Money is society's servant, not its master, and is used solely to facilitate productive investment and beneficial exchange. Its creation is a public function. Financial speculation is strongly discouraged by regulation and tax policy. Local currencies are common, as are independent community banks and credit unions. Thus, finance is predominantly local, as are most enterprises and most production.
Countries trade their surplus production based on their comparative natural endowments.
Cultural diversity is highly valued, as is economic diversity and experimentation. Individual local and national economies vary substantially in their mix of public and private ownership and in the extent of their participation in a planetary trading system-depending on their circumstances and preferences. Experience, culture, information, and technology are freely shared among people, communities, and nations through individual travel and electronic communication, thus facilitating rapid social learning toward constant improvements in real living standards and the quality of life of all. Each community or nation has the right to determine what and how much it will trade, with whom, and under what circumstances. Similarly it has the right to decide on the terms, if any, under which it will invite others to participate in its economy through investment.