Dear Keith,
I spent about half an hour dipping into the
internet version of the book but had some difficulty in discovering the answer
to certain questions, of which the following are but some.
Can you answer them for me?
1. Does Carey have any proposal
for those who are not employed in the usual sense?
2. What is meant by "money
should be a neutral medium of exchange"?
3. a) Am I
right in thinking that Carey views the money supply (which must be "ample, low-cost, non-volatile and patient")
as directed solely at capital investment and in no way directed at
consumption?
b) In
Carey-land, who issues the money supply?
c) To
whom?
d) For what
purpose?
e) Is
interest attached?
f)
Apart from optimistic exhortation, exactly how does Carey propose to make
the money supply ample, low-cost, non-volatile and patient?
4. In what way is Carey saying
anything more than that employees should be involved in their corporation,
and should share in the profits, and should have an ESOP and
stock purchase (out of the employee's earnings) etc?
5. Does Carey have anything to
say about a corporation sacking its employees (when, for example, it is no
longer at the leading edge of technology)?
6. a) Is
there any relation between what Carey is saying and Social Credit? If
so, what is it?
b) Specifically, what (proposed) financial reforms of
the 1930s are being referred to?
7. Is there any relation
between what Carey is saying and the position of COMER? If so, what is
it?
8. Is Carey saying anything
new? If so, what?
9 How does what Carey is saying
differ substantially from, say, cesj's Justice-based
management?
10. You state
Carey "comes back at the end to essentially the same conclusion as
Douglas: the vision will be constrained until the parasitical financial
adversary is defeated, and that will take an informed as well as an outraged
(or more likely desperate) citizenry."
I am fascinated by this
statement because it seems to hint at something which I did not come across in
my (admittedly brief) dipping into the internet text. What are
the precise arrangements Carey proposes for defeating the "parasitical
financial adversary"?
I look forward to your response.
Rodney Shakespeare.
PS I hope this is not a
duplicated email -- I have tried to send it three times because of a computer
problem.