A Covenant for the Economic Order of Humanity
Building upon the Universal Declaration of Human Rights (1948),
the Second Bill of Rights (1944), and the Charter of the United Nations (1945)
We, the peoples of Earth, recognizing that humanity has reached a stage of maturity requiring new forms of global cooperation, and understanding that economic justice is inseparable from human dignity, hereby establish this Charter as the foundation for a world economic order that serves all people.
Convinced that true prosperity requires both freedom and structure—that civilization needs coordination without domination, and liberty without fragmentation;
Affirming that money must serve humanity, not command it; that wealth must reflect value created, not debt incurred; and that economic institutions must answer to conscience, not merely calculation;
Believing that every human being possesses inherent dignity deserving of material security, meaningful work, and participation in economic decisions affecting their lives;
Determined to build economic institutions that embody consultation over competition, transparency over opacity, and service over extraction;
We hereby proclaim this Charter as the moral and practical foundation for the Commons Currency system and the economic order it creates.
The purpose of economic organization is to ensure that all people can develop their capacities, contribute to the common good, and live with dignity. Economic systems exist to serve human flourishing, not as ends in themselves.
Humanity is one family, diverse in culture and circumstance but united in essential rights and responsibilities. Economic order must honor this diversity while creating unity of purpose.
The Earth's resources are a trust for all generations. Economic activity must preserve and enhance the natural world, recognizing that ecological health and human prosperity are inseparable.
Economic decisions shall be made through consultation, not competition. Nations and peoples shall work together to solve shared problems, recognizing that cooperation serves all better than conflict.
Every person has the right to:
Every person has the right to:
Every person has the right to:
Every person has the right to:
Every person shall:
Communities shall:
Nations shall:
The community of nations shall:
Money is a social technology for coordinating human activity and allocating resources. It shall be designed and governed to serve the common good, not to concentrate power or extract value from the productive economy.
Money shall represent real value created through productive work, care for others, environmental restoration, cultural contribution, and all activities that serve human and ecological flourishing. It shall not be created primarily as debt requiring perpetual growth.
There shall be one global currency—the Commons Unit—available to all people and accepted universally. This unity of currency shall end the speculation, manipulation, and crises that arise from competitive national currencies.
Currency shall be issued at three levels:
Tax obligations denominated in Commons Units create inherent demand for the currency. Taxation shall serve two purposes: creating currency demand and removing excess money to prevent inflation. Nations shall coordinate tax policy to prevent harmful competition and ensure fair contribution from all economic actors.
The inflationary impact of all currency issuance shall be assessed BEFORE money is created, not after. Economic modeling shall continuously evaluate whether proposed issuance aligns with real productive capacity. If analysis indicates potential inflation, issuance shall be reduced, delayed, or balanced through taxation. This predictive approach prevents inflation through wisdom rather than managing it through austerity.
Economic governance shall operate at nested levels—local, regional, national, and global—each with appropriate authority and responsibility. Higher levels coordinate; lower levels implement.
At each level, elected councils chosen for trustworthiness and competence shall:
Alongside elected bodies, appointed Counsellors, Auditors, and Trustees chosen for moral standing, experience, and wisdom shall:
The elected manage; the appointed guide. Neither commands alone; both serve the common good.
The supreme coordinating body shall be a Global Commons Council where:
Both surplus and deficit nations share responsibility for maintaining trade balance. Persistent imbalances shall be addressed through:
Trade shall occur on terms that:
Every person shall have access to basic financial services: secure savings, reliable payments, and fair credit. Financial exclusion based on geography, poverty, or identity is a violation of economic rights.
Credit shall be available based on demonstrated reliability, not inherited wealth. Through proof of personhood and zero-knowledge creditworthiness proofs, individuals can build financial reputation and access capital while maintaining privacy.
Local banks, cooperatives, and community financial institutions shall be strengthened, not replaced. They serve the vital role of channeling capital to local needs based on local knowledge.
Credit shall primarily serve productive purposes: building, learning, healing, creating. Speculation and extraction shall be discouraged through appropriate taxation and regulation.
Nations shall establish coordinated minimum tax standards preventing harmful competition and ensuring adequate public revenue. This includes:
No jurisdiction shall serve as a tax haven enabling evasion of obligations. All financial flows shall be transparent to relevant authorities. The race to the bottom ends.
Those with greater capacity shall contribute proportionally more. Economic power carries responsibility to society.
All monetary operations, government expenditures, and institutional decisions shall be recorded on a public blockchain accessible to all. Corruption requires darkness; we choose light.
While institutional operations are transparent, individual economic affairs remain private. Zero-knowledge proofs enable selective disclosure—proving facts without revealing details.
Economic institutions answer to the people. Regular public reporting, citizen participation mechanisms, and democratic accountability ensure power serves rather than dominates.
Economic activity must respect planetary boundaries. Currency issuance and resource allocation shall account for environmental capacity and regeneration requirements.
Economic value shall be recognized for activities that restore and regenerate: reforestation, soil building, ecosystem protection, pollution reduction. Destruction shall not be profitable.
Current prosperity cannot come at the expense of future generations. Long-term thinking is embedded through appointed guardians and intergenerational accounting.
This Charter shall be implemented gradually over generations. National currencies may coexist during transition, but the goal is clear: one world, one currency, one coordinated economic order serving all.
Economic institutions shall learn from experience. Regular review and adjustment processes allow evolution while maintaining core principles.
This Charter is open to all nations and peoples. Joining is voluntary; participation is encouraged. The benefits of cooperation increase with inclusion.
When conflicts arise between economic efficiency and human dignity, dignity prevails. When markets and morals conflict, morals guide. When profit and people clash, people matter most.
Economic arrangements that leave any human being in desperate poverty while others live in obscene luxury are unjust and shall be reformed. Extreme inequality is incompatible with human dignity and social stability.
We are one human family. The suffering of any diminishes all. The flourishing of each enriches the whole. Economic order must reflect this fundamental truth.
This Charter represents humanity's commitment to build an economic order worthy of our highest aspirations. We choose cooperation over competition, conscience over calculation, and service over extraction.
We establish the Commons Currency system not as a mere technical innovation, but as the practical expression of these principles—the architecture that makes our values real.
Let this Charter guide us toward a world where prosperity is shared, dignity is universal, and economic power serves the common good.
Adopted by consensus of participating nations
For implementation through the Commons Currency system
See how this Charter is implemented:
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