Cleaning up the capital market

So long as surplus-value-based capitalism continues to prevail over ROI-based capitalism, four actions to clean up the capital market are required:

• 1) Introduce three advertisements and two series of statistical analysis on profitability and enterprise financing.
• 2) Reduce the rate of tax paid by enterprises on their distributed profits until this rate is zero.
• 3) Establish quasi-capital ceilings and then gradually lower them.
• 4) Disaggregate and prevent concentrations that stand in the way of equalizing the profitability of the same ownership.

The social utility and systemic solidity of the capital market require two advances in the general organization of this market. One is to generalize the full distribution of profits, after employee profit-sharing: the full shareholder exchange. The other takes advantage of the lower costs of data capture, processing and dissemination to increase the holding of registered shares by individuals and private non-commercial associations.

The fight against unemployment is based on the valorization of ROI capitalism to the detriment of surplus value capitalism. Both of these forms of capitalism configure the dominant mentalities differently, in terms of entrepreneurship and patrimonial assets, as well as wages and taxes, in particular.

Economic policies

• 6. Implement three advertisements and two sets of statistical analysis on profitability and enterprise financing.
• 7. Progressively reduce the tax rate on enterprise distributed profits until it is eliminated.
• 8. Establish quasi-capital ceilings and then gradually lower them.
• 9.Disaggregating and preventing mergers that impede the equalization of profitability of the same ownership.