01.07.2013 Views

THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Please note that none of the approaches proposed here is a<br />

permanent solution. Instead, they are transition tools, useful for<br />

perhaps the next ten to 20 years, as we move from the Industrial Age<br />

to a Knowledge Age. We are living through an interval, a supremely<br />

uncomfortable time, when we are realizing, along with philosopher<br />

Thomas Berry, that 'we are in between stories. The Old Story is not<br />

functioning properly any more, and we have not learned the New<br />

Story.' This book focuses on what we can do in this interval 'between<br />

stories'.<br />

What prevents Sustainable Abundance?<br />

The first hindrance to Sustainable Abundance is that rue are largely<br />

ignorant about our money system, about the way money is created<br />

and managed in our societies. Even professional financial managers<br />

rarely understand how specific behavior patterns are programmed<br />

into our transactions by the type of money we use. We all live deeply<br />

enmeshed in a planetary money machine, most cogs of which we are<br />

unable to perceive, let alone understand or manage. Yet the<br />

prevailing money system prescribes all of our economics, and much<br />

of our current social behavior and political climate. Our lack of<br />

awareness also explains some strange facts. For instance, we have the<br />

capacity to produce enough food for everyone on this planet and<br />

there is ample work as well, but obtaining the money to pay for it all<br />

is another matter. This means that the key to Sustainable Abundance<br />

lies within the money system itself, the very system about which,<br />

ironically, we have remained largely unaware until now.<br />

The second hindrance to Sustainable Abundance is the inertia of<br />

tradition and its related vested interests. However, this way of<br />

exerting power is now slipping away for the simple reason that as<br />

information technologies spread, so does control over currency<br />

creation and the related monetary interactions.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!