You are saying that if I want clarification of your
perspective I should read Armstrong?
I have read the work of both Armstrong and Lietaer, but disagree with both. Both believe in the omnipotence of central planning.
I'm less interested in the "ideal" monetary system than I am in the next one. Nothing emanating from central planning will ever be ideal, that's the whole raison d'être of
central planning - to tilt the playing field, because those doing such planning do not understand their own value and perceive "others" (in this case other states) as a threat. They are fearful of engaging without artificial advantage in case they are found wanting.
I can see your position from your diagram. The state is at the centre of your digram of "power"! The state!!! While you neglect to tell us the nature of this state, the fact that it is at the centre indicates that there can be no personal freedom, as the state is more important
. One cannot be allowed to be responsible for oneself when the state is more important than you... what function would the state have in such a situation?
Individuals being free to be responsible for themselves supplies just this diversity
Paul wrote:It is like ecosystem, to be sustainable you need diversity. Government will have to adapt to modern times ...
. Government can adapt by stepping aside.
I could ask a very long list of questions based upon your "clarifying comment" alone (how does one hotlink to individual comments on this forum?), but you have not yet answered any of the other questions from my last comment, just asked if I read Armstrong.
Armstrong is a very clever guy, to be sure. He was the first to successfully adapt to the floating fx environment post 1971 by modeling a "virtual currency" for himself which gave him a reference point inside the system, and a huge advantage over everyone else. Well done. His problem now however is that he remains in that perspective, thus the only way forward on such terms is further complications, and further state controls and diktats. Because of the past success of his perspective, Armstrong is hamstrung by it.