The American Commonwealth Federation (ACF) is a trans-partisan, grassroots organizing movement for the realization of the final concept of the United States, an American Cooperative Commonwealth. The historical mission of the United States is to realize the concept of a democratic, independent, sovereign commonwealth built on the mutual ideals of equity and freedom.
To achieve the true American Dream, the sovereign independence of free citizens, we propose the following twelve fundamental reforms:
I. Abolition of the enclosure of land and the natural commons. The foundational principle of private property is that every person has the right to the whole product of his or her creative activity, or labor. The Earth, given freely and uncreated by any human hand, is the natural inheritance of all. Therefore, the appropriation of the value of land is a theft and the most fundamental source of social injustice. We propose collection by the public of the full rental value of land and natural resources as the condition for exclusive access thereto, to be put toward common purposes and public expenditures, replacing all taxes on labor, improvements, investments, and sales.
II. Abolition of the copyright and patent monopoly. Ideas and information are of their nature non-scarce and replicable. Empirically, the monopolistic guarantees of copyright and patent privileges do not spur innovation; in fact, they create the opposite effect, actively hindering the sciences and useful arts and allowing opportunistic rent-seeking to draw on the energy and enterprise of productive labor. Therefore, we propose the wholesale abolition of copyright and patents.
III. Public ownership of infrastructure and right-of-way monopolies, including roads, bridges, railways, and airports. The right of mobility for all citizens will be respected by ensuring public access to transportation at no cost.
IV. Abolition of the wage-employment relation, or human rental contract. Free persons are self-responsible, de facto originators of both the positive outputs and negative inputs of the productive process. It is not, strictly speaking, possible to surrender one’s self-responsible agency in service of another and abjure claimancy to the factual results, positive and negative, of one’s actions. Therefore, the pretend employment relationship is a fraud, a contract that is unsatisfiable as a matter of fact. The proper, and the only non-fraudulent, means of organizing productive enterprise is the worker cooperative, whereby each person who shares in the factual responsibility for the productive process has an equal claim on the positive outputs, as well as the negative inputs, of the productive process, and an equal say in the organization of that process. We therefore propose the abolition of all legal recognition of alienated employment relationships, as a logical next step following the abolition of human chattel slavery.
V. Institution of a wealth tax on financial assets. Those benefitting from the sovereign currency system of the United States and not enjoying their wealth via consumption or putting it to productive use via investment in real assets will be required to pay for the opportunity cost to others of their hoarding of claims against the commonwealth.
VI. Abolition of the public-private partnership banking model in favor of full exercise of the sovereign currency system without self-imposed, artificial financial constraints, as well as establishment of a public banking alternative. The full retirement of the national debt to be arranged by Treasury fiat, and the issuance of Federal bonds discontinued permanently; the Federal Reserve to be renamed the National Bank of the United States, with accounts opened for all United States citizens, registered businesses (including banks), States, and government agencies at all levels. Post Offices to be fitted to serve as National Bank branches, with construction of separate National Bank branches and ATMs to follow. Monetary policy to be conducted by fiscal means directly, via the crediting of accounts at the National Bank by public spending and debiting accounts by taxation. The archaic institution of the “Debt Ceiling” to be abolished. The National Bank to be charged with extending credit to worthy borrowers, both individuals and enterprises, on risk-assessed, interest-free, co-ownership and equity terms as opposed to interest-bearing debt finance. Federal Deposit Insurance to be discontinued for private banks.
VII. Creation of Federal healthcare and higher education systems to provide healthcare and higher education at nominal rates to all citizens.
VIII. Nationalization of the legal profession. Each lawyer and paralegal to be a Federal employee. Access to justice under the law no longer to be for sale to the highest bidder.
IX. Nationalization of the defense industry. Production of the weapons of war to be utterly divorced from the profit motive.
X. Abolition of the profit-motivated private prison industry, and corollary abolition of legal penalties for victimless crimes involving controlled substances, long lobbied for by the prison-industrial complex. Full public ownership and in-sourced maintenance of all prison infrastructure.
XI. Initiation of a Federal guaranteed employment program. When there is slack capacity in the economy, including unemployment, the National Bank of the United States to be charged with crediting the Federal guaranteed employment agency with sufficient new currency to offer decent-paying work to any adult citizen willing to work.
XII. Initiation of a sovereign wealth fund by which all citizens may enjoy returns to capital assets. Transform the Social Security fund into a productive source of wealth via purchasing tangible capital assets and leasing them out to new and existing businesses operating on the worker cooperative model in order to return capital dividends to citizens. Operating on a federalist model of subsidiarity, the sovereign wealth fund to provide a public alternative to private capital and secure the benefits of labor-saving technologies, including automation and artificial intelligence, to all citizens.
To our commitment to the twelve fundamental reforms, we add the following corollary principles:
I. Absolute commitment to the principle of non-intervention in foreign affairs, in the spirit and tradition of President George Washington’s Farewell Address.
II. Upholding of the strict application of the freedoms enumerated in the Bill of Rights.
III. Defense of those intermediary measures that have been introduced to protect the interests of the tenant, worker, and debtor against the rapacious appetites of would-be exploiters.