[GJM] This Is Very Important to UNDERSTAND. Making Competative Capitalism Sustainable via Powerful Financial Inducements.

Sat Nov 11 04:55:55 MST 2006

Dear All,

      What is said here is critical to our
understanding of the present global situation. We need
radical ideas but popular ones which are also
practical to achieve massive change.

Robert Searle

http://kheper.net/essays/Transfinancial_Economics.html

PS. I will include something of the concepts below in
a new future version of TFE article/paper.

Dear Ole Lefmann,

           I agree entirely with what you have said
but what you are suggesting is essentially unrealistic
for the present time. I will try, and makes this
clear.

1) TFE is transitional system from the competative
greed of capitalism to something much fairer.

2) However, TFE recognizes the simple truth that banks
and corporations are too powerful to change.

3) As such it now believes in the need for the
positive engagement, and dialogue with banks, and
corporations. 

4) This would increase the chances of the introduction
of an interest, and tax free economy as they would be
more willing to help fund transfinancial NGOs, and
influence politicians, and businessmen.

5) It must be remembered here that banks could have
the interest on their loans created by new unearned
money issued by independent public authorities
licensed to do so. 

6) To try, and bring about interest monetary reform by
opposing the banks, and corporations is largely a
waste of time. 

7)Though the above are radical most people would be
willing to support the introduction of TFE as it would
be socially, economically, and politically very
popular indeed.

8) Though banks would continue to make super-normal
profits governments would still be able to have new
unearned money created for them by an independent
public authority.

10)It is vital that humanity switches to an interest,
and tax free economy in the shortest possible space of
time.

11) Not only would banks, and corporations be more
financially  empowered  in TFE but more importantly
NGOs concerned with social, economic, and political
reform would be financed as never before. They would
be able to challenge vested interests if there is an
ethical need. This is the concept of the Equal Playing
Field (EPF). 

12) Such challenges though would diminish to a certain
extent if Corporations were financed in part, or in
full with new unearned money (via special business
NGOs aided by Grant Generating Banks which would
probably be independent public authorities)to ensure
that they introduce environmentally friendly fuels,
and technologies. For them to do so using their
profits would be too expensive, and commercially
unviable. With the present financial system such
massive business grants (and possibly interest free
loans where necessary) would not be possible. We are
talking billions (new unearned money)here to reform
the Corporations.

13) Those Corporations concerned with fossil fuels
notably oil ofcourse could be taken over via hostile,
or friendly takeover bids, or better still helped
(again via special business NGOs). They could  be
financed with massives grants, and interest free loans
to invest their earned money into the full deployment
of complex, and simple sustainable technologies. This
would also ofcourse include R&D projects. Such
monetary inducements would have the legal condition
that they would move away from fossil fuel production.
This process would make them popular, and profits via
sustainable technologies could also be subsidized
where necessary.

14) The only way to "fight" capitalism is with
capitalism .

15) It is important to understand that humanity may
not have long to go if it does not become sustainable
on this planet in a big way (notably global warming).
To try,and also introduce fairer wealth sharing
economic systems in the shortest space of time is
frankly DUMB. We have to use the present competative
capitalist system in such a way as to bring about
sustainability or else we are heading towards global
disaster which could result in the deaths of
millions....

   TRANSFINANCIAL ECONOMICS HOLDS THE KEY TO THE
FUTURE.

i- Ole Lefmann <olefmann at tinyonline.co.uk> wrote:

> Dear Robert Searle,
> 
>  
> 
> Yes, Power rules.
> 
>  
> 
> Power brokers rule by exclusion of people in general
> from access to what
> they need and allowing access to those who pay
> tribute to the power broker
> in a way the power broker appreciate; and they
> maintain their power position
> by indoctrinating people's minds with manipulated
> information.
> 
>  
> 
> In societies where everything has to be bought by
> payment of money, a power
> broker who controls access to money is the sovereign
> as long as money is
> trusted by people in general.
> 
> _
> 
>  
> 
> It is important how the society manages monopolies
> and especially it is
> important how it deals with the monopoly of putting
> money into circulation.
> 
>  
> 
> Henry George’s commitment was to find out the
> reasons for involuntary
> poverty and how to abolish these reasons. He found
> that the reason was
> private monopolisation of Nature and of the
> advantages of Society, and he
> found that the means to destroy the poverty-creating
> effects of monopolies
> were 
> 
> 1)    abolition of as many private monopolies as
> possible and 
> 
> 2)    annual public collection of the
> monopoly-profit of the tolerated
> private monopolies.
> 
>  
> 
> George proposed that the democracy should implement
> his proposals, which
> however has been postponed for a century because the
> power brokers
> interested in keeping the monopoly profits for
> themselves invested big
> fortunes in creation of economic theories that
> denied/denies that nature
> had/has anything to do with modern economics and of
> terminologies that
> made/makes it difficult for people in general to
> understand the Georgist
> theory. 
> 
>  
> 
> Your proposal about control of money (Trans
> Financial Economics), not
> elaborated in detail, sounds interesting, but it has
> nothing to do with the
> ideas of Henry George and does not conflict with it
> unless you support that
> individuals or private companies shall be allowed to
> collect and withhold
> profits of private monopolies.
> 
>  
> 
> If the money system should be changed as you propose
> it would not change the
> great inequity that keeps crowds of people in the
> world suppressed by
> monopolies and privileges and unfair trade
> arrangements.
> 
>  
> 
> I should think it would interest you to read the
> newly published book
> written by Dr. J.W. Smith Money - A Mirror Image of
> the Economy that
> proposes a new view on money, and a money system
> much different from today’s
> monetary system.
> 
>  
> 
> Published by: the Institute for Economic Democracy
> 
> 313 Seventh Ave., Radford, VA 24141, USA
> 
>  888.533.1020 / HYPERLINK
> "http://www.ied.info/"www.ied.info / ied at ied.info
> 
>  
> 
> In Cooperation with the Institute on World Problems
> 
> HYPERLINK
> "http://www.worldproblems/"www.worldproblems.net
> 
>  Ole
> 
>  
> 
>  
> 
> -----Original Message-----
> From: robert searle [mailto:dharao4 at yahoo.co.uk] 
> Sent: 07 November 2006 08:53
> To: olefmann at tinyonline.co.uk
> Subject: RE: [Intertax] Taxation,and So-Called
> "Re-Distribution" is
> Out-Dated Trash Thinking.
> 
>  
> 
>   Dear Ole Lefmann,
> 
>  
> 
>              Nature does matter in TFE but it is
> 
> capital which is the POWER which CONTROLS its use,
> and
> 
> misuse. 
> 
>  
> 
> It should be repeated the words POWER, and CONTROL
> are
> 
> vital to grasp. They are at the very crux of our
> 
> problem.
> 
>  
> 
> Robert Searle.
> 
>  
> 
>  
> 
> --- Ole Lefmann <olefmann at tinyonline.co.uk> wrote:
> 
>  
> 
> > And whatever you look at is either pure nature or
> 
> > materials from nature
> 
> > changed by manpower.
> 
> > 
> 
> >  
> 
> > 
> 
> > The assertion that nature doesn't matter in
> 
> > economics is a lie propagated in
> 
> > the interests of those who want to hold on to
> 
> > monopoly of nature to the
> 
> > detriment of the crowds who are excluded from
> nature
> 
> > and hope for charity or
> 
> > social security benefit or for that the merciful
> 
> > landowner will let them
> 
> > work on his land for a small share of what they
> 
> > produce to the landowner.
> 
> > 
> 
> >  
> 
> 
=== message truncated ===

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