hey...
i feel the current crisis in economics has its root in human psychology.
money is 3 things: a unit of account, a store of value and a means of exchange.
Exchange and accounting are relatively concrete. Value however, is not. Given the institutionalization of greed and the way it is now deeply embedded in systems of governance (referring specifically to lobbying of private interests to public officials) i am uncertain to the ability of "reform" to do the trick.
Given the psychological roots of value, i.e. gold is only valuable because we deem it so, in order to change the global economy would require a restructuring of collective consciousness. Simply put, is it possible to extract the speculative greed that has propelled us to this point without altering the global perception of value?
I am under the impression that it is not. Nonetheless, I am hopeful that a shift in the global economic paradigm will transpire over the next decade vis-a-vis what people commonly call "chaos".
It is my belief that we are currently on the leading edge of a point in time that forms a normal curve (bell curve) of destructive/transformative forces that rapidly break down outmoded institutions that no longer serve the expanding consciousness of the Human Family.
Our relationship to "value" is in the process of transformation and will not be grounded into reality until
after the financial crisis of 2008 has
(a) finished reverberating throughout all economies globally
and (b) initiated a period of tension that finds its culmination in talk of global war.
I am not suggesting that there will in fact be a WWIII but rather that economic tensions will probably culminate in a geopolitical senario that at least reflects a great underlying tension of the times as the collective consciousness of the Human Family is forced to embrace a more enlightened worldview that is based upon group not individual consciousness.
Until such a time is reached, there wont be a physical manifestation of any new economic systems. I just feel that being on the leading edge of a great dispensation of destructive force we are collectively not ready to embrace any new paradigms as any new global economy will reflect a psychological shift in value.
A parallel to this can be seen in the levels of awareness between the WWII generation and those born in the late 1940s forward (baby boomers). This awareness is reflected in terms of individual creativity and materialism. Im not saying that the post-WWII generation is not materialistic, im simply suggesting that they are not so
rabidly materialistic as those generations of humanity that we see in the late 19th and early 20th century.
So in short...
The conceptualization of value is key. The key to changing it is in the collective psychology of Humanity. This psychological shift will be a shift away from selfish individuality toward more group conscious means of expression by the majority of humanity. So the building tension is for the liberation of consciousness from self-limiting institutions - artifacts of a bygone age. Until this transpires, we wont see a manifestation of a new paradigm.
sorry for being long-winded
