First up: Why do I call this version of a post-Capitalist economy a 'threefold economy'? Although it is not obvious (until it is pointed out), Capitalism itself has three distinct and powerful sectors - hence it is 'threefolded'. The three constituent parts reside in what economists call the three factors of production, which are : Capital, Labour and Land. (I use uppercase first letters to denote their special meaning as factors of production). I am not following a textbook definition in saying the following: Land can be thought of as both land in its usual meaning as a geographical space, and also the natural resources contained therein. Labour can be thought of as the field of corporations (because they are entities in which labour cooperates in production). Capital can be thought of as the banking and finance industry. It is my contention - and this website is predicated on this - that the three factors of production should not be privately owned. I will show why they shouldn't be privately owned, and also how they can be structured otherwise to serve the common good. A threefold economy involves the de-privatisation of the factors of production without invoking the spectre of Communism.

​

A simple definition of 'commons': As used here, commons is an economic collective of all of society. This is different from the government ('public') which is a political collective. While it is too involved to discuss it here, an economic collective should not, in my view, be managed by government, or in the same way as government; and for individuals, it should be much more inclusive and participatory than even the most genuinely democratic politics.

​

Before you begin: I take it for granted that the reader has a certain basic familiarity with the 'facts' of the world. I feel that I don't have to tell you that Monsanto has been hiding the dangers of Roundup from the world and that genetic engineering companies, through their reach into governments and research/watchdog organisations, have managed to make GE food declared safe for human consumption. Nor should I have to tell you that the CIA has, since inception, been undermining and deposing governments around the world, motivated by corporate profits and access to, or ownership of, natural resources; and that it is still actively doing it today. I don't feel I need to say that the declarations on the safety of vaccines is suspect, to say the very least, on account of the role of vaccine manufacturers in governments, research organisations, media companies, and even organisations like the World Health Organisation. Such things I don't feel is my job to prove or point out - others can do this more effectively and authoritatively than I can. What I want to do is go into the 'structures' of our society that enable these forms of evil to fester. Our aim should be to disable these structures by putting forward healthy ones in their place - and this, I fear, must be done in open competition with the forces of Capitalism with all the resources they have behind them.

​

A Guide to reading the articles below

Articles are in three parts. Part I (this page) are the key articles. Part II contain a number of other articles which examine other important issues. Part III contain other articles not strictly or wholly economic in subject, and delving into areas more of a social science, political science, philosophical, or spiritual nature. Part II and Part III have their own separate page.

 

Part I

Below is a diagram showing a central article called A Bird's Eye View of Capitalism which  articulates as succinctly as possible the key issues that need to be addressed in Capitalism - issues that remain mostly overlooked even by the harshest critics of Capitalism. The same article also gives a rough outline of how these issues can be addressed with replacement practices and institutions. Running off this central article are a number of articles which elaborate in more detail the points made in A Bird's Eye View of Capitalism. There is a lot of 'inter-referencing' within these articles so that most articles require you to familiarise yourself with the contents of other articles to round off the argument. The whole is greater than the sum of the parts. Following the diagram, the article titles with their links are listed, with a short synopsis after the title. In order to minimise the risk of the reader losing sight of the forest for the trees, I have tried to make these articles as short and snappy as possible. The numbering on the articles are not in any particular order and are to make the task easier of finding the link in the list below the diagram.

​

​

​

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The numbering of the articles below correspond to the diagram above. A short synopsis follows the title. The article may be a web page or pdf file. Only articles that are underlined are active and have a link. Readers should start by reading A Bird's Eye View of Capitalism.

​

1. Why private banks should not exist. The argument for terminating private banks is not merely that the economy would be fairer and more productive if private banks were denied the right to credit creation. The very nature of money, if properly understood, does not allow – within any framework of social ethics – any private entity the right to create money.

​

2. The Bank for International Settlements – the single most powerful institution in Capitalism? From one of the vilest living person on the earth, Henry Kissinger: "Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world."[emphasis mine]. There is a pyramidal structure within Capitalism which is not known and understood. Near the top are the commercial banks, collectively speaking; above them are the central banks; governing the world’s central banks is a singular institution which is very poorly understood and appreciated – the Bank for International Settlements. Nefarious elements prefer that we never understand the importance of this institution.

​

3. The rort and deception in government bonds. Governments are not like members of the public when they ‘run out of money’. They do not have to borrow, with interest, from private enterprise – not when in principle they own a bank (the central bank) which issues the currency.

​

4. How banks and corporations take advantage of an indebted public. The perception that governments have ‘run out of money’ allows the various sectors of Capitalism to raid the public coffers even more. It depletes the state/public of financial, social, and natural resources.

​

5. Loan making in a commons bank. A commons bank is not private bank practice plus common ownership. The practices of loan making in a commons bank is totally different from what we believe is acceptable today.

​

6. Financial crisis and unearned income. Unearned income and the private ownership of assets which should only be commonly owned creates cycles of boom and bust. This devastates the real economy but on the whole Capitalism thrives on it.

​

7. What does a profit sharing cooperative look like? Cooperatives take many forms. A profit sharing cooperative takes the workers off wage remuneration for labour. They have an incentive to produce if their income is tied to profits. Only in this way can one beat the share owned corporation in terms of productivity. It is important for the human soul that labour is not a cost of production.

​

8. The nexus between the for-profit military and private ownership of natural resources. There is a historical and spiritual connection between the private ownership (or control) of natural resources and the modern for-profit military. The ties between the U.S. military and the oil industry is only the proverbial tip of the iceberg.

​

9. Why we need to be rid of share-owned corporations. Corporations are super-human legal entities which enjoy powers that individuals do not. These powers are of financial and political kinds. The former means that they can avoid and evade taxes; the latter means that they can control legislatures and the legislations that are passed; and that they are immune to many punitive measures.

​

10. Why land needs to be commonly owned; how it can be done (easily); what it looks like. Saying that land needs to be commonly owned might sound right in principle; but how it can be implemented without undermining people’s incentive to add ‘improvements’ (like buildings) takes some consideration. The transition from private to common ownership of land is much faster and easier than most people can imagine – once a commons bank exists.

​

11. A transaction tax – a total revamp of the tax system. Our current taxation system in all its variations is bankrupt in more ways than one – cumbersome and long-winded, ineffective and costly, and favouring corporations over individuals. A transaction tax has none of these features and is easy to implement.

​

12. Saving and regenerating the environment – why it can’t be done within Capitalism. There are so many features and practices within Capitalism that the environmental movement thinks is here to stay – and which it wrongly thinks can/must be retained whilst trying to save the planet. I show what these features are.

​

13. The easy-to-understand cause of unemployment and inequality. Even severe critics of inequality are hard pressed to put forward ideas to address inequality and unemployment. What they suggest are oh-so-timid and unimaginative - such as inheritance tax. Understanding and resolving inequality and unemployment is not hard if one doesn’t accept some Capitalist paradigms (such as the banking or taxation system) as inviolable.

​

14. Childcare, healthcare and old age pension in a threefold economy. The commons should have three huge streams of income: interest on loans from a commons bank; transaction tax revenue; and land rental. This income is derived from individuals' participation in the economy.  In turn, the commons helps out all its individuals when the need arises: when one has young to look after (childcare); when one is sick or disabled (healthcare); when one is old (pension). A proper welfare system is not a burden to the community if the revenue is there to support it.

​

15. The threefold economy vis a vis Capitalism and Communism. The Threefold Economy is not a compromise between Capitalism and Communism like say the Scandinavian version of Capitalism. It will be a distinctly different type of economy from these two systems. The Nazi economy was a false dialectic ('middle path') between Capitalism and Communism; the Threefold Economy is a true dialectic. But what is a dialectic?

​

16. A short history of the three factors of production. The three factors of production are not an invention by economists to create a subject of academic interest for themselves. They are deeply embedded in the history of humanity. They are related to other things of a threefold nature, such as the three social classes (aristocrats, middle class, and working class). Grasped properly, they reveal an evolution of consciousness (in a Hegelian but not Marxist sense).

​

17. Strategies for overcoming Capitalism & implementing the Threefold Economy. There are many ways in which the Threefold economy could come about. Each possibility is beset with its own difficulties and strengths, and the best option depends on what resources one has. I discuss a number of such possibilities.

​

18. The three factors of production and global governance. The attack on national sovereignty. The for-profit military, the share owned corporations, the privatised banking system. These three institutions have sought, or will seek, global domination (meaning: total control of governments and the citizens they represent) - both singly and in cooperation with each other. These institutions combined make up what has been called 'the deep state'.

​

19. The capitalist media – engineering consent. In an ‘open’ democratic society it takes quite a bit to get the members of society to acquiesce to, or accept, their lot of being oppressed and governed without any real say in the manner. This can only be done by ‘engineering consent’ through the capitalist owned media. The structures of Capitalism enable this audacious scheme to be pulled off.

​

20. Direct democracy – making democracy immune to capitalist corruption. Most people imagine that our western democratic system is complete as it is; and that any shortcomings are due solely to the all-too-human failings of our political representatives. There is a revolutionary democratic practice which offers the systemic change we need to make our democracies immune to capitalist corruption – direct democracy. Neither capitalist forces nor the major political parties will cede this power to the populace without a battle.

​

​

​