Monday, December 22, 2014

Book review: "A Better World for All"

"A Better World for All" -- great title for the Christmas season, even better as a resolution for the New Year. But how to achieve a better world for all? Is the power of prayer our only hope? NO! says Ron McPherson, the author of a new book (or booklet -- just 64 pages) bearing the aforementioned title.

A Better World for All is the "Reader's Digest version" of Mr. McPherson's first opus, Freedom's Dawning, reviewed by Walt way back in 2010. See "'Facilitism': a better answer?"

What Mr. McPherson articulates in these books is a modern version of the Utopian ideal propounded nearly five centuries ago by St. Thomas More. Mr. McPherson argues that his system, Facilitism, can deliver to us a world without poverty, with far less stress, free healthcare, free education and... wait for it... no taxes! It will be, he tells us, a healthier world, a friendlier world, a happier world.

Skeptical? Sure. But we've tried everything else -- capitalism, socialism, communism and every combination and variant of those "isms" -- and nothing has worked. But, you may say, isn't capitalism working? Even in one of the few remaining Communist countries, China, they're now practising "capitalism with Chinese characteristics". Whereas in the United States it's socialism with Democratic characteristics. How's that working out?

The root of the problem, Mr. McPherson argues -- indeed, the root of all evil -- is money! [Haven't we seen this movie before? Ed.] Yes, others have said that if there were only more money, everyone would be fat and happy. Major C.H. Douglas, the pioneer of the British "Social Credit" economic reform movement, proposed a "National Dividend" to distribute more money (in the form of debt-free credit) equally to all citizens, to help bridge the gap between purchasing power and prices. This would be coupled with a price adjustment mechanism, which he called the "Just Price", which would forestall any possibility of inflation.

Printing more money turned out to be the wrong answer. In 1936, the Social Credit government of the Canadian province of Alberta, printed "prosperity certificates" in an attempt to alleviate the effects of the Great Depression. The federal government took umbrage, saying only it had the right to print (and thus create) money. Canada's Supreme Court agreed and that was that.

But printing money is not Mr. McPherson proposes in A Better World for All. Think about it. Who uses cash money nowadays? The world runs on credit, which is to say, bookkeeping entries made by the banks. The "dollars" created by the Fed, for instance, don't really exist in the form of cash. Can you imagine how many dollar bills it would take to stand for the trillions of dollars in the USA's national debt?

Nor are US dollars back by anything. Once upon a time you could exchange a paper dollar for a silver dollar, or even a (very small) piece of gold. Not any more. It's all credit -- more accurately, debits and credits on bank computers all over the world.

So, Mr. McPherson asks, why don't we just do away with money? It's the kind of question that might provoke a certain amount of skepticism, not to say laughter, but the author thoughtfully provides a methodology for doing just that.

When I say "thoughtfully", I mean that literally. Facilitism is a system that Mr. McPherson has been thinking about and writing about for years. It deserves consideration. Walt recommends that you get A Better World for All -- click here to explore the Facilitism website -- and give it yours.

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