This is a bit different than my typical posts, a breakdown of Sacred Economics (SB).
Primarily, the questions I had from it.
To summarize: I need to do some research on the below questions before my opinion is formed.
SB: If you ask why enough, it always comes down to money.
Question: Does he believe this applies to everything?
SB: Scarcity built into the money system.
Question: What system is scarcity not built into?
SB: Economic growth means taking what someone once got for free, for themselves or each other, and selling it back to them.
Question: Do the examples of inventions that were not natural resources, e.g. the internet, fall out of this scope?
SB: Banks loan to people that create businesses and less to people that don’t.
Question: Is his point that this is a bad thing because there are worthwhile things that should be funded that don’t get an investment? And that banks should start investing in things that don’t have a monetary RIO?
SB: The economic system can’t handle more growth.
Question: What does he means by this?
SB: Gift economy, people aren’t in competition with everyone, the more you give the more you get in status and security.
Question: Is competition with everyone the bad thing, it would be better if it was competition with a small group, or is competition entirely bad? What’s an example of an economic system where the more you gave the more you get in status and security? And status, being a zero sum game (someone needs to loose in order for someone else to win), why is that admirable?
SB: Looking at nature as a commodity tends to leave us lonely.
Question: If that is true, why?
SB: People desire to enact their gifts, money is a barrier
Question: Are there examples of where the gift economy helps remove money as a barrier?
SB: With no gifts there is no community.
Observation: How big of a part do gifts play into community?
SB: Shift away from the current money system to a new economy that is grounded in the truth. Align money with the true expression of our gifts, negative interest, internalization of costs, social dividends, reconciliation, peer to peer financing.
Question: Is there an example of this economy?
SB: Artificially induced competition isn’t working, each crisis moment we have a collective choice to give up the game and join people or hold on even tighter.
Question: Where are we seeing artificial competition?
SB: Civilization is not a mistake but a larger process. Falling in love with earth transition to adulthood, old world falls apart and new world is born. We need to apply our true gifts to apply them to the hard problems, almost impossible from old understanding of reality.
Question: Has this cycle of “transitioning to adulthood” happened before or is this the first time?
I’ve highlighted a few additional points that I found interesting below.
Money is valuable because it is an agreement between two parties.
Each of us are born with a sense that something is off, not how it was supposed to be.
We don’t deserve many of the gifts we have, air, a plant where we can grow food, and because of those undeserving gifts we are born in gratitude. We want to give in return.
We use purchasing to fill a hole.
Photo by Kasper Rasmussen on Unsplash.