Tag: UK Economy

LEGS: The Human Economy – A Blueprint for Transformation

Introduction

In a world increasingly shaped by the pursuit of economic growth and the dominance of monetary values, our understanding of what truly matters has become distorted.

The language of economics, once intended to serve human wellbeing, now often justifies systems that place money above all other forms of value.

This Local Economy & Governance System (LEGS) challenges the prevailing money-centred worldview, exposing the myths that underpin it and the consequences for individuals and society.

By re-examining the purpose of the economy and redefining value at the level of the individual, we offer a blueprint for transformation – one that places human needs, freedom, and wellbeing at the heart of economic life.

The following pages invite you to reconsider what it means to live well, to recognise the moral costs of excess, and to envision an economy built on natural abundance, justice, and personal sovereignty.

The Rise of a Money‑Centred Worldview

Over time, the words economy, economics, economic policy, and economic theory have been shaped by a money centred worldview.

They became part of a language and narrative designed to justify systems that placed money above all other forms of value.

This worldview gradually embedded itself into culture, until money was positioned at the centre of almost every aspect of life and treated as the primary measure of worth.

How Policy Reinforced the Myth of Economic Growth

Governments, politicians, and established institutions reinforced this belief by placing the economy at the heart of public policy.

They encouraged the idea that a good life was only possible if the economy was considered healthy and growing.

Measures such as GDP were promoted as the ultimate indicators of national wellbeing, and people were led to believe – often without explanation – that their personal success was somehow tied to the financial success of the economy itself.

Reducing Human Value to Economic Data

By turning everything of tangible value into something economic, measurable, and defined only in relation to the economy, society gradually stripped away the inherent value of each person.

Individuals became reduced to data points – digits on a screen – an effect amplified by digital tracking and the rapid development of AI.

The Hidden Myth of External Power

The central myth that upheld this money centric system was not only the false belief that money is inherently valuable.

The deeper, more powerful myth was the idea – never openly stated but widely accepted – that real power lies outside the individual.

Because money appears external to us, it became easy to believe that our worth and our agency also exist outside ourselves.

The Illusion of Money as Value

In truth, money has no intrinsic value. It is simply a tool for exchange.

The belief that money is value created the foundation for many of society’s problems.

The FIAT System and the Concentration of Power

This belief was further exploited through the rise of the modern FIAT monetary system, which used complexity, misplaced trust, and practices that would otherwise be considered unethical or criminal to shift wealth – and therefore power – from the many to the few.

All of this was presented as progress. As the natural direction of a modern world.

The Moral Cost of Excess

Yet in any genuinely civilised society, there is no moral justification for one person to hold more than they need when that excess comes at the expense of others.

When someone accumulates far beyond their needs, someone else – often someone they will never meet – is forced to go without the essentials required for a life free from deprivation.

How Scarcity Is Manufactured

Taking more than we need, in any form, inevitably creates shortage elsewhere.

Possession alone does not justify allowing others to suffer lack.

No individual has the fundamental right to hold more than they require when doing so directly or indirectly harms others.

Economics as a Tool of Justification

In this way, the language of economics became a tool to legitimise imbalance and injustice.

It normalised greed and elevated the pursuit of material wealth and power to something admirable – something to be celebrated above all else.

The Local Economy & Governance System: Defining the Economy and Economics for a Humane Existence and Way of Life

Real value does not exist within money itself, nor within the material possessions that money – despite having no intrinsic substance – can be used to persuade others to “buy or sell.”

True value can only be defined at the level of the individual. It arises from the meaning and importance a person attributes to something from within themselves, not from any external price tag or monetary label.

Money is simply a practical tool. Its purpose is to make the exchange of value easier when direct barter or exchange – trading goods, services, or labour – is not possible or convenient.

Money is a facilitator. Not the source of value itself.

In reality, people are the economy.

People are the reason the economy exists, the purpose behind it, and the driving force within it.

Every meaningful economic activity begins and ends with human needs, human choices, and human wellbeing.

With this understanding, the LEGS interpretation of economy can be defined as follows:

Economy is the collective presence, activity, and contribution of people working together to provide and supply all the goods, services, and forms of support that are essential for every individual within a community to live well.

Its purpose is to ensure that no person experiences need or scarcity severe enough to undermine the natural state of abundance – a condition in which all basic and essential needs are reliably met.

In this state of abundance, individuals are freed from the pressures of deprivation or want, allowing them to experience a form of personal freedom that is not compromised by the struggle to secure the necessities of life.

Thus, the economy is not merely a system of production and exchange, but a shared human effort to sustain the conditions that make genuine freedom, well‑being and the experience of Personal Sovereignty possible for all.

Summary

These pages challenge the prevailing money-centred worldview, revealing how economic language and policy have often placed monetary value above human wellbeing.

They expose the myths that underpin this system – especially the illusion that real power and value exist outside the individual – and highlight the moral costs of excess and manufactured scarcity.

The Local Economy & Governance System (LEGS) offers a transformative blueprint: it redefines the economy as a collective human effort, focused on meeting essential needs and fostering abundance, justice, and personal sovereignty.

True value, as argued here, arises from within each person – not from external price tags or monetary labels.

Money is a facilitator, not the source of value itself.

By placing human needs, freedom, and wellbeing at the heart of economic life, The Local Economy & Governance System envisions an economy where no individual suffers deprivation, and everyone is empowered to live well.

The path forward is one of re-examining our assumptions, recognising the moral imperative to share resources fairly, and building systems that sustain genuine freedom and wellbeing for all.

The Local Economy & Governance System | Online Text
The Basic Living Standard Explained
LEGS – The Human Economy PDF_Vers1_1Dec25Download

The Borrowed Time Budget: A System Running Out of Road

The November budget, with its push toward higher taxation, is not simply a matter of fiscal policy. It is a warning sign, a flare in the night sky that tells us the system we live under is running out of road.

Few people recognise what this shift truly signals, and fewer still are willing to confront it. That blindness is not accidental. Our economy has been carefully designed to mislead, to disguise its fragility, and to keep even the sharpest minds chasing illusions.

For decades, governments have expanded the flow of money, not by creating genuine value, but by inflating the system.

They bailed out the banks that caused the crash of 2007- 08, rewarding failure with public funds. Later, they unleashed torrents of money during the Covid pandemic, not to rebuild resilience, but to keep the machine ticking over.

These interventions did not repair the foundations; they merely propped up a broken structure. The result is a distorted reality in which the government can no longer borrow what it needs to sustain public services. Instead, it faces crises that today’s politicians are neither prepared nor equipped to lead us through.

To keep the illusion alive – to make it appear that everything is functioning as normal – the government must find money somewhere.

If banks cannot provide it (and in truth, they never had it to lend in the first place), then the state will take it from us. Taxation becomes not a tool of governance but a desperate grab for survival, a way to scrape together whatever can be found to keep the plates spinning.

This is the trap of the political class. They value their positions and the power they believe they hold more than the consequences of their choices.

Whether they admit the truth now or continue draining the public first, the end is the same: collapse.

The system is already hurting millions, and it cannot endure indefinitely. The only uncertainty is whether we lose what remains of our wealth before the collapse, or when it finally arrives.

The bitter irony is that our money is tied to nothing of real value. That emptiness is what has allowed politicians and elites to manipulate the system for so long. Could anyone become an overnight billionaire if wealth were grounded in tangible worth? Of course not. Their fortunes exist because people buy into offerings with money that, in essence, does not even exist.

This government – and likely the next one too – is living on borrowed time. Real change will only come when leaders emerge who understand the true nature of the crisis and are willing to act decisively to rebuild on solid ground.

Until then, the charade continues – as does the damage that it causes.

Few will welcome the upheaval that is coming, but it is inevitable: the world will soon operate very differently than it does today.

That shift need not be catastrophic. We still have choices, and we still have the chance to take a better path.

But this requires honesty. It requires accepting that the obsession with money at the centre of everything must end.

Unlike the politicians driving the UK bus towards the cliff, we must recognise that we have already reached a place called stop.

From here, the only way forward is to put people first.

Revaluing the Workforce: Escaping the Grip of Greed
Minimum Wage, Maximum Exploitation: A Collapsing System Propped Up by Rising Taxes
Plastic Productivity and the Debt Trap: What the November Budget Won’t Fix
Facing the Economic Collapse: the Real Crisis Behind Money, Wages, and Freedom
The Local Economy & Governance System | Online Text
The Basic Living Standard Explained
The Borrowed Time Budget PDF_Vers1_27Nov25Download

Minimum Wage, Maximum Exploitation: A Collapsing System Propped Up by Rising Taxes

Introduction

As the cost of living continues to climb across the United Kingdom, many households find themselves struggling to maintain even the most basic standards of financial independence.

With impending tax rises on the horizon, the pressure on those already living near the edge is set to intensify, pushing even greater numbers below the threshold of self-sufficiency.

This is not a temporary crisis, but a symptom of a deeper, systemic failure—a collapsing economic model that now survives only by extracting more from those who can afford it least.

The money-centric economic system that we have – The “Moneyocracy” – perpetuates itself by shifting the burden onto workers and taxpayers, while the promise of prosperity grows ever more distant for the majority.

Against this backdrop, it is essential to confront a fundamental question – one that exposes the uncomfortable realities at the heart of our economy.

A Question:

Do you believe the minimum wage is enough for a full-time worker to live on – and if so, why?

The answer to this question, which varies depending on one’s relationship with the minimum wage, reveals uncomfortable truths about the foundations of our economy and the way work is valued in this country.

What is not surprising is that those who already have financial security often agree in principle that low-paid workers should earn more. Yet when confronted with the implications of paying every worker enough to live independently, many recoil. Why? Because such a change would disrupt their own relationship with the economy.

The Minimum Wage Reality

Let us be clear: the national minimum wage in the UK is not enough for anyone working a full-time 40-hour week to live independently—free from reliance on benefits, charity, or debt.

The widespread acceptance of this wage stems from government and establishment narratives.

What is legally mandated is presented as morally and practically sufficient.

Yet, in truth, the minimum wage is a carefully placed rock covering a pit of myths and lies.

Those who benefit from the system prefer not to lift that rock, because doing so would expose their complicity in maintaining the illusion.

The Employee

A worker earning the minimum wage – currently £12.21 per hour, equating to £488.40 per week or £25,396.80 annually – cannot afford the basic essentials required for independent living.

The gap between what they earn and what they need is effectively the amount by which they are underpaid.

Employers exploit workers by failing to cover the true cost of living.

Regardless of how the deficit is filled—through benefits, charity, or debt—someone else is subsidising both the employee and the employer.

The Employer (Small Business)

Small business owners often insist they pay fairly because they comply with the law. Yet compliance does not equate to fairness.

Paying the legal minimum is not the same as paying enough for employees to live independently.

Common justifications include:

• “They can top up with benefits.”

• “I can’t pay more or I’ll go out of business.”

But these arguments miss the point. The government—and by extension, taxpayers—should not subsidise businesses that cannot afford to pay workers a living wage.

In reality, small businesses are also exploited: they cannot operate independently within the current economic system, because they too are constrained by models that undervalue their work.

The Employer (Big Business)

Large corporations differ because they can afford to pay more.

Supermarkets and other major employers of minimum-wage staff generate enormous profits – even during a cost-of-living crisis, like the one we are experiencing now.

They could easily pay wages that allow workers financial independence, if boards and shareholders accepted smaller returns.

Instead, big businesses exploit both employees and taxpayers. Workers are underpaid, while the government subsidises wages through benefits.

This allows corporations to maximise profits while keeping the mechanics of exploitation hidden from public debate.

The Government

Why does the government subsidise wages so small businesses can survive and big businesses can thrive? Why not simply set a minimum wage that reflects the true cost of living?

The answer is stark: doing so would collapse the system.

The economy functions by undervaluing the majority of jobs deemed “low-skilled” or of “little value.”

If wages reflected reality, the house of cards would fall.

The Taxpayer

The system is a con. The complex machinery of what can be called a Moneyocracy manipulates trust and deference so effectively that taxpayers rarely ask basic questions.

Why, in an economy where corporations make billions annually, must taxpayers top up their employees’ wages through taxes?

Why are we threatened with price hikes whenever government policy shifts, while corporate profits remain largely unscrutinised?

Following the money reveals the truth: wealth is funnelled in one direction, made possible only by exploiting workers, taxpayers, and weak governments.

Corporations profit by underpaying staff, then spin narratives that justify charging consumers more.

Reality Bites

Exploitation of normal people has gone too far. The system enriches the few by exploiting the many – sometimes multiple times over – so profits can grow while wages stagnate or reduce in real terms.

The Moneyocracy survives by perpetuating the myth that it is acceptable for many to grow poorer while a few grow disproportionately rich.

The promise dangled before workers – that if they play the game long enough, they too might “live the dream” – is false.

Humanity is destroying itself chasing a dream that continually recedes, because playing the game requires forgetting our true worth.

The basic equation of the Moneyocracy is simple: for some to be rich, most must be poor.

This is neither humane nor true.

The Alternative

There is another way. A system built on real values – where people, communities, and the environment come first – can replace the current money-centric model.

This alternative requires transparency, local systems, and a commitment to prioritising human worth over profit. Instead of hiding self-interest behind complex structures, society must embrace a model where business and life are conducted openly, sustainably, and with fairness at the core.

The choice is absolute: continue with a Moneyocracy that exploits us all or build a future centred on people.

Path Forward

The Local Economy & Governance System provides the foundational framework for a truly people‑centric future – one where People, Community, and Environment sit at the heart of every decision.

At its core lies a new benchmark: The Basic Living Standard, a guarantee that every individual receives a weekly wage sufficient to cover all essential needs.

This principle of equity and equality is not an optional add‑on, but the priority that guides every part of the system.

By shifting away from exploitation and toward fairness, transparency, and sustainability, this model offers a pathway to rebuild trust and resilience in our economic and social structures.

To explore how this vision can be realised and what it means for the future, please follow these links:

The Local Economy & Governance System | Online Text
The Basic Living Standard Explained
Minimum Wage Maximum Exploitation PDF_Vers1_25Nov25Download

Plastic Productivity and the Debt Trap: What the November Budget Won’t Fix

Governments do not collapse in the same way that individuals or businesses do. If they did, the United Kingdom would have gone under financially long ago. Instead, the state continues to function by rolling debt forward, reshaping obligations, and presenting the appearance of stability. For ordinary people, however, the rules are very different. When we cannot meet our commitments, we fail — unless someone steps in to bail us out.

Meeting financial obligations requires honesty. You must know whether you can truly pay your debts or whether survival depends on wishful thinking. Throughout history, people and businesses have thrived or failed for both good and bad reasons. As long as they appear to function, few question what lies beneath.

For tradesmen, small business owners, and entrepreneurs, the reality is harsh. None of us are “too big to fail.” Once obligations can no longer be met, collapse follows unless a benefactor intervenes.

We like to believe the same standards apply to everyone, whether sweeping streets or running government. Yet elites have always bent rules to their advantage. They forget that all people, high or low, share the same human experience. Power corrupts, and politicians often forget they were elected simply to fill a seat, not because they are uniquely qualified to decide what is best for everyone.

The shift to fiat money in 1971 changed everything. It allowed governments, banks, and corporations to manipulate the system, creating the illusion of endless funds. Behind closed doors, decisions were shaped by business and banking interests, while politicians no longer had to worry about the true responsibilities of leadership.

Debt became hidden behind GDP figures. Growth and transaction volumes disguised the reality of an exploding debt pile. To the untrained eye, it looked as though debt was shrinking, when in fact it was spiralling out of control.

This illusion was sustained by what might be called “plastic productivity.”* Assets and infrastructure were bought cheaply, production was outsourced overseas, and consumers were encouraged to buy more and more goods they didn’t need. People became indebted to the same banks that lent to government, yet could just about service their loans. It seemed as though prosperity was endless, and few questioned the narrative.

But the system was never sustainable. Its architects knew it would transfer wealth and ownership to a small elite. By making money and material wealth addictive, they ensured control. With industries hollowed out, productivity now depends almost entirely on expanding debt — by government, business, and individuals alike.

Politicians face a broken system. To keep the machinery of government running, they must tax normal people more heavily. Yet much of public spending delivers little benefit. Policies have been rewritten, words twisted, and meanings changed to allow politicians to cling to power while the wealthy grow richer. Assets of real value have been transferred to people who could never have owned them otherwise.

If the system collapses, the establishment will impose new rules. They may impoverish citizens further, leaving people no choice but to accept whatever is dictated. Many politicians may not even understand the system they oversee. They follow instructions blindly, blamed for decisions that are not theirs, lacking the skills to lead differently.

The situation could drag on for months or years. Collapse may come when the public finally says “enough,” or when the establishment has drained the country dry. Even if a new government is elected — Reform UK, Nigel Farage, or anyone else — they will face the same reality. Cutting spending or taxes cannot fix a nation that is broke and owns nothing. Wealth has already been transferred to lenders.

The system is broken. We must either accept subjugation under a corrupt structure built on trickery, or take a leap of faith and start again from scratch.

***

*”Plastic productivity” refers to the illusion of economic growth created by outsourcing production, encouraging over‑consumption, and sustaining debt, rather than building genuine, sustainable value. It’s not about plastics as a material, but about a system that mimics productivity while hollowing out real industries and transferring wealth.

How the UK was led into the fiscal-driven Armageddon we are now within
The harmful hidden meaning of ‘Growth’
The Local Economy & Governance System | Online Text
Plastic Productivity and The Debt Trap PDF_Vers1_ 21Nov25Download

This Economic Collapse: We are watching greed destroy lives and the real world around us in the forlorn hope that this dying world order and their system based on money will be saved

Before anything else, it’s important to understand that whilst the decisions taken by Prime Minister Liz Truss and her Chancellor represent nothing less than doubling down on the very same stupidity that brought us to where we are now, the chaos they have caused is not itself responsible for the bigger system collapse that is underway.

Like most things in the public realm today, it just serves someone’s self-interest and an agenda that doesn’t help anyone else, for it to be made to look that way.

No, this blog is not an apology for Liz Truss and the ridiculous nature of her first 3 weeks in No. 10. But as I wrote before the disastrous ’mini budget’ last week, there remains a chance that Truss will do a massive u turn on everything, and for anyone with just a little humanity, who cares about where this is all going, this surely must be a shared hope.

So much hides in plain sight in this money obsessed world. Smoke and mirrors and sleight of hand are at work everywhere. And as usual, even when everything is turning to chaos, neither the media nor the majority of people are even considering, let alone asking the questions about all that is happening, as we all really should.

For instance, how is it possible or how can it be that the £Pound can go into free fall and push the British economy to the edge of an economic crash, just because financial traders and people working in money and the markets lose their nerve or start placing bets on what will happen to our currency next?

There is little to be gained by exploring this massively dangerous anomaly here. Other than to state clearly, that this is perhaps the best demonstration of where power in this money-based order lies. And that the meaningful influence and real responsibility for life and living does not lie with the people who we might think.

Begin to consider just how this situation rolls out across almost everything and every part of life. You will soon have other questions in your mind about how every part of life could have reached a point where we all exist at the whim of just a handful of people who have no care for anything out of their own sight.

Out of sight, out of mind, really is dictating the quality, content and realities of millions of people, their lives and their life experience. Not ethically, consciously or considerately. But in yet more ways that money – for just these greedy few – can be made.

No politician within the system that we have now will stand up to or do anything that will inhibit, restrain or redirect the activities of these interests. Not least of all because those running, managing and operating what are basically scams have the power to destroy economies and currencies in a moment; But because of our politician’s slavish devotion to this same money-based order, that all of their careers and futures – no matter their party – have been formed.

The financial, economic and currency system that we have today may well have worked well for the majority of people, IF there had been a sizeable and unavoidable chunk of ethical practices, morality and basic humanity involved and maintained from the very start.

Sadly, not only have principles and consideration of the consequences of every decision – over many points removed – never been present, the whole system and everything it touches has become infected, dehumanised and even less caring about what happens to anyone and everyone else. All as the flaws of the system have evolved and spread to everything since the Gold Standard was abandoned in 1971.

This is NOT the only way things can be.

This is NOT how things should be.

This is NOT how anything needs to be.

There is regrettably an element of truth in the thinking that nothing or no part of this can be changed, at least for the time being. Simply because the continuation of any part of this system, where people invested in it remain in control, means they will only allow and consider change which solidifies their position or will further advantage them in some way.

However, the collapse that these interests are trying to prevent with the very same tools they used to create it, cannot itself be controlled.

The people in charge, whether it’s elites, bankers or politicians, are in fact a very long way from having any sensible or rational ideas about how they can save their dying world order.

That’s why we have wars, pipelines being blown up and ridiculous suggestions being made without a hint of irony that growth for ‘the haves’ is the only way that hunger, poverty and shortages for ‘the have-nots’ can be solved.

Not only those awake to the whole money lie, but the majority who now know that something has gone very wrong, will soon have the opportunity to choose a very different way.

This choice will come when this money-based system has broken and collapsed to the point that it stops working and its very functionality no longer makes any logical sense to people who can no longer be taken in by the con.

There is a lot of pain ahead that people should never have had to be exposed to. Indeed, it was never necessary that any of them should.

It has just been greed, selfishness and the absence of care and consideration for our fellow man that has brought us to the place that we are now, and that we must now face in the weeks, months and years ahead.

By continuing, choosing to continue, agreeing to, taking part in or supporting any of the establishment ideas and tribal thinking that currently exists and will be pumped out at us as the situation becomes critical, it will be made very easy for us to believe that in the hands of the establishment and the dying world order, things can only get better – or at the very least, back to where and how we’ve always known them to be.

However, the system is and has for a very long time been broken beyond repair.

That’s why this system and the old world order is really dying.

The broken bricks and the carcass of this system and its governance can only be used effectively by those who wish for greed and the control of others to continue, by bolting everything that already exists together even more tightly – which will mean increasing amounts and very intrusive measures of control over what is left of ‘free life’.

Only those who believe they have something to gain by further enslaving people other than themselves will genuinely want to keep the money-based focus for everything going. And there are still a lot of them about.

The alternative is to build a new system and to create a new way of doing everything that is beneficial and fair to all. To quite literally raise a real phoenix from what doesn’t necessarily need to be ashes and build something much better and equitable for all, from the grassroots up.

Next week, I will publish my new book From Here to There Through Now. There I will go into much greater detail about what is really happening now, and how we can make the best of the situation, how we can survive and thrive as the transition takes place, and then step off and place the right building blocks working together in our communities as we recreate a people-centric world and remove all of the rot and disease that is rampant within the current system that our new world will replace.

#FromHeretoThereThroughNow #TheBasicLivingStandard #LevellingLevel

This Economic Collapse 30Sep22 PDF_Vers1_5Jan26Download