Essentially, for the economy to continue growing and for the (interest-based) money system to remain viable, more and more of nature and human relationship must be monetized.
The crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left to convert into money.
Life itself has become a consumer item. Today we sell away the last vestiges of our divine bequeathment: our health, the biosphere and genome, even our own minds. This is the process that is culminating in our age.
The continuation of capitalism as we know it depends on an infinite supply of these new industries, which essentially must convert infinite new realms of social, natural, cultural, and spiritual capital into money. The problem is, these resources are finite, and the closer they come to exhaustion, the more painful their extraction becomes.
A collapse is coming, unavoidably.
"What is the most beautiful thing I can do?"
Wednesday, October 15, 2008
Charles Eisenstein on the real cause of the economic meltdown and its potential bright side
Posted by Thom Foolery at 11:22 AM