Economic Rights

It should be stated that a person's rights must exist in a real and material sense (they must materialize) if we are to believe they are enjoying them. We cannot pretend that a person enjoys his or her right to life, or the right to a democratic society and democratic governance, if we then build a systemically unjust (undemocratic) political or economic structure which impoverishes, subjugates and/or kills them.



It should be clear that we're a long way from the standards set by even modest democratic and human rights and it's equally clear that at the foundation of the problem is our economics. It is the selfish demands of the already very rich (who have more than adequate capacity to change this system to one of justice) that erodes Nevertheless, It should be clear that our There's a strong argument, then, that the foundation of rights, of justice and of democracy, then, are economic. In an economic society, then, the condition of our rights depends on what is economically - materially - real. It's clear that we are a long way from The case for recognizing a broad set of new economic rights is a strong one:




The Basic Right to Basic Literacy


We all - already - have the right to a basic education, to be taught to understand and be able to basically operate in the world around us. That means we already have the right to be taught the truth about what money really is, where it really comes from and how banks and debt in truth basically work.


The right to basic economic literacy clearly stands as part of everyone's right to a basic education in Human Rights law:







The right to a basic education is stated and reaffirmed throughout the body of human rights law. And within those laws are numerous further references to the right of all people to participate in the life of society on just and fair terms, as free people who share equal rights. That is not possible if many or most in society do not understand how the economic world basically works, who cannot understand the economic forces that are acting on them and who cannot understand what the extent of their rights might be, let alone defend them.







Furthermore, we also have the right to not have fundamental parts of the economic world like money, banking and debt misrepresented to us. Conversely, powerful people, like banks and governments, have no right to misrepresent those things to us.


The entire thrust of human rights, then, points towards economic literacy and opposes the idea that people can be deprived of their literacy in order that others can take advantage of them.







That, then, should be "Case opened, case closed."


Our greatest problem is not in the question of whether or not a right to basic economic literacy exists - it does - but whether or not we'll ever be able to assert it and ensure it remains asserted through structures like Human Rights law.


We must act. It's clear that the right to basic economic literacy is at the foundation of our wider human and economic rights. That must now be recognized by the international community and the right to a basic economic education must be explicitly, unambiguously expressed in Human Rights law.


Today, many millions of people suffer exclusion, privation, insecurity and want, along with every manner of exploitation and the endless conflicts such circumstances engender, all of which may be avoidable.


Let's act. Let's demand a new, just foundation for human life and society; a foundation in the literacy and rights of all people.














And we'll change the world.





Looking Further

I hope I've made the following clear:



  • Our literacy is fundamental to our wider human rights and to the structure of society itself.

  • We have a right to be basically economically literate and aware.

  • No excuse exists to deny a basic economic education, to keep or to make people basically economically ignorant, unaware and vulnerable.



But what further changes might we expect from improved educational provision? We can be confident that even the basic literacy outlined here will ensure a great leap forward for Human Rights.


People who understand that banks create (and then destroy) money as and when we need it, when we go into (and then out of) debt, would never accept the kind of economics that prevails in the world today. They'll recognize that money is a common, democratic institution and that we should all have a just and democratic relationship to money. They'll know that money should be created under fair democratic terms, that human beings (we'll call them 'households') can and should have access to money, free of unnecessary lender-borrower relations and free of interest. They'll know that every government can create money, or have money created for them, debt and interest free and they'll recognize that nation states can hold international debts free of unnecessary lender-borrower relations and free of interest also.


Handled properly, money is surely the most powerful tool we have for social justice, for the rights and inclusion of all people. Furthermore, with money recognized as a common, democratic institution, we may even see people recognize a wider commons/common inheritance also. I'm confident that, in the future, basically economically literate people will ensure:



  1. A democratic, debt and interest free national currency base.

    (Nations are currently required to "borrow" their currencies into existence from capitalist banks.)

  2. Interest free access to money for households all over the world.

    (Banks create and destroy money as we go into and out of debt; interest beyond fees is unwarranted and unnecessary.)

  3. Common resources and industries that allow the public sector to pay for itself, reducing or eliminating the burden of taxation on working families.

    (Capitalist states currently tax their workers in the region of 50-60% of their incomes.)












And we'll change the world.


Follow us, support us, get involved in our campaign for:



The teaching of basic economic literacy in schools.


The recognition and protection of the right to basic economic literacy in human rights law.


The request to reasses household and public debts the world over.




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