London Global Table: 18th Jan 2012

The – 12-2 at SES * We will ensure we attend this Wednesday to these items at least:

1. Hard on the heels of Robin Upton from Bangladesh on Jan 4 came Daniel Evans from NZ on the Jan 11th. I warmly recommend the site http://www.ormita.com/ that you might examine the significant initiative that Daniel, CEO of Ormita Commerce Network, reported eloquently. He had also told us of a City report ‘ Barter and the City’. http://tinyurl.com/6rn4w9v

2 Two TED talks .
a] Witty and pertinent : ‘1000 TED talks in 6 words’ see http://tinyurl.com/7zkaf5d-
b] Another great TED by one of the associates of the Table. just17 minutes. on Community architecture –
http://tedxbristol.com/2011/12/30/tedxbristol2011_tiakansara/#.TxPOq6UaNa5

3. a]The Future of the Occupy Movement a day of scenarios and collaborative sense-making Saturday, January 28th, 11 am – 6 pm Bank of Ideas, London. b] Occupy Jan 15th conference -c] Norwich – d] Ekklesia – e] Occupy together
[plus – “Our resolve continues to deepen and take on a different tenor” by George Pór .A blog based on ‘Occupy my soul’ – https://mail.google.com/mail/?tab=wm#inbox/134c4915fa5218dc

4 Did anyone attend the Fabian Conference and care to report on their view of ‘The Economic Alternative?

5.. The 12 Quilligan Seminars May 8-18 – encouraging advances in participation and design

6. Are you keeping in touch with the FINANCE INNOVATION LAB?
www.thefinancelab.ning

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-disciplinary 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 of investing in human capital 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