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ID-6 Critical analysis. December 12th, 1985
Critical Analysis.
There are two characteristics of conventional money that render
it ineffective as a proper support for the convivial community.
Conventional money, being universally distributable, has no
inherent tendency to remain in circulation in any particular
community.
Conventional money, which is the essential life blood of the
economy, derives from agencies external to the community.
The combination of these factors cause excessive dependency upon
circumstances external to the commnunity and essentially beyond
its control.
Communities dominated in this way tend to become of merely
geographic significance, having little or no infrastructure which
might reflect self-direction.
Few means appear to exist by which such communities can be
induced or coerced into rational management of the flow of
conventional money.
No boundary conditions exist or can legitimately be created that
retain conventional cash without detrimental consequences ,such
as trade restriction.
However, it is entirely possible to create a specifically local
currency which ensures a money supply to the community it serves,
simply because the money is unuseable, and thus unwanted, beyond
that community.
An organism is defined by its skin, a boundary layer that
selectively allows the free transfer of some materials while
retaining others.
The more complex the organism, the more its activity is related
to internal processes than to transfers across the skin.
The only skin possessed by a community in present circumstances
is geographic and is related to transportation costs.
Since the last half century has seen transport costs steadily
decline, most of our communities have been reduced, by excessive
dependence on imports and exports, to extremely primitive and
ineffective economic processes.
You need skin.
Landsman Community Services Ltd. ID-6 Page 1
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