Money, Markets, Equality, Security

["John Gelles" <jjgelles@xxxxxxxx>]

	We are accustomed to great inequality of wealth
	and power in society.  Although death and misfortune
	cause the actual cast of characters to change, and
	the rich and powerful in your father's time are mostly
	replaced by other people, we can still generalize
	and say the rich and powerful are served better by
	the institutions of money and financial markets than
	most of a nation's people.

	PKT's raison d'etre is to bring greater economic
	security to people at the bottom of society, in the
	end to usher in an era of maximum equality in
	personal spending and minimum cause for envy
	in everyday life.

	So if money and markets serve the rich and powerful,
	do they also serve PKT in its quest for change?  They
	do.  Both serve an information function divorced from
	any effect on equality and economic security.  They
	serve decentralized connected systems for production,
	distribution and consumption of essential things.

	Enter digital money, markets and government
	planning.  There is no reason to believe the
	information functions of money and financial markets
	will not in time be developed for use by government
	planners.  Government itself may then have to be a
	decentralized connected system that avoids the
	vulnerable bottlenecks associated with socialist
	planning.

	More than that, the independence from	malignant
	authority that money affords will also have to be
	possible under digital systems employed in a more
	equal society.

	As we note when Henwood and Davidson get
	impatient with each other's words, so called
	"fuck you money", the power of wealth to protect
	us from oppressive authority and unpleasant
	association, is vital to any system meant to avoid
	tyranny.

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