THE NEED FOR EXPERTISE FROM THOSE AT THE APEX OF THE FINANCIAL-INDUSTRIAL SYSTEM
The current situation Parliamentary groups throughout the industrialised world, of both left and right and the so-called centre ground, have failed to up-date their thinking or ideologies to meet contemporary reality, and this explains their membership collapse; widespread political apathy; and the failure of democratic mechanisms to resolve substantive issues.
This has led not merely to the breakdown of trust in the beneficent outcome of the democratic left/right struggle, but to the actual breakdown of the process in advancing the good of society. This is simply because the world is faced by issues of such immensity that they cannot now be resolved through the methods and thinking of the past.
In the advanced industrialised economies, in both East and West, society and the world of work have been transformed out of all recognition over the past 60 years. Consumerism, ownership patterns, new modes of responsibility, and the need for higher levels of education, have created a particular kind of egalitarianism within a multi-class majority which defies the relevance of old-style political conflict.
Therefore, new alignments must be drawn in reinstating the mechanism of effective or genuine democracy, and it may be found that the future will be marked by a battle against specific social ills, or economic and environmental threats, rather than a battle between groups with conflicting economic interests.
Social progress and attitudes are moved along by their own internal logic, and today there have emerged a series of values which are accepted across the political spectrum by mainstream parliamentary groups, and these in main are equality of opportunity; justice defined as fairness; the need for open government; a policy of no discrimination against identifiable minorities; and the abolition of privilege where this is seen to restrict ability or fair selection.
Emergence of Social Capitalism The eventual outcome of this internal logic is not merely the self-determination of the individual, but the need for extending personal property rights in many spheres of life, and the development of a social consciousness whereby the employee may no longer be denied the right to both the shared ownership and management of his employing concern.
The call for the ownership of the means of production, distribution and exchange by those at the base of society amounts to nothing less than a call to “socialism”, but in the real world, the same call of Social Capitalism entails a very different set of principles.
Such change of ownership patterns will not be called into being merely through an appeal to abstract rights, but primarily through the demands of modern technology, rising skill levels, and emerging structures of industry in meeting the needs of efficiency and competition.
Good employers with successful plants will demand such changes in strengthening employee commitment; securing additional share capital; increasing market share; and promoting the Responsible Society.
Such a scenario would be linked to dirigiste policies (as in West Germany, Japan, and elsewhere in the post-War period) in underwriting the success of industry and the employment and financial security of personnel.
The necessity for Social Capitalism stems not so much from the demand for individual rights as from the need for intervention in a highly complex world, and the failure of relying on market forces to counter the threat of economic and environmental catastrophe.
SOCIAL CAPITALISM & THE POLITICAL ESTABLISHMENT
The “As is” situation and the need for Realpolitik must be appreciated, and this means that the politically committed should maintain their nominal party loyalties, whilst at the same time adopting and fighting for Social Capitalist principles and policies within their various movements.
The appeal of Social Capitalism to those on the left may be seen in the advocacy of genuine “socialist principles”, albeit within an ideological framework very different from those as originally envisaged.
The appeal of Social Capitalism to those on the right may be seen in the advocacy of principles designed to construct a secure world order in preventing civil unrest.
The ineffectiveness of the spirit of socialism (including New Labour) stems from the inability to avoid promoting an underlying resentment which repels the middle-middle majority irrespective of their background.
The practical incapacity of socialism (including New Labour) stems from its over-reliance on the public sector, and in its total inability to empathise with the world of industry, and consequent failure to effect desirable reform.
The ineffectiveness of the spirit of Conservatism stems from an entrenched resistance to change, and a sentimental attachment to existing institutions, which repels the middle-middle majority in failing to meet the challenges of the future.
The practical incapacity of Conservatism stems from trust in the “invisible hand” guiding a free-wheeling Rentier and global capitalism which is running out of control, and is unaccountable to any democratic, national, or other authority – including that of those who nominally operate the system.
WHY SOCIAL CAPITALISM MUST CALL ON THE LEADERSHIP INITIATIVE OF TOP BANKERS, INDUSTRIALISTS, & OTHERS AT THE APEX OF THEIR PROFESSIONS –
1 – Reforming or left wing political causes over the past 150 years have usually been motivated by a militant resentment rationalised through the need for class war, and this perverts those true values needed for a more balanced view of society.
2 – Consequently, too great an emphasis on class struggle has detracted from the need for greater concentration on the technical issues in improving industrial efficiency linked to social reform.
3 – The failure of the left to appreciate business values and the need for productive wealth creation is the missing “gene” of socialism which has so often led to the collapse of governments.
4 – A close analysis of history, in this country and abroad, will clearly demonstrate that governments of the right may take equal credit for social reform and raising living standards as those on the left.
5 – Financial-industrial and environmental issues today are of such complexity that initiatives for their resolution can only be addressed effectively by those of goodwill at the apex of society.
6 – Recent experience has demonstrated that under the pressure of economic difficulties, trade unionists and others on the left, in their failure of imagination to formulate new ideas for the future, tend to evoke failed experiments from the past.
7 – In the egalitarian-aspiring societies of today, where none may expect their descendants to be advantaged over others of equal merit, there is no reason for those most fortunate not to proclaim the equality of humankind within a Social Capitalist realm.