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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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The writing is on the wall: we are in this predicament now.<br />

From as far back in history as anyone can trace, people have been<br />

identifying with their jobs. We still describe ourselves as stone<br />

cutters, professors, bankers, and computer experts. In fact, many of<br />

our most common family names are derived from various jobs and<br />

professions: Smith, Fletcher (arrow maker), Potter or similar titles in<br />

living or dead languages. It goes back all the way to the Stone Age. In<br />

the earliest Sumerian tablets, the writer identifies himself as 'So-andso,<br />

the Scribe'.<br />

If Keynes is right, we will for the first time in history be forced to<br />

reinvent ourselves, to find other ways to identify who we are. We<br />

won't any longer be able to identify ourselves with these 'production<br />

labels'. In other words, we will be forced to seek other identities,<br />

other reasons that give a purpose to our lives. Keynes concluded that<br />

'no country can look forward ... without a dread' to this<br />

unprecedented historic shift.<br />

Nor was Keynes the only one to foresee such problems. Norbert<br />

Wiener, the originator of cybernetics, was also one of the very first to<br />

warn us of the social implications of computers: Let us remember<br />

that the automatic machine [i.e. computer-driven production<br />

equipment] ... is the precise economic equivalent of slave labour. Any<br />

labour, which competes with slave labour, must accept economic<br />

conditions of slave labour. It is perfectly clear that this will produce<br />

an unemployment situation in comparison with which the present<br />

recession and even the depression of the thirties will seem a pleasant<br />

joke.<br />

But are there not already some telltale signs of what that may look<br />

like?

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