Description:
The new green, Eco-economy is about love; caring for each other as we experience the planet. You have been right all along, love (helping caring, sharing) is the answer. You understood more than the former FED Chairman, Alan Greenspan. Despite all the bad news & personal hassles, this is our time. We can reconnect the people and the land, in love and abundance; generating a ‘Spiral of Hope’ is how we start.
Everyone gets to choose how they will adapt to the Eco-economic transition. This requires a ‘chop wood & carry water’ attitude. I offer an analysis of the failed financial system, combined with a perspective of the transition to Eco-economics; how to thrive and create resource abundance now for the future.
Out with the Old….
The Financial system is based on the absurd concept that financial manipulation can override nature. The FED with individuals and institutions, have created this socio-political-economic system of endless inflation & debt. Essentially, they print money and give it to their friends. They feel they deserve this because they have created this financial world. That system is now dead; it will not come back. Zeitgeist II explains what is happening to the system; go to http://www.zeitgeistmovie.com/ & watch it.
The FED represents all the people in the financial system and it speaks for them. They all accept the ‘FED-Wall Street Party Line’. Investors take profits from unsustainable businesses that hurt the planet and /or the people. Elite workers with MBAs are told not to connect the pieces to the planetary puzzle if they want to keep their jobs and status. Former FED Chairman, Alan Greenspan, is more responsible for this financial collapse than George Bush. They have always been wrong. Despite their degrees & resumes, the people running the FED, etc. do not understand economics or ecology. If they did, we would not be in this planetary mess.
The economic & ecological policies of Bush-Big Oil-Big Pharma-Federal Reserve Bank-Wall Street have orchestrated a string of serious miscalculations. Recession/Depression-Mortgage Crisis-Climate Change-World Food Shortage-Gas Prices-Inflation-Resource Wars-Loss of Civil Liberties-Debt to China, occurring simultaneously, has our socio-political-economic system in chaos. These failed policies have been based on socio-political-economic theories that ignore planetary ecology and human population growth.
Economic Theories and World Population
The Universe (God) is Infinite; the Earth is Finite. Any sustainable economic theory requires a stable ecology-environment to operate. Economic models can no longer assume natural resources (oil, soil, water & air) are always available. Population growth no longer just means ‘more customers’. Existing theories were developed for a smaller population & stable ecology.
|
Year
|
Economic Theory
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World Population
|
Economist
|
|
1770s
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Classical Capitalism
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725 Million
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Adam Smith
|
|
1840s
|
Communism-Socialism
|
1.2 Billion
|
Karl Marx
|
|
1920s
|
Business Cycles
|
1.8 Billion
|
Nikolai Kondratieff
|
|
1930s
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Government Intervention
|
2.2 Billion
|
John M. Keynes
|
|
1930s
|
Entrepreneurial
|
2.2 Billion
|
Joseph Schumpeter
|
|
1940s
|
Free Market Capitalism
|
2.5 Billion
|
Friedrich von Hayek
|
|
1960s
|
Monetarism
|
3 Billion
|
Milton Friedman
|
|
2009
|
Eco-economics
|
6.7 Billion
|
????
|
World population has more than doubled since John Kennedy was President. World population has grown almost 10 times since Capitalism began. Love and caring of Eco-economics and green business do not fit these outdated economic theories. The environment-ecology must be paramount in every decision to manage this increased strain on planetary resources.
In with the New….
Gobama….the Obama Stimulus Package will make the best of a bad situation. Eventually, we will have a green economy focused on people; no one knows when or how. While much is uncertain, we know this will be an inflationary depression. The Depression of 1930’s was a deflationary depression which made everything worse. Obama’s economic team understands this and almost all economists agree that a huge stimulus is needed. Obama & the FED will print as much money as needed; but with Obama, more money will go to the people. Eco-entrepreneurs will use this money to build the green economy.
In Eco-economics, the purpose of business is to help people live sustainably and generate abundance (real profit from production). With Eco-economics, ecology is more important than profit or jobs. Environmental protection is a primary role of government, along with defense, courts & stable commerce-monetary system.
Eco-economics could be called Neo-Schumpeterian because it is based on Schumpeter’s theories: ‘Entrepreneur’ and ‘Creative Destruction of Capital’. Both individual and corporate entrepreneurship are part of Eco-economics. As the old economy is ‘creatively destroyed’, eco-entrepreneurs will build a new green, sustainable economy; thus creating new resources and abundance.
Eco-economics strives for multiple income resources: checks, cash, saving, trade, barter, ‘cottage industry’ production and recycling. Everyone will still have to pay their mortgage & car payment with checks from jobs or investments. However, other expenses can be avoided or paid with non-check resources. How you spend your time will determine your mix of income resources. Diversify your income resources to have more stability in your life; be less dependent on the financial system.
Medical Marijuana is a green example. Yes, Marijuana will help the Eco-economy. Think outside the box for a moment…hemp is 4 times more effective than trees at absorbing CO2; and it grows everywhere like a weed with a root structure that loosens and feeds the soil. Medical Marijuana reduces health care costs, replacing dangerous & expensive pharmaceuticals. Hemp seeds are very nutritious and the hemp stock is a versatile, natural raw material for industrial & consumer products.
While Cannabis eco-entrepreneurs are doing this now around the world. cannabis is the USA largest cash crop, Federal prohibition has America behind other nations in the hemp business. But it is a local market; and Americans has good, very resourceful farmers. Legalizing production of hemp is an example of a win-win Eco-economic proposal. A new green, sustainable eco-industry is ready to happen in America. Marijuana does not solve population issues. However, hemp can take some pressure off of an economy and ecology that needs relief.
Other Eco-entrepreneurial businesses include Vermicomposting, Electric Cars, Hydrogen Fuel, Solar and many more. ‘Greening’ your current job or business is eco-entrepreneurial. Finding ‘green opportunities for sales, distribution or training’ is eco-entrepreneurial. Planting a garden is part of the Eco-economic model. The Obama economic stimulus will make create entrepreneurial options for many but you will have to find them.
Thanks for considering my perspective.
(This blog was adapted from an article I wrote under my Internet nom de plume).
Love & Light.
Daniel
