I know it is a bit long.. but pls take time and read it... I can't let this data go buried in the cyberspace... so kept a record of it in this journal...
Taken from a friend's blog -
TRUE ECONOMICS
Submitted by William Daniels on Sat, 03/07/2009 - 06:25
Introduction.
WE ARE MISSING THE POINT OF ECONOMICS & FINANCE
Are we going to do the same tired routine of fixing and rebuilding a financial system that keeps going through endless cycles of growth, recession, depression, bubbles, crashes and frauds, etc.? There are proposals to bail out the banks, builders and homeowners, make loans to the car companies, create more jobs, cut taxes, raise taxes, rebuild infrastructure, re-regulate the financial companies and give another taxpayer rebate. AND, NO ONE can say for sure if or when any of it is going to work. We dont know what will work because we dont: recognize basic facts; understand basic definitions; know how to appropriately measure economic activity; stand and act from the highest ideals.
We are in a new paradigm. We need to look from a different perspective on the entire issue. And as is true with all paradigm shifts, things that are unsolvable, unrecognized, unconnected and contradictory are suddenly simpler and capable of resolution. Climate change, extremes of wealth and poverty, working just to pay the bills no matter how unsatisfying the job, saving money is good for the consumer, but might not be good for the economy, jobs for everyone and free trade are some examples.
The Industrial Revolution began the rapid development of machines that can do what human beings can not do: concentrate large amounts of power, produce great quantities of an item, and pieces that are identical from one to the next. Another thing it is doing is to produce machines to do what human beings can do: wash clothes, do math calculations, assemble parts and perform repetitive functions.
The purpose of these machines is to increase the standard of living and to enable people to spend less time doing it. However, the standard of living is being reduced almost everywhere, now. Also the time that people spend working is not going down in many places, but in fact is rising. If we are not going to reduce the time that we all spend working, why did we bother to invent these machines?
In his book Critical Path Buckminster Fuller states:
60% of all the jobs in the U.S.A. are not producing any real wealth - i.e., real life support. If this is true, then it is quite clear that simply putting people back to work is not a truly feasible strategy.
In the United States we: get training; to do a job; to make money; to buy health insurance; to pay for health care. What we really want, and can actually provide if we so choose, is to simply have health care available when needed. The complex, wasteful and dehumanizing monetary systems that we currently use are not the only ways with which we can manage the economy. Monetary systems provide a medium of exchange that has become largely detached from the production, distribution & consumption of goods and services. Making money with money is an example of this detachment. A Direct-Access economic management system is now technically possible and desirable.
We have a financial and economic crisis in large part because we dont understand the actual problem. The actual problem in this new paradigm is: How do we produce and make available to every human being the highest standard of life support, in the shortest time?
We are in the midst of an unprecedented opportunity for human beings and this planet. The technical hard part is complete. The single fact that we are sending people and machines into space is proof of that. The stage we are now in is a matter of education and choice, both individually and collectively.
First Principle.
THE CONDITION ON PLANET EARTH IS ABUNDANCE
The belief in either scarcity or abundance determines how financial, legal, political and military systems are set up or even exist at all. Scarcity and Abundance are foundational/contextual ideas. They each give rise to a distinct system of thought and a number of rules, characteristics and measures which only make sense within their own system. Only one of them can be the condition in which we exist. All current systems are based on the premise that the condition is scarcity. There is not enough for everyone, therefore I am going to earn a living for myself and my family. I am going to be loyal to my country and my countrys allies. The rest of you are on your own. There is nothing I or we can do about it, thats just the way it is.
Looking at the pre-existing condition, before human beings lift a finger, we can see that nature (the universe) is extraordinarily abundant. In Critical Path, Buckminster Fuller states: The quantity of physical, cosmic energy wealth as radiation (sunlight) arriving aboard planet Earth each minute is greater than all the energy used annually by all humanity. Oxygen for breathing has been available without effort for all human history. Plants produce plenty of seeds to expand their numbers and provide nourishment for animals and people. Human beings then observe and develop the technology of nature to produce more of certain desired results.
Right around the year 1900, there were 2 or 300 people who were the richest, most powerful people on the planet: kings, queens and heads of international businesses. Not one of them could: flip a switch to get clean, safe light; travel 3, 4, 500 miles in a single day in a vehicle sitting at their residence; speak instantaneously with their top generals and governors; fly to a place where they wanted to vacation; see events happening live in other parts of the world; process data rapidly; access large amounts of all the information known to man, from their desktop. Now, only 109 years later, electricity, automobiles, telephones, airplanes, televisions, computers and the internet are everyday features to a growing portion of all humanity.
As Bucky Fuller pointed out, know-how, the ability to do more with less, made this possible and in a shorter and shorter period of time for each successive item. The rate of growth of know-how is much greater than population growth. That is why the average standard of living for human beings keeps on increasing.
Since at least the 1950s studies have been done that have compared the number of people on the planet with the amount of food produced. All of these studies have shown that we produce enough food to feed every single one of us. In the U.S. there is the Pez Museum, the Museum of Spam, the Barbed Wire Museum, the Museum of Trash and a registry where one can name a star after someone as a gift. A group of people in The Netherlands spent 8 weeks setting up 4.3 million dominos in order to break 8 world records when knocking them down. If all of these exist, then clearly the Condition is Abundance.
Applying the rules of scarcity in a condition of abundance actually causes scarcity for many people in the midst of abundance for others and undesirable side effects for everyone like pollution of the air, land and seas. There are lots of no longer financially viable, partially processed materials, that we ignorantly call trash, and then bury in landfills. Population has grown to the point where these merely undesirable side effects are now catastrophic side effects. The recognition of the True Condition (ABUNDANCE) will ease the task of making changes that will continue to result in increasing our standard of living despite population growth.
Second Principle.
FINANCE IS NOT ECONOMICS
Websters defines economics as a social science concerned chiefly with description and analysis of the production, distribution and consumption of goods and services. Contrary to popular belief, none of these take money. Nature has never demanded money for sunshine, oxygen, crude oil, water, growing plants or ANYTHING else that humans use in our economy. Nature DOES require that we observe its laws, and these laws dont change. For example, plants need a certain amount of sunlight, moisture, nutrients, space, etc., and airplanes require a specific amount of lift for each ton of cargo. There is constant and recurrent upset in financial matters because it is not science and the rules are changed and violated continuously. Humans have tried slavery, feudalism, communism, socialism and capitalism. None of them have or can work long term. They are all out of sync with nature and therefore obsolete.
The economy is composed ONLY of technology. The resources of the economy are Materials, Energy, Time, Labor and Know-how. The purpose of the economy is to support life and do it to an ever increasing standard (standard of living). Buckminster Fuller looked at life support from seven aspects: Food, Shelter, Health care, Education, Communication, Transportation and Recreation. The only APPROPRIATE measure of the economy is the sustainable increase in standard of living for ALL human beings. Instead what we currently measure is how much money is made in various separate financial systems and what the Gross Domestic Product (GDP) is in these systems. GDP includes making money with money and life taking activities. We have a space age, fact based, super abundant economy being managed by camel caravan, opinion, fear and confidence based ad hoc monetary systems.
Money/finance is used to manage the economy, gain access to goods and services and to make it easier to trade unequal things, for example, artwork made by one person for a car made by 1000 people. Money is also used for winning. It is used for control. Once most everyone is convinced it takes money to live, those who control the money control people, on both the societal and the interpersonal level. Some monetary wealth teachers and authors explicitly state that the golden rule of money is: He who controls the gold, rules.
If the sun stopped shining or seeds stopped sprouting, the economy could not continue. Life itself would end. The reverse is not true. If money suddenly disappeared from the entire world, the economy could go on as before. There is a very revealing example that we can look at. The United States started a war with Iraq in 2003. There was no money to do it so it has never been in the budget. But this is a perfect proof that it doesnt REALLY take money. It takes resources: Materials like bombs, guns, airplanes, tents and food; Energy like electricity, gasoline and nuclear power for ships; Time to move material and people around in order to accomplish the goal; Labor to develop all the weapons and strategies and carry them out; and Know-how to do all these things better than the enemy in order to win. Wars arent un-fought for lack of money, they are un-fought for lack of resources, period.
The idea that we cant afford (dont have the money) to feed everyone or provide shelter or health care is simply nonsensical when we look in this way, at facts. There are many people and organizations that are genuinely and actively working to bring about a higher standard of living for more people. These efforts will become far more successful when the clear difference between money and economics is recognized. It has been well said that: We dont ask for too much in life, but far too little. Some people have fear of spreading the wealth. The opportunity we have before us is to unleash the wealth. This opportunity is truly about EVERYONE benefiting.
Third Principle.
YOU AND I AND EVERYONE HAVE EQUAL VALUE
The Declaration of Independence of the United States asserts: We hold these truths to be self evident, that all men are created equal
.. Equal in what ways? Our understanding of the word equal has expanded since these words were written. We now understand that it means that slavery is not acceptable. We understand that equal includes women and all races, creeds and colors.
Perhaps it is time to accept that ALL human beings have equal VALUE. Perhaps it is time to accept that all human beings have equal value in all ways and in every aspect of life. This means that every human being has equal claim to all the resources and the highest quality of life support available on the planet. This is the way that Nature has set up the world. Oxygen for breathing, sunlight for energy, warmth and light, water for refreshment and for cleansing and plants that grow in the same way and produce food for everyone equally is the normal and natural way. Education is one way that we actually, already demonstrate the equal value of everyone. We give everyone, equally, an education to specific standards. AND, we have found that this is so valuable to society as a whole, that we not only give it we also require that everyone receive a minimum amount of it. This is a perfect model to duplicate for all the other aspects of life support and sustenance.
Some will say that competition and survival of the fittest are inherent attributes that make this idea of equality impossible. Actually, simply redirecting these tendencies will work quite well. Lets compete with previous generations and with the me and the us of yesterday to see how much better I and we can be and produce TODAY. Cant we see that when we dont value others that they dont like it and that they eventually make trouble, sometimes big trouble, terrifying trouble?
If the Universe, as vast as it is, has seen fit to have you exist, you must be valid, you must have value. Whether I see it or not, you must have value. Whether you see it or not, you must have value. The same must be true about me.
It is common to think that the bigger the group, the less I matter. That is one way of looking at it. The other way, that the bigger the group the more people I interact with and the more influence I have is far more satisfying and expresses self-respect. I matter, I make a difference, I am important, and so do You matter, so do You make a difference, so are You important. Buckminster Fuller and Mother Theresa both said it, one way or another, and lived it. Are we?
Its very stimulating to relate to each other as winners and losers (the ecstasy of victory, the agony of defeat). There is another experience available to everyone and that is the profoundly fulfilling experience one has when genuinely caring for ALL ones brothers and sisters. It is the experience of what it is to truly be a Humane Being.
Millions among us are intuitively recognizing the value of each and all, and the great benefits that then result for each and all. This is both a call to fully accept and implement the idea, and an acknowledgement that this is what is happening all over the world. The sooner the better.
Fourth Principle.
WERE ALL IN THIS TOGETHER
There is now enough interaction among people on board the planet that the fact of our interdependence and our impact on one another is obvious. We trade more products and have more peoples and cultures involved in the process. We see happenings from most everywhere on television. We experience other people and places firsthand through increased travel. Improvements in life support and life quality spread more rapidly than ever before.
The current multiple crises occurring all around our world, like climate change, financial breakdowns and corruption, food and water shortages and military buildups and their inevitable wars have consequences for all of us, also. Who among us is immune to pandemics, rising sea levels, polluted air, contaminated food or restricted freedom of movement because of security threats?
Bucky Fullers commitment was to developing an economic management system in which every human was better off, every human would have a higher standard of living. How could millionaires and billionaires have a higher standard of living? How about the freedom of reduced security for home, autos, businesses and loved ones? If I have all that I need, why would I even consider taking something from you or kidnapping your children and holding them for ransom?
Key to resolving all of these problems quickly and with great benefit for EVERYONE is to recognize that we are a single human family. We are a single species. We live on a relatively small planet. There is only one team. All for one and one for all is how teams achieve greatness. Every person has a different role and every role is important.
Why should I work for the benefit of everyone? Because when I do I have 6 ½ billion people on my team. All of you may not know it or accept it, but its a whole lot easier to relate with you when I know it and act accordingly. (Talk about stress relief!) Then I dont have to placate, avoid or fight with you while I am going around caring only about my interests. Im on your side!
It is said by some that greed and hunger for power are part of human nature, and that we will never be able to fully work together. That may or may not be accurate and is beside the point. What we have now are economic management systems (money, finance) that encourage greed and have power and control being exercised by a relative few. The systems are designed this way. Slavery was once designed into the system. Today there is no systemic slavery. We, the people of the world will not tolerate it. We are certainly capable of designing better economic management systems, in fact we have to because the financial systems are failing NOW. We may even surprise ourselves with how good we can make it and how wonderfully we can get along with each other. From cave dwelling to space traveling to democracy and human rights, thats what weve been doing, one innovation after another.
PRINCIPLES INTO ACTIONS AND RESULTS
Get educated: Study Critical Path by Buckminster Fuller.
Study any of Buckminster Fullers work.
Participate with Buckminster Fuller Institute (bfi.org).
The Venus Project; Jacque Fresco; Resource based economy (thevenusproject.com).
A Steady State Economy by Herman Daly (theoildrum.com).
The U.S. Basic Income Guarantee Network (usbig.net) and the Basic Income Earth
Network (basicincome.org). The goal is actually Maximum income guarantee,
however the direction of these is right on.
The Future of Money by Bernard Lietaer (blietaer@earthlink.net).
Technocracy; Energy based economy (technocracyinc.org). This organization has done
remarkable work designing a Direct-Access economic management system.
More of my writings (BillionsofBillionaires.blogspot.com)
Educate others: Family, friends, co-workers, churches, politicians, economists, unions, service groups,TV, radio, print and internet media:
1) THE CONDITION ON PLANET EARTH IS ABUNDANCE
2) FINANCE IS NOT ECONOMICS
3) YOU AND I AND EVERYONE HAVE EQUAL VALUE
4) WERE ALL IN THIS TOGETHER
BTW my blog ----->
[link] Volunteer: There are hundreds, thousands of existing groups and programs available to any of us to participate with.
Demand action of ourselves and businesses and politicians.
Start a project or organization that is consistent with the principle of: Success for All.
Do an action like also giving a directory of services to people asking for money at street corners.
Forward the attached: Open Letter to Barack Obama and Joe Biden. Have others do the same.
Get in touch with me to:
A) cooperate in sharing this message widely, and:
to further develop the design of, and conversion to, a Direct-Access economic management system.
William Daniels Copyright. Please distribute this freely for non-commercial purposes.
503-314-6902 I am available to speak, write on specific topics, etc.
wdinpdx@yahoo.com
1/20/09
SOURCE
www.bfi.org/news-events/community-content/true-economicszzzz