The G20 Just Asked for a New Operating System—Here Is the Code

How the Global Governance Frameworks answer the G20's call for comprehensive economic redesign

Björn Kenneth Holmström November 2025 10 min read

When a Nobel Laureate and the G20 convene to declare an “Inequality Emergency,” the world should listen. But when they explicitly state that extreme inequality is a “policy choice” requiring a “comprehensive redesign of global economic governance,” architects should step forward.

The release of the G20’s Inequality Report 2025, led by Joseph Stiglitz, is a watershed moment. It is the highest-level validation yet that the operating system of the modern world—optimized for extraction, financialization, and wealth concentration—has hit a terminal wall.

The report’s diagnosis is flawless. It identifies that:

  1. Inequality is Architecture, not Accident: It is produced by specific legal and political decisions, not just “globalization.”
  2. Wealth > Income: The crisis is in asset concentration (Stock), not just wage disparities (Flow).
  3. The Political Feedback Loop: Extreme inequality is the primary driver of democratic backsliding and authoritarianism.

Stiglitz and the G20 have written a brilliant Requirements Document for a new civilization. They have identified what must happen: sovereign debt reform, a global asset registry, and a check on billionaire power.

But a Requirements Document is not a Blueprint.

Knowing what to build is different from knowing how to build it. We cannot solve these problems by simply applying patches to the old system (taxes and regulations). We need new plumbing.

The Global Governance Frameworks (GGF) is the source code for the operating system the G20 is asking for.

Here is how we translate their requirements into architecture.

1. From “Debt Reform” to Debt Transformation

The G20 Demand: The report calls for an overhaul of sovereign debt arrangements, recognizing that debt service creates a net transfer of wealth from the poor to the rich, preventing climate action.

The GGF Solution: The Sovereign Debt Transformation Protocol.

“Reform” usually means delaying payments or slightly lowering interest rates. This kicks the can down the road. The GGF proposes a structural transformation: allowing nations to service their sovereign debt obligations through Verified Regenerative Action.

  • Instead of paying fiat currency (which they lack) to creditors (who have too much), debtor nations generate Leaves (verified ecological restoration) and Hearts (care infrastructure).
  • This solves the creditor’s problem (stranded assets/inflation) by converting debt into planetary stability.
  • It solves the debtor’s problem (liquidity) by turning their natural resources from “things to extract” into “assets to steward.”

2. From “Inequality Panel” to Social Resilience Council

The G20 Demand: Stiglitz calls for an “International Panel on Inequality”—a body to study, measure, and scrutinize the gap.

The GGF Solution: The Social Resilience Council (SRC).

We have enough studies. We know inequality is bad. We need a governance body empowered to manage the solution. The SRC doesn’t just track inequality; it governs the Sovereign Floor (AUBI). It manages the supply of complementary currencies (Hearts/Leaves) to ensure that liquidity flows to the bottom of the pyramid, stimulating the real economy rather than inflating asset bubbles.

3. From “Asset Registry” to Transparency Covenant

The G20 Demand: A “Global Asset Registry” to track where the ultra-wealthy are hiding their money.

The GGF Solution: The Transparency Covenant & Love Ledger.

Tracking static assets is a game of whack-a-mole; the wealthy will always move money faster than regulators can track it. The GGF approach is to track Flows and Verification. By moving the care and ecological economy onto the Love Ledger (a public, blockchain-based verification system), we create an economic loop that is transparent by design. We don’t just hunt for hidden wealth; we build a parallel economy where value cannot be hidden because visibility is the prerequisite for value.

4. From “Taxing Billionaires” to Taxing Friction

The G20 Demand: A 2% tax on billionaire wealth.

The GGF Solution: The Coordination Infrastructure Tax.

Wealth taxes are morally satisfying but technically brittle (capital flight, valuation disputes). The “Yellow” (Systemic) solution is to tax Friction and Enclosure.

  • A 0.1% levy on High-Frequency Trading captures value from the “Casino Economy” without requiring us to chase individual billionaires across borders.
  • Land Value Taxes (Commons Rent) capture wealth derived from the enclosure of the earth—an asset class that cannot be moved to the Cayman Islands.

Conclusion: The Architecture is Ready

The G20 report is a cry for help from the cockpit of the old system. They can see the ground rushing up to meet them. They know the controls aren’t responding. They are asking for a new design.

For years, systems thinkers have been building that design in the margins. We have been drafting the protocols, modeling the flows, and testing the ethics.

The political will is finally arriving. The architecture is ready to meet it.

We do not need to invent the solution from scratch. We just need the courage to install the update.


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G20 Report Reference

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G20 Inequality Report 2025

Led by Nobel Laureate Joseph Stiglitz, declaring an "Inequality Emergency"

• Inequality as architecture, not accident
• Wealth concentration > income disparities
• Political feedback loops driving democratic backsliding

From Requirements to Architecture

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GGF Implementation Framework

Debt Reform → Sovereign Debt Transformation Protocol
Inequality Panel → Social Resilience Council
Asset Registry → Transparency Covenant & Love Ledger
Billionaire Tax → Coordination Infrastructure Tax
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