From Agricultural Plantation to Financial Plantation: Structural Continuities in Caribbean Political Economy | ChatGPT5.1 & NotebookLM

This essay examines the enduring structural continuities between the Caribbean plantation economy and the contemporary financialized development system. While legal emancipation and political independence dismantled the juridical foundations of slavery and colonial rule, they did not fully replace the underlying architecture of external dependence, surplus extraction, and constrained domestic accumulation. The analysis reframes the plantation as a vertically integrated extractive system whose core economic logic persists today through capital monopolies, debt discipline, external price-setting, and policy conditionality. It introduces the concept of the “financial plantation” to describe how modern Caribbean economies remain structurally exposed to external markets, interest-rate cycles, and capital flows they do not control. The paper further analyzes the political economy of seasonal abundance and cultural spectacle as short-term demand stabilizers within structurally fragile economies, and interrogates the role of symbolic institutional legitimacy under conditions of limited monetary sovereignty. The central policy implication is that true post-plantation transformation requires not incremental reform, but design-level replacement of extractive economic architectures with endogenous, regenerative, and resilience-oriented development systems.

From Credit Creation to Coherent Economies: Reclaiming the Monetary System for Regenerative Value | ChatGPT4o

This white paper critically examines the architecture, consequences, and reform potential of modern money creation, drawing on the empirically validated Credit Creation Theory advanced by economist Richard Werner. It contends that commercial banks do not merely intermediate existing funds or lend out reserves — they create new money ex nihilo through loan issuance, shaping the economy’s structure in ways that are largely opaque, under-regulated, and often misaligned with public good.

The paper contrasts the three prevailing theories of banking, synthesizes macroeconomic and legal evidence, and outlines the systemic implications of credit misallocation — particularly the bifurcation between productive and speculative credit. It then presents a regenerative alternative: a coherence-based model of monetary design in which credit creation is transparently aligned with ecological sustainability, social equity, and life-value.

The recommendations include credit guidance policies, public banking infrastructure, legal frameworks for monetary sovereignty, and curricular reform for economic literacy. Through a fusion of empirical rigor and normative clarity, the paper positions credit design not as a technical afterthought but as a foundational act of collective authorship in the unfolding of coherent economies.

From Price Stability to Life Coherence Reclaiming Economic Governance through Moral Clarity, Sovereign Capacity, and Regenerative Provisioning | ChatGPT4o

This white paper challenges the prevailing economic orthodoxy that prioritizes inflation control above the provisioning of life’s essential needs. Drawing on Modern Monetary Theory (MMT) and Life-Value Onto-Axiology (LVOA), it exposes how austerity, inflation panic, and fiscal “discipline” serve to protect capital while depriving people and ecosystems of care. We argue that public finance must be reclaimed as a moral and practical instrument of life coherence, not merely monetary control. This synthesis integrates the technical clarity of MMT with the philosophical depth of LVOA to propose a new economic paradigm: one where sovereign capacity is used to provision sufficiency, where inflation is managed without deprivation, and where metrics reflect what truly matters — human dignity, ecological stability, and systemic wellbeing.

From Price Stability to Life Coherence: Reframing Inflation and Fiscal Policy through the Lens of Life-Needs Provisioning | ChatGPT4o

This white paper challenges the conventional economic doctrine that prioritizes inflation control over the provisioning of life’s essential needs. By integrating insights from Modern Monetary Theory (MMT) and Life-Value Onto-Axiology (LVOA), we argue that the dominant fiscal and monetary policies are structured not around the well-being of people or ecosystems, but around the protection of capital. Through a critique of neoliberal assumptions and an exploration of sovereign spending capacity, this paper reframes inflation not as a threat to suppress, but as a constraint to be managed in service of life coherence. We offer a new framework for evaluating economic success, grounded in human dignity, ecological sustainability, and systemic provisioning sufficiency. The goal is a paradigm shift — from scarcity-based governance to regenerative sufficiency grounded in the ethical primacy of life.

Modern Monetary Theory, Monetary Sovereignty, Colonialism and Independence, and an Economics for Sustainable Prosperity

The conclusion will be that macroeconomic policy proposals should be informed by stock-flow consistent modern monetary theory; that a job guarantee, or employer of last resort scheme, is a proposal which is affordable and potentially able to stabilise an unstable economy; that the elimination of involuntary underemployment can raise the subjective well-being of millions of people and promote social inclusion; and that the framing of this and other policy proposals is of vital importance, and should not be neglected by economists and the politicians they advise.

‘Modern Money Systems: Understanding the Monetary Mechanics of Value’ & ‘The State vs. Government: Opposing Concepts of Authority’ | John Laurits

Modern Money Systems: Understanding the Monetary Mechanics of Value Reproduced from: https://www.johnlaurits.com/2018/mmt-modern-money-system-explained/ February 18, 2018 Modern money is a strange thing. To most of us, money appears as something continuously given to landlords and businesses to secure a place to live, food to eat, and all the little parts to make that thing called “a living.”… Read More