Who is The Hypothetical Reasonable Person?

The law of fiduciary duty, as it applies to the fiduciary stewards of social trusts for mutual aid societies for Workforce Pensions and Civil Society Endowments, requires

prudence, according to the prudent person familiar with such matters (= The Hypothetical Reasonable Person)
in the exercise of capacity
derived from character
under the circumstances then prevailing
in undivided loyalty to aims

THIS is how we democratize Fiduciary Finance.

Because WE are the Hypothetical Reasonable Person, our common sense, as sensible people who care enough to take the time to make the effort to make ourselves familiar with such matters.

THAT is the standard to which the law holds:

those who are entrusted
by society
with plenary powers of discretionary authority
over the allocation of tens of trillions
in society’s “safe” money
aggregated, collectively, worldwide,
into social trusts
for the provisioning of mutual aid societies
for Workforce Pensions
and Civil Society Endowments
to replenish their depletions
for making contractually calculated payments
to contractually qualified recipients
at contractually specified intervals
to keep the trusts they are entrusted with
correctly full
and prosperously flowing
income security
in a dignified future
to so many, directly
as a private benefit,
that it is also
of necessity
for us all, consequently
as a public good.

           “
 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.