Tuesday, November 24, 2009

Laying the True Wealth Foundation

If wealth is going to be sustainable, it must rest on a sustainable foundation. Decisions affecting the sustainablility of assets should be made by an economic unit that will outlive both current and future trustees. What economic unit can be counted on to do that? Only the family has the staying power to sustain wealth. The family is the basic unit of human culture and the most natural economic unit. This has been true throughout human history without regard for the various types of governments and economic systems that have come and gone. People everywhere, for hundreds of years, have put their faith in this government, or that religion; to end poverty, war, pestilence, and all sorts of human misbehavior. Look around. All of these institutions of government and church have failed to bring about the world we want. Meanwhile, everyone has gone about raising a family - in every century, on every continent. The family is the starting point for the MTO. And what is a family? A family is a small group of people related by blood, marriage, or a strong bond of trust. As an economic unit, a family needs to be of managable size. The MTO being modeled as part of this project is limited to 24 adult members. A System of Family Governance is used to assure responsible decisions by the MTO trustees. More later about that.

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