The Sovereign Economy. Sovereign (Adjective): Possessing supreme or ultimate power. ‘In modern democracies the people's will is in theory sovereign’ The Sovereign Economy is at the behest of the will of all of the people. At the core of The Sovereign Economy are the vital, strategic industries and services crucial to the security and well being of all… Continue reading What is The Sovereign Economy?
There are two primary economic theories that have dominated modern economic thought for the last half century, and distilled simplistically, we have: Mr Hyde: The market operates with very little regulatory control or government involvement. Doctor Jekyll. The market operates within a regulatory framework with some government involvement. Occasionally the government will step in with… Continue reading Living With Jekyll and Hyde Economics.
“Like slavery and apartheid, poverty is not natural. It is man-made and it can be overcome and eradicated by the action of human beings.” – Nelson Mandela. The purpose of The Sovereign Economy is to provide a safe haven for nationalised core strategic services and industries, protected by law, from open market fluctuations, predatory banking… Continue reading What is the purpose of The Sovereign Economy.
Is the profit motive a good thing? The 'is profit a good thing?' discussion encompasses more than just business and economic practice, it strays into area's that include ideology and philosophy which is way beyond the scope of this blog for the moment. Theoretically the profit motive is seen as a good thing as it… Continue reading Why No Profit?
Firstly, I am not an economist. The Sovereign Economy idea sprang from thinking about nationalised industries. The Sovereign Economy idea may already exist somewhere, who knows. Let me know if it does. I was working in broadcast television for nearly 40 years mainly as a documentary cameraman, with a few forays as a director. I… Continue reading The Sovereign Economy Blog