Capitalism’s Obituary” “Everyone is asking, what now?”

We go to Hour Economics.

Here is how it happens.

The Marriage of Time and Money

After years of living together, Time and Money have married. Their families, Socialism and Capitalism (if the truth be known, each suspicious of the other) wished them the best.

In attendance on the Time family side were Clocks and Calendars, Scales and Measuring Sticks, Thermometers and Barometers, Micrometers and Odometers. On the Money family side were Dollars and Euros, Dinars and Yuan, Baht and Ringgit and more than 100 others.

More information about the wedding is available at http://www.siue.edu/~rblain/

Some time later:

Birth Announcement

Time Money gave birth to Hour Money. The birth was easy, hardly more than adding the word “Hour” to the plates used to print money. This small change corrected the genetic defect in money, no named denominator, that had caused unequal trade and the lifelong illness and ultimate demise of Capitalism.

Hour Money lives by the principles of Hour Economics; judge value by use time, price by work time, and money by Hours. Since then, though occasional and temporary variations occur, domestic and international exchanges are accurate, efficient, equitable and amicable.

Many local currencies have used the Hour money denominator for years:

http://www.paulglover.org/hours.html

In 2004, the Provisional World Parliament, meeting in Lucknow, India, adopted the Hour as the world money unit and urges its adoption by all nations. Read more at: http://wcpa.biz