A Green Parity Economy
Since it is the duty of our government, at all levels, to encourage opportunities for the profitable employment of citizens, the following was submitted to the 2024 Green Party Platform Committee¹:
1. Creation of a parity economy, without debt to the citizens.
With the advice of the Monetary Authority, Congress will issue sovereign US money to ensure that the producers of our raw materials receive parity prices. A parity price is the price received by the raw material producer at his first point of sale into the economy, which gives the producer income sufficient to pay all their production costs and have profit left over.
It has been proven, by the study of prosperous periods in US economic history, that a parity price for the raw material producer will support prosperity in all the other sectors of the economy, such as manufacturing, distribution, services, etc. See normeconomics.com², which maintains the history of US raw materials economics. This prosperity includes both labor and business owners. Laborers are paid wages that are sufficient for all the costs of living. Businessmen sell their products, and are able to pay all costs and have profit too.
There is no need for the economy to go into debt to commercial banks. Parity is a prosperous economy that takes care of its citizens, workers, and businessmen.
2. Importance of parity prices for US farm production.
Since the production of US farms, by volume, is the majority of all US raw materials produced each year (70%) by the nation, parity prices of farm production must be ensured by the government, thus ensuring a prosperous parity economy.
The farm production included in parity pricing are the basic storable non-GMO farm commodities.
3. A Parity Tariff on Imports
The parity price structure must not be undercut by allowing cheap imports to enter our domestic market. This would rupture our internal prosperity and cause workers and business people to depend on borrowing from private banks.
A parity tariff is a monetary measure that protects the domestic price of goods in the home country so that imports made at a lower cost do not reduce the domestic standard of living.
A parity tariff is structured to protect the standard of living of our US producers and laborers. This parity tariff structuring will make it possible to maintain our prosperity while allowing imports.
Public money will be directed to a parity economy to accomplish all of the following:
- Direct the government’s sovereign money to the real economy of goods and services.
- Direct the government’s sovereign money away from speculation, toxic financial instruments, and loans that create unearned profits for the corporate few. This will slowly reduce unearned income. Nobody should live off the labor of their fellow citizens.
- Support the earned income of producers, manufacturers, distributors, and retailers.
- Operate the economy on an earned-income basis, with no buildup of public and private debt.
- Utilize the newly created sovereign money at the local and state levels, meeting the public’s real needs.
- Make the citizens aware that an economy always begins with the generation of raw materials: no physical good is created that does not require raw materials. (Look around you to prove this fact.)
- Make the citizens aware that, since every human has to eat daily, there is no more critical raw material than food grown by farmers.
End Notes:
¹ 2024 proposed parity plank for the Green Party: https://gp.org/cgi-bin/vote/voteresults, scroll down to ID=1217, titled ‘2024 Platform Proposal – IV Economic Justice and Sustainability, Paragraph N Monetary Reform’. The proposal is no longer available on the Green Party website. The proposal failed to get enough votes on the Green Party National Committee and was not passed.
² http://www.normeconomics.org/equityvsfree.html
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