March
2000
"Coupon
Principle" to Eradicate Poverty Everywhere on
Earth
from
an address by Dr. Bevan Morris
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In this Fourth Year of
Maharishi Global Administration through Natural Law, there is going to be
a great focus on the eradication of poverty in the world and the creation
of affluent societies everywhere on earth. Maharishi has felt a very deep
concern that as much as half of the world’s population is still in great
poverty, with all the sufferings and miseries that go along with that.
In the past decades, attempts
have been made to eliminate poverty from the nations by international
banks loaning money to those countries, or by the International Monetary
Fund. But the reality is that this has not eliminated poverty.
So Maharishi is pointing to a new
way of eradicating poverty, without money. It’s a very interesting
concept, even intellectually, to eradicate poverty without money.
Maharishi’s program shows to
the governments of the world that they actually have the capacity to
completely eradicate poverty within their own borders without depending on
any international institutions, without depending on any foreign loans
which have only proven to be a curse to them in the past.
Utilizing Unused Land
Maharishi is saying to the
governments of the world that every country has vast resources of wealth
that have never been utilized in national life, particularly the unused
land in that country.
At this moment unused
agricultural land is an especially valuable thing to have, because in the
western countries the soil has been poisoned so much by modern chemical
agriculture, and people are yearning more and more for pure food.
So in the poor countries of the
world, where there are vast tracts of unused land, the possibility is
there to grow pure food—organic food, Vedic food—that will be
completely nourishing and health-giving for the people of the wealthy
countries. So the poor countries can export this pure food to the wealthy
countries and earn a lot of money.
But of course the governments
feel: "How can we do that? Our budget is already at a deficit, so how
can we develop these vast areas of unused land?"
The Coupon Principle
Here is Maharishi’s principle
of how to develop this wealth of the nation without money. Maharishi is
proposing to the governments of the world to print coupons and use that to
develop this unused land.
What is a coupon? A coupon is a
complimentary currency of the nation. It is printed by the government and
loaned to a particular project on some of this unused land. The coupon has
the same buying power in that particular area of the nation as the
national currency, but it is different than the national currency in that
it is restricted to only a particular region, and it only lasts in its
value for a few years.
For these two reasons this coupon
can be printed by the government and loaned to the project, the project
can use the coupons to pay the workers and develop a higher quality of
life for them, without any fear of inflation. Governments in the past may
have been afraid to print more currency because everyone was warning them
about inflation. But the coupon is different. It has the effect of the
currency in terms of its buying power, but because of its limited domain
of application (one province), and limited time of application (a few
years), it will not create inflation.
What it will do is allow that
area of land in the nation to be developed. By paying the workers with the
coupons, the project can begin, the land can be cleared, and the
agricultural products planted.
Currency for Coupons
Within one or two years, the
first products will begin to be exported. These exports of organic food to
the wealthy countries will bring income in foreign currency to the poor
country. On the basis of this income, the project can pay back to the
government in foreign currency the equivalent of the amount of coupons
loaned in the first place.
Within one, two or three years
the government will get currency for their original coupons. This is the
principle— today’s coupon becomes tomorrow’s dollar, Deutshemark or
Japanese yen.
This is an amazing situation. The
government has not had to create any new money by taxation or any other
means. Just by printing the coupon and loaning it to the project—then
with the project exporting, earning the foreign currency and paying it
back to the government— the government has received the foreign currency
and the whole area of unused land has begun to be developed.
Improving Life Right from the
Start
A final point is that the coupons
also make it possible to immediately improve the quality of life of the
farmers participating in this project. Maharishi feels this is a critical
aspect of the plan. He doesn’t want the farmer to wait to get some
benefit.
Right from the beginning by using
the coupons, he’ll have better housing, created according to the
principles of Vastu Vidya of Maharishi Sthapatya Veda design, buildings
that are healthy and fortunate for the dwellers in the building. Dr. Eike
Hartmann has designed beautiful villages for the farmers. Right away the
farmers will have good housing, good roads, good communications, good
schools and a higher level of income. They’ll enjoy better food and
clothing right from the start.
Maharishi is also calling for the
project to involve a reduction in the number of working hours for the
farmers, so they have time for religious, cultural and spiritual pursuits
according to their local traditions.
Such a shorter working time will
be possible because Ted Wallace is bringing the knowledge to develop the
cosmic potential of the brain. Every farmer will have cosmic creativity
and support of Nature’s intelligence.
They will also have the most
modern methods of farming, such as air-conditioned tractors. They won’t
work when it’s a strain in the middle of the day. So a beautiful new
quality of life will be created from the very beginning of the project.
Then as the exports come, the
wealth of the farmers will increase ten-fold or more, and the poorest
countries of the world will no longer have to suffer. The poor will feel
happiness from within and prosperity on the outside. The western countries
will have good food free from poisons to enjoy.
So this is Maharishi’s genius
plan to create a poverty free world, to create affluent societies
everywhere—just using the government’s law-making authority, without
any money from the government, to eradicate poverty everywhere on earth.
Dr. Bevan Morris is President of
the Council of Supreme Intelligence of Maharishi Vedic Vishwa Prashasan.
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