Wednesday, 2 April 2008

Money: A New Beginning


Money: A New Beginning: "Amidst superabundance, even we in rich countries live in an omnipresent anxiety, craving 'financial security' as we try to keep scarcity at bay. We make choices (even those having nothing to do with money) according to what we can 'afford,' and we commonly associate freedom with wealth. But when we pursue it, we find that the paradise of financial freedom is a mirage, receding as we approach it, and that the chase itself enslaves. The anxiety is always there, the scarcity always just one disaster away. Greed is simply a response to the perception of scarcity. Money, which has turned abundance into scarcity, precedes greed. But not money per se, only the kind of money we use today, the kind of money that is evaporating as we speak, money with a very special characteristic that ensures its eventual demise."
This is the deep reason why we convert forests to timber, songs to intellectual property, and so on. It is why two-thirds of all American meals are now prepared outside the home. It is why herbal folk remedies have given way to pharmaceutical medicines, why child care has become a paid service, why drinking water is now the number one beverage sales growth category.

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