Yes when you have monopoly you can’t get paid in other currencies, that is correct. However, it would not end up owning most of the economy, since the point of the plan is to give away the money for charitable purposes (which might not only include money to the poor of course but also other things the effective altruist movement find important).
I don’t think that you’d have to be the government for this to work. You’d have to strike a deal with the government, that is true, but you would not have to be the government. You’d be very powerful, that is true, but there have been other organizations which have been very powerful without actually being the government—e.g. labour unions in some countries. Of course, they have had lot of contact with the government—sometimes friendly, like under social democratic governments, sometimes hostile, like under Thatcher.
The power of such “states in the state” is of course upheld by the legal system. Social democratic governments tend to write laws that support the union power, whereas conservative governments write laws that undermine them. See Gunnar’s post on how this system would be upheld by the legal system too.
So in order for this system to be accepted, you need political support, for which you in turn, in a democracy, need electoral support. This does not, however, mean that you should form a political party for this cause. Instead I think that a better idea would be to work it out on your own, and let the parties come to you, as it were. That way the distinction between the NGO that takes care of this system and the government would be upheld.
Yes when you have monopoly you can’t get paid in other currencies, that is correct. However, it would not end up owning most of the economy, since the point of the plan is to give away the money for charitable purposes (which might not only include money to the poor of course but also other things the effective altruist movement find important).
I don’t think that you’d have to be the government for this to work. You’d have to strike a deal with the government, that is true, but you would not have to be the government. You’d be very powerful, that is true, but there have been other organizations which have been very powerful without actually being the government—e.g. labour unions in some countries. Of course, they have had lot of contact with the government—sometimes friendly, like under social democratic governments, sometimes hostile, like under Thatcher.
The power of such “states in the state” is of course upheld by the legal system. Social democratic governments tend to write laws that support the union power, whereas conservative governments write laws that undermine them. See Gunnar’s post on how this system would be upheld by the legal system too.
So in order for this system to be accepted, you need political support, for which you in turn, in a democracy, need electoral support. This does not, however, mean that you should form a political party for this cause. Instead I think that a better idea would be to work it out on your own, and let the parties come to you, as it were. That way the distinction between the NGO that takes care of this system and the government would be upheld.