[GJM] Working with Banks, and Corporations to Achieve a High Degree of Global Justice?

[Steve Nieman]

Dear Robert, Steve and all,

Another thing to try while we wait for political processes to address  
these enormous problems with the way our governments create and  
deploy currency and credit is start new corporations that don't buy  
into this system.  Offer your customers low-cost credit NOT  
compounded, but simple interest.  Explain to them how this racket  
works, and how this business is NOT going to operate that way.  Offer  
securities that don't enslave people yet create real new wealth.  New  
banks could be started offering credit that will actually work in the  
economy.

I know this takes a lot of effort, but some of us have begun this  
process.  And it's been a lot of fun so far.  People just eat it up  
when they become convinced they truly are getting a better deal.

Just like Steve Consilvio points out in his article The Interest  
Mechanism (and numerous other authors have too), the geometric facts  
of compounded interest and inflation doom REAL, stable businesses.   
Start one that won't head down this road.

At some point, you will out-compete companies who are using the  
doomsday business plan.

Regards,
Steve Nieman
Interim CEO, Downwind Corp
~~~~~~~~~~~~~~~~~~~~~~
On Feb 21, 2007, at 4:14 AM, robert searle wrote:

> Dear Steve Consilvio, et al,
>
>              It is good to see you on the site, and
> making interesting contributions.However, there are a
> number of points to be made.........
>
> You are right to some extent in saying  that you
> cannot"bribe" banks, and corporationsinto moral
> behaviour, and that this is patently absurd. What we
> are talking about here though is OUTER CHANGE, and not
> inner change. The latter is more difficult to alter if
> not impossible in connection with mega..mega business.
>
> But what is the alternative? There is virtually none
> except the same old line about society becoming moral,
> less selfish, and materialistic. Can you ever imagine
> banks, and corporations ever doing this unless it is
> in their own financial interest? The answer is clearly
> no.
>
>  It is absurd  to suggest that business people in
> corporations, and banks are suddenly converted to
> morality by simply having financial incentives to
> change the ways they operate. But that is NOT THE
> POINT.
>
> Money, and power is all that they fully, and really
> appreciate so you have to somehow reach them at their
> own level so that humanity has a chance of SURVIVING .
> Alternatively, we can waste our time USELESSLY through
> launching a moral campaign for monetary
> reform.....unless ofcourse there is a huge amount of
> public support which is unlikely.
>
> Moreover, it would take too much time, and finance for
> it to be truly successful. Unfortunately, we do NOT
> have much time if this planet is to survive. This is
> the key point. So, we have to put our moral
> perceptions on monetary reform, and the super rich on
> the backburner for the time being, and embrace the
> evolving concepts of Transfinancial Economics.
>
> I have to admit to find that a few people on this site
> are somewhat naive, and unrealistic when it comes to
> monetary refor. However, everyone has the human right
> to express their opinions.
>
> Regards,
>
> Robert Searle.
>
> ~~~~~~~~~~~~~~~~~~~
>
> --- Steve Consilvio <steve at behappyandfree.com> wrote:
>
>> Profit and Interest are both mathematically
>> impossible in the long
>> term. (See The Interest Mechanism on my website.)
>> Both create
>> inflation and the inevitable division of wealth
>> follows, along with  (snipped)