EnMo Economics

Managing Money as a Human Right (Part 2)

Demurrage
Demurrage is part of the wider system called EnMo economics. In this model the main business of the state is ensuring that people have enough of everything they need of essential goods and services. To this end the state ensures that anyone who wants to work is able to do so, helping to provide those essential goods and services.
There are a couple of basic concepts to understand before explaining a little detail about demurrage.

Managing Money as a Human Right

There are two main problems with existing monetary theory. The first is serious, the second is mainly a technical administrative issue.
The first and most serious problem with monetary theory, which is seldom directly addressed, is the fact that money supply is nearly always controlled by a super-rich and powerful minority and, more to the point, is nearly always controlled in such a way that suits the personal interests of the super-rich and powerful – not the interests of society as a whole.

A Stairway to Heaven (Part Two of Two)

EnMo economics is an economic theory that suggests the proper role of the state in the economy is to ensure that all its people have Enough of everything they need to live secure, comfortable and happy lives, whilst also ensuring that the private sector is able to supply more in terms of non-essential products and services. This is a very important but quite simple distinction to make — although there would always be some unimportant blurring at the edge where essential meets non-essential.