Fiduciary Reckoning

with the future consequences of present choices

building up new frames for giving words new meaning for thinking and talking differently
about choosing our new beginnings from among our prevailing possibilities
by deploying money to finance enterprise to shape an economy
for keeping a good society ongoing into a dignified future, forever,
through technological propriety, social equity and habitat longevity
for living our best lives in the 21st Century, and beyond…

vectors of reckoning






The Fiduciary Way

A new social narrative for framing new social norms.

Theory. Philosophy. Sociology. Anthropology.
The Archeology of Technology.
The Architecture of Institutions.
Mapping Social Relationships of Authority and Accountability.


A New
21st Century

holding institutions accountable for authenticity and integrity

evolving through curated conversations our shared common sense of what is, and what is not, fiduciary in the deployment of Fiduciary Money as financing for enterprise to shape our economy

By Choice

Bank of Nature

fiduciary financing for fiduciary-grade enterprise

because money matters

By Force of Law

A Proxy
For Nature

legal advocates
for paying Nature
to make more Nature
(and not less)
in a new
that is interactive
(and not extractive)

Urban, Rural,
Curated and
Left Alone


financing enterprise to shape an economy of sufficiency for keeping a good society ongoing in to a dignified future, forever, through technological propriety, social equity and habitat longevity for living our best lives, in the 21st Century, and beyond…

The Fiduciary Way
Is An Innovation in
the Social Structures for
Social Decision Making
that Humanity Uses
to Make Decisions
Together, Socially,
For Choosing
New Beginnings
From Among  the
Prevailing Possibilities
for Living Our Best Lives
in the 21st Century,
and beyond…

What are the social structures for social decision making that humanity uses to make decisions together, socially, for choosing new beginnings from among  the prevailing possibilities?

What does it meant to choose new beginnings?

What are the prevailing possibilities?

We cannot seriously consider our simple proposition that fiduciary money needs to be deployed in fiduciary ways unless we first understand what fiduciary money is, and how it gets deployed.

Which requires that we understand what money is, and how it gets deployed.

Which requires us to see that society makes social decisions about choosing new beginnings from among prevailing possibilities through social structures for social decision making.

And that as humans we live together in society by telling each other, and ourselves, shared social narratives about how we make our social decisions together.

These social narratives burrow deep into our social subconscious, so that we begin to think of them as TRUTH, and forget that they are just conventions, social constructs and social contracts that we enter into with each other, to set the rules by which we will choose our new beginnings within a very specific configuration of prevailing possibilities.

Because these social contracts become so deeply buried in our social subconscious, it can be difficult for us to reconsider, individually and in society, how to change these contracts to innovate them, when the possibilities change, and our way of choosing our new beginnings must be made to change with them.

Renegotiating Our Social Contracts
for Social Decision Making Through Finance

We live today within a Neoliberal social narrative of the economy. This narrative teaches us to see the economy as the forward projection of an historical trend line of Growth in transaction volumes measured in numbers, as prices paid in money: GDP, NAV, NPV, jobs, unemployment, inflation, the national debt.

We are told that there are people, and our well-being, behind these numbers; that if these numbers are good, then Life Is Good.  But it is hard for our common sense to shake the feeling that these numbers are not really “us”; that they are, in fact, stripping us and our shared humanity out of our economy, replacing people with points of data that matter only to professional market makers, who make their money, in the economy, by making markets that trade on numbers.

This is the common sense behind the Neoliberal nonsense of Trend Line Growth.

This neoliberal narrative of Numbers = the Good Life is a 20th Century innovation on the 19th Century social narrative of Progress.  In the 19th Century, Progress meant technological innovation and economies of scale: geopolitical expansion into an ever-expanding New Frontier of new possibilities for choosing new beginnings, and living our best lives. The Neoliberal innovation is to strip our best lives out of Progress by reducing everything to numbers. This creates a Late 20th Century social narrative of the economy as Growth: the unqualified, quantitative increase, from one period to the next, in transaction volumes measured in prices paid in money: GDP, NAV, NPV, share prices in the share price trading markets.

This is the social narrative that we are still living within today, in the early decades of the 21st Century.

It is a false narrative, that is failing us, catastrophically.

The Neoliberal Growth In Numbers narrative is inauthentic, reductionist, extractive, externalizing, dehumanizing, uncaring and recklessly unreckoning. It is driving inauthenticity in the institutional exercise of institutional authority across the entire Continuum of Capital.  This inauthenticity enters into the Continuum of Capital beginning with Pensions & Endowments, and is percolating backwards, through Exchanges & Funds, into Banking & Lending, Taxing & Spending, Church & Philanthropy and Family & Friends.  Leeching out from the Continuum of Capital, inauthenticity in the institutional exercise of institutional authority is corrupting Enterprise, Government and even Civil Society.

We are living today within a cascading cavalcade of social failings that traces its origins to the ideological inauthenticity of Neoliberalism.

This cavalcade includes:

  • Short-termism;
  • Economic Elitism;
  • Corporate Gigantism;
  • Financial System Instability;
  • Retirement System Unreliability;
  • Social and Environmental Unsustainability;
  • Dark Money capture of Politics and Public Discourse;
  • Political Divisiveness Degenerating Towards Violence; and
  • Institutional Inability to Take Action on Climate, and other challenges in or changing times that require humanity to take action at the scale of climate and in the time of climate, as Earthlings living together on one shared Earth

The Fiduciary Way reckons with and rectifies this pernicious and pervasive inauthenticity through a new social narrative of institutional authority and accountability for deciding where the money can, should and will be made to go through financing for enterprise to shape the economy for keeping a good society ongoing into a dignified future, forever, for living our best lives in the 21st Century, and beyond.

This reckoning and rectification begins with an inventory of the institutions through which society makes social decisions.  This inventory begins with four primary categories of social structures for social decision making: Civil Society; Enterprise; Finance; and Government.

Within Finance, as social structures for aggregating surpluses saved by individuals for deployment as financing for enterprise to shape the economy, this inventory identifies six different architectures for aggregation and deployment.  These are:

  1. Family & Friends aggregating surpluses saved to care for their own, and deploying those aggregations as patronage for IMPACT, where Impact is whatever the family and its friends think is good for the family and its friends;
  2. Church & Philanthropy aggregating surpluses saved to care for others, and deploying those aggregations as grants for MISSION;
  3. Taxing & Spending aggregating surpluses for public health, public safety and the public wellbeing and deploying those aggregations as subsidies for POLICY;
  4. Banking & Lending aggregating surpluses saved to manage money, and deploying those aggregations as temporary monetization of PROPERTY;
  5. Exchanges & Funds aggregating surpluses saved to idiosyncratically and opportunistically put money to work making more money, and deploying those aggregations through securitization for speculation on PROGRESS (that has been corrupted by Neoliberalism,, into GROWTH); and
  6. Pensions & Endowments aggregating surpluses saved to programmatically provide certainty against certain of life’s future financial uncertainties, and deploying those aggregations through negotiation for SUFFICIENCY of cash flows to their programmatic purpose.

Let’s talk about where the Money for Finance actually comes from,
because it is important to learn to see that all this money originally comes from us, as money we earn but do not spend, instead setting it set aside to provide for various future needs. We give these set-asides to different experts, which these experts aggregate with set aside from others, and then deploy those aggregations a financing for enterprise to shape the economy.

It is good for us to know who the various experts are that we are giving our set-asides over to, and what their expertise is supposed to be for deploying that money as financing for enterprise, so that we can hold them accountable to the social contract they from with us for how they are going to actually deploy the set-asides they aggregate from us.

Once we learn to see that all the money for Finance actually comes from us, as the aggregation of what we, as individual actors in the economy and society, have set-aside from immediate spending, as reserves against our future needs and uses, then we can begin to see experts in finance as enterprising visionaries, and professional service providers for profit.  If we want an economy that is good for us, we have to be responsible consumers of the expert services of expert services providers in Finance. Which means we have to become informed consumers, subscribing for the right services to fit our various set-aside objectives, and holding our providers accountable for delivering their expertise according to the social, and to some extent legal, contracts that we have entered into with them, for the provision of that expertise.

Next, this inventory interrogates Pensions & Endowments about their success at negotiating for sufficiency to their purpose, and finds them failing.

And faithless.

Finance has lost its way, through


They are not deploying fiduciary money into the economy in a fiduciary way.

Instead, they are providing financing almost exclusively to market markets who are using that money to make money making markets through securitization for speculation on share prices as experts whose expertise is in Exchanges & Funds, not The Pension Promise, and its Endowments equivalent.

Their loyalty is to the Markets. Not to their purpose.

Which is to day, not to us.

This conclusion leads to an indictment of Neoliberalism for corrupting Fiduciary Money through Financialization.


That indictment leads to a reckoning with the authenticity of Fiduciary Money, its  POWER and its PURPOSE and its DUTY to exercise its powers prudently, in undivided loyalty to its purpose.

This reckoning leads to a rectification of fiduciary finance by setting it free from Neoliberal Financialization to reclaim its authenticity and re-establish its integrity as fiduciary financiers of fiduciary-grade enterprises.

  1. Seeing Pensions & Endowments as
  2. Institutional Fiduciary Owners of Intergenerational Fiduciary Money
  3. with the FIDUCIARY POWER to negotiate and
  4. the FIDUCIARY DUTY to negotiate prudently
  5. in undivided FIDUCIARY LOYALTY
  10. for qualifying individuals, directly
  11. for all of us, consequently
  13. that is a PUBLIC GOOD
  14. a new 21st Century Global Commons
  15. accountable to ALL OF US
  16. who self-select from among the general population of everyday people living our everyday lives as caring enough to participate
  17. As new 21st Century Global Citizens
  18. in shaping our evolving global common sense of what is, and what is not, fiduciary in the deployment of Fiduciary Money to shape a fiduciary future.

WHO can and should they be negotiating with?

WHAT can and should they be negotiating for?

Deploying Fiduciary Money as fiduciary financings for fiduciary-grade social contracts between enterprise and popular choice through fiduciary minimum cash flow equity payback/earnback, plus “upside”, agreements that prioritize enterprise cash flows for:

  1. Popularity in the social contract with popular choice;
  2. Sufficiency of cash flows to the needs of the business, including its commitments to its financiers, fiduciary and otherwise;
  3. Fair Trade in all supply chains;
  4. Fair Engagement with the law and community;
  5. Fair Reckoning with the impacts of present choices on future possibilities;
  6. Fair Working conditions and compensation;
  7. Fair Dealing with customers and competitors through al distribution channels;
  8. Fair Sharing between enterprising visionaries and their financiers all along the Continuum of Capital.

A New Narrative of Financing Enterprise

the journey from inspiration to stablization in the social contract between enterprise and popular choice

The Qualities of Quantities of Enterprise Cash Flows

updating community standards of social and environment justice in the conduct of commerce

Realizing Fiduciary Minimums, plus Upside

formula-based sharing in enterprise cash flows, directly, and not derivatively

Equity Payback/Earnback

focusing on the future, not perpetuating the past