The Call of Our Times – Humanity is at a critical juncture – civilization needs a new operating system (speech 2009)

As Paul Hawken (The Next Economy (Ballantine 1983)) succinctly put it in his memorable address to Portland University’s graduate class in May of 2009,

“civilization needs a new operating system” and fast.

And Central Banks and Governments should support the efforts of innovation in that field – you know what happened in the 1930s and afterwards WW2 with 61 Million people dead.

Why?

Because many of the socio-economic rules under which we operate were created under a worldview that failed to recognize that the earth is a living system and that every form of life has its unique and valuable place and purpose in sustaining the larger web of life. (Submitted by blietaer on September 3, 2010 – 1:38 am)

Lietar is advocating a “Monetary Ecosystems” (multiple currencies not only country-wise but also purpose wise) instead of a “Monetary Monoculture” which would bring about more stability.

“The structural issue is the lack of diversity – there needs to be an optimal balance between resilience and efficiency – conditions of stability of complex flow network (like human body – blood circulatory system)”

monopoly = monoculture like in agriculture is more efficient but it is very fragile/instable, like a airplane with one motor – if the motor breaks you are screwed.

With agriculture: Monoculture is not sustainable – you will need to use a lot of chemicals (fertilizers and pesticides).

“i have never met anybody who owns a monopoly – who did not try to keep it.”

(Central Banks/OPEC/Energy/Food/Land/Water)