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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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that we can always create jobs by psychoanalysing each other to deal<br />

with the breakdown.<br />

In practice, the Conservatives tend to deny the existence of any<br />

structural employment problem. When faced with the social tensions,<br />

which result indirectly from unemployment, they will often deal with<br />

the symptoms in the sequence in which they appear. This amounts to<br />

clipping the branches while the roots remain intact. For instance, one<br />

slogan on the right is that jobs are gone because immigrants take<br />

them from you, therefore let us crack down on immigration. Another<br />

solution is tougher laws on crime. As a consequence, prison building<br />

has become one of the biggest growth industries in the US.<br />

Learning from the past on the right?<br />

Building more prisons may well be seen in retrospect as the most<br />

expensive welfare system in history: paying $20,000 per person per<br />

year to keep someone in prison for ever is unlikely to prove to be the<br />

most cost-effective method of tackling the vicious circle of<br />

unemployment.<br />

The most likely outcome of this scenario is what has already<br />

happened in many Third World countries. Instead of indefinitely<br />

putting more people in prison, what happens is that those who can<br />

afford it lock themselves up in 'golden ghettos', or other gated<br />

communities. Whatever the level of luxury or comfort that these<br />

golden ghettos can provide, it still boils down to a self- imposed<br />

prison system. In parallel the majority of society those who cannot<br />

afford the golden ghettos - is left to fend for itself in a gang-infested<br />

urban jungle. Is that really an acceptable evolution for a democratic<br />

society?<br />

Solution from the political left

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