3 Principles of Economic Justice

Kelso’s binary formula is grounded in…

The Declaration of Independence of the Thirteen Colonies…In CONGRESS, July 4, 1776
Which states, among other things…

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. --That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed…”

Kelso’s offers his Three Principles of Economic Justice.

The Principle of Distribution which simply confirms the age-old presumption that if you make something, it belongs to you, not someone else. No disagreement here, right?

The Principle of Participation states that all citizens are guaranteed the right to participate in the economy to the degree that they are able to provide themselves and their family members with decent food, clothing, housing, health care, education, etc. that are necessary to secure life, liberty, and the pursuit of happiness, those RIGHTS that are endowed by the creator, and according to the Declaration of Independence, are both self evident, and inalienable. That means they're intuitively obvious, and they cannot be taken away by anyone. In other words, people who are being denied access to participation in the economy are also being denied access to the rights endowed on all humans by God …those rights that constitute the American ideal for which our forefathers fought and died.

The Principle of Limitation/Harmony states that no one will be allowed to have so much of the American Pie that it infringes on the Principal of Distribution, or the Principal of Participation for anyone else.

In my mind, it’s logiclally impossible to agree with the assertions in The Declaration of Independence, without agreeing with the Principle of Participation. Furthermore, it’s logically impossible to agree with the Principle of Participation without agreeing with the Principle of Limitation as well. So, when you buy into the Declaration of Independence, you’re automatically buying into Kelso’s three principles of economic justice which include the Principles of Participation and Limitation. Amen

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