To: Yves Bajard on list ATTAC, John Courtneidge on list LETS, and other defenders of the Commonwealth. Dear Yves, I owe you an apology for a recent statement of mine which was offensive because it was poorly phrased and incomplete. In reply to your 99-06-19 post to list <[EMAIL PROTECTED]>, I wrote: (WSB: Yves, you have covered every aspect of our global problematique except for the most important possibility, that is, the possibility that you might be mistaken. (Snip) Now I have visited your web site at URL <list [EMAIL PROTECTED]> and saved all of your recent posts to list <[EMAIL PROTECTED]>, and nothing you have written can be called mistaken from my point of view. What I wanted to say, and should have written, was: (WSB: Yves, you have covered every aspect of our global problematique except for the most important possibility, that is, the possibility that the simple solution, identified as option 4 in my post of 99-06-16, might be the shortest path to the solution of the global problematique. Being simple, more of the public can understand and support it, Having its historical roots in the Pentateuch and its contemporary roots in corporate financial policy, more of the public can verify it from their own religious beliefs and their own working experience. But the simple solution does have this serious disadvantage, it will under-cut the monopoly of knowledge presently enjoyed by the Wealthy, Healthy, Inteligent, and Powerful members of society (the WHIPs), but as compensation, it will also secure their status at the top of society if the public knows that they support and promote it. . >>>>>>>>>>>>>>> End conversation with Yves Bajard <<<<<<<<<<<<<<<< Dear John Courtneidge, In your 99-06-28 note to list <[EMAIL PROTECTED]> you wrote: >> "Within the following, our friend Wes uses the words "the defect of the whole system" Can he and we define in, say, ten/twenty/which-ever words or less what "the defect of the whole system" is?" << John, to define "the defect of the whole system," even with a few million words, requires that the audience share a common conceptual framework with the writer, a framwork which can comprehend the normal (as designed) operation of the whole system, so we will know a defect when we see one. To date, only one or two members of my audience have even admitted to looking at URL <http://www.freespeech.org/darves/> where my global model has been posted along with the writings of Noam Chomsky of M.I.T. and other distinguished contributors to this topic, so we do not, as yet, have a shared common conceptual framework to work with. But I can define in a few words the simple technical principle, the neglect of which creates the "defect," where ever the defect is found in societies with an advanced division of labor and a circulating medium of exchange. In 1953, I inadvertantly included in my technical proposal to a small Mid-West Power Company a chart of unit cost ($/KWH) versus output (KW) in which the unit cost declined as the output of the Boiler/Turbine/Generator plant increased from no-load up to design output. My potential customer, the Chief Electrical Engineer, pointed out my mistake, saying: "you cannot compute a Pareto optimum dispatch with fixed costs included in the cost data of your plants." (17 words) I corrected my mistake the way our bankers create money, with the stroke of a pen, by drawing a straight line on the chart from the unit cost ($/KWH) at design output, back to a slightly lower unit cost ($/KWH) at the no load or minimum output on the chart. That change on the chart (control charactoristic of each plant) put my customer's mind at ease. With that correction, every thing in the proposal was in accord with the current standard operating practice (SOP) of the Mid-West Power Company, and every other power company, so my manufacturing company was awarded the contract for an automatic dispatching system to compute and execute the optimum dispatch of production from nine Boiler/Turbine/Generator plants by simulating the operation of a classical free market price mechanism. Consumers of electric power cannot perform that classical free market function for electric power, as they can for other products, because they can neither select which plant to get their power from, nor can they know what the cost of power is from each plant. And if they could, they would not want to be bothered with evaluating nine (or more) variables all day long as the demand for power varied from boom to depression during every 24 hour period. I am sure that power systems are dispatched on the same principle everywhere in the world. But to see how the neglect of that principle impairs the performance of a corporate, national, or global system; a shared common conceptual framework to focus the discussion is essential. Without the shared conceptual framework, we get decade after decade of words, but no solutions. It might help to make the global model more interesting if a few well chosen words were used in my next post to add to Fig. 8, The U.S. Systemic Defect Of Omission, the data on who in the workforce pays interest, and, who in the workforce receives interest, without increasing or decreasing the amount of money (M1) in circulation. Kind regards to all, WesBurt