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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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Please note that none of the approaches proposed here is a<br />

permanent solution. Instead, they are transition tools, useful for<br />

perhaps the next ten to 20 years, as we move from the Industrial Age<br />

to a Knowledge Age. We are living through an interval, a supremely<br />

uncomfortable time, when we are realizing, along with philosopher<br />

Thomas Berry, that 'we are in between stories. The Old Story is not<br />

functioning properly any more, and we have not learned the New<br />

Story.' This book focuses on what we can do in this interval 'between<br />

stories'.<br />

What prevents Sustainable Abundance?<br />

The first hindrance to Sustainable Abundance is that rue are largely<br />

ignorant about our money system, about the way money is created<br />

and managed in our societies. Even professional financial managers<br />

rarely understand how specific behavior patterns are programmed<br />

into our transactions by the type of money we use. We all live deeply<br />

enmeshed in a planetary money machine, most cogs of which we are<br />

unable to perceive, let alone understand or manage. Yet the<br />

prevailing money system prescribes all of our economics, and much<br />

of our current social behavior and political climate. Our lack of<br />

awareness also explains some strange facts. For instance, we have the<br />

capacity to produce enough food for everyone on this planet and<br />

there is ample work as well, but obtaining the money to pay for it all<br />

is another matter. This means that the key to Sustainable Abundance<br />

lies within the money system itself, the very system about which,<br />

ironically, we have remained largely unaware until now.<br />

The second hindrance to Sustainable Abundance is the inertia of<br />

tradition and its related vested interests. However, this way of<br />

exerting power is now slipping away for the simple reason that as<br />

information technologies spread, so does control over currency<br />

creation and the related monetary interactions.

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