Moore, Terrence: The Bancor Commonwealth: The Financial Architecture of a Flourishing World Economy

A new international currency faces a foundational problem: how to distribute the initial supply fairly. Existing proposals (Keynes’s bancor, Special Drawing Rights, BRICS reserve currencies) rely on GDP‑weighted quotas or political bargaining – both of which entrench existing asymmetries. This paper proposes a radical alternative: the Bancor is launched on a per‑capita basis, giving every human life equal representation in the initial currency pool. The value of the Bancor is anchored to a globa