Sunday, October 24, 2010

Relative to Leauge for Industrial Democracy and Upton Sinclair Mutual Aid Fund


Thank you for the letter.

It is quite interesting to see you (and others?) trying to take similar initiatives to the Peoples' Equity Union (i.e. the Upton Sinclair Mutual Aid Fund). My research and your correspondence indicate that we have very similar motivations, understanding, and intentions relative to ecological economic redevelopment/community betterment. I think we both understand the concept of the community/worker hybrid cooperative and would like to get very busy in implementing such in our respective communities and elsewhere.

With respect to such, I am trying to work on two fronts, the micro and the macro. It is my considered opinion that success will not occur on the local level until there is a huge critical mass of citizens that understand the fundamental root causes of the current and further impending failure of the Capitalist/Corporatist system and the need for us as a country and a world to unify in support of an alternative economic paradigm, a "plan and implement" economy based on the meeting of human needs, and not a "risk and return" motivation based on profit.

It brings to mind to mind the schism of the 1800's between Marx and Proudhon, and it is almost rendered impossible by the myriad of profit-motivated, solely self-interested endeavors that have evolved to be a highly decadent but self-perpetuating entropy of linear trajectory and the massive systematic inflation in the price of real and capital assets..

There is a fundamental accounting principle: Equity = Assets - Liabilities. Until we can bring to the fore world leaders who value equity as a fundamental universal principle (equity means ownership and it means equality), along with inclusion, humanity, altruism, well-being and quality of life, peace, and sustainability and who speak to the human condition in historical perspective and propose bold collective action by the species, the future of the human race will remain bleak.

I'd like to get your thoughts.

Thank you.

In Peace, Friendship, Community, Cooperation, and Solidarity.

Mike Morin

1 comment:

  1. I would say that our sharing of equity not be focused on cash, although cash could certainly be a part of it. Equity is also represented by the power tools in our workshop, our time to help each other with projects, space we may have to work on projects, various pieces of hardware or equipment that we may own.

    I think we need to develop a sharing economy, generally.

    -- John Tinker