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Economic and Social Justice

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106 Questions

What event brought jihad to America?

The terrorist attacks on the World Trade Center and Pentagon on September 11, 2001

What was the estimated number of people killed in the 9/11 attacks?

Over 3,000 people from 80 countries

What was the original purpose of creating the state of Israel?

To provide a homeland for displaced Jewish survivors of the Holocaust

How many major wars have been fought between Israel and its Arab neighbors?

Three

What is the name of the publication where the article 'Jihad in America' was first published?

World Citizen News

What is the name of the organization that collaborated with the Center for Economic and Social Justice to publish 'Curing World Poverty'?

Social Justice Review

What is the name of the website where the article 'Jihad in America' is available?

What is the term used to describe the ideology behind the creation of the state of Israel?

Political Zionism

What is the primary focus of the proposed solution to the Arab-Israeli conflict?

Achieving economic justice and nation-building

What is the concept that the new nation-building model is based on?

The biblical concept of 'Jubilee'

What is the main goal of the 'economic bill of rights'?

To provide equal access to future ownership opportunities

What is the proposed solution to the Arab-Israeli conflict?

Creating a new nation that accommodates Arabs and Israelis

What is the main obstacle to resolving the Arab-Israeli conflict?

Zero-sum game mentality

What is the proposed way to secure the lives and rights of Jewish settlers?

By redistributing future opportunities for land ownership

What is the ultimate goal of the proposed solution?

To guarantee peace through justice for all

What is considered insufficient in stopping the breeding of terrorists?

All of the above

What is the role of the 'ownership-sharing' economics in the proposed solution?

To decentralize access to economic power

What is the main reason behind the escalation of terrorism?

Perceived victimization by Western 'infidels'

What is the significance of the 'economic bill of rights'?

It guarantees equal access to economic opportunities

What is the proposed alternative to conventional approaches to economic development?

Humanizing free enterprise principles

What is the proposed solution's approach to nation-building?

Bottom-up approach

What is the main obstacle to achieving lasting peace in the Holy Land?

Historic land disputes between Palestinians and Israelis

What is the flaw in the Oslo Agreement?

It does not adequately address the issue of land control

What is the main goal of President Bush's call for a global 'War on Terrorism'?

To defeat a well-organized network of fanatics

What is the main argument against recognizing a 'Palestinian State'?

It would not bring lasting peace through justice

What is the main challenge in formulating a comprehensive vision for achieving lasting peace?

Resolving the historic land disputes between Palestinians and Israelis

What is the proposed solution to the Palestinian-Israeli conflict?

A more comprehensive vision centered on justice and humanizing free enterprise principles

What is the main inspiration for the proposed solution to the Palestinian-Israeli conflict?

The American Revolution

What is the common bond that Arabs and Jews can understand?

The ancestry of Abraham through Ishmael and Isaac

What is the meaning of the name 'Abraham'?

Father of many nations

What is the proposed name for the new nation that could be formed?

The Abraham Federation

Where do the Arabs and Jews exist today under Israeli military control?

In the West Bank and Gaza Strip

What is the deeper issue that needs to be addressed for peace?

Whether a more just society can be conceived

What is the proposed solution for the city of Jerusalem?

To designate it as a special 'global capital'

What is the proposed strategy for the Abraham Federation?

To create a more just society and phase out the Israeli military presence

What is the biblical region that could provide a foothold for the Abraham Federation?

Judea and Samaria

What is the significance of the name 'Abraham Federation'?

It honors the biblical patriarch Abraham

What is the ultimate goal of the Abraham Federation?

To bring peace and harmony to all nations and peoples

What is the primary focus of the economic culture in the proposed Abraham Federation?

Planning the open growth frontier

What is the term used to describe the process of doing more with less, as mentioned by R. Buckminster Fuller?

Ephemeralization

What is the unique characteristic of the Abraham Federation's approach to ownership and control?

Neither ownership nor control of the means of production

What is the report received by President Ronald Reagan in 1987 that advocated for expanded capital ownership?

The Bipartisan Presidential Task Force on Project Economic Justice

What is the key principle of the Abraham Federation's economy that combines maximum justice with maximum efficiency?

Economic sovereignty

What is the primary goal of the economic culture in the Abraham Federation?

To create wealth that can be traded globally

What is the significance of the concept of ephemeralization in the context of the Abraham Federation?

It enables the redesign of existing technologies and social structures

What is the unique characteristic of the Abraham Federation's approach to industrial development?

It neither owns property nor permits monopolies

What is the key difference between the Abraham Federation's economy and traditional capitalist and socialist economies?

It builds economic sovereignty into each citizen

What is the significance of the concept of 'open growth frontier' in the context of the Abraham Federation?

It emphasizes the importance of planning for growth

What is the primary benefit of implementing a national 'Capital Homesteading' strategy?

Reducing the number of Holocausts and breeding grounds for terrorists

What is the universal right guaranteed by Article 17 of the Universal Declaration of Human Rights?

Right to own property

What is the primary reason for the limited access to ownership of industrial capital in modern industrial societies?

Concentration of ownership among less than 1% of citizens

What is the estimated number of employees participating in ESOPs in the United States?

Over 10 million

What is the name of the leadership philosophy that incorporates social justice in corporate management?

Justice-Based Management

How many laws have been passed by the U.S. Congress to encourage the expanded use of ESOPs?

20 laws

What is the advantage of ESOPs for workers without savings?

They can purchase shares on credit wholly secured by future profits

What is the result of combining ESOPs with participatory management and gain sharing?

Firms perform better than their competitors

What is the name of the company launched in Egypt in 1989, which is the Middle East's largest radial truck tire plant?

Alexandria Tire Company

What is the primary goal of promoting employee ownership and control of industrial capital?

Promoting economic justice and reducing inequality

What is the primary objective of the economic development proposals of Project Economic Justice, as cited by President Reagan?

To promote widespread ownership of property among citizens

What is the main consequence of concentrated power and monopolies in an economy, according to the text?

Abuses by the majority against minority groups and individuals

What is the primary reason why most workers never gain access to economic independence and entrepreneurial opportunities in a free market economy?

They have no ownership stake in modern wealth-producing assets

What is the primary goal of the Abraham Federation's economic and legal system?

To promote private property in the means of production

What is the main consequence of an exclusionary market system, according to the text?

The few are free to own and the many are free to work for them or go hungry

What is the primary issue with the US Constitution, according to the text?

It did not abolish slavery

What is the primary role of the state in the Abraham Federation's economic and legal system?

To play a limited and well-defined economic role

What is the primary goal of the policy pillar of guaranteeing each citizen with an equal opportunity to become an owner of productive assets?

To empower all citizens through decentralized ownership

What is the main focus of the principles of economic justice developed by Kelso and Adler?

The development of a binary system of economics

What is the main goal of the Capital Homesteading program?

To democratize capital ownership for every citizen

What is the main consequence of not integrating the four policy pillars of a genuinely 'free and just market system'?

The system will become unbalanced, vulnerable to corruption, monopolies and special privileges, and wasteful of human potential

What is the main characteristic of Justice-Based ManagementSM?

It embodies and reinforces high moral standards in the corporate boardroom and workplace

What is the primary goal of the tax system and the money-creating powers of the state in the Abraham Federation's economic and legal system?

To guarantee every citizen equal access to 'social tools' to acquire and accumulate productive assets

What is the main feature of a national ownership-sharing program in the Abraham Federation's economic and legal system?

Citizens become co-owners of land

What is the significance of the ESOP (Employee Stock Ownership Plan)?

It is an innovation invented by Louis Kelso

What is the main focus of the Center for Economic and Social Justice?

To develop principles of economic justice

What is the significance of the Abraham Federation's constitution?

It corrects the flaw in the US Constitution

What is the main focus of the report 'Capital Homesteading for Every Citizen'?

To democratize capital ownership for every citizen

What is the main characteristic of Value-Based Management?

It seeks to maximize long-term stock values for shareholders

What is the main goal of the 'economic bill of rights'?

To democratize capital ownership for every citizen

What is the primary flaw in traditional conceptual and ideological frameworks for resolving the Arab-Israeli conflict?

They suffer from faulty assumptions, semantic ambiguities, and poorly defined objectives

What is the key incentive proposed to encourage industrial growth in the Abraham Federation?

Special trade status in the global marketplace

What is the significance of the 'Year of Jubilee' in the context of the Abraham Federation?

It is a time for the remission of debts and the restoration of ancestral property

What is the ultimate goal of the Abraham Federation concept?

To create a more just and peaceful future for all mankind

What is the main argument against traditional approaches to nation-building?

They are based on faulty assumptions and poorly defined objectives

What is the significance of George Mason's Virginia Declaration of Rights in the context of the Abraham Federation?

It is a precedent for the protection of individual rights

What is the proposed solution to the problem of security and control in the Abraham Federation?

The implementation of a system of checks and balances

What is the main advantage of the Abraham Federation concept over traditional approaches to resolving the Arab-Israeli conflict?

It offers a more comprehensive and just solution

What is the role of the 'industrial equivalent' of land ownership in the Abraham Federation?

It is a way to promote economic growth through industrial development

What is the main challenge in implementing the Abraham Federation concept?

The challenge of moving from the initial blueprint stage to implementation

What is the primary characteristic of executives in the best companies?

They prioritize long-term investment horizons

What is the differential in compensation levels between the highest paid executive and the lowest paid worker in the best companies?

3:1 to 5:1

What is the primary focus of the Capital Homestead Act?

Democratizing capital credit for workers

What is the goal of the Community Investment Corporation?

To act as a for-profit citizen-owned land developer

What is the Kelsonian Binary Model used for?

Achieving rapid growth without inflation

What is the purpose of the Capital Homestead Account?

To relate to central banking policy

What is the primary goal of the best companies' executives?

To prioritize long-term investment horizons

What is the significance of transparency and accountability in corporate governance?

To avoid executive abuse

What is the key to broad-based ownership, according to the text?

Democratization of capital credit, going beyond micro-enterprise lending

What is the purpose of Community Investment Corporations (CICs)?

To keep profits, equity growth, and land governance rights in the hands of local community members

What is the significance of the Alexandria Tire Company transaction?

It is a unique application of Islamic banking principles, benefiting over 600 worker-shareholders

What is the concept behind 'Capital Homesteading Accounts' (CHAs)?

Personal investment accounts for citizens to gain access to credit and choose among various ownership options

What is the intended outcome of the Abraham Federation?

To provide each citizen with the means to share in the private ownership of all the nation's resources

What is the role of the 'discount mechanism of central banks' in the proposed framework?

To supply asset-backed, self-liquidating credit to commercial bank lenders for financing growth of broadly owned productive enterprises

What is the significance of the Costa Rica prototype 'parallel legal system'?

It is a tested model that can be adapted to any country, structured along Capital Homesteading principles

What is the primary focus of the proposed solution to the Arab-Israeli conflict?

Implementing a Capital Homesteading framework to provide broad-based ownership of resources

What is the role of the United States in the proposed solution to the Arab-Israeli conflict?

To be an effective catalyst for bringing the Capital Homesteading framework to the peace table

What is the underlying principle of the Capital Homesteading concept?

Common and traditional principles of economic justice and social justice

Study Notes

The Impact of 9/11 on the Israel-Palestine Conflict

  • On September 11, 2001, jihad came to America, killing 3,000 Americans and people from over 80 countries, including Israelis and Palestinians.
  • This event marked a turning point in the global War on Terror and highlighted the need for a comprehensive approach to resolving the Israeli-Palestinian conflict.

The Origins of the Conflict

  • The United Nations proposed a "two-state" solution in 1947, dividing the former British-mandated territory of Palestine between Jewish and Palestinian populations.
  • The creation of Israel as a "Jewish state" was morally justified in Western eyes, but seen as an imposition of Western values by Palestinians and Arab neighbors.

Conventional Approaches to Peace

  • Past peace initiatives, such as the Oslo Agreement, failed to achieve lasting peace, as they were based on "zero-sum" politics, where one side's gain was seen as the other's loss.
  • Conventional military power and economic handouts have not been sufficient to stop the breeding of terrorists or bring about a lasting resolution.

A New Approach to Nation-Building

  • A radically new and inclusive model of nation-building is proposed, based on economic justice and social justice principles.
  • This approach would redistribute future opportunities for every citizen to become an owner of land and assets, guaranteeing a level playing field and promoting social mobility.

The Abraham Federation

  • The proposed nation, named the "Abraham Federation," would accommodate Arabs and Israelis, recognizing their shared heritage as descendants of Abraham.
  • The new nation would prioritize individual sovereignty, economic empowerment, and social justice, ensuring that all citizens have equal access to ownership opportunities and a stake in the economy.

Economic Principles

  • The Abraham Federation would reject artificial scarcity and focus on creating new wealth through modern science, technology, and global production systems.
  • Moral values and sound market principles would be infused into the economic process, ensuring maximum justice and efficiency.

A New Economic Culture

  • The proposed economy would neither own property nor permit monopolies over the means of production.
  • Each citizen would be guaranteed economic sovereignty, free from the "wage system" and empowered to participate in the economy as a property owner.

Policy Pillars

  • The Abraham Federation would be structured around four policy pillars:
    1. Private property in the means of production.
    2. Free and competitive markets for determining just prices, just wages, and just profits.
    3. A well-defined and limited economic role of the state.
    4. Guaranteeing each citizen an equal opportunity to become an owner of productive assets.### The Four Pillars of a Free and Just Market System
  • A genuinely free and just market system has four essential and interdependent pillars
  • These pillars build moral values into the economic environment
  • Removing one pillar would lead to an unbalanced, corrupt, and wasteful system

The National "Capital Homesteading" Strategy

  • Aims to provide every citizen with equal access to "social tools" like a simple and just tax system, a stable asset-backed currency, and an ownership-spreading productive credit system
  • Citizens would become co-owners of land, accumulate and receive dividends and property incomes from direct equity ownership in new technologies, agribusinesses, industries, and rentable space and infrastructure built upon the land

Widespread Ownership and Economic Justice

  • Universal right to own property is frustrated by every nation today
  • Economic justice in a modern global economy depends on widespread individual access to ownership of technologically advanced agricultural, industrial, and commercial enterprises, and the means to finance their acquisition, operation, and expansion

Employee Stock Ownership Plans (ESOPs)

  • Over 10,000 companies with a total of over 10 million employees have adopted ESOPs in the United States
  • Employees with no savings or credit have used ESOPs to become owners of their companies, with up to 100% equity participation

Success of ESOPs

  • ESOP companies generally perform better than their competitors when combined with participatory management and gain sharing
  • Studies indicate that firms financed through ESOPs outperform their competitors

International Examples

  • The Alexandria Tire Company in Egypt was launched in 1989, creating the Middle East's largest radial truck tire plant, with over 600 worker-shareholders benefiting from an ESOP

Capital Homesteading and Beyond

  • The Capital Homesteading concept is not limited to worker ownership; other variations include stock ownership plans for utility users and regular customers of enterprises, community investment corporations, and personal investment accounts
  • These variations aim to build individual equity stakes in capital-intensive industries into the general population

This quiz is about the work of Norman G. Kurland and the Center for Economic and Social Justice, focusing on publications and updates on economic and social justice issues.

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