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

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

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· 'Faced with widespread destruction of the environment people<br />

everywhere am coming to understand that we cannot continue to use the<br />

goods of the earth as we have in the past. A new ecological awareness is<br />

beginning to emerge, which rather than being down played, ought to be<br />

encouraged and developed into concrete programmes and initiatives.'<br />

- Pope John Paul, II<br />

· 'It's good business to anticipate the inevitable, and it seems to me<br />

inevitable, whether we like it or not, that we are moving toward an economy<br />

which must be limited and selective in its growth pattern. The earth has<br />

finite limits - a difficult idea for Americans to adjust to.'<br />

- John Rockfeller III<br />

· 'On the bleached bones of dead civilisations are written the words: too<br />

late:’” - Martin Luther King Jr.<br />

One last time, we will play our game of 'tell me what your<br />

objectives are, and we can design a currency that supports it'. This<br />

chapter deals with the money question': 'how can financial interests<br />

become compatible with long-term sustainability?' Another way to<br />

ask the same question: is a win-win approach possible for finance,<br />

business and society?<br />

This issue may be the most important because even the survival of<br />

our own and many other species is at stake. As the prominent French<br />

monetary theorist Jacques Rueff claimed, 'Money will decide the fate<br />

of mankind.' Will we have to see the last fish die, or the last rainforest<br />

cut down, before we realise that we will not be able to eat money?<br />

It is presented in this late chapter because - in contrast with the new<br />

currency designs presented in the previous chapters - this proposal<br />

breaks new ground and has therefore no contemporary case to<br />

demonstrate it.

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