Terminology Definitions and General Information


Standard Needs 

Standard Needs are products and services the people agree to contribute their skills and energy to produce or provide, which yields Earned Equity. 

Standard Needs are products or services all members of society receive because the product and or service is a basic necessity, or requirement, that if one were denied, would cause negative physical  effects, or that could endanger the life of the individual.

The goods and services required for the existence of a community are also Standard Needs.

Examples: Food, shelter, medicine and medical procedures, utilities, administration and communication systems.

Cold climate communities would also require heating. Thus, the Standard Needs of communities will vary, yet resource allocation for communities of similar size would be equivalent and based on the regions resources, which will necessitate inter-regional and international trade.

Earned Equity

Earned Equity is the right of access to the products and services the people have agreed are Standard Needs for all people – with exception to individuals who are permanently exiled for crimes against humanity or human rights violations.

To place orders for Standard Needs, one's Work Equity Requirement (quota) must be in good standing, or Willits are required to purchase Standard Needs items at True Cost

Earned Equity cannot be transferred, nor exchanged.

Work Equity Requirement- Standard Needs System

To obtain access to Standard Need items for Earned Equity, one must complete the monthly work equity requirement. The work equity requirement is determined by taking all the man hours required to produce all Goods and Services the people have determined are Standard Needs for society. The total “Man Hours” are then divided by the total able bodied citizens, and fractioned based on household size.

A community will be able to quickly ascertain its viability, and, if additional citizens are required, or the community should be absorbed, or deconstructed.

Thus, Earned Equity is equal to the total energy output required to produce or provide all agreed upon Standard Needs, divided by all willing and able body members of society and proportioned based on household size.  Earned Equity and Standard Needs ends the need for Taxation. 

We estimate average work equity requirements, per individual, will be 15 hours per week.

Willits (Monetary Compensation)

Willits derive their name from that which is required for the creation process – will. Will is the desire to achieve a goal or outcome, which requires the exertion of an individual’s force. Force in terms of the Willit process is the control of one’s energy for the movement, assembly, or
de-creation of material for the recycling process, or for the completion of a process or task.

Within the System Core, Willits (money) determine wealth, and directly correlate to the effort expended by an individual, their education, knowledge level, ingenuity, and creativity.

The payment of Willits (compensation/money) for the energy output for production or service provision is issued by the Global Compensation and Transaction Administration (GCTA) and based on eight global compensation standards:

  • Age (none discriminatory, used to determine available minutes)
  • Life expectancy (standard), which equate to one’s life force
  • Hours worked
  • Work hardship levels
  • Skill level or task, which equates to one’s energy expense
  • Position hierarchy
  • Shift differential
  • And, a bonus structure that is based on good citizenship, as shown in the following figures.

The Willit creation process is detailed in the Willit Monetary System section.
Interact with the Willit Monetary System Global Standards Calculator at:



Base Energy Expense/Rate  (BEE or BEER)

The Willit rate an individual is paid for the provision of labor is the Base Energy they have expensed.

True Cost for all products and services can be accurately determined with use of BEE (Base Energy Expense) rates (based on the Willits issued for the production of a good or service).

BEE is also used to determine global efficiency rates, and reveals the level of technological advancement of a nation, and thus can be used to accurately determine a nation’s Gross Domestic Production (GDP).

True Cost

True cost is determined by the Willits issued by the GCTA for goods produced and services rendered.

True Cost is determined by the Willit Rate of Compensation paid out to all production and service members for the provision of a service and/or the creation of a product (from the extraction of raw resources to the delivery of the final product/service to the market place). If applicable, the total Willit Compensation paid/payable is divided by the production yield (the number of items produced), which determines the per unit True Cost rate.

Both Price and True Cost (TC), will be listed for all goods and services to ensure full disclosure.
The Price of an item is the asking rate for a good or service in excess of the True Cost and only applicable for Capital Markets (iWAUT and Black Market).

True Cost Principles & Logic

The true cost of production, may vary per nation and district because of man hour cost due to a lack of technological development and innovation. Thus, requiring more man hours in-lieu-of machine hours.

Why is it important to pay the True Cost if one does not participate in the Earned Equity System?
Until all people pay the True Cost we will not understand that we need each other, nor how valuable resources are, nor how important each person is and the necessity to work together, and to share the natural resources provided to all freely by God.

Example: If a property cannot be maintained at True Cost levels; if a private business fails underweight of True Cost; if products are not affordable because one must pay the True cost; if a private farm is not sustainable because it must pay people their True Cost, the un-affordability is evidence of social inequity and abuses.  It is also an indication of flawed perception of truth, illogical thinking, inadequate leadership, or misconceived social system structure, processes, and laws.

For far too long, people have benefitted by exploiting other people’s labor, while the people that do the work receive little benefit, live in poverty, and are inadequately cared for, nurtured, and educated. To exploit other people’s labor is seen by some to be savvy business practices, instead of what it truly is, theft.


Willit Compensation Usage

Willits can be used in the capital market or the Standard Needs Earned Equity Market to pay for over consumption of Standard Need items. Or, if one selects not to participate as a Standard Needs worker, Willits are required to pay the true cost for all social benefits (Standard Needs).

I-WAUT Market

i-WAUT is the acronym for: I Will Accept Universal Tender (Willits)
Similar to current capital acquisition markets, the i-WAUT market is where one can purchase Goods or Services that are not available in the Standard Needs Market. One gains access to the iWAUT markets with Willits.

GCTA - Administrative Body

The Global Compensation and Transaction Administration (GCTA) is the oversight body and auditor of Willit Compensation distribution; oversees the transactions for the exchange of Willits for goods and services; and facilitates the conversion of a Nation’s Willits for international exchange of goods and services by individuals.

The GCTA ends the need for banking institutions, fractional and reserve banking, and eliminates the fees and interest banks charge individuals, businesses, and nations, thus eliminating future debt obligation. The GCTA is composed of a global body of Willit Administrators consisting of: analysts, auditors, accountants, payroll clerks, and governance compliance officers.

Willit Administrators will be located onsite at production and service facilities, business offices, and will be randomly selected from a pool of qualified individuals. 

All administrators will be sworn into office, are legally liable and subject to exile for theft, acceptance of bribes, falsification of documentation, or the illegal transfer of Willits; and will be rotated to different facilities to ensure integrity and as a fraud prevention measure.

All transactions by Administrators are viewable by the people to ensure the people have final oversight of audits and analysis to prevent corruption and malfeasance.

The GCTA will not have legal authorization to charge interest for the creation of money, nor for the provision of oversight services. The performance of the responsibilities of the Global Compensation and Transaction Administration is a Global Standard Need, for which administrators receive Earned Equity, and Willit compensation.

Current banking system technology and data will be integrated into the System Core’s Willit Monetary System. Mobile and internet devices will have access to process, review, and audit transactions, and to convert money, investments, stock and commodities into Willits; for which the calculations for the APEC and Bond/Investment/Debt Calculator will be used. Details are provided in the i-Willit section, and sample calculators provided on the following pages





Social Economics

Social Economics is the process of merging the best aspects of capitalism with true democracy for the benefit of both the individual and society; which yields the term “social capitalism” or “cooperative capitalism.”

Within the capitalist scheme, the principle means of production (material resources), are owned by private individuals who can monopolize and adversely affect the availability and cost of products and services; who can manipulate markets as well as the legislative process for unfair advantage; and, who can abuse the labor force required to create the products they (capitalists) profit from.

Profit and money have the ability to motivate positive or negative outcomes. Money and profit are not the cause of social and economic inequity.  The use of money to influence destructive actions; the exploitation and atrocities committed by individuals and corporations to obtain money; and the dysfunctional economic processes individuals must maneuver to obtain money, pose the greatest threats to society.

Labor and materials are required if one is to create wealth, thus the theft of, and exploitation of, land, and abuse of the labor force by corporations and businessmen will continue until their greed is contained. Greed is a mental illness.


All the resources of the earth belong to all people and not exclusively to those who have selfishly exploited resources and labor for profit, which has compromised our ecological systems.

A well-designed social-economic system ensures inventors, entrepreneurs, production and service units, and private corporations have access to the resources required for production and service provision, and that appropriate oversight is administered to prevent fraud, inefficiency, waste, and theft to ensure the needs of all people are met.

The people jointly manage and grant Usery Rights (see definition within this section) of resources required for production and distribution based on established allocation priority levels and recommended conservation measures, if applicable.

The people of every nation determine allocation rights for their natural resources and recycled materials; and determine the maximum labor hours an individual works daily for the production of goods and the provision of services.

All requests for the provision of goods and services for the operation of a production or service unit or independent business will be submitted to the people through iPresent’s Production and Service Enactment process.

The allocation of resources by the people (in combination with and use of System CORE Applications: iPresent, iEffect, Standard Needs Agreements, and with the construction of the Law of Rights and Governance) will end government and corporation abuses:

  • The people vote on resource allocation for production, by approving the products to be manufactured.
  • Resources—human labor as well as materials, are allocated at no cost to Corporations and Production 
  • Resources are granted to Private Corporations based on bulk pre-paid order manufacturing efficiency 
  • Individuals and corporations can opt to retain their use of private property– but will be required to pay True Cost, for all Social Benefits.
  • The people maintain the facilities and mechanics used for production and distribution of all products to ensure corporations can function properly and within required regulations.
  • Each production, service, and trade Union or Guild will have the final approval over two of the global compensation standards used to determine compensation levels for each job function and task: work level – option 4, and knowledge and task level – option 5;. Each member of a union or guild must confirm the levels via vote, to ensure the people of the Union or Guild remain in control of the factor that determines their compensation levels, and thus prevent abuse of the labor force.
  • Desires (nonessential goods) are fulfilled, yet retain second level production allocation priority based on the 60/30/10 Local/City/ State/National/Global Partition Plan, to ensure the basic needs of all people and sanctioned administrative bodies have the resources required to function efficiently.
  • Private businesses/corporations that are not granted rights of production by enactment, may acquire resources through the Right of Production, based on pre-purchase orders, which may be restricted based on resource allocation priority requirements.


Usery Rights 

Usery is the right to make use of, but not the right to declare individual or sole ownership of, the material resources provided by nature/God. All resources are controlled by the people of each nation and not by corporations, nor by individuals with monetary advantages or legislated authority, thereby limiting their ability to manipulate and dictate policy and resource usage rights.

Social benefits

Social Benefits are the benefits provided by society, such as Standard Needs, infrastructure, transport systems, global computing and networking systems, and communication systems – that make use of the natural resources provided by God (creation) to all mankind.

Corporations and Production Units

The cost of production and facility maintenance for Corporations and Production Units is zero upon Production Enactment approval.

Allied Corporations and Production Units
Corporations receive what they have always wanted, zero expense for: human labor, maintenance, and material cost. Upper level management is still able to receive fair compensation for their production and management acumen. Within the Willit compensation system, it is possible to make from 300,000 to over 1 million Willits annually, see Figure 1 on the following page.


Allied Corporations relinquish private property rights to the people, in exchange for zero expenses. Intellectual property rights remain with the inventor or invention team. The invention is placed in the public domain, and the inventors are compensated monthly based on patent usage percentages.

Willits are granted to inventors so long as the invention or concept is in use (see: Production section).

Private Corporations
Private corporations that have not relinquished private ownership rights incur upfront costs for production, and all iWAUT products must be pre-purchased to prevent waste and idle merchandise.

Materials are distributed to private corporations so long as they remain efficient and are not in violation of safety standards. Private corporations incur the true cost of facility maintenance, and social benefits such as infrastructure and transportation costs.

Costs are automatically deducted from their Willit escrow accounts upon the sale of goods, and profits transferred to their Management Team escrow accounts to compensate management and “owners.”

Production inefficiency and violation of Safety Agreements or laws will suspend or terminate resource allocation and a producer’s or corporation’s production rights.