© John M Frazier 2026
Preface -
The long march of civilization is a long march of the enclosure of various commons, water, pasture, hunting, gathering, markets, money, aggregate demand, and so on including the psychological and legal enclosure of the individual human being from the commons of family and community. The commons gives us the concept of group stewardship for purposes of maintaining resources. The individual gives us the concept of a steward/owner as a role of contracted behavior for purposes of accountability in maintaining and improving renewable resources and exploiting finite resources or found money. The ancient Greeks struck a balance between the two with the concept, philosophical and legal, of owning by legitimate use (C. Reinhold Noyes, The Institution of Property). There has never been a concept of pure ownership in the history of Western Civilization. It does exist but it exists only in the lived fantasies of small island billionaires far from societal strictures and in the myths of individualism.
Those two opposed concepts, held in dynamic relation; the foundational ‘we', the commons, and the developmental ‘I’, enclosure, are the figures to carry with you throughout this blog.
JMF
The Human Commons
Psychologically, and in fact, the "we" precedes the "i" in the development of the reasonably independent contracting adult of Western Civilization. We begin as mother and child, a unit, and are ourselves enclosed from the group, the foundational ‘asabiyyah’, group solidarity, as Ibn KhaldÅ«n formulated it in the Fourteenth century, before becoming contractors, alienated actors of some social independence.
This is not a metaphor. Nine months of gestation alone gives the lie to Rousseau's born-free-and-everywhere-in-chains individual — there is no pre-social self to be born free. The "alienated individual" of Western political myth is a late-stage construction, not a starting condition.
The same logic scales up. Human social existence in its most primitive state, hunting and gathering, consists of a commons (a territory) under a tribal hegemon exercising primitive stewardship over it. The alienated individual is enclosed from the asabiyyah as it becomes wealthier and more complex and its bonds decay. The family is enclosed from the tribal commons, and so on, up through every subsequent scale of civilization. One continuous logic, group cohesion preceding individuation, operating identically at every register: mother-infant, tribe-territory, temple-state, and citizen-commonwealth.
Economics and the Alienated Individual
The steady march of economic civilization has been the steady march of ‘enclosure’, the divvying of stewarded commons into ‘private’ holdings, stewarded by individuals within a framework of common-law responsibilities that accrue to ‘ownership’, chief among them the tort of public nuisance.
There is no instance of pure ownership of real property known in the rule of law, only a role, in the range of a steward, differently named and privileged, carrying vested interest, vested return on investment in a parcel, and public responsibility. That is only a modified commons model, not an exit from the commons.
Enclosure, the prerequisite of individual ownership, is a fighting word to those enclosed, and a myth of individuality to those doing the enclosing. Both color the actual relationship between owners and their real estate. What enclosure produces is not total alienation from the commons but a legal ‘role’ within a preexisting commons, ownership as stewardship with strings attached, the strings being the fossilized record of an obligation that never actually lapsed.
Civilization Is Engendered By Reliable Surplus Food
Civilization, at base, is the art of generating storable surplus food, which generates surplus free time. Those two surpluses are the genesis of the arts of civilization, mythically gifted to humanity by the Sumerian god Enki, and the basis of economic behavior as such. The essential civilized act is the societal generation of surplus food and time.
As agriculture advanced into what have been called, in other theories, hydraulic despotisms, a term useful here for the intensity and centrality of irrigation-system stewardship it names, without importing the causal thesis attached to it, the essential elements of which came into being in Sumer: irrigation canals, roads, and the warehouses run out of the temples where surplus food was counted, concentrated, and stored.
Incidental to that process, not as the goal of it, but as its byproduct, fungible and frangible standards were developed. Units of volume, units of weight, were invented to account for the commons of surplus, an inventory. Individual surpluses combined into a centrally stewarded directive influence, recorded on clay tablets as asset units and shared with the commonwealth in taxes, or shares of assets. That is how the canals, roads, and temples were built.
Civilization is the act of setting fungible, frangible standards for exchange, no more, no less. The higher the civilization, the more complex the standards and their operations. Every advance in civilization is the addition of new standards operating simultaneously.
A Monetary Theory
‘Money’ is an actual asset: a system of fungible, frangible ‘things’ that move from plenty to scarcity, forming the liquid basis of contracts and relative valuation. Silver by standard weight and size has always been considered money. Money is an asset unit useful for relative valuation in markets as societal inventory; essential for calculating opportunity cost, the cost of doing one thing at the expense of another, across competing claims on scarce resources capable of legitimate monetization. Properly used, it is a directing influence in human affairs.
‘Currency’ is a mark in a double-entry ledger representing value capable of being reified into money under specific protocols. The clay tablet entry is currency, an accounting convention recording inventory, not the inventory itself. It represents actual physical quantity and is only ever ‘systemically’ worth anything: a claim, redeemable back into the actual asset under the temple's (or bank's) protocol, not the asset itself.
Currency is one abstraction level above money and cannot be mistaken for it without a category error. Money is abstracted into currency notation on entry to the ledger; currency is reified back into money when removed from a vault associated with the ledger.
The Nature of Governmental Levies
Taxation, on this reading, doesn't alienate assets, it combines them into collective directing influence, the same pooling mechanism visible in the Sumerian temple warehouse. A citizen's cut joins others' cuts to create sovereign capacity: defense, infrastructure, administration. Pooling that cut is the required cost of doing business inside a system that creates surpluses worth sharing, the bridge from material civilization (standards, markets) to the Arts of Civilization surplus time makes possible.
Aggregate Demand as a Commons
Now we get to the heart of this argument, aggregate demand as a commons. It is an unusual and precise construct for these times of vague vocabulary and specious argument but well motivated by Lord Keynes' observation, proven these last decades by consistent growth in GDP and related consistent growth in public debt, that the economy is driven by aggregate demand and that aggregate demand can be valuably characterized as a commons similar to any other commons, a running stream or a village pasture, from which we draw employment, sustenance, and economic direction, by minimizing opportunity cost in what we do.
Once having accepted aggregate demand as a commons there is an immediate need for a fiduciary steward of that commons. It has to be a steward. Nobody owns aggregate demand so there cannot be an owner.
That steward would be empowered to assess damages to the commons of aggregate demand such as would be incurred by capable autonomous AI robots in terms of employment and price competition. Such damages would be redressed by a per hour fee for such robot labor assessed upon the responsible party such as we see with working animals and their liabilities.
Further, since open competition with such robots outside the polity not paying fees would destroy the aggregate demand commons, tariffs against those products must be subject to protective tariffs. The fiduciary steward would naturally be the tariff czar, as it concerns its commons and its fiduciary duties.
The damages and tariffs would be directly infused into the aggregate demand commons through the establishment of a GSE civil corporation as fiduciary steward issuing voting stock to all citizens and paying dividends on that stock equal to the total damages and tariffs.
Do Well and Be Well
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