A fundamental issue clearly expounded………………..
reminding us all of Fred Harrison’s vital explorations of a societal way forward. Peter
———- Forwarded message ———
From: Evonomics Magazine <robertk@evonomics.com>
Date: Sun, 24 Oct 2021 at 17:55
Subject: Capitalism’s Core Problem: The Case for Universal Property
To: <peterchallen@gmail.com>
| Capitalism’s Core Problem: The Case for Universal Property Capitalism’s most grievous flaws are, at root, problems of property rights and must be addressed at that level. Peter Barnes Read more FOLLOW US ON FACEBOOK FOLLOW US ON TWITTER  Takers and Makers: Who are the Real Value Creators? Where value meets profit meets economic rent. Mariana Mazzucato Read more Donating = Changing Economics. And Changing the World. We love creating and promoting the articles on Evonomics, and we’re delighted by how much influence those articles are having. But it takes hundreds of hours by multiple people, and many dollars a month, to sustain Evonomics and expand its influence. Can you help subsidize those efforts to change economics, and change the world? If you find Evonomics to be stimulating and important, please consider a modest donation — however much you can afford. We’ll use your donation to deliver even more game-changing content, and to spread the word about that content to influential thinkers far and wide. Change the World Copyright © 2021 Evonomics, All rights reserved. Our mailing address is: Evonomics, 101 Clinton Ave, Mineola, NY 11501 Add us to your address book – – – – – – – – – – – – – – – — – – – – – – – – – – – – – – — – – – – – – – – Three responses the above article on ‘Capitalism’s Core Problem’: !. The core problem remains fiat money creation by banks and ‘central’ banks. If you own an asset and need to borrow to buy it then the deflation of the value of money reduces the extent to which you ‘own’ it or the time in which you own it and can fully utilise it – hence most people are now mortgaged until they die! I just read G. Edward Griffin, The Creature from Jekyll Island. Astonishing and revelatory. You prob already know it. 2. This is an interesting and thought provoking article – indeed along the lines of Fred Harrison’s important thinking on property. And really we are looking at economic activity holistically – property not as asset, but as resource as a life-sustaining element of the whole milieu of life-giving exchange of value. 3. Might speaking of the ‘Kin[g]dom of God’, where the ‘g’ is the ‘Ground of all Being’ from which all Gaian animate kinship evolves, be the terminology in faith that interprets afresh the ‘Deep Ecumenism’ in which we can sense ‘creation spirituality’ as ‘cosmic energy’ and thereby reach global harmony in societal, political and economic structures of inclusive justice, where the composite deep errors of USURY, THEFT OF THE COMMONS and INSTITUTIONAL DRAG are ended. More responses would be valued. Peter |
