What if... everybody who wasn’t one of the 1% just worked
together?
We’re building a global community for the 7B+ people who make up
the bottom 90% - where we can actively build tech, companies, organizations
and systems that aggressively helps us all generate new revenue and wealth,
both collectively and individually - by leveraging our biggest super-power -
our sheer size and numbers.
Add your email - and we’ll soon be giving access to a new
voting-based engine (with threaded comments) + Mobile App.
SHORT VERSION (OF OUR MISSION)
Since the 1990s a massive amount of wealth ($79 trillion) has been
transferred from the bottom 90% to the top 10% of the wealthiest
people on earth.
Gee - what could have caused and started all that?
Spoiler: The Internet/World Wide Web
The Internet is the most concentrated aggregator of demand, behavior
and commerce the world has ever seen. It’s been used to aggregate
and harvest wealth
from the bottom 90%, so we can certainly
use it to harvest and generate wealth
for us too.
We just have to realize that our world
glamorizes the individuals with concentrated amounts of wealth, when
combined we have a formidable amount of wealth ourselves.
Most people in the bottom 90% simply feel like they don’t have
enough money to make a difference or invest in anything - and
they’re right - IF it’s just their money by itself.
The bottom half of the top 10% have been aggressively pooling their
money in LPs (ie. Limited Partnerships) to try to keep up with the
top 5%, which proves working together is possible, necessary and works.
They already gave us the blueprint - and if we combine that with what
the elite do, the rest is just making the conscious decision to actually
do it, throwing up an online platform to kick it off - and starting it.
We just have to do it on a more micro, fractional scale - because
most people in the bottom 90% aren’t sitting on a bunch of cash.
But, even if just 10% of the bottom 90% (ie. around 300M people*)
pooled their money together - around some sort of platform to keep
it legal and only contributed $5/mo it would dwarf what LPs are doing.
It would be $1.5B per month in deployable capital.
* And, the 300M comes from the fact that there are really only about
3B of earth’s 8B people who are "on" the internet (ie. have
access). So, 10% of that 3B = 300M.
And, if we didn’t have faith that regular people would do it...
there are 600M+ Entrepreneurs and 400M+ Small Businesses in the world -
99% of which are 1-person operations. They also already make up
(ie. create) 50% of the jobs and economy in both the US
and
the world.
IN-DEPTH VERSION (OF OUR MISSION)
1. Are you part of the bottom 90%?
Every second the wealth inequality across the entire globe is growing
because that’s how Capitalism has evolved to work. Need a real-time
visual?
Check this out.
That’s how wealth grows for the top 1% (actually the top 10% too).
Especially because the stock market and other industries (like real estate,
logistics and shipping) and other financial instruments are the very tools
they use to grow wealth like that.
And, did you notice the "Average American’s" earnings per second/minute
at the bottom of that list? Note: It’s not completely "up-to-date"
and real-time (per say), but it
is real-time as of when those
billionaires’ net worths were last updated in our system. And,
that’s how they all make money - every second - even when they’re
sleep.
ps - Also - Public Owned isn’t just for Americans, it’s for the
bottom 90% everywhere globally. We use the US for references because
it’s all super obvious here.
That means if YOU aren’t part of the 1%, well, technically the 10% -
then every second YOU are actually getting poorer. (read that again)
To be very specific - the power of whatever money and/or assets
(ie. home, car, stocks, etc)
you have are decreasing every
second - because theirs’ is increasing every second.
2. The top 10% own/control 90% of the stock market & possess
71% to 85% of all wealth
The top 10% also control 90% of the stock market - aaaaand if
you connect all the dots even a
little bit, those conglomerates also own enough of other non-publicly
traded companies and businesses (around the world) that they can
easily dictate costs (and prices) across the globe - and hence,
inflation. A word that so many people debate and argue about that’s
really so, so simple if you look at it from a top-view.
It’s all one of the sweetest tricks and grifts in the history of
humanity.
Create a system (ie. the stock market) - around a system
(ie. democracy) that
you can just subtly increase every year
without people really even realizing it - especially those who don’t
bother to care about the stock market and then you just magically
increase your wealth.
Oh yeah - and also influence enough of politics that wages (this is key)
and taxes don’t keep pace - because that would eat into those
magically inflated profits. (Note: COL - Cost of Living and States
who’ve passed higher minimum wages are left out of this overview
because the real drivers of wealth inequality are working fast in spite of
those anyway)
3. Wages & Inflation
WAGES
Again, this is mega simple - the federal minimum wage is $7.25 per
hour and has been that amount since July 24, 2009 - google it.
So, eeeeeeeven if YOU make way more than that - you don’t think that
affects
you? YOU should be making even more. If the bottom was where
it needed to be, then it would most certainly have a ripple effect that
shifts everything UP above it too.
A lot of smart people talk about this in terms of the power and/or value
of the dollar today vs some time in the past.
So that is variable #1 (Wages) in this quick little how F-ed we all are if we
don’t work together FAST lesson.
INFLATION
And, here’s variable #2 (Inflation) - this variable should
probably be titled
"Subtle, Annual Price Increases", but
we wanted to make sure you were paying attention.
You ever notice how every year, all these
companies and businesses increase their price - like
they are
victims of inflation? HERE is the crux of it all...
All you have to do is own and control a certain group of companies (in
certain industries) - that just so happen to be the natural starting
point for almost any business - and if and when you raise prices -
you can send an absolute and inevitable ripple effect right through
everybody else.
What kind of companies you ask? Easy. Consumers are everywhere and ya
can’t make money off of 'em if ya can’t get the product to
'em or get them to the product.
So, everything involved with Shipping, Logistics, Travel, Containers,
Docks, Airports, Freight, Rail, Trucking, Gas, Energy, etc.
- Control those and you can pretty much control prices everywhere -
and ergo, "inflation". Simple.
4. So, how do we fix this?
And, can we (fix this)?
Fixing stuff that involves THIS many people and such complex things,
such as markets, blah, blah, blah
has got to be near impossible because it hasn’t been done yet. And,
in fact, in many developed countries and nations the citizens have gotten
so comfortable that they’ve taken their eyes off of politics enough
that this has all gotten even more broken than it ever was when it all
started.
So, maybe the answer - right now - isn’t "fixing it". Maybe the
answer is waking up - like, really waking up, learning the game - and
actually starting to play the game.
5. We have to get IN the game - and then play it.
The bottom 9%
of the top 10% (ie. the 2-9%) are already playing
the game. That’s how they’re getting wealthier right now
and trying to keep up with the 1%.
Ever heard of LPs? ie. Limited Partnerships.
Oh yeah, that’s what the bottom of the top 10% are doing - ie
pooling their money together FAST and aggressively and investing in
everything imaginable.
So, that means the bottom 90% can play this game too. And, easily. Heck,
the bottom of the top 10% have already laid out part of the blueprint - LPs.
Of course, the bottom 90% would have to get more involved in politics too.
Why can’t we do some lobbying? Or just get rid of some of the
things that make it so easy to rig?
6. We may not even have to get the pitchforks and eat the Billionaires.
Theoretically, the irony of all this is that a little more balance,
should (deductively) restore middle classes
in developed nations and countries and flourish markets through increased
spending (from increased earning) - and hence, make everybody richer - even
the 1% - and the 10% - but not JUST the 1% and 10% - everybody in the bottom
90% too - who chooses to participate anyway - because how else would you
get the benefits?
Right now Capitalism may not be the biggest problem - with the wealth
inequality in the world. The fact that the bottom 90%
don’t work together and pool their money the way the top 10% do might
be more of the problem. And, also the fact that so many people act like they
don’t have to pay attention to the politics that have allowed them
to run away with the game.
7. We already have the money.
The media glamorizes individuals, ie. billionaires who have amassed a lot
of money, but the bottom 90% has a lot of money too - it’s just spread
out more.
Most people just don’t think they have enough money to make a difference
and they’re right - by yourself, maybe you don’t. But, combined
with others - we sure are making a lot of billionaires richer every second.
Think about every dollar you spend in a day - who is eventually flowing up
to?
The 400M+ Small Businesses (SMBs) in the world create 50% of the jobs
and
income, yet keep very little of the wealth. And of the 400M+ SMBs and 600M+
Entrepreneurs, 99% are 1-person entities, ie. Sole Propietors, Consultants,
etc.
And, remember - they all have Customers, most of whom are other bottom
90ers. If you got $1 from half the SMBs and a fraction of their Customers
every month you could easily have a $1B/month fund.
8. We just have to monetize ourselves, the way the rich have.
If you really take a step back and think about it for a second - it
should actually be relatively easy to start monetizing ourselves the
way huge tech platforms, corporations, brands and conglomerates have.
We already have all the tools - and heck, we even have a blueprint now.
Not to even mention, AI. They’re saying it’s going to take
jobs, so let’s figure out the stuff they don’t care about
and take
those industries and then use AI to help us dominate
and create new jobs.
Whenver there’s a massive shift one way, it always creates needs
and problems - and opportunities in other directions.
We basically have to use the same technology
based strategies that have allowed wealth to be amassed and harvested
from the bottom 90% FOR the bottom 90%.
SIDE NOTE
The wealth gap really started to expand at a higher rate several years
after the "World Wide Web" really exploded in 1994-1998. Note: The
"internet" was made accessible to the public as the "World Wide Web"
in 1991, which is when the first website was launched and went live.
It seems like almost nobody really talks about any of this being a key,
defining factor, because the internet allowed corporations to deliver
value
and perceived value - to aggregate money (and profits) in
a much more streamlined and concentrated way than was ever previously
possible before. Millions of people all in one place. Think about it.
The internet has been and still is being used to harvest wealth
from the bottom 90%, so it can absolutely be use to harvest
wealth and value
for the bottom 90%. That’s how we
balance it all out. And, this includes the coming age of AI, which
is already well upon us - and robots, which are also right around
the corner and pose more than just a fiscal threat, but also a
potential physical risk and threat as well.
Simply put, we have to become Owners. We MUST become Owners.
Owners of companies, services and market-share in industries that are
essential to businesses, like Logistics, Energy (EV), etc. So we can
introduce real competition back to markets and industries that just
make up fake reasons to increase their prices by more than the average
Cost Of Living every year.
See the more detailed explanation of how it could easily work below...
How It’ll Work
1. The Community brain-storms
solutions - and the Think Tank arm builds them.
The Public Owned Collective has a Think Tank arm that isn’t just about
thinking and talking. We actively build technology - and some of the most
cutting-edge technology on earth - including having access to a
$7M+ Portfolio of Tech IP. We are comprised of accomplished group
of professionals across lots of different areas, industries and sectors.
But, we want to open things up and invite others to help us "solve" or see
how we should solve or address certain things with regards to the wealth
inequality and politics.
Our Think Tank philosophy is to build in public, so people everywhere can
be involved. And, we have a vision that one day soon, PublicOwned.com (apart
from the Public Owned Collective) will
list and
support companies, businesses and services owned by the general
public - meaning people and business owners who are part of the bottom 90%.
And, this global directory won’t be
just a directory -
it’ll also be an exclusive, global, digital Loyalty Card + E-Wallet...
all of which we have cutting-edge versions for - that are already designed
and built (thanks to contributions from our Founding Team).
But, we don’t want to just
list these types of businesses
and companies - we want to help them survive, grow and evolve too.
So the word "support" above is very important.
There are currently about 600M+
Entrepreneurs and 400M+ Small Businesses in the world - who create 50%
of the jobs - both in the US
and the world,
yet possess only 15%
of assets and wealth of the world - a number that’s rapidly
declining fast (ie. in the last 5 years, the top 5 richest
literally doubled their wealth).
If the bottom 90% wanted to, we could
fund an entire initiative
that could not only self-fund many of our own ideas and businesses, but
that could also make strategic purchases, which would help stabilize
and price-control certain entire markets - and industries.
2. We already make billionaires
richer every day. If we simply change our collective mindset and
strategy, we could easily affect most global markets.
Historically, small groups of boycotters in different cultures around
the world have continuously managed to change major systems that impacted
their societies. Some statistics say all you really need is about 10% of
people to do so.
So, imagine if this type of effort was on a much larger, more focused
- yet still casual, easy, passive and not time-intensive scale.
For example, we could probably buy Kroger (or
a comparable competitor), who controls a massive market
share in the grocery industry for $50B as a collective, then just make it
a "public" owned company that is
still a for-profit company, but
one that is not actively trying to maximize profits for its investors -
and instead one that seeks to keep grocery prices competitive.
There are more and more of these types of businesses, companies and
even grocery stores popping up all over the world - that are either
majority Employee-Owned or Customer-Owned or both. Let’s just
make more...
3. The concept of "Fair Markets"
and "Fair Competition"
If you introduce one player to the grocery market, who prices things
competitively
and is owned by customers and members of the general
public - what do you think is going to happen to those other grocery
conglomerates who willingly and happily inflate their prices too???
They’ll either bring them down to stay competitive or they’ll
quickly lose customers and eventually shudder/close.
This is super simple. Rich people are
constantly pooling their money together to fractionally buy up assets and
obtain more wealth. They aren’t ashamed of working together in this
fashion either - so why are we? We aren’t using our most blatant and
obvious super power. Our sheer size and numbers.
If just the Entrepreneurs and Business Owners got together (only) - that
would be about 1B people globally. Then, if we
all put a
forgettable $5 into a "pot" every month - we could deploy $5B on a
ridiculous amount of things
every, single
month - including infrastructure that would support our own
members - as well as investing in (or buying) smaller, privately owned
companies that could strategically provide some sort of benefit to a
large number of us - and just funding for ourselves - and our members in
general. Now - imagine if we put in a little more than $5/mo.
4. People constantly have $5
- $100 in their pockets and don’t
think it can do anything for them - so it usually ends up going
right into the "system" that funnels it up to some billionaire.
Combined - it
would do something...maybe not immediately
for you (but we have a simple idea for that), but if we deploy
money/capital in enough places we
will all start to see the affects
pretty quickly.
5. Sidenote: How to make it impact
all of us instantly...
It’s actually simple and something the government ironically regulates
in the US quite relentlessly - even though it helped build
this
nation. Lotteries.
And, since Lotteries are not legal - we could either
have a Non-Profit arm that holds the most insane raffles ever - since we
could pool together a fund worth billions each month.
Or, we could
do the most insane Sweepstakes ever heard of. Simple.
So, everybody gets a real chance. Wouldn’t that alone be worth it?
On any given day what do any of us really have a "chance" at?
To keep things light and interesting though
- we propose coming right out of the gates and simply framing this entire
initiative around a simple, voting-based system - where we could
all contribute and input on how money should be spent/deployed.
But, where we could all also vote on the best ideas, businesses, companies,
members and things to fund.
6. We Can All Easily Make This
Happen (and our Tech Collective actually
already has most of it built and ready to go) - we just want to build
up a big enough list to make sure people are ready to go
Currently, the Public Owned Collective’s Think Tank is a global
coalition of technologists who create simple, high-end
technology + solutions that rival most of the famous websites, apps and
technology that people commonly use -
and we
are retrofitting it all to be free - and decentralized.
This will allow Public Owned members to
completely eliminate tons
of monthly, recurring fees, as well as expensive one-time services
that people tend to pay for to support their businesses, interests, etc.
We must start to
own the platforms we use or we’re going to
always be making some small group of billionaires disproportionately
rich. And, how can those types of people possibly have
our best
interests at hand?
7. The same way they would tell
us, we need to tell them: “It’s
not personal, it’s just business.”
A FINAL NOTE
Our Founding Team believes in decentralized based strategies, companies,
organizations - and doing this whole initiative in a semi-decentralized way.
So, we are hoping to get an initial group large enough together that we can
easily help fund and manage all the necessary non-profits, organizations,
support and leadership necessary to put a simple US and world-based,
organizational framework (for PublicOwned) into place - to help push
all the various solutions that Members come up with and vote on live and
operational.