London Global Table: 25th April 2012

12-2 at SES * rather a lot of ‘MATTERS IN THE AIR’. 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. Two weeks to go!!! QUILLIGAN SEMINARS – An introduction to the whole 12 x 12 series to send to friends, MPs and Lords is here http://www.schoolofcommoning.com/content/what-role-commons-economy.
A 4-minute video introduction to The Emergence of a Commons-based Economy – (the Quilligan London Seminars): https://www.youtube.com/watch?v=nNn9iJ7F4NI

Please registration a s a p. Fees and donations can be made online – see the DONATE BUTTON on http://www.schoolofcommoning.com/content/what-role-commons-economy.

2. James Robertson’s new book ‘ Future Money – Breakdown or Breakthrough’ 2012 Green Books isbn 978-1-900322-98-0 See also Newsletter No. 35 – April 2012 http://www.jamesrobertson.com/newsletter.htm.

3. I would welcome any critique of Martin Wolf’s address: The Past, Present and Future of Global Finance. FT columnist Martin Wolf on whether we are doomed to repeat our financial mistakes. Then, business historian Chris Kobrak on learning from past crises. And former Statistics Canada chief economic analyst Philip Cross on creating good policy around subjective numbers.” (http://theagenda.tvo.org/episode/176447/the-past-present-and-future-of-global-finance).

4. Runnymede Gazette: April Edition: RUNNYMEDE GAZETTE APRIL 2012

——————————————–
5. Message From: St Paul’s Institute <institute@stpaulscathedral.org.uk>. Date: 24 April 2012. Subject: Public Debate with Michael Sandel – What Money Can’t Buy – Wednesday 23rd May, St Paul’s Cathedral:
I would like to invite you to the following public debate organised by St Paul’s Institute, in collaboration with the London School of Economics, JustShare and Penguin UK.
What Money Can’t Buy: The Moral Limits of Markets. Date: Wednesday 23 May 2012. Time: 6.30-8pm . Venue: St Paul’s Cathedral, EC4M 8AD. Speaker: Prof Michael Sandel. Discussant: Rt Revd Peter Selby. Chair: Ann Pettifor
Is there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don’t belong? What are the moral limits of markets?
Noted public philosopher and Harvard professor Michael J. Sandel will explore some of these pressing questions with a response from Bishop Peter Selby. St Paul’s Cathedral is delighted to host a public debate on this vital topic within a sacred space in order to explore the intersection between faith, morality and markets and the power that money has in our lives. Questions and comments from the audience will be taken.
Copies of Michael Sandel’s new book What Money Can’t Buy: The Moral Limits of Markets will be available on the evening, and a book signing will take place following the event.
Doors open at 6.00pm for a 6.30pm start. This event is free and open to all. Pre-registered tickets will be available for priority entry, and if you would like to reserve one of these please contact institute@stpaulscathedral.org.uk with your name, postal address and phone number. We look forward to seeing many of you there. Kind regards, Robert Gordon, St Paul’s Institute Manager.
St Paul’s Cathedral Institute, 3b Amen Court, London, EC4M 7BU, Tel. +44(0)20 7489 1011, Fax. +44(0)20 7489 3104, Web. http://www.stpaulsinstitute.org.uk
—————————————————————

6. Comments welcomed on the basic statement below – please.

///////////////////////////////

FROM EXPLOITATION TO INCLUSIVE JUSTICE
To indicate how from the principle of ending exploitation certain basic aspects of restructuring in the financial system are required: 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,

As all people of good faith reassess their contribution to public truth these suggestions should be seriously studied by intra-disciplinary bodies:
PRINCIPLE: Good faith in any tradition must be universal – that is, serving justly people and the planet.
PRAXIS: To develop that principle, some major systemic changes are needed, urgently: • Renew the priority of investing in human capital before all else. • Return to publicly created money – end issuance of new money bearing interest by commercial banks. • Educate people to understand that Social, Solar and Material Commons are more fundamental than traded commodities. • Return location value created by the community to the community – ending much accumulation of unearned income. • 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.

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 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

The Earth Proclamation: http://www.earthrainbownetwork.com/Proclamation.htm

Yours along the pilgrims’ way, Peter

“Monetary Reform + Location Value Tax + Guaranteed Basic Income
+ Recovery of The Commons, would eliminate,
within a few years at most, world wide poverty and the recurring economic crises.”