[ Episode #25 // Saving Money ]

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[ Episode #25 // Saving Money ]

Posted by: Justin Tags: community currency, debt, ecology, economy, education, expectations, finance, ideology, money, myth, negative interest, new york, optimism, unrest, youth Posted date: October 5, 2011 | 7 Comments

Is it more practical to learn permaculture than to earn a business degree? As financial markets sell off around the globe and world leaders scramble to prevent national defaults from collapsing the global economy, today’s youth are certain to live through a massive shift in the monetary paradigm. An education system that prepared us to receive jobs in a consumer economy injured our ability to truly learn and now we face the insult of entering a bleak job market. Is money real or is it based on societal myths? Can a monetary system built on collaboration rather than competition create a society that amplifies the positive aspects of human nature? As Mike Ruppert says: until we change the way money works, we change nothing.

In Extraenvironmentalist #25 we speak with Charles Eisenstein about his new book Sacred Economics which explains how to save the concept of money from being subject to our outdated understanding of human nature and simplistic mechanistic models of the physical world around us. While the social unrest sweeping from Cairo to Athens to Barcelona to New York is disrupting monetary dynamics can it also create an applicable positive vision? Charles explains how a negative interest currency and an economic model that integrates equity and ecology can end what we perceive to be the human nature emphasized by our current currency. Can we accept that the failure of money isn’t the end of the world but that it is an opportunity to reorganize?

Podcast: Play in new window | Download (Duration: 1:18:30 — 72.0MB) | Embed

Podcast (96kbps): Play in new window | Download (Duration: 1:18:30 — 53.9MB) | Embed

// Music (in order of appearance)
Zeds Dead – Coffee Break via The Music Ninja
MGMT – All We Ever Wanted (Bauhaus Cover) via Stereogum
Michita – November via Earmilk
HEALTH – Goth Star (Pictureplane Cover) via Gorilla vs. Bear
Beatles – Eleanor Rigby (Butch Clancy Remix) via Dubtunes

// Extended Clips
Fiat Money via Renegade Economist
Trader Interview on BBC
Occupy Boston

Glimin

This one was timed perfectly.
rsquared

It took me to the VERY end of this podcast to realize there would be no money saving tips. I guess that goes to show how much the ‘saving’ of money is ingrained in me to view it only through such a narrow lens.

With no motorcycle and no gun, something tells me Captain Double-America is part of the 99%.
- Jerry
  
  Well I have a gun (several of them), and a motorcycle (a customized KLR 650), and I’m part of that 1% that is hunkering down, in anticipation of the collapse of industrial civilization.
Robin Datta

The root cause of the problem is the depletion of natural resources (the primary economy), leading to a contraction in the secondary economy (usable items). The tertiary economy (symbols – pieces of paper with green pictures of dead presidents, magnetized particele in hard drives) is not so constrained,

The protesters want a return to the times of abundance and profligacy, but the systemic forces of Nature will impose scarcity and mandate parsimony: no matter what the protesters do.
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Great tracks, thanks man!
The Janitor

Awesome interview. Thanks guys for what you are doing! I love the vision of people giving based on what their true talents are, instead of wearing out their lives in the service of some inhuman corporation. I love the idea of our morals progressing to a point where we aren’t able to take advantage of our brother or our earth in the name of profit and/or living comfortably anymore. Humans have so much more potential.

Cheers guys!