Saturday, December 23, 2023

Government Modes: Financial Capitalism

Government Modes: Financial Capitalism

Imperial Democratic Republic Mode- The stock markets and financial capitalists are unregulated. There are no laws that prevent normal banks from making investments. There are no laws that prohibit financial capitalists from not looking after the interests of their client/customer/consumer.
There are no laws that prevent financial capitalists from contributing to political campaigns. Hedge funds, margin traders, and derivatives traders are in abundance. There is a private entity printing the currency.
direct democratic Republic Mode- There are no stock markets or financial capitalism, period. All loans from state-approved banks finance business growth and capital expenditures.
Representative Republic Democratic Mode- In this mode there are stock markets. Only flesh and blood individual(s) can buy stocks and bonds and they have to go to an authorized dealer to make such purchases. Individual(s) must hold on to each purchase for at least a year otherwise they will have to pay a pre-payment penalty of at least 5% of the purchase.
There are obviously laws that allow only flesh and blood American citizens to publicly contribute to a political campaign. Banks cannot serve as an authorized dealer. There are laws that prohibit authorized dealers for not looking after the interests of their client/customer/consumer.
In this mode, only a cabinet-level public agency is allowed to print currency. The printing of currency should be based on an agreeable fixed standard.
All cases of law and equity adjudicated by courts must be free of attornification. Individual(s) must present his/her own case. In a criminal case, that individual(s) is entitled to assistance of counsel. In a civil case in which disputes have occurred, assistance of counsel must be banned.

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