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	<title>Comments on: Review of Thomas Greco&#8217;s: &#8220;The End of Money and the Future of Civilization&#8221;</title>
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	<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/</link>
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		<title>By: Review and Opinion by Richard C. Cook &#171; Beyond Money</title>
		<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/comment-page-1/#comment-2588</link>
		<dc:creator>Review and Opinion by Richard C. Cook &#171; Beyond Money</dc:creator>
		<pubDate>Sun, 08 Aug 2010 21:27:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.richardccook.com/?p=915#comment-2588</guid>
		<description>[...] his own insightful observations, and has stirred up a lot of interest. Besides appearing on his own website, the review has been picked up by a number of others, including Global Research, The Market Oracle, [...]</description>
		<content:encoded><![CDATA[<p>[...] his own insightful observations, and has stirred up a lot of interest. Besides appearing on his own website, the review has been picked up by a number of others, including Global Research, The Market Oracle, [...]</p>
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		<title>By: David Kendall</title>
		<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/comment-page-1/#comment-2530</link>
		<dc:creator>David Kendall</dc:creator>
		<pubDate>Tue, 06 Jul 2010 00:00:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.richardccook.com/?p=915#comment-2530</guid>
		<description>The best way to &quot;educate the mass of people&quot; is for democratic self-management to emerge to predominance through its reemployment of capital and labor that are routinely displaced by the inevitable crises of capitalism. Provide them with either jobs or income or both. No sales-pitch, no advertising necessary. According to Dr. King:

&quot;If the society changes its concepts by placing the responsibility on its system, not on the individual, and guarantees secure employment or a minimum income, dignity will come within reach for all&quot;, (Dr. King, Ch 3, &quot;Where Do We Go From Here: Chaos or Community?&quot;)

There is no need for media, no need for computers, no need for &quot;the establishment&quot; in this regard. All that&#039;s needed is for the cooperative sector to deliberately and aggressively expand by putting people everywhere back to work in respectable employment.

Since the capitalist system leaves such devastation in its wake, full-employment shouldn&#039;t be a problem for perhaps a century or more. Decades will be required to eradicate the ruling class altogether, to clean up their filthy mess, to design and implement more equitable and sustainable socioeconomic structures, and to rewrite the history books to more accurately represent the challenges of daily life under capitalism so that future civilizations will think twice about repeating similar mistakes.

When full-employment does eventually become a problem, a more democratic socioeconomic system will already be in place to make rational decisions about safe and healthy ecosystems, job-sharing and a basic income guarantee to ensure that the fundamental needs of every life on the planet are met.

There isn&#039;t anything very complicated about this. But as Cook and Greco suggest, it&#039;s not just a matter of time. It&#039;s also a matter of unified and deliberate efforts from people like you and me. So what must we do in these regards?

Models of workplace democracy and credit as a public utility have already been implemented sporadically throughout the world with resounding success. Richard C. Cook mentions some examples in his article above. These are compelling examples of what can be done to change the world and challenges for us to do so. The most pressing challenge remaining seems to be in combining those new productive capacities toward a more sustainable relationship between humanity and nature.

For an industrial revolution of the 21st Century to succeed, we need new methods of capital formation that say &quot;yes&quot; when traditional approaches say &quot;no&quot; to cooperative forms of productive enterprise that only generate enough income to sustain the needs of workers and the natural environment of their local community -- to organizations that are not obligated to reproduce a ruling class of parasites or a working class host -- to a democracy of consumers and producers who assume ownership and responsibility for their own well-being -- to communities that understand the environmental costs of industry and effectively weigh these costs in all their decisions about industrial development.

Moreover, all of these movements must proceed in tandem, since any change in one effects changes in all the others. As Cook suggests, we must begin to &quot;walk away&quot; and set up our own &quot;economic and monetary systems as a prelude to a rebirth of humanity as ethical beings in sustainable communities of choice.&quot;

I couldn&#039;t have said it more eloquently myself, though I have tried. For the record, this is one of the most moving essays I&#039;ve ever read by Richard C. Cook. I hope he will continue along the same lines in the near future.</description>
		<content:encoded><![CDATA[<p>The best way to &#8220;educate the mass of people&#8221; is for democratic self-management to emerge to predominance through its reemployment of capital and labor that are routinely displaced by the inevitable crises of capitalism. Provide them with either jobs or income or both. No sales-pitch, no advertising necessary. According to Dr. King:</p>
<p>&#8220;If the society changes its concepts by placing the responsibility on its system, not on the individual, and guarantees secure employment or a minimum income, dignity will come within reach for all&#8221;, (Dr. King, Ch 3, &#8220;Where Do We Go From Here: Chaos or Community?&#8221;)</p>
<p>There is no need for media, no need for computers, no need for &#8220;the establishment&#8221; in this regard. All that&#8217;s needed is for the cooperative sector to deliberately and aggressively expand by putting people everywhere back to work in respectable employment.</p>
<p>Since the capitalist system leaves such devastation in its wake, full-employment shouldn&#8217;t be a problem for perhaps a century or more. Decades will be required to eradicate the ruling class altogether, to clean up their filthy mess, to design and implement more equitable and sustainable socioeconomic structures, and to rewrite the history books to more accurately represent the challenges of daily life under capitalism so that future civilizations will think twice about repeating similar mistakes.</p>
<p>When full-employment does eventually become a problem, a more democratic socioeconomic system will already be in place to make rational decisions about safe and healthy ecosystems, job-sharing and a basic income guarantee to ensure that the fundamental needs of every life on the planet are met.</p>
<p>There isn&#8217;t anything very complicated about this. But as Cook and Greco suggest, it&#8217;s not just a matter of time. It&#8217;s also a matter of unified and deliberate efforts from people like you and me. So what must we do in these regards?</p>
<p>Models of workplace democracy and credit as a public utility have already been implemented sporadically throughout the world with resounding success. Richard C. Cook mentions some examples in his article above. These are compelling examples of what can be done to change the world and challenges for us to do so. The most pressing challenge remaining seems to be in combining those new productive capacities toward a more sustainable relationship between humanity and nature.</p>
<p>For an industrial revolution of the 21st Century to succeed, we need new methods of capital formation that say &#8220;yes&#8221; when traditional approaches say &#8220;no&#8221; to cooperative forms of productive enterprise that only generate enough income to sustain the needs of workers and the natural environment of their local community &#8212; to organizations that are not obligated to reproduce a ruling class of parasites or a working class host &#8212; to a democracy of consumers and producers who assume ownership and responsibility for their own well-being &#8212; to communities that understand the environmental costs of industry and effectively weigh these costs in all their decisions about industrial development.</p>
<p>Moreover, all of these movements must proceed in tandem, since any change in one effects changes in all the others. As Cook suggests, we must begin to &#8220;walk away&#8221; and set up our own &#8220;economic and monetary systems as a prelude to a rebirth of humanity as ethical beings in sustainable communities of choice.&#8221;</p>
<p>I couldn&#8217;t have said it more eloquently myself, though I have tried. For the record, this is one of the most moving essays I&#8217;ve ever read by Richard C. Cook. I hope he will continue along the same lines in the near future.</p>
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		<title>By: sergio dezorzi</title>
		<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/comment-page-1/#comment-2041</link>
		<dc:creator>sergio dezorzi</dc:creator>
		<pubDate>Mon, 30 Nov 2009 03:50:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.richardccook.com/?p=915#comment-2041</guid>
		<description>For what is is worth, visit www.salterre.org .

But nothing will come to fruit without educating the mass of people who do not have a computer or only use a computer for entertainment; It is imperative to start a grass root movement of people from all classes of society willing and determined to change, because any number of pampered middle class academics just talking to the converted on the internet will never go far.
The mass of people who are mostly suffering now and would benefit from the changes that you are proposing have no computers and probably have no money to buy your books and educate themselves to the realities of the present situation.
They will blindly follow the Establishment&#039;s Media as they have done so far; they will not help you, they will let their masters&#039; bloodhounds to destroying you.
 Regards and good luck.</description>
		<content:encoded><![CDATA[<p>For what is is worth, visit <a href="http://www.salterre.org" rel="nofollow">http://www.salterre.org</a> .</p>
<p>But nothing will come to fruit without educating the mass of people who do not have a computer or only use a computer for entertainment; It is imperative to start a grass root movement of people from all classes of society willing and determined to change, because any number of pampered middle class academics just talking to the converted on the internet will never go far.<br />
The mass of people who are mostly suffering now and would benefit from the changes that you are proposing have no computers and probably have no money to buy your books and educate themselves to the realities of the present situation.<br />
They will blindly follow the Establishment&#8217;s Media as they have done so far; they will not help you, they will let their masters&#8217; bloodhounds to destroying you.<br />
 Regards and good luck.</p>
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		<title>By: Why a global financial collapse and how to survive it &#171; Sir Burton&#8217;s Blog</title>
		<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/comment-page-1/#comment-1910</link>
		<dc:creator>Why a global financial collapse and how to survive it &#171; Sir Burton&#8217;s Blog</dc:creator>
		<pubDate>Wed, 18 Nov 2009 06:20:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.richardccook.com/?p=915#comment-1910</guid>
		<description>[...] http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-ci... [...]</description>
		<content:encoded><![CDATA[<p>[...] <a href="http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-ci.." rel="nofollow">http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-ci..</a>. [...]</p>
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		<title>By: KingofthePaupers</title>
		<link>http://www.richardccook.com/2009/11/17/review-of-thomas-grecos-the-end-of-money-and-the-future-of-civilization/comment-page-1/#comment-1909</link>
		<dc:creator>KingofthePaupers</dc:creator>
		<pubDate>Tue, 17 Nov 2009 18:38:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.richardccook.com/?p=915#comment-1909</guid>
		<description>&quot;The end of money&quot; 
Jct: That&#039;s a catchy but silly title. 
The end of money as we know it, sure.
The end of money with interest, sure. 
The end of money based on only assets and not time, sure. 
But the end of accounting tokens, never. 
And of course, there&#039;s no mention of the global UNILETS time-based currency resolution in the Millennium declaration to restructure the global financial architecture. 
No big picture. 
And a very bad title. 
We don&#039;t want to end accounting tokens, 
we want to fix accounting tokens and run them like poker chips with no interest or inflation and payable in cash or in time. 
The World&#039;s only Professor of Banking Systems Engineering.</description>
		<content:encoded><![CDATA[<p>&#8220;The end of money&#8221;<br />
Jct: That&#8217;s a catchy but silly title.<br />
The end of money as we know it, sure.<br />
The end of money with interest, sure.<br />
The end of money based on only assets and not time, sure.<br />
But the end of accounting tokens, never.<br />
And of course, there&#8217;s no mention of the global UNILETS time-based currency resolution in the Millennium declaration to restructure the global financial architecture.<br />
No big picture.<br />
And a very bad title.<br />
We don&#8217;t want to end accounting tokens,<br />
we want to fix accounting tokens and run them like poker chips with no interest or inflation and payable in cash or in time.<br />
The World&#8217;s only Professor of Banking Systems Engineering.</p>
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