Money doesnt stand for anything, and money now grows faster than the real world. Conventional economics is a form of brain damage. Economics is so fundamentally disconnected from the real world, it is destructive. If you take an introductory course in economics the professor in the first lecture will show a slide of the economy, and it looks very impressive. You know, raw materials, extraction process, manufacture, wholesale, retail, with arrows going back and forth. And they try to impress you because they know damn well economics is not a science, but theyre trying to fool us into thinking its a real science. Its not. Economics is a set of values that they then try to use mathematical equations and pretend that its a science. But if you ask the economist In that equation, where do you put the ozone layer? Where do you put the deep underground aquifers of fossil water? Where do you put top soil or biodiversity? Their answer is, Oh, those are externalities. Well then, you might as well be on Mars; that economys not based on anything like the real world. Its the web of life that filters water in the hydrologic cycle. Its microorganisms in the soil that create the soil that we can grow our food in. Nature performs all kinds of services: insects fertilize all of the flowering plants. These services are vital to the health of the planet. Economists call these externalities. Thats nuts! -- David Suzuki #economics #externalities #money #nature #science
Posted on: Fri, 07 Mar 2014 15:28:24 +0000
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