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I wrote the following as a comment to the article by Steven Lendman entitled "A New Administration, Tired Old Policies" published on February 5 .
I decided I wanted to make this comment into a diary submission. Can I do that? Here is what I wrote ...
New Human Social Contract?
A New Social Contract: Many Local Constitutions
If money is a means of exchange, and not the wealth behind the exchange, and if banks will not use this exchange-power because they are afraid of more money disappearing than has already disappeared, then money is not money any more. Money is now an ineffective means of exchange, and so must be re-invented.
The conclusion is that a new kind of give and take must come about. It must involve trust, good will, and sharing. That kind of means of exchange is hard to come by. The current kind of exchange is based on making all that a lie. So what to do?
The means to exchange for goods and services must be a part of a new social contract between people invented by them. And it must involve a carefully written description of how trust and good will and sharing is to be protected.
People at say perhaps the city level might need to get together and write a constitution. It might read ...
"We citizens of city "X" believe that it is an inalienable right for citizens of our city to pursue life liberty and happiness. We believe that to pursue these rights we also need to assert that each man has the right to at least say 95% of the profit from his own labor. And we citizens of city "X" assert that we will have our own currency to safeguard that labor.
We citizens of city "X" will cooperate with other cities to form states based on wether we can agree on a mutually accepted constitution between us that includes but does not preclude our city constitution. ( or something to that effect ).
If we create and formalize trust in many local constitutions then we can create money based on that understood trust. Otherwise we create what we have now or a situation where there are exchanges but not with any effort ahead of time to create some kind of formalized and agreed upon trust that predates the money system.
And the thing needs to have teeth. If you violate the city trust system you have to leave, ( if so convicted by a jury of your peers.)
And in order to create many local constitutions people have to get together get to know and trust each other and then sit down and write the constitution.
by Theresa Paulfranz on Thursday, February 5, 2009 at 12:23:06 PM
