2013-01-18T04:46:00.001-08:00

art 4 debt 4 global citizenry

The act of buying or selling public debt in the primary market, as is the case of the bonds that can be purchased at the National Savings and Investment, allows for individuals to complement their voting rights.

By selling debt when one is not in agreement with a specific policy proposal of the executive of a geopolitical area, one is making it known that he/she does not agree with that policy.

Now replicate that action by the population of a country! It begins gaining form, it is not that unthinkable, is it? Consider this action as enacted by an individual utilising not just the public debt of ones country but also from all the geopolitical areas one has an interest! Would this not open the doors to global citizenry and potentially to create a truly accountable and democratic society?

In the UK 1 pound per person makes around 60 million pounds. If each person is able to save 100 pounds in nsandi bonds that accounts to 6 billions pounds.

Would you become more politically aware if you knew that your opinion can actually be immediately heard?

Imagine that a government decides to sell off the NHS or privatise the police.

Do you agree?

So buy!

Disagree?

So Sell!

It is a language that is widely understood.

The scarves produced by the artist for this project are meant to function as wearable bonds.They will, when sold, have their value placed in primary public debt schemes for the duration of one year. Their buyer will be able to exchange the scarfs back during one year for the paid value. After that year they will stop to be exchangeable and the author of the scarves will start utilising the value accrued with the selling of the work, according to the system above explained.