Chapter 7. Minimal political conditions for the introduction
of the telematic cheque-invoice.
- This chapter's goals.
- The present day alternative.
- An independent justice, for the protection of the personalized
- Socialization of the analytical-statistical information.
- Legislative suggestions on the monetary transition.
- Telematic teams and equipment.
- Fiscal simplification.
1. This chapter's goals.
In this chapter we will try to establish the minimal practical conditions
which are necessary, so that the introduction of the telematic cheque-invoice
be not only technically possible -which has already been demonstrated-
but also and above all to be politically possible in the following
that its practical realization and adjustment to social reality be fully
satisfactory, with as little as possible difficulties, tensions or problems
of any sort;
it must mean a real service to all the geo-political society, a
progress for the market and for society, and not a privilege, exclusivity
or telematic tyranny of a few over all the population.
2. The present day alternative.
proposal of a transparent and informative monetary instrument as the one
described in the previous chapter usually produces
many doubts with respect to a fundamental question: won't the
be the sophisticated instrument of a new totalitarism such as the one described
by George Orwell in his work «1984», with a power and capacity
of oppression never before seen in a state, which now will be able to know
almost everything on its subjects? What will happen with personal liberty
and intimity, until now founded on anonymity, and very especially on monetary
Before adequately replying to this objection, we would like to point
out an evident fact. The telematic revolution is today an irreversible
fact, which cannot be stopped, and which will influence more and more all
the fields of human activity, but always in a purely instrumental-inert
dimension, at the service of the ones really in power.
On the other hand, it must also be considered that telematics,
as any other technology, can be used in many different ways, according
to the ideals and interests behind every single action.
For these two reasons telematics -as an auxiliary instrument very powerful
in the field of transmission and information processing- implies necessarily,
either a great hope for all the peoples on earth (as long as it is understood
and applied as an instrument accessible to everybody, at the service of
liberty, dignity and information of all the people) or a great threat
of more despotism and power on people (if it becomes a monopoly
of the powerful, at the exclusive service of their interests).
The alternative we have submitted is also clear in the case of the telematic
Whether we like it or not, the telematic market will be a fact
in a few years. In all the technologically advanced countries there are
several experiments in course with electronic money which will soon
Now, these different initiatives are not yet included within a theoretical
reflexion on the global money system and its application in the
whole society. In this way, monetics -that is, the telematic money
system- can drive us more to the absolute despotism prophesied by orwell
and huxley than to a world of real liberty which we all wish.
We therefore must accept the challenge of the telematic revolution,
and instead of choosing regressive solutions -which as a matter of fact
are not applicable because the phenomenon is irreversible- we must try
to find the real mechanisms which will protect the actual liberties
of all the citizens.
In this chapter we will submit two of these mechanisms. They will be
considered mainly from a practical point of view of technical steps to
be taken, while the fundamental grounds and possible social repercussions
of these mechanism will be treated in detail in another essay.
3. An independent justice, for the protection of the
personalized monetary archives.
The control of population is included in the same social-technological
development of monetary telematics which is being introduced, whether we
like it or not.
Therefore, the problem to be solved does not depend from control but
from the use which will be made of it and from the legitimate authority
or illegitimate power which will determine such use.
Among the several social and political organizations which could take
up this function, we choose here justicial authority, which, being
actually independent from the state, could objectively take in charge
the total monetary archives of the geo-political society.
Justice has no direct control on the present of people and it
only punishes their documented past. And even if it is really independent
from the state -from the executive and the legislative power- it cannot
avoid the severe technical frame of law, from which it depends totally
For these reasons, justice can become the most adequate authority
to effectively control:
Respect to private secret and to personal intimacy to which every person
has a right. Private secret can only be made public in two well defined
when there is a written authorization of the person concerned on the document
which is made public;
when there is a firm sentence by the court.
Respect to professional secrecy, which obliges and is a right for every
person, whichever his/her profession.
It would also be advisable that, on the long run, all the teams forming
the telematic monetary network -whether machinery or human teams- should
depend from justice.
Justice therefore will be the only institution with an access to the
of the data recorded by the telematic monetary network. The right of access
of the state and of private citizens will be constitutionally limited to
the data of an analytical-statistic type, that is without reference of
names nor personal identification.
The fact that justice should be the sole guardian of the telematic monetary
information and the only authority to have full access to the network,
does not mean that this right of access should be used indiscriminately.
Law should establish that justice can only use the information it guards
with reference to a real case of a process. When an instructing judge has
founded reasons to peruse monetary documents related to the case he has
in hand, this judge, and only he, will be allowed to examine the relevant
documents. Only these documents will be made public in the corresponding
It is clear, however, that many will consider deceptive the possibility
of a neutral, objective, unselfish justice. Cases of corruption among the
members of judicial authority are not unknown.
For this reason it is necessary also to take actual technical steps
to warrant the real independence of justice with respect to the state and
to any sort of power. Only this independence can bring back trust
in justice as an effective protection of all the members of the geopolitical
Economic independence: to obtain it, it is necessary to constitutionalize
a justicial budget completely independent from that of the state, fixed
as a given percentage of the general budget, which would be attributed
automatically to justice, without any discussion.
Institutional independence: the justicial body must be, as an
institution, completely independent from the state. This means, in the
first place, the total disappearance of the department of justice. Every
justice body, at its local and technical level, and the union of justice
bodies at its own general level, must be the only ones with actual decision
making and punishing ability within the frame of established law.
Independence of organization: based on the two former sorts of
independence, justice can really become self-managed, with complete freedom
of organization and decision at all the levels and phases of its specifical
task: management, appointments, promotions, studies, deontology, election
of superior bodies, etc.
When the government pays, appoints and watches, there cannot be a real
independence, neither in personal nor in institutional grounds.
4. Socialization of the analytical-statistical information.
Another political step, necessary to ensure the democratic use of the
telematic cheque-invoice, is the socialization of the telematic
monetary network and of all the analytical-statistical information obtained
through it. This step is the only effective guaranty to ensure that all
this information, so important, on the monetary dimensions of the market
and society, will not be monopolized by real or official power groups
for their own benefit and against the population.
Information is to-day the conclusive element when we must act effectively
and with intelligence.
Bankers, for example, have carried on their job effectively since very
ancient times, thanks to the fact that they have a good information on
the needs of the market at any time. This information allows them to draw
high benefits and to offer good business to their clients. But the information
at the disposal of every bank and banker has the very serious deficiency
of being very partial and subjective, as it is only sectorial depending
from the professional peculiarities of its clients, who are always only
a few if compared with the total number of inhabitants. If the customer
does a good piece of business, the bank does it extra good, since it has
only contributed its intelligence and information, while the client has
contributed his money -his own or lent by the bank-, his trade spirit,
his work and that of his employees.
It is said that «knowledge gives power»: that who has the
information can use it to obtain a benefit taking advantage of those who
have got none. Almost always when a body of knowledge is held in secret
-exoteric, occult, reserved to a minority- this knowledge degenerates into
on and against people.
The present systems of power through information are very sophisticated,
because they can make use of information technologies. In many technologically
advanced countries, there are telematic systems being prepared for the
identification and police control of population. Monetary information
is monopolized by the banks, even if each of them only knows information
on its own customers. Electronic payment will become more and more widespread
and also information on their customers' monetary activities will become
more and more complete in the banks.
Under these conditions the varions possibilities of action must be kept
we let things stay as they are, with a few having the information while
the majority has none;
we give up monetics: in face of the irreversibility of this phenomenon
it is actually impossible, and besides it would imply giving up an evident
we go to the root of the situation, giving it a completely new configuration:
a fully informative money system, putting at the disposal of the whole
society the information obtained, excluding personal data which are protected
The last one may seem the most intelligent of the three possibilities.
Therefore, the information produced by the telematic monetary network
must be guarded with respect to personal references by a justice independent
from the state and from any real or legal power.
But the centralized filing of the cheque-invoices, when they have been
emptied of personal references, produces sectorial analytic statistics
which include all the geo-political society, and which can be easily socialized:
that is, put at the disposal of all the population, in all its social classes
and cultural levels.
This socialization of all the telematic monetary network and
of all the information produced by it, implies in our proposed plan:
the free property and private initiative in the production of the technical
team, both with respect to machines and programmes.
the purchase of all the necessary equipment for the installation of the
network and its maintenance, besides payment of salaries to all the members
of the informatic technical teams, wholly for the account of the Treasury
of the geo-political society.
and the free access for any member of society -individual or collective-
to all analytic or statistic, sectorial or global, information, produced
by the telematic monetary network, always free from personal references.
In this way the telematic monetary network can become a real common wealth,
at the total, free and gratuitous disposal of:
All the population in general: free citizens who wish to be permanently
informed on the evolution of the macro-utilitarian magnitudes of
their region, town, quarter, etc.
All the utilitarian agents: both producers and consumers, but very
especially the former ones, who will therefore act on the market with more
knowledge and therefore more effectively.
All the market researchers: they will have a high quality metric
information, necessary to compare experimentally their models, up to now
The state: which as a conductor of the geo-political society, will
by this means have a privileged instrument to direct and compare its legislative
and executive actions.
The democratization and popularization of all this information is easy
to organize, through various means: telematic screens in public buildings,
special consulting cubicles, the home television screen... The screens
can show the information as graphs, synthetic images handling colours and
forms in such a way to produce a popularization understandable at any cultural
level and by anybody watching television.
5. Legislative suggestions on the monetary transition.
The theoretical proposal of a change in the money system, if it is to
be applicable, must go together with a complete and objective study on
the way to carry out this change.
This is not the place to make this study, but we can submit some suggestions
on the way to go over from the present regime of anonymous money to a regime
in which the telematic cheque-invoice would be the only legal
The first action of any state wishing to introduce the cheque-invoice
as the sole legal monetary instrument must be the radical suppression
of all the monetary instruments in force. It will be necessary to give
a legal term for their conversion into money units recorded in a
fully personalized current account.
The next step will introduce the compulsory exclusive use of the cheque-invoice
in every market operation. No merchandise will go from one owner to
another without its pertinent cheque-invoice; and the other way round,
will be allowed to produce a cheque-invoice without the corresponding merchandise
movement: this is the basic rule of all the new monetary laws. The
practical consequences of this rule are many and important. For example,
no illegal merchandise, not included in the tax duty list, will be in a
position of being sold or bought through a cheque-invoice, since it is
compulsory to indicate the tax duty number of the goods; presents of valuable
objects or of money will become impossible, as the cheque-invoice identifies
the real and legal owner of each of the purchased goods1.
Now, probably this change will not be immediately possible, because
there will not be enough informatic data, and because the users will not
know the way to do it. Therefore the law will have to foresee a system
of progressive transformation, according to the different sectors of population.
Fundamentally, two cases must be considered:
companies. With respect to companies from the beginning no exception
will be admitted, as they are technically prepared to introduce the cheque-invoice.
Any businessman -however individualist and uninformed- must be considered
as a production unit, that is as a company. Therefore, when purchasing
factors from other companies, he will necessarily have to use the inter-company
To solve the problems which might arise in case of companies lacking
ability or very isolated, it will be necessary to organize regional legal
assistance, which will be carried out by the local association of trading
banks or savings banks.
Consumers. For consumers who, for cultural reasons or any prejudice,
cannot or will not, for the time being, accept the cheque-invoice
for payments, a progressive transition system can be adopted.
At the beginning there will be in force «bearer banknotes»
up to, let us say, 25 money units and with a daily maximum of, for example,
1,000 money units obtained from the current account.
Simultaneously, the use of consumers' cheque invoices will be
the introduction of a gratuitous lottery in all the geopolitical society
based on the nullifying number of every consumers' cheque invoice;
the granting of easy credits to all the shops and retail traders
for the introduction of invoicing equipment more and more simplified and
interconnected, easy to use and convenient both to seller and buyer, through
simple current account cards.
As a second step, when the first one is well on its way, the «bearer banknotes»
will be demonetized. Only the more stubborn will be able to buy daily and only
in the town hall of the place, cheque books of, for example, 1,000 banknotes in
money units, which will be valid one day only. These cheque books will be bought
through a cheque invoice against the current account of the buyer; the unused
banknotes will be exchanged the day after in the town hall. The used banknotes
will be sent to his bank by the shop keeper or retail trader after nullifying
them, according to law, with his own seal.
6. Telematic teams and equipment.
Another very interesting item when introducing the suggested money system,
is that of human teams and material equipment necessary to the system.
As a matter of fact, a telematic money system requires the installation
of a complete monetary network at the levels mentioned in chapter
6: invoicing centres; accounting centres; geo-political centres and
geo-justicial centres. It also requires the existence of efficient specialized
teams to work out and improve the analysis programmes and the monetary
Therefore, the law will have to foresee a consistent and applicable
plan to prepare such technical equipment and human teams.
a. Material equipment. In the same way as the analytic-statistic
information on the market, telematic equipment in the long run will have
to be socialized as a common property of all the geopolitical society.
But the first practical problem to appear is that of the starting creation
of a sufficient network to introduce the telematic money system.
An emergency solution, if there are not enough funds to establish a
complete new network, would be that of hiring all the necessary telematic
equipment, already present in the geopolitical society under consideration.
This equipment could be leased in free periods at market prices and with
an option to a final purchase.
b. Human teams. The human teams in charge of preparing and permanently
improving the monetary programmes will be financed by the treasury of the
geopolitical society. They will have to be reasonably well paid in order
to be competitive with private enterprise as far as personal professional
ability is concerned.
A very important fact which must be foreseen, is the need for a treble
geo-political telematic monetary centre and geo-justicial monetary centre2.
As a matter of fact, to warrant a trustworthy system, both justice (complete
documentation) and the state (only mercantile documentation) must, each
one seprately and with a possibility of comparison, effect a control of
market and of society with three different telematic systems and
completely independent human teams. This goal will be gradually reached
as the necessary financial means are obtained.
7. Fiscal simplification.
Even if this matter will be studied in detail in chapter
11, we would like to point out here one of the most important political
possibilities offered by the telematic cheque invoice, which is that of
a great fiscal reform.
As a matter of fact, fear of fisc may actually be one of the main reasons
for rejecting our proposal: it is clear that with a fully informative telematic
money system, tax fraud is thoroughly impossible and therefore the state
can become a despotic master.
The political proposal therefore must be interestig for everybody, avoiding
a rejection by the majority. From this point of view, the following option
can be reasonable, and it will be detailed in chapter
Tax simplification: introduction of one single tax, made
out of a fixed percentage - changing every year according to the budgetary
needs- to be paid by customers on all and each of the cheque invoices produced.
Tax reduction: a trend to a progressive reduction of the tax percentage
with respect both to the impossibility of fraud (which causes a much more
equitable distribution of the tax burden) and to the rise of other alternative
sources of credit and community financing (see chapter
will be necessary to create a specialized institution to study the requests
to bestow material or monetary values, and to grant, through a justification
or not, the possibility to effect a legal donation.
telematic network of reciprocal selfcontrol is normal in modern ship or
aircraft automatic pilotage. Network number 1, the most modern, gives orders,
except cases in which there is a clear contradiction with data handled
by the two other networks. In this case, network number 2 takes up action,
under control of network number 3, etc. This system allows to control and
repair network number 1. Since the three networks have different hardware,
and their software is the result of different teams of programming analysts,
it is practically impossible for anybody, even for a super-specialist,
to act simultaneously on the three processes.
This system avoids data manipulation by anybody, even by those «governing
things and commanding men», who prefer not to introduce it to be
able to act freely, even if this means being «deceived» by