When in the Course of human events, it becomes necessary for people to re-form bonds which connect them one with another, and to assume among the powers of the earth, the different yet equal station to which the Laws of Humanity entitle them, a decent respect to those most in need requires a Declaration of Independence.
We hold these truths to be self-evident, that all life is created equal, that the power we have as humans comes with responsibilities and duties. That government is established only to guarantee all peoples their Rights. Chief among these Human Rights are Life, Liberty and the pursuit of Happiness.
WE depend on each other in increasingly complex and interconnected ways as global networks develop. These networks were initially developed as a government military tool has now generated a new economy a new generation of billionaires. Most of the world is connected; and now we need to complete the process of linking every person in the world to each other. And build the global systems to provide local resources and control.
How would this work?
With a global network for all, all can contribute to global decisions. And create global governance with local control.
What do we need from government: safety and security; stable currency with secure transactions; regulatory oversight to protect consumers and prevent cheating. We have also got used to the benefits of government provided services for health and education; perhaps this needs to be extended to provision of housing, food and sex, given the importance of both to health.
Communities can decide on how best to provide such services, and perhaps even which services to provide. As long as certain agreed global standards were achieved in outcomes. But there is a need for global infrastructure: war, money, regulation, and more. I touch on the first three.
A truly global military force, by definition, would means no more war between nations. The military resources of the world could be directed to internal security and community building, with a focus on preventing any abuse of Human Rights abuses such as actions of the so-called Islamic State and Warlords like Kone.
A single global financial system for money exchange and storage enables easy introduction of the fairest tax system with virtually no transaction costs: financial transaction tax. It could eliminate the need for income taxes, especially if ‘vice taxes’ were also used. The distribution of tax revenue to communities would also be automated and based on the source of the revenue; implicitly requiring communities to be financially viable to continue to get funding.
Any grouping of at least 150 people can form a community; but such small communities may not be viable for delivery of social services. Probably there should be no upper limit. Whilst there may be some dangers if any single community gets too large/powerful, the principle of local control must prevent interference by system design. This will need careful building; other safeguards may be needed?
People are not limited by geography in the communities that they can join; there may need to be some transaction costs to prevent excess mobility; or perhaps incentives will become common to encourage people to join certain communities.
The need for market regulation is reduced by the consequence of a single global financial transaction system, that removes the need for much of the current financial sector. The new information infrastructure would include many other elements, linked to the financial transactions and the capacity to use Big Data to monitor commercial activity to prevent abuse and cheating. The IT would be developed and run by those currently doing this in the private sector, rather than government. But reconstituted into a global public good company, whose primary role is to keep the interweb safe, monitor and prevent unproven claims, and ensure smooth operation for the increasing demands of data. Specialised agencies for medicines etc. will be more efficient as a global network, rather than as multiple national agencies, each repeating each other’s work.
At present, most new money is generated by private bank lending. The global financial transaction system can create money with the flick on an electron. But the amount of new money generated must be linked to overall economic activity to help maintain the stability of prices. Investment decisions will be made mostly by local communities, but there is also a need for global infrastructure and indeed of a global governance. One vote per community; no elected officials except those chosen at random to limit lobbying influence. A professional global bureaucracy to support communities in developing service delivery models to meet their needs; and to manage the global infrastructure, including financial transaction system.