The Great truth – Part One

My Utopia is in a country where the people’s majority sets the maximum income. As such, no one can earn more than their appropriated share. The amount that is considered maximum is based upon sufficiency, which is based upon current living standards being nice but in an ancient epicurean sort of way. The maximum is adjusted by consistent 2-year cycles of performance in the country’s GDP. The whole operation is very much like a casino. The federal government takes a sufficient portion to operate and assure execution of the country’s objective – peace, safety, and protection. The rest is divided equally amongst the states and principalities to handle their affairs. Operating outside of one’s budget requires resolution between states. This may come in the form of loans between states. The federal government operates outside of the state’s realm – only to assure protection from other countries and to assure fair and free trade between the states. Otherwise, it has no function, except to assure free and effective commerce.

However, it finds that it must create a banking system where one monetary unit is recognized as sovereign throughout the country in order to assure free and effective trade that ultimately boosts revenues that lead to greater profits for the federal government and so on.

To be continued . . .