The US Economy will be intelligently stewarded by the US Economic Administration, made of an Economic Forum and an Economic Executive. The Economic Administration is the higher synthesis beyond the Invisible Hand of the blind market and the Iron Fist of government interventionism.
All individuals in the country will remain as Citizens in the US Governance, but will wear a different hat in the US Economy—as Entrepreneurs, Workers, and Consumers. In the economy, everyone at least serves as a consumer.
An economic "legislature":
The US Economic Forum will be the economic equivalent of the US Congress. It will be made of all the businesses, labor unions, financial institutions, stock exchanges, and consumer associations in the country. Its membership would include:
The US Chamber of Commerce and its social-responsibility oriented counterpart, BALLE: The Business Alliance for Local Living Economies.
Along with those among the 7,600 industry trade associations in the US which have a nation-wide presence. These are currently incorporated as non-profit organizations, but would be legally reclassified as economic associations.
This includes the bank associations, such as the American Bankers Association, the National Bankers Association (of minority- and women-owned banks), and the two credit union trade associations: the Credit Union National Association and the National Association of Federal Credit Unions:
The stock markets, with their primary purpose clarified as "creating capital for business":
The two remaining nation-wide labor associations in America—the AFL-CIO and the Change to Win Coalition:
The Consumer Federation of America. Every consumer in the country will have a conscious voice in the economy through some consumer association or another. Instead of the political state interfering in economic processes, the consumers' organized voice will itself serve as a check against one-sided business interests.
An economic executive:
There will be a chief economic officer equivalent to the US President, who will serve as the responsible, human face of the entire US Economy. The Economic Forum will select this entrepreneurial economic manager.
The economic manager will select and form an economic executive branch. All of the economic and financial powers of the US Government (and quasi-governmental entities such as the Fed) will be transferred to the Economic Executive, including:
The Federal Reserve:
The Departments of Agriculture, Commerce, Energy, Housing and Urban Development, and Transportation; including the Foreign Commercial Service.
Governmental or quasi-governmental bodies which provide similar services as existing private businesses, such as the US Postal Service (which provides services similar to its peers UPS and FedEx), will be divested as Associative Businesses, and would then be free to associate with their industry peers within the Economic Forum.
The constitutional basis for the Economic Administration:
The 28th Amendment to the US Constitution will describe this Separation of the Economy from the State, including the structural severance of all corporations, unions, and monied interests from the State, and the Separation of Wealth from Rights. Existing economic provisions in the Constitution, such as the right of the Federal Government to issue the currency, and to establish post offices, will be amended. The Economic Administration will be empowered to issue and manage the currency.
Powers of the Economic Administration:
The Economic Administration will serve as the transparent embodiment of the US Economy. Its job will be to create jobs and develop the economy. The job of its counterpart, the US Government, will be to protect and ensure human rights, and to democratically decide what is socially just, without influence from the economic perspective.
The Economic Sector will designate an economic capital, perhaps New York City. It will build an economic capitol complex to house the Economic Forum and Economic Executive. No government money will be used to build this. In fact, the Economic Administration will not receive or accept any government tax monies. Its operations will be funded entirely by its member associations—by the entire American economy.
The Foreign Commercial Service will build its own trade and investment embassies throughout the world, separate from the US Government embassies. The economic administration will negotiate international trade agreements.
Despite having a scale and stature equivalent to the US Government, the US Economic Administration would not be an "economic government". Freedom of association will be maintained by the amendment stating that businesses and other economic corporations would be free to not participate in the Economic Forum and Executive, and to instead form their own competing Economic Administration. However, regardless of which Economic Administration they participate in, they would all be considered to commercial businesses, incorporated under US law.
An economic flag:
There's an offered flag for a US Economic Forum, to be flown by US businesses:
The blue stripes are Fraternity (Brotherhood/Sorority/Sisterhood). The stripes of white light are Goodness.
"And crown thy good with brotherhood from sea to shining sea."
The red is Solidarity. The 56 stars are the 50 member economies, the economy of Washington DC, and the economies of the five inhabited US territories. The square diamond symbolizes the earthy, crystalline qualities of the economic sphere and the natural resources upon which it is based. It is also an image of Columbia, the spirit of America.
The stripes are vertical like the original Sons of Liberty flag which ignited the American Revolution; though the blue color indicates that in the economic sphere we are sons and daughters of Fraternity. The veriticality indicates a shift from growing our economic empire horizontally across the earth's surface, to instead employing America's admirable work ethic and entrepreneurial instincts as vehicles for uplifting humanity's world into a living economy.
Besides "The United States of America" as the formal name of the US Government, the US Economy would have its own formal name, perhaps "The Living Economy of America", or "Interdependent Economy of America", "Solidarity Economy of America", or "Fraternal Economy of America". These different adjectives mean essentially the same thing: a good, brotherly economy which accepts what is socially just and humane.