Sunday 24 March 2024

Scarcity, then, is mostly an illusion, a cultural creation. But because we live, almost wholly, in a culturally constructed world, our experience of this scarcity is quite real—real enough that nearly a billion people today are malnourished, and some 5,000 children die each day from hunger-related causes. So our responses to this scarcity—anxiety and greed—are perfectly understandable. When something is abundant, no one hesitates to share it. We live in an abundant world, made otherwise through our perceptions, our culture, and our deep invisible stories. Our perception of scarcity is a self-fulfilling prophecy. Money is central to the construction of the self-reifying illusion of scarcity.

Money, which has turned abundance into scarcity, engenders greed. But not money per se—only the kind of money we use today, money that embodies our cultural sense of self, our unconscious myths, and an adversarial relationship with nature thousands of years in the making. All of these things are changing today. Let us look, then, at how money came to so afflict our minds and ways, so that we might envision how the money system might change with them.



No comments:

" Political economy begins with   commodities , with the moment when products are exchanged, either by individuals or by primitive comm...