"Now is the time of monsters.”

"Now is the time of monsters.”

― Antonio Gramsci

We are plugging Fiduciary Money into the wrong technology, and that is causing a cascading cavalcade of operating system failures in the sociologies through which modern society is trying to make the right social choices for our changing times.

This error in connecting Fiduciary Money to the Capital Markets, through Asset Ownership that diverts fiduciary loyalty from Purpose to Selling Price, and makes unreckoning recklessness look like prudence, protects itself from discovery and correction through:

an incomplete sociology of social choosing that centers Markets and Government, marginalizing Civil Society and trivializing Finance (so that we will not look there for causes or solutions: "Nothing to see here, folks. Keep moving.") within

a failing social contract that calls on each of us and all of us to produce and consume more, on the promise that more will always be better, and that we each, as freely self-determining market participants, will each always be free to determine freely for ourselves our own fair share of the more that is better, within

a fundamentally flawed social narrative of GROWTH that is a 19th Century social narrative of Progress, through technological innovation and economics of scale, within a lived experience that Nature is vast, and we are not, so that we can and should just take and take and take from Nature, without ever reckoning with the consequences of our taking, because those consequences will always just disappear into an infinitely receding geobiophysical Frontier, reabsorbed back into Nature, without consequence, to us, reduced to simple numerical increases in transaction volumes, measured in prices paid in money, form one period of measurement to the next.

We need to turn off this narrative of Growth for a time, to give ourselves time to go back to the text of the law of the creation of social trusts for the social purposes of socially provisioning the social safety nets of Workforce Pensions and Civil Society Endowments, to teach ourselves to see the authenticity of their capacity, derived from their legally constituted character of vast size, programmatic purpose and forever time, to use the circa 1983 technologies of spreadsheet math, desktop publishing and digital communication to negotiate with enterprise of any size, in any business anywhere on the planet to financially engineer socially beneficial enterprise cash flows through equity paybacks to an actuarial/fiduciary cost of money, plus opportunistic upside, from enterprise cash flows prioritized by contract for suitability, longevity and fairness, accountable to the common sense of reasonable people of what makes sense under the circumstances then prevailing, in undivided loyalty to their legally constituted aims, to invest money for income as well as safety to assure security ongoing into a dignified future.

Then we can restore authenticity to the use of securitization to mediate the tensions between the needs of individuals as investors, for liquidity in increments, and the needs of enterprise for longevity at scale in their financings.


Then, we can get busy agreeing a new social contract within a new sociology of social choosing within a new social narrative of being human that will be right for our times, and fit for our purposes, in the 21st Century, as planetary humans living, together and apart, in society, through economy, using money, on a planetary scale.



要查看或添加评论,请登录