[P2P-F] Fwd: Alan Avans on the difference between distributism, social credit, and binary economics

[Michel Bauwens]

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Hi Michel,
Alan Avans commented on your status.
Alan wrote: "That's a dangerous kind of question to attempt to answer. Opens
up cans of worms. Distributism and binary economics emphasize the universal
access to property and productive capacity. BE creates universal capital
ownership by creating universal access to capital credit. Because the
purpose of production is consumption, Social Credit creates universal access
to credit for the purposes of liquidating the costs of production from
outside the pricing system of the private sector. This issue of credit,
which would take the form of a both a national dividend and a compensated
price mechanism administered at the retail level and would be sufficient to
fill a gap in consumer purchasing power. The basis for issuance of both the
national dividend and the compensated price is 'Real Credit' or the
productive capacity of a nation and can be roughly understood as 'full faith
and credit' which in turn has been reduced to a tax base. In as much as
there is a relationship between BE and Social Credit (this has been a very
hot debated topic in the past!)"

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