Simon Andrew kindly asked about first steps for an incoming Labour and Co-operative Socialist government.
Here's what I offered:
Money, banking and finance and incomes policy are two parts of the plan for Co-operative Socialism.
So, when a Party, or Parties, are elected to implement that plan, three things need to happen.
First exchange controls need to be reintroduced.
Secondly, the law permitting usury needs to be repealed and replaced by one that transforms the money, banking and finance system into one that is interest- and charges-free and which operates on a non-profit motive basis.
The best model for that is the Public Library, Public Education and NHS model: ie, Community-provided, Free-at-the-point-of-use.
The third immediate action is to institute a process whereby, at the end of the first year (at the very latest) of the new Government's term of office a guaranteed, not-mean(s) tested 'Living Income for Everyone' will be introduced.
These steps are outlined in the CCPA Reader on Co-operative Socialism, available as a free PDF in the papers' section at www.interestfreemoney.org
Here's what I offered:
Money, banking and finance and incomes policy are two parts of the plan for Co-operative Socialism.
So, when a Party, or Parties, are elected to implement that plan, three things need to happen.
First exchange controls need to be reintroduced.
Secondly, the law permitting usury needs to be repealed and replaced by one that transforms the money, banking and finance system into one that is interest- and charges-free and which operates on a non-profit motive basis.
The best model for that is the Public Library, Public Education and NHS model: ie, Community-provided, Free-at-the-point-of-use.
The third immediate action is to institute a process whereby, at the end of the first year (at the very latest) of the new Government's term of office a guaranteed, not-mean(s) tested 'Living Income for Everyone' will be introduced.
These steps are outlined in the CCPA Reader on Co-operative Socialism, available as a free PDF in the papers' section at www.interestfreemoney.org
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