12-2 at SES * As well as items on that general list on the site above, we will ensure we attend this Wednesday to these items at least:

1. ‘OCCUPY’ – further reports and action – A short Paper by Peter Bowman on ‘Economic Justice’ for consideration in the Bank of Ideas. and Economists for OCCUPY 3.15mins http://econ4.org/statement-on-ows

2. Ten days of seminars led by James Quilligan May 8-18 2012 – latest developments

3. Initiatives for Change Feb 1st – London Meeting – Selby keynote speaker

4. The Finance Innovation Lab’s new Disruptive Finance Policies Project

5. High Pay Commission, Rory Bremner and Bretton Woods latest – Jasper

6. NEF Review of 2010-11

FROM EXPLOITATION TO INCLUSIVE JUSTICE

To indicate how from the principle of ending exploitation, and especially its financial form of ‘usury’ on money bearing compound interest issued by commercial banks, and the passing of location value to rentiers rather than to the community that created it, certain basic aspects of restructuring in the financial system are required.

As all people of good faith reassess their contribution to public truth these suggestions should be seriously studied by intra-discipinary bodies:

Principle: Good faith in any tradition must be universal – that is, serving justly people and the planet.

To develop that principle, some major systemic changes are needed, urgently:
– Return to publicly created money – end issuance of new money bearing interest by commercial banks
– Return location value created by the community to the community – not to rentiers
– Introduce a new form of material wealth’s inclusive distribution – so that consumers and producers are the same people
– Respond to the mantra that ‘the first call on a nation’s wealth should be a basic income for all citizens.’
– Rescind laws creating ‘corporate personhood’ and the primacy of returns to directors and shareholders
– Educate people to understand that Social, Solar and Material Commons are more fundamental than traded commodities
– Renew the priority in human capital of investing before all else
– Democratise the Corporation of the City of London

Behind these brief indicators serious studies and proposals are available for intra-disciplinary appraisal.
We seek a practical workable post-capitalist ecological economy, an economy by the people, for the people that is geared to production for need, not for profit, other than the dichotomy of all state versus all private. This is to make a principled distinction between what is naturally private property and what is the common wealth of all. Two complementary aspects of this are emphasised.
1. Recognising that the money system is naturally a social institution whose benefits should naturally be enjoyed by all.
2. A recognition of the distinct economic role of land.
For any individual access to land or natural resources that society bestows there is a corresponding duty to make a return commensurate with the privilege. These two policies combine a community-based issuance of money and government revenue based on land and resource rents.

NOTE: ‘THE PROCLAMATION OF JESUS CHRIST AS THE CRUCIFIED AND RISEN LORD AND THE CONFESSION THAT JESUS CHRIST IS LORD HAVE BOTH A INTIMATE AND COSMIC IMPLICATION. WE CANNOT CONFESS JESUS CHRIST IS LORD WITHOUT SERIOUS CONSEQUENCES FOR THE ORDERING OF POLITICAL AND ECONOMIC RELATIONSHIPS AND THE HARMONY IN WHICH HUMANKIND LIVES AS A PART OF THE WHOLE CREATION. Anglican Mission Agencies. Brisbane 1986

Peter

“Deny the wisdom of ending usury and the eco-system dies” Buchan

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Message sent out 8/12/2011: GLIMPSING THE LIFE OF THE LONDON GLOBAL TABLE

Had you been with us yesterday you’d have joined:
• Isaac discussing his new game ‘ Bank Robbery’, due to be published early in 2012
• Mary reporting 20 active projects and a Hub for LETS groups; IT as an aid to Community Currencies.
• Chris and Viv down from Lancaster reporting OCCUPY Lancaster [just a week old] and their work in environmental education, through ‘GlobalLink’, ‘Incredible Edible Lancaster’, a Community Land Trust etc. (they only join us once a year, but what encouraging news they bring.)
• Janos leading discussion on ‘Structures without Tyranny’ as a subject to be brought to the Bank if Ideas; [especially when there is now such an abundance of speakers and too few toilet cleaners !!] Direct democracy grows painfully in discrete actions, not in dramatic resolutions.
• Jasper on advances in Molten Salt reactors as alternative to nuclear; and on approaches [with Dick R] to Rory Bremner
• Michael making his searching critique of some assumptions we may make too readily
• Michelle with a report on THE ORGANIC MOVEMENT, and collecting Quilligan Papers.
• All discussing the place of ‘revisiting Bretton Woods’ in the evolving CCMJ manifesto ‘ From Exploitation to Inclusive Justice’.
• Peter on the latest on the ten days, May 8-18, with James Quilligan tutoring 10 or so seminars on ., ‘Converging on a Commons-based Economy.’ [Watch this space!!]

We considered a dozen contributions to OCCUPY and the bank of Ideas being made by associates our associates in the search for ‘principle and pragmatism’ in proposals for change – by Robin, Rob, George, Anna, Janos, Paul, Moeen, Simon, Ben, Richard, two Davids, Jasper, Peter… on the list goes

– And the info sharing flowed on out into the street as we dispersed………………………
– Always delighted to see you when you can join us, or to hear from you when you can’t.
– And happy birthday to two of you, Andy and John, on this day of my posting.

Yours along the pilgrims’ way, Peter

“Deny the wisdom of ending usury and the eco-system dies” Buchan
………………….and society dies too it seems !!!” Challen