David Ciepley - After Neoliberalism: Toward a Stewardship Economy
Автор: American Monetary Institute
Загружено: 2025-10-16
Просмотров: 65
Money reformers are outraged that corporations, chartered as so-called private commercial bank corporations, have had the de facto right to create as much as 95% of the new money entering the economy, money accounted for as debt — i.e., unfreedom — that is, backed by the government. David Ciepley is outraged that all commercial corporations, all, not just banks, are treated as if they were self-created by individuals, owing nothing to government, and owning the rights of citizens. All of Ciepley’s work is concerned with the threat of corporations to public freedom. In a series of groundbreaking publications, Ciepley has relentlessly challenged the agency of neoliberal capitalist ideology and its domination by private corporate power. The neoliberal corporation has become the world’s dominant institution. But corporations are franchise institutions, created by a charter issued by a public authority. For one purpose and one purpose only, as agents responsible for public well-being. The question driving Ciepley’s work is whether a corporate economy can be, or is, compatible with constitutional democracy. In this talk, he explores alternatives to the stockholder-dominated corporation, in particular, exportable stewardship alternatives, such as the Danish system of “industrial foundations.” Such corporate arrangements were once common in the US before a tax law change in 1969.
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