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The Need for a New Social Contract

By   Follow Me on Twitter     Message Shalom Patrick Hamou       (Page 1 of 2 pages)     Permalink

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☮ La Nouvelle Economie.


Evolution is Very Simple ... to Make.


We are all distressed by the economic situation and we all realize that little is in our power to control our material future. More than a failed economic model the failure of Individualistic Capitalism is the failure of a model of society. The idea that social good is magically and automatically reached when each pursues his own individual profit in a competitive manner. The social interest would be best defended by the mere fact that each individual would defend his own best interests.

Thus the social contract of Individualistic Capitalism would be filled by its absence. On that subject it has been attributed to John Maynard Keynes that Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. Social collaboration can not be the result of a blind and destructive competition. The proof lies with the collapse of Individualistic Capitalism.

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It is about time that in the realm of social sciences we stop to stick to beliefs but rely on a social contract properly signed and that we give ourselves the technical and scientific means to implement it without relying on any providential Invisible Hand.

Social Contract:

The Social Contract of ☮ La Nouvelle Economie. that is the one that binds all its signataries is the following.

☮ La Nouvelle Economie. agrees to provide each of its participants whoever they are ways to survive if not to live in dignity. In doing so it gives everyone the means to use his personal gifts in order to help increase their own living standards and the same to help fulfill its own commitment with respect to its signatories.

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This Social Contract is binding on all signatories. That is, holders of a 5 euro note whose serial number has been entered in The Public Register.

The signature being by nature anonymous ☮ La Nouvelle Economie. will never be able to know the identity of its participants and thus to treat any of them in a discriminatory manner.

This contract will take effect as soon as the number of signatories will be sufficient and we have put in place the technical infrastructure. It is likely that these conditions are met shortly after the inevitable Financial Krash and the Deep Economic Depression that will inevitably overwhelm the entire Individualistic Capitalism. It is the only plausible way to limit the chaos that will inevitably ensue.

As Lord John Maynard Keynes famously and prophetically put it: In one of the greatest investment markets in the world, namely, New York, the influence of speculation (in the above sense) is enormous. Even outside the field of finance, Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be; and this national weakness finds its nemesis in the stock market.

Once ☮ La Nouvelle Economie. launched it will not be possible for anyone to enter a serial number on The Public Register.

The actual possession of an authentic 5 euro note whose serial number is recorded in The Public Register is the unforgeable evidence of the inalienable rights to his holders and his household. Owning a Registered 5 euro note is proof of your right however it does not oblige you to participate in the future.

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A household is defined as follows: any group of people managing in common a significant share of their budget.

Principle:

It is not my purpose to get into the details of ☮ La Nouvelle Economie. here but I want to show one of its strong points and how its Ideology is completely different from what others propose:

The Value of Jobs is the Same as the Value of Breathing Air.

We must aim at separating those services which are technically social from those which are technically individual. The most important Agenda of ☮ La Nouvelle Economie. relate not to those activities which private individuals are already fulfilling, but to those functions which fall outside the sphere of the individual, to those decisions which are made by no one if ☮ La Nouvelle Economie. does not make them. 

The important thing for ☮ La Nouvelle Economie. is not to do things which individuals are doing already, and to do them a little better or a little worse; but to do those things which at present are not done at all.


Anonymous Public Register:

To register you must simply enter the serial number of a 5 euro note. To do this you must effectively own it. Fill its Serial Number in the Simple Form Here.

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I have worked since the spring of 1994 on the inevitable advent of Market Crash and a Deep Long Economic Depression due to a Keynnes' Liquidity Trap. I worked on an alternative credit based free market economy. To get there I propose the New Social (more...)
 

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The Need for a New Social Contract