taxation; property taxes…
We must strike a BALANCE on regulations and policies to ensure they don’t hinder growth; keep Taxes and Consumer prices low…; incentivize capital and other investments…; the Economy… as we take care of the most vulnerable; have a “Work-Fare System” that find jobs for those that can work; family safeguards); protected-clean environment… But, let’s not destroy-eat the Hen that lays the golden eggs!
One major way to minimize “income inequality” is for the Federal Government to device or better calibrate a reasonable Profit/Bonus-Performance Sharing System for all (to include: Investors/Stock Holders-fair return on capital risk; Management, and Workers). When there is a substantial profit that is not reinvested to grow the Company, the profit should be divided amongst all. *Example Fair Profit Sharing Plan: Investors: get 70% of Profits (not reinvested); Management: 15%; Workers: 15% + pay+ bonuses based on performance.
REMEMBER, we don’t live in a perfect Utopian World; there is no pure Capitalist System…. Pure Socialism or Communism—all proven to be wrong (like in China, Russia, Cuba, Venezuela, Nicaragua… that are poor; with President-Dictators that run a Police State without full Individual Freedom).
Big Government corrupts! Our Federal Government must listen to the People in a Representative Democracy with EQUAL INDIVIDUAL responsible Freedoms…; must keep in check Corporate and Individual excessive Greed…; not destroy the incentives, innovation or motivation that make us great!
Thus, in SUM, we have a complex hybrid Incentivized Free Economic System (IFES)” that provides proper incentives (based on results) to Investors, Workers, and Management TEAM that we can make better; as we all contribute to Society…PROGRESS; UNITE for the good of all-Family, Community, US, and Humanity!
Socialism is not the proven answer! But, there must be Social Justice as we maintain a balanced Budget; don’t add to our National Debt that is detrimental to our progress. History has shown that big Government-centralized planning doesn’t work! Let’s keep our Incentivized Free Economic System (IFES)with a Government that is responsive, effective, efficient, and accountable; that must serve the People; protect Individual Civil Rights; ensure Social Justice; liberate the free Entrepreneurial Spirit!
Also, the Election System needs to be re-visited; should be based on providing Candidates an equal footing to Campaign; comparing Candidates’ Education, Experience, Record-Results, and Campaign Platform– based on issues-policy solutions, not political distortion, generalizations, speculations, nor Party ignorant fanaticism! Candidates should have the same amount of funds; Media Time… to promote their vision-ideas-solutions to issues; unite not divide efforts… After Elections, Candidates need to take an educational overview Briefing or Training on Administration of the Government System… Elections should not be unduly influenced or bought by the Rich, Party, Candidate or anyone!
Besides, Fairness means that the People; individual Constituents come first over Corporations, Organizations, and Lobbyists which should not have a collective undue influence on Government (National, State or Local) or have more access than individual Constituents… There is one Race—the Human Race- with a cast of light or darker beautiful Skin Pigments (not colors), as we strive to judge on merit, based on fair opportunity, a level positive playing field… (No Task too difficult; no Mission Impossible—Will do!)
The fact is our imperfect, but, noble USA, with strong faith; under the grace of our God, is the best in the annuals of Human History. We have to positively sustain what we have; ensure Fair Taxation and Incentives; as we UNITE-do better for the Good of ALL: Family, Community, State, USA, and Humanity!
(Dennis Freytes: Master Public Administration; Master Human Resources; Bachelor Business Administration; former Executive-Manager-Supervisor; University Professor; US Army Retired; Community Servant Leader– Florida Veterans Hall of Fame…)
“No Task too difficult; no Mission impossible—WILL DO!”
“Judge on Merit based on FAIR opportunity; a LEVEL playing field!”
Best Wishes; for the Good of ALL! V/R,
DENNIS (DENNY) (PH: P: 407-298-1151//M: 321-276-1309//PR: 787-946-5859)
DENNIS O. FREYTES (MPA, MHR, BBA); American Veteran; Community Servant Leader
FLORIDA VETERANS’ HALL OF FAME (by FL Governor, House; Senate)
*Chair Florida Vets4Energy (Independence)– www.vets4energy.com
*American Veterans’ Advocate; Congressional Advisory Boards–West Point Academy
*Equal Rights USA-Boriken Council (Round Table)-Civil Rights
*Ambassador National AIPEH: Hispanic-PR Heritage, Arts, Poets & Writers
**Son of Borinqueneer Celio Freytes-Menendez (WW-II & Korea)–US 65th INF-
Winners Congressional Gold Medal
WE LEAVE NO AMERICAN VETERAN or 1st RESPONDER BEHIND!
“No Task too Difficult; no Mission Impossible–WILL DO!”