I had an idea for a system, I don't know exactly were it fits in, or if it already exists, and It is actually somewhat simple.
I will describe it as detailed as i can.
Here is sort of the process to achieve this system.
Congress passes a law preventing companies from firing employees on the basis that they are part of an industrial union.
Congress then passes a secret bill that creates an industrial union secretly run by the government.
With this new industrial union formed workers from all markets join it. (The workers control the government, the government controls the companies through the workers, Essentially socialism)
The industrial union controls everything pertaining to the economy, it prevents companies from paying low wages by threatening to move all of its workers to other companies and dismantling it.
Companies that benefit society more then others will have more workers given to it and will be given more gov't funds.
Companies that don't benefit society as much will lose workers and be given less gov't funds. (This is to keep competition and development of technology.)
Workers can work there way up like in a capitalistic society but as they get higher up they lose political power.
The Industrial Union would also be funded with taxes (Of course).
In this society a Billionaire would be allowed to keep his wealth but not be able vote or run for office.
A middle class person would not be allowed to run for office but would be allowed to vote. (Or maybe the other way around)
A working class person would be allowed to vote and run for office.
(I'm calling this "Class Compromise")
This is currently all I have. I haven't defined what would happen for small businesses yet.
If anyone has an idea on how I could
improve this system please tell me.
I haven't come up with anything to prevent billionaires from paying its workforce large sums of money to revolt so the billionaire can get political power back.
If anyone has an idea what to name it that would be nice to.
"The bourgeoisie has stripped of its halo every occupation hitherto honoured and looked up to with reverent awe. It has converted the physician, the lawyer, the priest, the poet, the man of science, into its paid wage labourers."