Theoretical Value of the Electromagnetic Coupling Constant
  An insight into bispinor analysis makes it possible to describe the electron in selfaction as a fundamental steady state. The electromagnetic theory, and the Dirac equation for the study of an electron in presence of external potentials, follow as natural extensions of the equations that rule the electron in selfaction. The electromagnetic coupling constant ($\alpha$) and the coupling constant ($\beta$) of a gauge invariant matrix vector potential are interrelated by the equation that defines the electron structure. Here, two bispinor components carry 1/3 and 2/3 of the physical properties of the electron: electric charge, mass, spin and magnetic moment. These fractions of the electron charge seem to be a feature common to both leptons and hadrons. An eigenvalue equation involving the invariants of the selfpotentials ultimately determines $\alpha$ and $\beta$. 
Yair Goldin