practical

common sense gets an upgrade

Since the 1970s, our common sense of the capacity that Pensions & Endowments derives from their legally constituted character as large, programmatic and sef-perpetuating “forever machines” has been pushed out of intergreting fiduciary duty by the experts in the financial mathematics of profit extraction from volatlity and growth in market clearing prices for securities in the markets for maintaining volatility and growth in the market clearing prices for securities.

It’s time to push those experts out, and reassert the common sense of prudent people who care enough to take the time to make the effort to make ourselves familiar with the capacity Pensions & Endowments derive from their size, purpose and time to use the personal computing technologies of spreadsheet math, desktop publishing and digital communication to allocate the aggregations society entruts to their plenary powers of discretonary authority through the financial mathematics of equity paybacks to an actuarial/fiduciary cost of money, plus opportunistic upside, from cash flowing through enterprise modeled as Chart of Accounts for transforming cost-for-value into value-for-price that is prioirtized by contract for

Suitability of the technology of transformation to the circumstances prevailing the the time;
Duration of the social contract between the Enterprise and Popular Choice over time
Dignity in how the business does business all the time

           
what kind of world
do we want
and how
can we make it happen?

Simon Mair, MEND Network


THIS is the world we want

THIS is how we can make it happen


allocating Fiduciary Money through Equity Paybacks from current cash flows through Enterprise, prioritized by contract for:

  • Suitability of the Technology to the circumstances prevailing at the time;
  • Duration of the social contract between Enterprise and popular choice over time; and
  • Dignity in how the business does business all the time, across all six vectors of cash flow through Enterprise, including:
    • Fair Trade, with suppliers;
    • Fair Engagement with communities, of place and of interest;
    • Fair Reckoning with the consequences, on Nature, Society and the Future;
    • Fair Working, in the workplace;
    • Fair Dealing, in the marketplace;
    • Fair Sharing, with savers whose savings are the “raw material” form which financiers fashion capital for business.