Chapter 14. New market rules.

1. This chapter's goals.

The market is the frame within which this essay on the possibility of reforming the money system is included, on the basis of the advantages of present day information science. The hypothesis submitted is that the money system must be scientific and, therefore, fully informing on all the mercantile operations effected¹. Besides, this information must be at the disposal of anybody needing it.

Even if the market is the reference all along this essay, we have not yet dealt explicitly with it. This chapter will be dedicated to a consideration of the new forms which might adopt a market with the submitted money system.

We will not consider now the technical effects which we have already described: scientific knowledge of the market, global analysis and statistics of the market, statement of market equilibrium strategies, etc., but we will try to go farther in order to introduce possible innovating social practices inside the market.

The so-called «free market», the object of so much enthusiasm and so many curses in historical criticism in the last two centuries, is a key element of the social framework. In fact the rules of market working -not the strictly monetary ones, but all of them- have a great importance for the development of the total geo-political society.

Definitely, therefore, in this chapter we will try to show that the suggested monetary reformation can be the basis for working out new «mercantile rules» to make possible the constitution of an actually free market, within an actually free society.

2. Liberty and disorder in the market.

«Free market», as the liberty of working in it without submitting to any discipline, of an equilibrating ruling of opposed forces and interests, has always been a fake. In practice the strongest ones have controlled the weaker ones.

Large companies sweep small companies, entrepreneurs exploit workers, advertising handles consumers..., all sorts of injustice and mercantile crimes have been brought about and still are, under protection of anonymous money, which grants complete impunity to its users. The power of anonymous money in the market, by extending its corruption to the whole of society, is called plutocracy.

In the face of this so evident reality of permanent corruption of the market, many have preferred to deny it, suggesting the introduction of a bureaucratic planning to fix what must be produced, how, when, to whom it must be sold, what must be saved..., according to the needs of the population.

But historically this system of state centralization has not completely reached the expected results and it has actually caused new rebel forms of free market and of black market inside it.

A more realistic possibility is to find and fix mechanisms to avoid market liberty to become disorder and plutocracy.

An actual market liberty means:

The key to an actually free market is responsibility. Only clearness and transparency, made possible by a documental personalizing monetary instrument, can avoid plutocracy, «the occult power of anonymous money» which transforms «liberty» into oppression.

Thanks to the telematic cheque-invoice, judges of a «justice specialized in the monetary market» will be in a position to have all the omni-personalized documentation, for every actual case and concerning monetary operations. As we have already said in chapter 7, perusal of personal files must be reserved only to justice. Any mercantile operation will allow to be known and objectively judged.

A clear market, actually free and responsible, can, without any fears or doubts, try to reach the following goals:

But before going on, we must clear an important point, a basic principle which must be added to the ones already mentioned, in order to reach the right market working. It is the separation between utilitarian society and liberal society. As we know, utilitarian society is composed by all the market agents and their relations. But in every society there is another sector which, since always, shows an unselfish vocation at the service of his neighbour: it is liberal society, which, even if at present is almost completely mercantilized, as a matter of fact it should be clearly distinguished and separated from the market. Only so the market can work fully and liberal activities and professions can recover their original vocation.

3. Minimal laws to protect mercantile liberties.

A really free market for everybody must obey new rules governing a field with a maximum liberty for everybody, avoiding these liberties to become an excuse or the basis to establish new power groups.

The whole of rules and norms suggested must be far from the «laissez faire» and from the classical «bureaucratic planning».

Mercantile liberties which, since always, the market has accepted, can be summed up in the following principles:

In order to protect these liberties we suggest the introduction of a number of steps, among them are the following:

The technical development and political causes of these steps will be studied in another essay.

Note:

¹Excluding, as it was said previously, personal data, whose disposal is reserved to justice.