economy in 1975 is a total, or unitary,
problem. It is not a problem of one continent, of one nation or empire,
of one racial or cultural group. It is a problem which the human family
faces as a human family, occupying our planet Earth. It is our capital
equipment. It is the success with which we apply our know-how to the
earth, using our capital equipment and our skills, producing the goods
and services upon which our physical existence depends. We rise or fall,
sink or swim in terms of our own capacities, our own abilities to adapt
ourselves to historical circumstances which will determine the
conditions of life on the earth. Indeed, our decisions and consequent
actions may determine our own extinction or survival.

Planetary economy will aim to provide the means of livelihood for its
constituents along six lines: to conserve the human heritage of natural
resources, using them sparingly and, where possible, adding to them; to
produce and distribute those goods and services which are needed to
maintain health and provide for social decency; to produce and
distribute goods and services honestly, efficiently and economically; to
assure simple necessaries for all, including dependents, defectives and
delinquents; to give high priority to local self-sufficiency; to
maintain enough central economic authority to guarantee adequate goods
and services to successive generations of the planetary population.

An effective world government, therefore, must adopt and administer an
economic program designed to: (a) Utilize and conserve natural
resources, making them available, on a just basis, for the use of
successive generations; (b) End involuntary poverty and insecurity and
the exploitation of man by man and of one social group by another social
group; (c) Make necessary public services generally available on equal
terms, to all mankind; and (d) Guarantee equal opportunity to
earth-dwellers based on the greatest good to the greatest number.

Feeding, clothing, housing and educating an agricultural village was a
prime consideration at an early stage in social history. Providing the
necessaries and amenities of life in a commercial-industrial city
occupied the attention of city fathers as a consequence of the shift
from agriculture to trade and commerce as the principle source of
livelihood. Caring for the physical, physiological and cultural needs of
populations in the United States, Britain, Japan and other growing
commercial-