Civil Trusts as Free Economic Entities (Zones)

Within my forthcoming book Cosmopoly the civil trusts that would provide the institutional foundation of Cooperativism would be separate and interdependent economies. Civil trusts would be free economic entities that would be formed to deal with all of the particular needs of various groups of people. Within civil trusts members would be able to manage their own entrusted economic relationships. Civil trusts would be free economic entities in which the entrusted membership would pay taxes as a group instead of as individuals.

A system of civil trusts would allow each group of people to collectively deal with providing for their own needs first. The membership of each civil trust would be able to service themselves before their having to collectively pay taxes to any higher levels of government. This would also provide those higher levels of government, the private sector and the non-profits, targeted communities for them to help support and invest in.

The reason civil trusts would be more free economic entities then free economic zones are because they would not be limited to any particular location. The membership of a civil trust could be from many different locations. What would make them members of the same civil trust would be their membership account with it. The membership account of a civil trust would be linked to the products that it would be entrusted to it. This means that no matter where a particular entrusted product was purchased it would be entrusted to the entrusted members that would purchases it.

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