The Issue of Public RevenueA modern society requires enormous public revenue to meet the needs of itself and its members. Only one source of public revenue exists and that is the economic base of the society and the new value working people produce. The modern economy of industrial mass production is more than capable of providing enough public revenue to meet the needs of society and its members. However, a dominant social force in control of the economy and state obstructs the new value workers produce from meeting the needs of the people and society. The ruling elite in control do this in the following ways amongst others. A global imperialist oligarchy has seized control of the basic sectors of the economy and the social product workers produce depriving society and its members of this much needed value. The problems of needed investments can be sorted out once the people gain control of the basic sectors of the economy with public enterprise and bring the social product workers produce under the control of the society and its members within relations of production that are human-centred. A modern society is more than capable of using the new value workers produce to meet the needs of the people and solve problems in ways the actual producers and others in society decide. The state under the control of oligopolies uses much of the public revenue it amasses to pay the rich in various ways and defend the privilege, wealth and power of the oligarchs and serve their narrow private interests. Taxes on individuals and borrowing from the oligarchs are a major source of public revenue in the present. These methods of obtaining public revenue are counterproductive and abusive to the working people who produce all value. A crucial demand at this time is for governments to stop using public revenue to pay the rich, stop taxing individuals, and stop borrowing from the global imperialist oligarchy. Public revenue should come directly from the enterprises where workers produce new value and be used to increase investments in social programs to guarantee the well-being of the people and for extended reproduction of the economy. How to bring this direction into being starts with the demand to stop paying the rich and increase investment in social programs. This is a worthy project for the people to take up at this time.
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