Postcard Revolution

By Bob Blain

The money supply of the United States has two design defects shared by nations around the world; it is issued as interest-bearing debt and its name, "dollar," is undefined.
The series of postcards described in this book were sent to leaders of government as well as economists and sociologists to encourage them to read the books mentioned on the postcards so that they can correct those defects. Then money can work properly, helping us to share the work and share the wealth to everyone's benefit.
It will take an informed public to make those corrections take place. So this Postcard Revolution is meant for you. While it is an immensely serious subject, the postcards are meant to make the read easy, even fun.

• Language: English
• Publisher: Bob Blain
• Release date: Sep 7, 2013
• ISBN: 9781301428892

Bob Blain

Bob has a Masters degree from Harvard and a Ph.D. from the University of Massachusetts, both in sociology. He taught sociology for two years at The Ohio State University then taught sociology at Southern Illinois University Edwardsville from 1968 to his re-tirement (new tires) in 2001. He has spoken on monetary reform in New Zealand, Australia, Poland, Libya, India, and Togo in Africa as well as at many conferences in the United States and Canada.

Book preview

Postcard Revolution

Bob Blain, Ph.D.

Sociologist

Smashwords Edition

2013

ISBN 9781301428892

Table of Contents

Postcard Revolution

James Jackson and Alexander Del Mar

Net Negative Transfer

Prescription for the United States

Retail Rationality and Wholesale Insanity

The Pen of History

Grow This Big Fat GDP

Money is a Medium of Communication

Congress's Power to Coin Money

Capitalism's Obituary

Hurry! More Debt!

A Christmas Wish for Peace

Unity in Diversity

The American Iceberg

The Fourth Option: Citizen Shares

Capitalism Receives Failing Grade

Detroit Bankruptcy and Citizen Shares

The ABC of Money

Real Capitalism

Robert Morris, Financier of the Revolution

Conclusion

Other Bob Blain Smashwords Books

Postcard Revolution

With so many emails coming to us every day, I thought it would be fun and perhaps more effective, though more expensive, to send postcards to people who might be able and willing to help change the world of money.

Today, there are two things wrong with money; first, how it comes into existence - how it is created, and, second, how it is denominated - that is, how the word that names it is defined. For example, what does the word dollar mean beyond being printed on a dollar bill? These are design defects in money. We need money to live in the modern world, but it is not working as it should because of these design defects. Here I present the postcards that I have sent out so far to encourage leaders to correct these defects so that money will work properly, helping us to share the work and share the wealth that our work produces to our mutual benefit.

Before I do that, let me give you an overview of my thinking.

I believe that people are the real capital of nations.

What we call government is when we come together to make rules about how we the people will behave.

What we call the economy is when we spread out to do our own thing.

If we are to cooperate effectively and efficiently on which our lives depend, we must have the proper rules to govern our economic behavior. Without the proper rules, especially about money, our lives are brutish, nasty, and short, to use Thomas Hobbes' phrase for life in the state of nature.

We need to be able to do our own thing in a responsible manner. Responsible means to be able to respond as the need arises in our everyday lives. We must have the knowledge and the power to be responsible.

We live by rules. For example, automobile speed limits give drivers the power and knowledge to drive responsibly. For the same reason, we need rules to govern our economic behavior. It is best to make those rules together - democratically.