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How to Liberate America From Wall Street Rule

How to Liberate America From Wall Street Rule

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Published by Iván Kaddour-Rouge

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Published by: Iván Kaddour-Rouge on Aug 28, 2011
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06/23/2015

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A well-functioning money system would direct
money to where it connects underutilized re-
sources with unmet needs to provide jobs for
everyone seeking employment. In so doing, it
would support a locally rooted New Economy
[See appendix, “Navigating the Transition to a
New Economy”] that aligns and integrates with
the structure and dynamics of Earth’s biosphere
and self-organizes toward four system condi-
tions:

1. Ecological Balance
2. Equitable Distribution
3. Living Democracy
4. Financial stability

This money system would:
• Make credit readily available at favorable rates
in response to local needs and opportunities for
productive investments that build real commu-
nity assets and enhance community health and
happiness.
• Support family-wage jobs with benefts that
eliminate the need to borrow to support basic
consumption needs.
• Fund needed public investment in physical,
social, and environmental capital.
• Eliminate fnancial speculation, usury, and
fraud.
• Recirculate money within bioregional econo-
mies.
• Manage the money supply to maintain full em-
ployment with minimal infation.

The current offcial money system fails on ev-

ery count.

THE CASE
FOR SYSTEM
REDESIGN

15

How to Liberate America from Wall Street Rule

A Report from the New Economy Working Group

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