1. The Three Historical Schools and Their Fatal Flaws

School	Core Insight (kept in Fides)	Fatal Flaw (eliminated in Fides)
Classical / Neoclassical Capitalism	Markets + voluntary exchange + profit motive produce optimal allocation	Rent-seeking middlemen (banks, funds) capture the surplus while bearing none of the risk
Marxism / Communism	Labor is the true source of value; workers should own the means of production	Central committee becomes the new owner class and replicates the same extraction
Keynesian / Social Democracy	Government can smooth cycles and provide universal goods via debt-financed spending	Politicians and bureaucracies become the new rentiers

Every prior system handed one small group the power to decide who gets newly created money and who collects the interest on existing money.

That group (bankers, party officials, or bureaucrats) always, without exception, redirected the surplus to itself.

2. Fides: The First System Without a Capture Point

Fides Currency removes the single point of failure common to all three schools:There is no longer any elite class that controls the creation or allocation of new money.

Instead:

• Every citizen is a direct, proportional creditor of the state
• (the national debt is now citizen-owned capital stock)
• Every citizen earns the full risk-free return on that capital stock (the Treasury yield)
• New money creation (debt issuance) is pre-subscribed by citizens via right of first refusal
• Banks are demoted to paid servicers (0.1 % capped servicing fee)

The result is the first economic system in recorded history that is structurally immune to elite capture.

3. Synthesis Table: How Fides Keeps the Best and Discards the Worst

Feature	Capitalism	Communism	Social Democracy	Fides
Private property & markets	Yes	No	Partial	Yes
Profit motive & price signals	Yes	No	Weakened	Yes
Workers own means of production	No	In theory	No	Yes (the debt itself)
Universal safety net	No	Yes	Yes	Yes (earned dividend)
Elite capture point	Banks	Party	Politicians	None
Funding mechanism	Private Capital	State seizure	Taxes	Reclaimed bank rents

4. The Mathematical and Philosophical Core

Let D = outstanding public debt
Let N = adult population
Let r = risk-free Treasury yield

In every prior system, the interest flow is:

Interest = D × r → elite class

In Fides:Interest = D × r → N citizens proportionally

The r > g problem (Piketty 2014) is solved without wealth taxes: the baseline return on capital is now identical for the bottom 90 % and the top 0.01 %.
Wealth can still compound faster for the rich through riskier assets, but the floor is no longer 0 % for the masses.

5. Conclusion: The First Post-Ideological Economy

Fides does not choose between capitalism, communism, or socialism. It transcends them by making the distinction irrelevant. When every worker is simultaneously:

• wage earner
• shareholder
• creditor
• and voter

…there is no longer any class left to exploit, nor any class left to envy.