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Itty Bitty Bigger World - Protocol Economics



From: Protocol Economics Working Group

Re: A Public Statement On Economics

Economics is the study of systems for handling and transferring energy. The symbol referent we use is 'money' or 'currency.' The energy involved is social and technological.

Economics carefully considers some costs and utterly neglects others.

The Economic Working Group (EWG) has attempted to work on these hidden assumptions behind costs.

One is that the effect of human activity on the global environment is an enormous sunk cost.

Another is that discrimination against human beings for non economic reasons is another enormous sunk cost.

A third is that the unspoken, and often unwritten, expectation that the bearing gender do much of the work of reproduction, child rearing and home management is a true TRIPLE THREAT to any reasonable economic analysis of societal issues and problems.

We have been forced to abandon the 'cost pit' as it does not have the solutions Protocol demands.

We have focused instead on transactional analysis. The economic system that best captures information as part of the process is capitalism. This is because of the information carried as a product is conceived, manufactured, advertised, distributed, shipped and ultimately sold and consumed.

However, consumer capitalism has many other transactional problems, circling back to inadequate capture and analysis of costs.

Protocol demands a working answer, now. Capitalism is that answer, today. But it is neither the final nor the best answer.

Accordingly, the Economics Working Group, with great reservations, has proposed a system of formal regulation and price supports in which the real costs of Protocol measures are openly considered and managed.

But also paid. Potable water and nutritious food are human rights. So is a high level of health care for all persons. So is supportive care for those who cannot support themselves. We don't fail to provide them because we can't "afford" to.

Whatever it costs, is whatever it costs. Whatever it takes is whatever it takes.

Protocol demands no less.
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