Human Economics

Human Economics

Throughout all of history, humanity has never lived in an era of such intimate globalization, as we do today… Never has any one country’s economy been so dependent upon the economy of other countries, and never has the fate of people in any one country been so dependent upon the fate of people in other countries. Indeed, the current crisis is affecting everyone, everywhere. It is with good reason that journalist, Thomas Friedman, argued in the midst of the crisis that it was “Time to Reboot America.” The laws that define relationships among individuals in society have changed dramatically, hence economy—which reflects those interconnections—must follow suit. Yet, this cannot happen by means of restrictions and regulations, since it is evident that our desire to enjoy is only growing through the years. Therefore, even if we truly want it, we will never be able to turn back time. As we develop, we constantly devise new ways to “beat the system.” Instead of wasting taxpayers’ money trying to reverse an irreversible situation, we must change our approach toward economy and business from the root level. The solution is to start from the place where the crisis began—the lost trust in human relationships. What has become clear is that we no longer trust one another: people don’t trust banks; banks don’t trust the rating firms, who don’t trust company shareholders, who have no trust in financial advisors, who have no trust in traders, who have zero trust in governments, who simply trust no one. Period. Nevertheless, despite the mistrust, we find that we are still dependent upon each other. And the more aware...
Ecologize Growth

Ecologize Growth

The words “Economy” and “Ecology” both come from the Greek word “Ecos,” meaning “household.” In other words, Ecology is the science about how to arrange our household on the planet Earth, and Economy sets forth the rules by which this household should operate. Therefore, we shouldn’t separate ecology from economy. Economy and ecology both have their own natural laws. And if we’re building an artificial economy, one that’s based on our own invented rules instead of the rules embedded in nature, then we’re leading ourselves to bankruptcy. Nature is a massive, complex, harmoniously designed, living household. By meddling in it and violating its laws, we induce the crisis. The entire economy must be reconstructed from being an economy of consumption to an ecologically correct economy – an economy of sensible...
Superbroke, Superfrugal, Superpower?

Superbroke, Superfrugal, Superpower?

What Thomas L. Friedman predicted a year ago in his article, we are living today. He was then expressing his view on America’s transition from being the world’s superpower to becoming a “frugal superpower” whose frugality would impact the world even more. He claimed that since the Great Recession of 2008, “the nature of being a leader, political and corporate, has been changing in America,” and now its leaders have been taking things away rather than giving to people. Freedman said America’s leaders, while depriving their voters, were not going to save money on foreign policy and wars. Yet, sooner or later, they would have to. He cited the Secretary of Defense Robert Gates, who had been warning that the cuts are coming, which would affect the globe. The journalist referred to the book (America’s Global Leadership in a Cash-Strapped Era), written by Michael Mandelbaum, the John Hopkins University foreign policy expert, to emphasize that by 2050, all forms of government supplied pensions and health care would account for an 18% of everything the United States produces. He wrote: “This… will fundamentally transform the public life in the United States and therefore the country’s foreign policy” and added that our defining watchword “more” was being replaced with “less”. Friedman continued to build his analysis on the information provided by Mandelbaum, who states that when the world’s only superpower is burdened with heavy debt, it will reflect on everyone. He also remarked that for the past century, the US foreign policy provided global public with many benefits – from open trade and containment to counterterrorism, and that US power had...
Integrative Education for the Integrated World

Integrative Education for the Integrated World

According to a year-old report, there are more than two hundred million unemployed in the world. Over the coming year, this number will grow astronomically, as global production wanes and natural resources continue to dwindle. This development constitutes an enormous problem for the unemployed themselves, as well as for society and governments, which are utterly powerless to stop it. As the ranks of the unemployed grow worldwide, the need for a comprehensive educational course, explaining the new integrated world and its governing laws, will be indispensable in preventing the kind of bloodshed and unrest that we’re already beginning to see materialize. So what is this “new world” that the global crisis is ushering us into? Well, if we take a step back and analyze the word “crisis,” it actually doesn’t have a negative connotation. Rather, it signifies a new stage that is similar to birth. We know from experience that transitioning from one state to another is hard, as it entails coming out of your comfort zone. Whether it’s changing jobs or modifying any other aspect of life, we tend to resist change and prefer to stay within a familiar operating system. With that in mind, there are two sides to this global crisis. On the one hand, we are experiencing genuinely awful and dramatic afflictions: horrendous floods, earthquakes, tsunamis, volcano eruptions, riots and wars, revolutionary coups, bloodshed in the streets, and increasingly dimming prospects of a bright future. On the other hand, we may view our current predicament as the normal pains of a process we don’t yet acknowledge, one in which we transition from one state to another. These...