I am reproducing below, for your information, the PREAMBLE of the draft "Annex" to the U. S. Constitution, for the constitutional establishment of Political-Economic Democracy, recently posted to their web site by the Equitist Advocacy Group. Your comments are invited!
We, the People of the United States of America, duly institute into the law of our land this Economic-Democratic Annex to the Constitution of our nation in order thereby to therein establish Political-Economic Democracy.
We do so in cognizance of humanity’s historical experience of the fate of political-only democracy, in the grip of a self-degenerating capital-based social system, and in cognizance of the mechanism of that self-degeneration, as revealed by humanity’s political-economic science. Both confirm that human liberty, and human prosperity, cannot then even be maintained, let alone advanced, by political-only constitutional & statutory checks & balances among governmental branches.
Our historical experience, leading us to these reforms, can be summarized as follows --
The social system founded upon the capital-relationship ineluctably concentrates an ever-greater share of ownership and control in an ever-shrinking minority of the population, and in a minority which increasingly tends to be socially selected for sociopathic tendencies.
This inherent trend in the capitals-system increasingly affords to the concentrated ownership class, a tiny minority, an ever greater possibility of, and financial capability to, prostitute the executive, legislative, and judiciary branches of political government to their unified command, at all jurisdictional levels, thereby defeating constitutional and statutory, political-only checks and balances among those branches of government.
Moreover, as the capitals-system continues, capital-value accumulates, in the hands of the concentrated ownership class, ever-more preponderantly in the forms of fixed capital, capital-market securities, & long-term bank loan capital assets, for loans used to purchase vast quantities of fixed capital plant and equipment.
The concentrated ownership class thus perceives an increasing vulnerability of its power to overthrow by forces inherent in competitive capitalism itself.
That class therefore acts to eliminate its exposure to such overthrow, in ways which threaten the liberty, health, livelihoods, & progress of the majority of humanity; in ways increasingly destructive to the vast majority of living human beings, ways which also threaten the future – the very survival -- of the human species globally.
The capital assets of the concentrated ownership class are increasingly vulnerable to technological obsolescence depreciation given the continuation of normal competition against older capital assets from the latest, most-advanced, highest productivity fixed capital, e.g., installed in newly-industrializing, low-wage nations in the geographical periphery of that class’s “home” nation-states, as well as from home-grown new-entrant innovators within its own heartland.
This drives this class to defend its capital assets, the very basis of its socio-political-economic power, against such technodepreciation in ways which make it the enemy of human progress &, ultimately, the enemy of any human future.
This class uses its concentrated economic power, and its burgeoning “buy-out” of national governments, to increasingly suppress any technological progress whose competition would threaten its assets with such depreciation in its home market.
As a consequence of its suppression of deep economic competition, this class induces the descending phase – the “vampire-capitalist”, state-capitalist phase -- of the capitals-system, reversing and destroying whatever social virtues that system may have exhibited in its competitive, ascending phase.
Abroad, this class imposes a system of brutal militarist dictatorships on the newly-industrializing nations of the geographical periphery of its “home” nation states, to suppress industrialization there, also taxing its home producing class to pay for that plutocracy’s global secret police “intelligence”, torture, assassination, and mass murder infrastructure, and conscripting, from its producing class, “cannon fodder” for its military interventions to maintain its system of dictatorships.
It thus dupes people whom it has impoverished into mass-murdering other people whom it has impoverished.
In that process, the concentrated ownership class imposes, step-by-step, on the majority of its own heartland population, a “national security” spy-state / citizen-assassination-state; an increasingly human-rights outlawing and violating degeneration of constitutional, representative democracy.
The concentrated ownership class moves to block the progress of [“technodepreciating”] productivity growth globally. It diverts and perverts potential increments to global prosperity into socially destructive preparations for wars, contrivance of actual wars, and financial cannibalization of productive assets, to contrive profit from destruction, rather than from production. It propagates profit-via-destruction, e.g., as stealth genocide via the interlock of health-destroying pseudo-foods and pseudo-medicines.
By all of these acts it deepens impoverishment globally, making the very population size of the increasingly suffering majority a growing remaining threat to its rule.
In the end, this concentrated ownership class, losing control, failing to sufficiently suppress the growth of science & of industrial productivity worldwide to protect its asset-values, & threatened with imminent overthrow by the technodepreciating consequences, & by the democratic aspirations, of the advanced-fixed-capital employing, educated, economically-empowered, rising middle-working classes worldwide, including in the nations that it had formerly been able to “underdevelop”, desperately opts for a new, & this time global, holocaust; for catastrophic Malthusian “population reduction” -- “Eugenics” -- on a world scale, by contriving civil wars, pandemic diseases, “natural” disasters, economic collapse, famine, police-state concentration-extermination camps, and a new world war.
This amendatory annex to the United States Constitution is instituted to economically as well as politically empower the majority, producing class of this nation so that it is enabled to avert the humanocidal fate which otherwise awaits."
The full text of the Equitists' draft "constitutional annex" can be viewed via --