BANGON PINAS! PHILIPPINE PEOPLE POWER FOR MASS WEALTH NOW!

     Target: Internalize elites' major wealth-making tactic: use of other people's skills, resources and money on large-scale basis!     How come the world has just a few thousand dollar billionaires and over 5 billion individuals who suffer poverty from 'genteel' to absolute levels?  How come the mass of employees of the world's 199 countries (the 3rd & Developing Worlds) earn the equivalent of $50 to $300 monthly while those of just 31 1st World nations average $2,000 to $5,000 monthly, and their exceedingly few elites earn millions of dollars each month?  World economic history and statistics reveal the major reasons: (1) Top 1st world corporations produce and sell at world scale, and most of their profits go to their few controlling capitalists.  In early 2000s, 1.5 million Philippine businesses' yearly production averaged just $400 billion or so, equivalent to the sales of just 10 or so top US or Japanese companies.  {Lesson: When...

    Here's how common logic upon logic formulates a Philippine anti-poverty tactic whereby no class struggles occur, even elites participate, and everybody wins: (1) To raise the teeming bottom masses, millions of jobs must be constantly created. (2) Only the skilled masses (employees and managers) and their corporate, State and institutional allies can simultaneously and endlessly create millions of jobs thru perpetual set-up of broad-owned corporate businesses that together serve world markets.  (3) Retired Filipino corporate, Academe and State officers, managers and specialists in their millions have the time, capital, skills and confidence-building 'names' to lead employee masses towards set-up and management of broad-owned businesses. (4)  Corporate joint ventures between 3rd World State-aided companies and 1st World techno corporations are the historically-proven fast-track ways towards set-up of large and small businesses. Here's the history: (a) In 186...

      How do we translate our Mega Co-op Movement's anti-poverty principles into action?  Here are the initial 'infinity' action 'formulas' for the purpose.  They're tagged as infinity because they have to be performed by the Movement and its allies repeatedly for all time as applicable throughout the 3rd World. First formula answers the question: How exactly may we set up a mega co-op that is able to create a corporate group for anti-poverty action and yield good 'sideline' income for co-op members?  Here's the 'formula':     Acronyms:  MC=mega co-op; JV=joint venture; k,M,bn,trn = thousand, million, billion, trillion; ME=mass entrepreneurship; emps/mgrs=employees/managers; expats=expatriates (Fils abroad); cos=companies; corps=corporations; orgs=organizations     ME Infinity Formula 1: Basic Mega Co-op Setup Procedure (Target: Organize your mega co-op investment house):      [YOU & 5k-up Fil emps, mgrs ...

          A major impediment against MC (mega co-op) style mass entrepreneurship (masses owning capital shares in MC corporate groups) as basic anti-poverty tactic is the ultra-low mass salaries & incomes that cannot possibly afford purchase of MC capital shares.   Philippine employee masses for instance earn salaries that afford near bare-subsistence lifestyles, at rates 1/5 to 1/10th of 1st World equivalents. Filipino masses saving for capital becomes a near impossibility under such conditions.  How do we dismantle the impediment?  One way is for the State to provide 'free capital' to all taxpaying employees in such manner as to obtain in return tax proceeds and other income at 20-50x current levels.  Here's how the scheme works:             ME Infinity Formula 2: PITCOS Law (Target: Enable employee and managerial masses to obtain 'free capital' from State.).       [Curr...

          Post 2 of this blog (We Can Shrink Wealth & Power Gaps to Near Oblivion) describes how business enterprises profit mostly thru build-up of credit worthiness.  Corporations are typically mired in debt by as much as 60% of assets for manufacturing to 90%-up for banks & merchandising companies.   Thus, a bank with P100 billion in assets may be capitalized at just P2 billion, its debts a whopping P98 billion largely in the form of deposits from employee & managerial masses.  How do banks attract such gargantuan deposits? Obviously due to the efficient work of their orchestra of skills in banking operations.  Yet who gets all the resultant profits?  Only the bank's capitalists as laws & traditions command!         How do we address the injustice?   Fundamentally, the main bases for credit comprise capital, collateral, capacity to pay & character or willingness to pay. ...

     If thousand-member groups of Filipino employee and managerial masses alone contributed capital for their mega co-op given said employees' low salary rates, the accumulated fund will be no larger than enough for a small local business able to create a few jobs and paper-thin profits for distribution among investors. Since the MC Movt aims to create jobs for over 60 million bottom poor, mega co-ops need to set up groups of large, export-oriented, world-marketing joint venture companies that gain huge profits thru economies of scale .  Each mega co-op therefore needs investments from private and public corporations able to invest multi-million pesos per company.  The target: minimum mega co-op capital at P1 billion ($20M).   On macro view, how may we  'force' the Philippine corporate sector to invest trillions of pesos yearly to our dreamed mega co-op sector?  As in the PITCOS law, we again use the State as redemptive tool thru a CITCOS law: ...