[GJM] Shakespeare's theory -- Chris Cook

[Rodney Shakespeare]

Steve,
All the time binary economics, Chris Cook and  others join  forces to help each other as best we can.

 Chris is a member of the London Global Table and we are in frequent contact.  Some of the text at  www.globaljusticemovement.net is out of date but if you go to  Economic Justice and scroll down  to the paragraph on New Thinking you can see Chris's work praised and discussed.

Rodney
  ----- Original Message ----- 
  From: Steve Nieman 
  To: Discussion Forum for Global Justice 
  Sent: Tuesday, March 25, 2008 5:14 AM
  Subject: Re: [GJM] Shakespeare's theory


  I've copied Chris Cook's March 23, 2008 email below this latest one from Rodney Shakespeare.


  Somehow, Binary Economics has got to join forces with Open Capital.  They are complementary, and would help capital finance for a lot more people NOW.  We wouldn't have to wait years for federal legislation like the Capital Homesteading Act in the U.S. or Britain (other parts of the globe; Canada, Australia, etc.) to politically succeed in order to help millions of people to begin to earn equity in productive capital assets they use everyday at corps (or LLCs) that they work at.


  Old-style, bank debt financing of assets will go the way of the dinosaurs.  It's extremely expensive, unproductive and puts WAY to much power in the hands of bankers, other lenders and government bureaucrats.


  Just because you have disposable money doesn't mean you have the right to own (and control all stakeholders) when you bring your money to a capital venture.  Money is just one tool that a successful economic enterprise needs to function properly at creating wealth.


  I know it's ironic, the awful word –– rent –– being properly and justly applied to anyone or thing.  In the case of money people, it's proper.  But all the other stakeholders –– workers, customers, vendors, etc., would NOT be rented, and would be full partners in building equity ownership stakes, and sharing power proportionately.


  If I can ever find the time, I'll start trying to hammer out a white paper juxtaposing the two models to show how compatible I believe they are.


  Regards,
  Steve Nieman
  ~~~~~~~~~~~~~~~~~~

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