Did you ever wonder how your life would be if you were living in a debt-free country? Actually, there are very few debt-free countries in the world and our chances to live in one of them are negligible. Myself, I have never had a change to live in one of them, but I guess it would be a completely different world. Continue reading ““The Rat Race” – our everyday life laden with debt”
I have recently read a great book – “The Poverty of Power – energy and the economic crisis”. The author of the book, Barry Commoner, did an excellent job to demonstrate that “.. the modern technological industries tend not so much to serve social needs as to invent them. The criterion for production has not been the reduction in the cost of energy, capital, and environment degradation, but more profit”. It is unfortunate that in the modern economy, almost all produced energy is derived from fossil fuels such as oil, natural gas, and coal. As we all know these are the non-renewable sources of energy and their constant exploitation has a devastating effect on our environment and lives. Yet, the usage of the renewable sources such as wind or sun is crippling somewhere behind almost unnoticed.
Continue reading “What Has Our Monetary System Got To do With The Environment?”
In the last post, we have looked at how a debt-based system enslaves people and how all human effort is channelled into one direction – financial institutions. Unfortunately, this sad fact is obscured by a clever manipulation of our perception that makes us believe that our standard of living improved significantly compared to previous generations. But all depends on how we measure our standard of living. Continue reading ““Home sweet home” – Who Owns Our Biggest Assets In A Debt-Based System?”
We may think about money in two different ways – as something we have to work for, or as a human invention that helped us to progress and build the world we have today. Money can be perceived as a flowing blood of our economy, facilitating millions of transactions that occur every single minute. Imagine for a moment that we don’t have this medium of exchange – regardless of its form – How would our world look like?
Continue reading “Why Understanding Money Is Important For Younger Generations”