"No Gold; NEED Act; and more": Part 32: Monetary Reform: Series 1

Mark Morehouse:

I asked for any clarification as to your being an anarcho-capitalist. You supplied none (aside from naming Antal Fekete, who differs only slightly with Murray Rothbard, the "father" of "anarcho-capitalism," as the term is currently used). Therefore, I proceed on the basis that you are, in fact, an anarchist and capitalist rolled into one.

You wrote, "Government should have no business in money as they have no business in wire manufacturing." It hasn't been determined that the whole people by way of their government shouldn't manufacture wire. Regardless, right now, we live in a mixed economy where the public roads are built with tax dollars and via bond issues and such and constructed by the private (albeit often publicly traded) road-construction contractors. How was the Internet created? DARPA is the answer.

In the US, we need at least 20 million jobs, good jobs affording a high quality-of-life wage (we need to go further, but this is a start). Job creation has been deliberately held down, as systemic unemployment ostensibly fights the possibility of hyper-inflation (but only within the current monetarism, which is flawed and which the NEED Act terminates).

The New Deal put millions to work via public-works projects and the Civilian Conservation Corps, etc. It then publicly employed millions more via the publicly owned and funded US military to wage violent wars rather than produce non-violent essential goods and services (which we could and should have done and still can and which the NEED Act is designed to do – thank God!). The unemployment rate fell from 25% (non-farm workers) to near zero over the course of that whole New Deal/Keynesian process.

Now, you further wrote, "Only the free market can adequately provide the services needed by a civilized society." By "free market" of course, you mean anarcho-capitalism, which is an oxymoron. Regardless, the New Deal created the TVA. I don't know of any intelligent person who believes that the massive rural-electrification project was not needed or that it was not civilized or civilizing. It was not without flaws, but are we not speaking in general terms here? We are. However, we can become as specific as required in order to conclude whether or not anarcho-capitalism is the best or worst choice for organizing and bringing forth. I say that it is fatally flawed by reason of its first principle of selfishness over the righteous giving-and-sharing spirit.

You say to read Antal Fekete. I have. I did years ago. I rejected his ideas then. Nothing has changed. You should read about the Giving Economy, and extend an enhanced version of that concept to the whole of humanity, including each "capitalist." It is the spirit of capitalism that is fundamentally wrong. You construct your whole ideology on a flawed spirit.

You also wrote, "BUT ONLY PHYSICAL MONEY CAN EXTINGUISH DEBT!!!! Fiat currency IS DEBT. HOW CAN DEBT EXTINGUISH DEBT?" Are you yelling at us? Why do libertarians always find it necessary to use all caps?

"But only physical money can extinguish debt! Fiat currency is debt. How can debt extinguish debt?" (Ah, much better)

For one, debt-money repaid is extinguished; but, governments can tax and destroy rather than recirculate. These are fundamentals. We can hardly have a fruitful discussion without them. We do argue here over things harder to grasp, but everyone who has been heavily engaged here without doubt understands the fundamentals I've just mentioned.

As for a Gold Standard of any type, John Hermann has adequately stated that there is insufficient gold.

We need super real-economy growth. The NEED Act (even as-is, flaws and shortcomings and all, were its spirit truly followed by the MA, etc.) would go a long way to that end. Anarcho-capitalism would have none of the environmentalism, anti-child-labor, Populist/Progressive spirit of the NEED Act Movement. Gold mining is fraught with environmental degradation. United States Money as cyber bits is much less so right from the start. Gold mining sans governmental regulations would see preteens slaving away for less than it would take to feed them and would also do so where a mining cave-in would simply mean sending in more children to still dig for gold, as gold buys more children.

In addition, the superrich have the most gold. How is that fair or right or just? They bought it via what justified system? I'm not advocating violent revolution to strip the Ponzi-scheme artists of their gold holdings. I'm designing a system where their gold holdings aren't worth the paper they're recorded on. Let them eat cake? No, under the NEED Act, we don't leave anyone starving.

No, we don't need or want a gold standard. It would be a complete disaster, worse than what we have now. United States Money issued for the purposes stated by Dennis Kucinich in his NEED Act is exactly the right next step for humanity. It will lead to even better, and I'm looking forward to all of those right steps to follow. Don't do anarcho-capitalism, Mark. It's a dead end.

You said, "Government has the most important role there is in civilization!!! It is not taking care of us. It is protecting us from those who are unwilling to produce for themselves." Am I my brother's keeper? And who is my neighbor?

No, Mark, every house is governed. Fathers could throw their children to the wolves. How is it better that everyone produces for himself or herself rather than combine to raise the barn? Why stop at barn raisings?

As for your qualified anti-coercion, you are against all coercion unless it is to protect capitalists you expect us all to believe will otherwise act morally (if they are "pure" capitalists). Have you ever read about Nabal? You side with him. Government is to protect Nabal, but not tax Nabal to provide for those others who need protecting from those who hoard and withhold. Whose land is it, Mark? Who was the first person to utter, "Mine," as opposed to ours? What is original sin?

"Now the name of the man was Nabal; and the name of his wife Abigail: and she was a woman of good understanding, and of a beautiful countenance: but the man was churlish and evil in his doings; and he was of the house of Caleb." (1 Samuel 25:3)

You see, Mark, you're calling people to not be coercive against the hyper-greedy and acquisitive but to use violence to protect them from those who are crowded out by them. I, on the other hand, am calling people, all people, to change their fundamental spirits from selfishness and coercion of any type to giving-and-sharing all for all. So, if we are about changing the world from its current state, why aim at the error that is anarcho-capitalism rather than what's fundamentally truly right?

[Here's the whole thing, which I did not post to LinkedIn, as it is so long for them.]

And Samuel died; and all the Israelites were gathered together, and lamented him, and buried him in his house at Ramah. And David arose, and went down to the wilderness of Paran. And there was a man in Maon, whose possessions were in Carmel; and the man was very great, and he had three thousand sheep, and a thousand goats: and he was shearing his sheep in Carmel. Now the name of the man was Nabal; and the name of his wife Abigail: and she was a woman of good understanding, and of a beautiful countenance: but the man was churlish and evil in his doings; and he was of the house of Caleb. And David heard in the wilderness that Nabal did shear his sheep. And David sent out ten young men, and David said unto the young men, Get you up to Carmel, and go to Nabal, and greet him in my name: And thus shall ye say to him that liveth in prosperity, Peace be both to thee, and peace be to thine house, and peace be unto all that thou hast. And now I have heard that thou hast shearers: now thy shepherds which were with us, we hurt them not, neither was there ought missing unto them, all the while they were in Carmel. Ask thy young men, and they will shew thee. Wherefore let the young men find favour in thine eyes: for we come in a good day: give, I pray thee, whatsoever cometh to thine hand unto thy servants, and to thy son David. And when David's young men came, they spake to Nabal according to all those words in the name of David, and ceased. And Nabal answered David's servants, and said, Who is David? and who is the son of Jesse? there be many servants now a days that break away every man from his master. Shall I then take my bread, and my water, and my flesh that I have killed for my shearers, and give it unto men, whom I know not whence they be? So David's young men turned their way, and went again, and came and told him all those sayings. And David said unto his men, Gird ye on every man his sword. And they girded on every man his sword; and David also girded on his sword: and there went up after David about four hundred men; and two hundred abode by the stuff. But one of the young men told Abigail, Nabal's wife, saying, Behold, David sent messengers out of the wilderness to salute our master; and he railed on them. But the men were very good unto us, and we were not hurt, neither missed we any thing, as long as we were conversant with them, when we were in the fields: They were a wall unto us both by night and day, all the while we were with them keeping the sheep. Now therefore know and consider what thou wilt do; for evil is determined against our master, and against all his household: for he is such a son of Belial, that a man cannot speak to him. Then Abigail made haste, and took two hundred loaves, and two bottles of wine, and five sheep ready dressed, and five measures of parched corn, and an hundred clusters of raisins, and two hundred cakes of figs, and laid them on asses. And she said unto her servants, Go on before me; behold, I come after you. But she told not her husband Nabal. And it was so, as she rode on the ass, that she came down by the covert of the hill, and, behold, David and his men came down against her; and she met them. Now David had said, Surely in vain have I kept all that this fellow hath in the wilderness, so that nothing was missed of all that pertained unto him: and he hath requited me evil for good. So and more also do God unto the enemies of David, if I leave of all that pertain to him by the morning light any that pisseth against the wall. And when Abigail saw David, she hasted, and lighted off the ass, and fell before David on her face, and bowed herself to the ground, And fell at his feet, and said, Upon me, my lord, upon me let this iniquity be: and let thine handmaid, I pray thee, speak in thine audience, and hear the words of thine handmaid. Let not my lord, I pray thee, regard this man of Belial, even Nabal: for as his name is, so is he; Nabal is his name, and folly is with him: but I thine handmaid saw not the young men of my lord, whom thou didst send. Now therefore, my lord, as the LORD liveth, and as thy soul liveth, seeing the LORD hath withholden thee from coming to shed blood, and from avenging thyself with thine own hand, now let thine enemies, and they that seek evil to my lord, be as Nabal. And now this blessing which thine handmaid hath brought unto my lord, let it even be given unto the young men that follow my lord. I pray thee, forgive the trespass of thine handmaid: for the LORD will certainly make my lord a sure house; because my lord fighteth the battles of the LORD, and evil hath not been found in thee all thy days. Yet a man is risen to pursue thee, and to seek thy soul: but the soul of my lord shall be bound in the bundle of life with the LORD thy God; and the souls of thine enemies, them shall he sling out, as out of the middle of a sling. And it shall come to pass, when the LORD shall have done to my lord according to all the good that he hath spoken concerning thee, and shall have appointed thee ruler over Israel; That this shall be no grief unto thee, nor offence of heart unto my lord, either that thou hast shed blood causeless, or that my lord hath avenged himself: but when the LORD shall have dealt well with my lord, then remember thine handmaid. And David said to Abigail, Blessed be the LORD God of Israel, which sent thee this day to meet me: And blessed be thy advice, and blessed be thou, which hast kept me this day from coming to shed blood, and from avenging myself with mine own hand. For in very deed, as the LORD God of Israel liveth, which hath kept me back from hurting thee, except thou hadst hasted and come to meet me, surely there had not been left unto Nabal by the morning light any that pisseth against the wall. So David received of her hand that which she had brought him, and said unto her, Go up in peace to thine house; see, I have hearkened to thy voice, and have accepted thy person. And Abigail came to Nabal; and, behold, he held a feast in his house, like the feast of a king; and Nabal's heart was merry within him, for he was very drunken: wherefore she told him nothing, less or more, until the morning light. But it came to pass in the morning, when the wine was gone out of Nabal, and his wife had told him these things, that his heart died within him, and he became as a stone. And it came to pass about ten days after, that the LORD smote Nabal, that he died. And when David heard that Nabal was dead, he said, Blessed be the LORD, that hath pleaded the cause of my reproach from the hand of Nabal, and hath kept his servant from evil: for the LORD hath returned the wickedness of Nabal upon his own head. And David sent and communed with Abigail, to take her to him to wife. And when the servants of David were come to Abigail to Carmel, they spake unto her, saying, David sent us unto thee, to take thee to him to wife. And she arose, and bowed herself on her face to the earth, and said, Behold, let thine handmaid be a servant to wash the feet of the servants of my lord. And Abigail hasted, and arose, and rode upon an ass, with five damsels of hers that went after her; and she went after the messengers of David, and became his wife. (1 Samuel 25:1-42)

Monetary Reform: Series 1

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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