Shifting to Equity Paybacks

Why You?

YOU, me, and all of us are
The Hypothetical Prudent Person

As a 21st Century planetary citizen, YOU can contribute to deliberations on

  • the circumstance now prevailing;
  • the capacity that Pensions & Endowments derive from their character as large, programmatic and self-perpetuating “forever machines”; and
  • their prudence in their exercise of that capacity in undivdied loyalty to their aims.

My argument is that

  • the circumstances now prevailing include ubiquitous availablility of personal computing technologies of spreadhseet math, desktop publishing and digital communication; and
  • that under these circumstances, Pensions & Endowments derive from their character as large, programmatic and self-perpetuating “forever machines” the capacity to use these technologies to allocate the aggregations they control;
    • through the financial mathematics of
    • exit through amortization
    • to an actuarial/fiduciary cost of money,
    • plus opportunistic upside,
    • from cash flows through business as a Chart of Accounts for transforming cost-for-value into value-for-price
    • by concentrating time, effort and expertise
    • to create through curation
    • a surplus of unique artifacts
    • of technology
    • as knowledge of how the world about us works, in some specific way, and how we can take the world about us, as we find it, and change it to work more a way we choose to make it
    • as a solution to one or another of the everyday problems of everyday people living our own best lives, as best we can, under the circumstances then prevailing,
    • in abundance
    • for sharing with others
    • in exchange for a price paid in money
    • prioritized by contract for
      • Suitability of the technology to the circumstances prevailing at the time
      • Duration of the social contract between the 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 the business:
        • Dignified Trade, with suppliers;
        • Dignified Engagement, with communities, of place, and of interest;
        • Dignified Reckoning, with the consequences, on Nature, and on Society and on our shared Future;
        • Dignified Working, in the workplace;
        • Dignified Dealing, in the marketplace; and
        • Dignified Sharing, with the savers whose savings are the raw material out of which capital for busienss is created through finance.

It takes – some might say an Herculean – effort to follow the logic from forever money through spreadsheet math to accountability to the common sense of prudent people who take the time to make that effort.

But those of us who do choose to make that journey emerge on the other side as 21st Century planetary citizens with the legal right to contribute, individually, to local community engagement in globally curated deliberations on:

SUITABILITY 

fitness to purpose under the circumstances now prevailing

Duration 

DIGNITY 

Dignified Trade

Drill Down into the economy as a network of connections for enterprise and exchange

Go>>>

Dignified Engagement

Drill Down into the economy as a mutual aid society for sharing abundance

Go>>>

Dignified Reckoning

Drill Down into the economy as a constantly changing and adaptively evolving Human partnership with Nature, and each other 

Go>>>

Dignified Working

Drill Down into the economy as an artificial world of technology solutions that we make for ourselves in which to live

Go>>>

Dignified Dealing

Drill Down into the economy as as a safe and dignified house for humanity

Go>>>

Dignified Sharing

Drill Down into money, and finance and the institutions of agency, authority and accountability through which society makes social choices

Go>>>

Join the journey,by talking about the crises,
their origins and their resolutions.

Next: Why Now?

           “
 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
  • Stewardship of how the business does business all the time, across all six vectors of cash flow through Enterprise, including:
    • Stewardship of Trade, with suppliers;
    • Stewardship of Engagement with communities, of place and of interest;
    • Stewardship of Reckoning with the consequences, on Nature, Society and the Future;
    • Stewardship of Working, in the workplace;
    • Stewardship of Dealing, in the marketplace;
    • Stewardship of Sharing, with savers whose savings are the “raw material” form which financiers fashion capital for business.