THE FUTURE OF MONEY Bernard A. Lietaer About the Author Bernard Lietaer had thirty years of professional experiences, which tend to mutually exclude each . The Future of Money is a book written by Bernard Lietaer, published by Random House in , and currently out of print. It was written as an overview of how. The Future of Money has ratings and 14 reviews. Joshua said: Fascinating! It is especially prescient given that it was published in (!) yet seem.
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He’s building a beauty now, though, at www.
The Future of Money | Currency Solutions for a Wiser World
The vignettes provide a foretaste of what Sustainable Abundance might look and feel like in Lietaer explains how the cybersphere is fundamentally changing money and the financial system, and what it means for us. Under contemporary financial criteria, a decision like the one above is unthinkable. The second reason is that they have already proven to be capable of addressing breakdowns of a new nature to which no solutions have been forthcoming within the conventional money paradigm.
Its origins are lost in the mists when the ice was melting, and may well stretch into the intervals in human history of the inter- glacial periods, when the weather was delightful and the mind free to be fertile with new ideas in the islands of the Hesperides or Atlantis or some Eden of Central Asia.
Curiously, unnoticed by mainstream media and academia, new monetary experiments have already started to thrive in a dozen countries around the world.
Shaping a Sustainable Global Economy. Bernard lays out a view that most people are not aware of.
Let us take a brief look at each one of them. The first hindrance to Sustainable Abundance is that rue are liegaer ignorant about our money system, about the way money is created and managed in our societies. Withoutabox Submit to Film Festivals. But where does your employer get this money? Get fast, free shipping with Amazon Prime. This was accompanied by dramatic changes in personal insights and collective crises such as the need to finance wars, or the political reactions to the South Sea Bubble of the s.
It synthesizes a library of intimidating tomes in a form inviting for the layperson. But this is not where money is created.
The Future of Money
There are many people who, to this day, claim that ‘real’ money would be a return to the gold standard. More information and direct contact for answers to your questions are available in an on-line ‘Money Conference’ on www.
This is the purpose of the balance of Part One, What is Money?
It is worth repeating that what drives the change are the gigantic falls in costs and speed not only in computer chips but also in communications in general see sidebar. Such a community can be the entire global community as is the case of the US dollar by treaty, as long as it is accepted as reserve currencyor a geographically disparate group such as Internet participants.
However, this way of exerting power is now slipping away for the simple reason that as information technologies spread, so does control over currency creation and the related monetary interactions. Just as the magician needs a handkerchief to wave above the hat before the rabbit can appear, the banker has an additional veil. Following the introduction and first chapter, where Lietaer outlines five core problems people are facing worldwide, the book is divided into two parts.
They are empowering self-organising communities, while increasing overall economic and social stability. Thank you from the bottom of my heart. The American family may have a future that can’t be bought without the knowledge in this book.
In the Industrial Age nation-states became the paragon of power, so national currencies automatically became dominant. New Money for a New World. Initially, they were a simple marketing gimmick to build customer loyalty.
InAlan Greenspan noted: Lastly, emerging global non-geographic communities, such as the Internet, foretell significant changes in the transnational currency realm, which will be addressed later Chapters 3 and 7. A working definition of money Our working definition of money can now be very straightforward: We are living through an interval, a supremely uncomfortable time, when we are realizing, along with philosopher Thomas Berry, that ‘we are in between stories.
The other difference from all previous extinction is that this one is due to the actions of one species our own – which also claims to be the only one endowed with intelligence and consciousness.
There are also other functions that today’s money tends to perform, such as unit of account, store of value, tool for speculation, and so on. In summary, the current monetary system obliges us to incur debt collectively, and to compete with others in the community, just to obtain the means to perform exchanges between us.
But now I want to be the financial market: In his outline of sustainable abundance, Lietaer gives a scenario where people have the freedom to gain a livelihood from their workdefined as what people desire to do, as opposed to the jobwhich was created during, and is an artifact of the industrial revolutionand wealth is sustainabledistributed, and in abundance.
The quality, accuracy, relevance, and utility of information are not givens. Then he gave to each family ten rounds, and explained that each represented the value of one chicken. The medium is the message. What is remarkable is that even after identifying the key role of information systems in structural change the most important of our economic information systems, our money system, has been ignored as a key leverage point for inducing the necessary and desirable changes.
This article needs additional citations for verification. Most people, when they find out where money really comes from, are as disbelieving as some children when they first find out where babies come from. There’s a time and a place for everything, and the good things in life take some effort.
These two metals remained divinely ordained currencies after the astrological justification was long forgotten. At key periods of the year, like harvests or whenever someone’s bar needed big repairs after a storm, people recalled the tradition of helping each other out that they had brought from the old country. Are you aware that N.
Finally, the current system encourages individual accumulation, and ruthlessly punishes those who don’t follow that injunction.