In considering the understanding of constitutional economics its important to correctly define terms,
since modern public institutions of civil law have renounced the ancient principles of justice and charity.
Absolute ownership means one who enjoys full and complete liberty to retain or dispose of something
in so far as its not forbidden by law. Qualified ownership means when more than one have different rights to the same thing,
one subordinate to the other, the proprietor has the highest right to the thing.
Over 1700 years ago Emperor Diocletian issued an edict that fixed the highest prices for the
sale of all goods and appointed a legal schedule of wages for 19 different classes of workmen. Ancient elders as well as the
founding fathers implicitly asserted the right of the worker to sufficient compensation for the maintenance of ones life when
they declared that GOD wished the world to be the common heritage of all men, and they denounced as thieves the super rich
secret elite controllers who refused to share their surplus of abundance with the needy.
Scholars of the common era held that all useful articles of commerce be sold at prices which society
regards as just, but insisted that in obtaining this the community should take into account the utility, scarcity,
and cost of production, since at the time the cost of production was mainly labor. The sufficient stimulus for a worker to
labor is the ability to acquire private property. If a person has Not the free liberty to acquire property, the necessary
motivation to work would be wanting. The fruit of labor connected to this point signifies property in the widest sense, WAGES.
Labor as well as goods should bring a just price, in other words a just price for goods necessarily includes a just price
for the labor that produces the goods. Anyone can realize and figure out the just price
of things that one sells by refering to the cost of living ones station in life. Todays understanding of compensation is is
very precise regardingthe minimum as summerized by the following: Remuneration must be sufficient to support the worker in
reasonable and frugal comfort. If through necessity or fear of worse evil, the worker accepts harder conditions, because the
employer or contractor will give the worker no better, than the worker is the victim of fraud and injustice.
It follows that each one has the right to procure what is required in order to live, and the
poor can obtain this only by work and wages. Private ownership alone is able to harmonize order and freedom in the social
order. If no one could exclude others from using ones property, order would be immpossible. Nobody could lay down in advance
a plan for ones own life and activity, or procure in advance the means and material for ones own livelyhood.
Monertary currency is the common and convenient medium of exchange between buyer and
seller, which is supposed to represent something of real value such as gold and/or silver. A
nation state can achieve economic stability and prosperity by using a currency based on a useful and valuable resource
that should never be confiscated by foreign bankers.
A false understanding of history renders a false perception of reality today. In order to achieve
economic stability, its necessary to establish integrated communities according to social justice that benefit all workers
equally.
