A Chain of Peace Proposals
How to Neutralize Prime Minister Netanyahu
President Biden must neutralize the negative impulses of Prime Minister Netanyahu. One way of achieving this goal - while not making an enemy of him and potentially making friends in unexpected places - might be this: To preserve peace in the Middle East, will President Biden offer Iran - and Gaza, among other nations - a SHIELD against Israeli attacks?
(This is an appeal launched in TalkMarkets, 19-Apr.2024).
***
An Urgent Necessity The recent painful events in Israel and Palestine make one thing evident: the insufficiency of today’s conception of the state itself. The state is officially defined as a “monopoly of force.” Force is never going to heal the reciprocal wounds that Israelis and Palestinians, for example, have inflicted upon themselves. Clearly, we need new institutions. The suggestions offered above (pp. 179-195) might be a start. But they have to be capped with a new conception of the structure of the state. The state has to become a dispenser of love.
One solution worth experimenting with to reach this goal might be Two States, one presidency, with a yearly revolving president--elected in turn independently by Palestinians and Israelis.
The history of the Rotating Presidency of the Council of the European Union might yield useful insights concerning the operations of the proposed yearly rotating presidency in Palestine.
(From Concordian Economics, Vol. 1 - Tools for Economists and Social Scientists, Springer Studies in Alternative Economics, 2023. p. 187).
*** Toward a Just International Monetary System Concordian economics suggests that Central Banks ought to follow these Three Rules for the creation and distribution of public money: 1. Loans should be issued only for the creation of real wealth; 2. Loans should be issued to individual entrepreneurs, to corporations with an ESOP, and to public agencies with taxing powers; 3. Loans should be issued at cost.
The Federal Reserve System has given a nod of approval to this proposal (see p. 27); the Fed has advised that these recommendations should be presented to my “state and federal representatives.” So far, I have been able to pursue this directive only haltingly.
These Three Rules will create a just monetary system.
Peace follows justice.
(From Concordian Economics, Vol. 1 - Tools for Economists and Social Scientists, Springer Studies in Alternative Economics, 2023).
***
The Bancor International Order (BIO) If all the nations of the world were to gradually adopt the same Three Rules for the creation and distribution of money, we would create a World Currency. In honor to the spirit of Keynes, these currencies might be called the American Bancor, the Swiss Bancor, the Chinese Bancor, etc. Today’s computers’ power will easily let us ascertain the value of each Bancor at each moment in time.
Each currency would remain under the strict control of each nation issuing the currency. Thus the independence and integrity of each nation would be firmly respected. This degree of interdependence would yield unexpected benefits.
The US Dollar hegemony would automatically disappear. This is a formal, not a substantial loss for America: the hegemony is gradually disappearing by itself as well as by a gentle push from China. The exchange of dollars for real goods is creating hoards of dollars in foreign hands. And these hoards are inevitably gradually being exchanged for control of real assets. Even Italy is controlling Chrysler these days.
Is this what America wants?
Release of the US Dollar hegemony might bring another benefit of inestimable value. President Putin has vigorously clamored for an end to the US Dollar hegemony. Will he put a stop at the war in Ukraine, if President Biden accedes to his reque
President Biden must neutralize the negative impulses of Prime Minister Netanyahu. One way of achieving this goal - while not making an enemy of him and potentially making friends in unexpected places - might be this: To preserve peace in the Middle East, will President Biden offer Iran - and Gaza, among other nations - a SHIELD against Israeli attacks?
(This is an appeal launched in TalkMarkets, 19-Apr.2024).
***
An Urgent Necessity The recent painful events in Israel and Palestine make one thing evident: the insufficiency of today’s conception of the state itself. The state is officially defined as a “monopoly of force.” Force is never going to heal the reciprocal wounds that Israelis and Palestinians, for example, have inflicted upon themselves. Clearly, we need new institutions. The suggestions offered above (pp. 179-195) might be a start. But they have to be capped with a new conception of the structure of the state. The state has to become a dispenser of love.
One solution worth experimenting with to reach this goal might be Two States, one presidency, with a yearly revolving president--elected in turn independently by Palestinians and Israelis.
The history of the Rotating Presidency of the Council of the European Union might yield useful insights concerning the operations of the proposed yearly rotating presidency in Palestine.
(From Concordian Economics, Vol. 1 - Tools for Economists and Social Scientists, Springer Studies in Alternative Economics, 2023. p. 187).
*** Toward a Just International Monetary System Concordian economics suggests that Central Banks ought to follow these Three Rules for the creation and distribution of public money: 1. Loans should be issued only for the creation of real wealth; 2. Loans should be issued to individual entrepreneurs, to corporations with an ESOP, and to public agencies with taxing powers; 3. Loans should be issued at cost.
The Federal Reserve System has given a nod of approval to this proposal (see p. 27); the Fed has advised that these recommendations should be presented to my “state and federal representatives.” So far, I have been able to pursue this directive only haltingly.
These Three Rules will create a just monetary system.
Peace follows justice.
(From Concordian Economics, Vol. 1 - Tools for Economists and Social Scientists, Springer Studies in Alternative Economics, 2023).
***
The Bancor International Order (BIO) If all the nations of the world were to gradually adopt the same Three Rules for the creation and distribution of money, we would create a World Currency. In honor to the spirit of Keynes, these currencies might be called the American Bancor, the Swiss Bancor, the Chinese Bancor, etc. Today’s computers’ power will easily let us ascertain the value of each Bancor at each moment in time.
Each currency would remain under the strict control of each nation issuing the currency. Thus the independence and integrity of each nation would be firmly respected. This degree of interdependence would yield unexpected benefits.
The US Dollar hegemony would automatically disappear. This is a formal, not a substantial loss for America: the hegemony is gradually disappearing by itself as well as by a gentle push from China. The exchange of dollars for real goods is creating hoards of dollars in foreign hands. And these hoards are inevitably gradually being exchanged for control of real assets. Even Italy is controlling Chrysler these days.
Is this what America wants?
Release of the US Dollar hegemony might bring another benefit of inestimable value. President Putin has vigorously clamored for an end to the US Dollar hegemony. Will he put a stop at the war in Ukraine, if President Biden accedes to his reque