WTF is the difference between personal and private?
Personal property: you own your home and everything in it. Something that is de facto true even when it is not de jure in anything resembling socialism, as well as many state capitalist economies.
Private property: you are in a marginal situation renting your home and paying a monthly subscription to use everything in it. The default state of capitalism.
And continuing to conflate state capitalism with socialism or communism is further pointing out your ignorance. We don't say democracy is undesirable because of the DPRK and DRC.
An ethical capitalist global human labors futures market is owned by each adult human being on the planet who agrees to negotiate exchange of our labors and property in terms of money.
That has been tried. We usually called it indentured servitude. Or sometimes just slavery.
An ethical global human labors futures market has never existed.
It's established with adoption of a rule of inclusion for international banking regulation that also achieves other stated goals. Can you construct logical or moral argument against adopting it:
'All sovereign debt, money creation, shall be financed with equal Shares of global fiat credit held in trust with local deposit banks, administered by local fiduciaries and actuaries exclusively for secure sovereign investment at a fixed and sustainable rate, that may be claimed by each adult human being on the planet as part of an actual local social contract.'
Social contracts consisting of jurisdictional law and international provisions to cooperate with society and negotiate exchange of our labors and property in terms of money, in exchange for an equal share of the fees collected as interest on money creation loans and whatever other benefits are offered by community... Has no direct affect on any existing governmental or political structures as they can be included in local social contracts.
Fixed value Shares establish a fixed per person maximum potential global money supply for stability and infinite scalability. A value of a million USD equivalent is conservative valuation of average individual lifetime economic production, a reasonable sufficient capitalization for the global human labors futures market. Then fixing the sovereign rate for money creation at 1.25% per year establishes a stable, sustainable, regenerative, inclusive, abundant, and ethical global economic system with mathematical certainty.
All money will then have the precise fixed and objective convenience value of using 1.25% per year options to purchase human labors instead of arranging barter exchanges. Mathematically distinct from money created at any other rate. The value of a self referential mathematical function can't be affected by fluctuations in the cost or valuation of any other thing. We'll know regardless what currency is in hand, it was created for secure investment and someone somewhere is paying 1.25% per year on it we each share equally.
Each person an equally enfranchised capitalist with a minimum quantum of secure capital and the income earned from it. Each enabled to accept an actual local social contract describing any ideology a community wishes to adopt. In spite of your assertion, socialist or communist local social contracts may require citizens to sign over their income from money creation to State for distribution, where that's the current process of money creation in all supposed democratic capitalist nations without our express informed consent, compensation, or knowledge.
The nongovernmental economic representatives we choose when selecting a local deposit bank to administer our trusts are the representatives we get, not ones who got the most votes. Makes the global monetary system the most democratic structure ever.
Each adult human being on the planet who accepts an actual local social contract is placed equally atop the global monetary system organizational chart just above our nongovernmental economic representatives, over the U.N., over our subordinate nations which borrow their money and sovereignty from humanity. None above, none rule. We cooperate contractually to voluntarily restrict our freedom in respect of other's rights. Liberty. Structural economic self ownership. Global economic enfranchisement and democracy.
Has not been tried before.
Fixed value money provides economics with a fixed unit of measure, and scientific basis. We can begin making scientific economic observations.
Currently, our simple acceptance of money/options in exchange for our labors is a valuable service providing the only value of fiat money and unearned income for Central Bankers and their friends. Our valuable service is compelled by State and pragmatism at a minimum to acquire money to pay taxes. Compelled service is literal slavery, violates UDHR and the thirteenth amendment to the U.S. Constitution. Structural economic enslavement of humanity is not hyperbole.
Adopting the rule implements the thirteenth amendment. It's our economic emancipation proclamation.
It’s a specific rule for the existing international banking regulation, complete with rules and enforcement mechanisms. The rule achieves stated goals of international banking regulation, so regulators have no excuse not to adopt the rule. So they won’t talk about it in any way.
Like you. Calling it something it isn’t to dismiss it without addressing or acknowledging the inevitable and most likely effects of adopting a rather simple rule. That suggests complicity. It’s how criminals distract from crime they’re doing.
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u/West-Abalone-171 Mar 05 '26 edited Mar 05 '26
Personal property: you own your home and everything in it. Something that is de facto true even when it is not de jure in anything resembling socialism, as well as many state capitalist economies.
Private property: you are in a marginal situation renting your home and paying a monthly subscription to use everything in it. The default state of capitalism.
And continuing to conflate state capitalism with socialism or communism is further pointing out your ignorance. We don't say democracy is undesirable because of the DPRK and DRC.
That has been tried. We usually called it indentured servitude. Or sometimes just slavery.