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Towards a New Sustainable Economy: The Role of Education

12 Feb

What is Wealth?

Hazel Henderson, Futurist and founder of Ethical Markets Media, LLC  advocates for new thinking on what constitutes wealth and how we measure it.

Hazel Henderson was interviewed by “The Money Fix” below. In this video Ms. Henderson says:

“The real wealth of nations are the population and its talents and resources and of course the resources of the earth. Those are the real assets of any nation.”

The Money Fix podcast #1 Hazel Henderson

Henderson claims that money initially was a way of tracking various transactions between people. However, when the system grew people equated money with wealth. This philosophy of wealth and money according to Henderson created problems in “every local social system on the planet.”

More Paper Assets than Actual Goods and Services

One of the major problems with our current economic system is that we have 9 times more paper assets than people on the ground producing useful things like clothes and food according to Henderson. Before the major 1929 Depression Henderson said that the huge mountain of paper assets piled on top of paper assets resulted in eventual economic collapse. She predicted that there would be a similar collapse of the economy based on the imbalance in the economic system.

Hazel Henderson was interviewed for the above video in 2007. Her prediction about the U.S. economy tanking occurred. The U.S. economy went into a deep recession starting in 2007 and 2008 primarily due to wild speculation by Wall Street on exotic CDOs related to mortgage backed securities. The securities were packaged to appear healthy by major brokerage firms like Goldman Sachs. In reality these “securities” were toxic waste dump booby-traps waiting to go off. Companies like Goldman Sachs deliberately encouraged some of their clients to purchase these toxic waste dump financial products knowing that they would most likely fail. They bet against the very securities they sold to their clients in order to reap profits.

How Do We Achieve A Sustainable Economy in Harmony with the Environment?

Hazel Henderson says that 50% of all countries have a cooperative economy not necessarily based on money transactions. Instead it is based on caring and sharing. She calls it the “Love Economy.” In developing nations, 75% of their economies may be considered “Cooperative” economies.

How do we measure national well-being? The Calvert-Henderson Quality of Life Indicators include a systems approach that takes into account the dynamic state of our social, economic and environmental quality of life. Henderson promotes “Ethical Markets.”

Hazel Henderson offers 21st Century Strategies for Sustainability. In her article she says:

Reintegrating human knowledge, systems thinking and multi-disciplinary approaches to public and private decisions are widely recognized as necessary to address the human condition in this new century.

Why is our equal genius for bonding and cooperative behavior – even altruism not taught in business schools as the true foundation of all human organizations and our greatest scientific and technological achievements?

If a doctor makes a patient sick, a malpractice suit can be filed.  Economists’ bad advice can make whole countries sick – with impunity, as, for example, IMF economists’ advice worsened Indonesia’s economic woes in 1997.

How can we provide excellent education and jobs for the Youth of the World?

On Feb. 12, 2011 NPR had an interesting program from America Abroad Media, “The Arab World’s Demographic Dilemma: Young, Unemployed and Searching for a Voice,” about the problem in the Middle East of a majority of unemployed youth with little or no job prospects. There is a cycle of lack of good education for Youth in countries like Yemen, Jordan, and Egypt combined with a reduction of jobs provided in the public sector and small growth of jobs in the private sector. No wonder these youth are prime targets for extremist groups.

Where are the leaders of the world thinking about the future generations? The present generations have a responsibility to:

  • Educate the next generation to be well-prepared to tackle the realities of the world
  • Educate the next generation of youth to be critical thinkers who are problem-solvers
  • Provide dignified job opportunities for youth

This is a worldwide issue, not just something occurring in the Middle East. U.S. corporations have kept wages the same for over a decade and cut jobs. Many young graduates apply to hundreds of positions before getting even one interview. Is this reasonable?

It is time to rethink the economic ecosystem and create healthy economies that will employ the Youth of the World in every country. Simultaneously there is a need for providing better quality K-12, college and post-graduate levels of education to the world’s future generations. Creating a new sustainable economy involves preparing the next generation to meet the challenges they will confront. A healthy economy is based on good education of present and future generations.

The world is interconnected, we have a joint interest in helping the Youth of every country succeed.

What are your thoughts on the role of education and jobs in your country towards creating a new sustainable economy?

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Rubina Bhatti Reports About Pakistan Flood

16 Sep

We are all connected.

Rubina Feroze Bhatti of Taangh Wasaib Organization in Pakistan

Rubina Feroze Bhatti of Pakistan said in her article at Peace X Peace: “We Are All In the Hole Together: A Reflection on Volunteerism”

“Pakistan is now undergoing the greatest humanitarian crisis in its history. It will take years if not generations to repair the physical, economic and emotional damage.”

“I traveled in different districts of Punjab to help flood affected people, but I found the situation in Layyah the worst. Everything is very little over here – the food, the fodder, the water and the shelter. What is more is here – the wisdom, the courage and the hope. People are surrounded by water but they know how to make a boat. I have seen people putting a charpai [bed] on drums and making a boat to rescue their beloved ones.”

A passionate volunteer told me this with shining eyes. And then he paused. He had just returned from a few days spent in District Layyah. Sitting with volunteers is a daily routine in these days. We commit, plan and act to help the unreachable people of flooded areas. These volunteers are our energy, our motivation and our courage.

He broke his silence and said, “I am so moved by the guts of flood victims of District Layyah that I want to go back to them.”

“Why?” I asked.

“To tell them We are with you. Let’s make a boat.”

On behalf of Taangh Wasaib Organization, I express my deep gratitude to our local and international volunteers who are with us during the worst time of our history. I salute you! You have been spending your days and nights with flood affected people in different districts of Punjab. My special thanks to our courageous female volunteers who have been away from their homes, walking through mud, stones and standing water to see the disaster through a gender lens and help women to the best of their abilities. The food and non-food items provided to flood victims are insufficient, but the care, respect and bond you have shared with them is beyond calculation.

Because You Are Special

We sometimes take for granted
In the rush of all we do.
And forget to say a special thanks
To volunteers like you!

So we send this note to tell you
How much all you do means.
Your gifts of time and of yourself
Are special ones indeed.

To contribute much-needed flood relief to Pakistan, please refer to these organizations:

Taangh Wasaib Organization

Aurat Foundation’s Motherland Flood Relief Campaign

UNICEF

Relief International

Seal the Deal in Copenhagen for Curbing Global Climate Change

12 Dec

It’s time to seal the deal at the United Nation’s Climate Change Summit in Copenhagen as United Nations Secretary General Ban Ki-moon urges all people and all nations.

“We need to Seal the Deal in Copenhagen” (Ban Ki-moon)

The UN News Centre has useful articles that allow the public to track what each nation is doing regarding its pledges on climate change agreements:

The Nobel Peace Prize-winning Intergovernmental Panel on Climate Change (IPCC) has found that to stave off the worst effects of climate change, industrialized countries must slash greenhouse gas emissions by 25 to 40 per cent from 1990 levels by 2020, and that global emissions must be halved by 2050. (from UN News Centre, Dec. 11 2009)

The United States current Climate Change pledge on greenhouse gases:

-17% in 2020; 83% in 2050 based on 2005 levels

-3% in 2020 based on 1990 levels

China PR current Climate Change pledge on greenhouse gases:

Reduce the intensity of carbon dioxide emissions per unit of GDP in 2020 by 40 to 45 percent compared with the level of 2005.

India’s current Climate Change pledge on greenhouse gases:

20% to 25% reduction in emission intensity between 2005 and 2020.

Who suffers because of the devastation of Climate Change?

The poor and especially developing countries like Ghana suffer from the ravages of climate change. We are all interconnected and developed countries like the United States must assist other nations in improving their standards of living in ways that do not increase the devastation of climate change.

2009 Women PeaceMakers at Joan B. Kroc Institute for Peace & Justice

19 Oct

Each year the Joan B. Kroc Institute for Peace and Justice selects four women peacemakers from around the world. The 2009 Women PeaceMakers will participate in a panel discussion where they will talk about the work they are doing in their respective countries for peace. The event will take place on Tuesday, October 20, 2009 from 7:00 pm – 9:00 pm at the Joan B. Kroc Institute for Peace & Justice Theatre located at the University of San Diego. The event is free and open to the public.

The 2009 Women PeaceMakers:

The Women PeaceMakers Program “documents the stories and best practices of international women leaders who are involved in human rights and peacemaking efforts in their home countries.”

The San Diego Community has a rare opportunity to listen to the stories of these amazing women who are building peace through their grassroots efforts. I’ve attended some of the in-depth one on one conversations with each Woman PeaceMaker in October and I hope others have a chance to be inspired by attending the upcoming event on Oct. 20th, 2009 featured in this news flash.

Here is UCTV Presentation of a panel of 2006 Women PeaceMakers at IPJ:

Women War Peace: The Politics of PeaceBuilding

Interconnected News

9 Oct

Interconnections by Carrie Fonder NWTC Art Collection

Everything is connected

This blog is about the interconnectedness of all things from nature to politics and the vastness of the universe. Even science is proving more each day about our connections with each other and the universe. Visit us and explore the heart-to-heart connections we all have with each other and the power of even one person to create positive change within themselves and the world.

Here are some quotes from various individuals about the interconnectedness of all things:

Tug on anything at all and you’ll find it connected to everything else in the universe.
John Muir

We have a stake in one another … what binds us together is greater than what drives us apart, and … if enough people believe in the truth of that proposition and act on it, then we might not solve every problem, but we can get something meaningful done for the people with whom we share this Earth. ~ President Barack Obama

Rosie-Emery – We’re All Interconnected

Are We all Connected? What IS Entanglement?!

What are your thoughts on this phenomena?

Hello world! Welcome to Interconnected News

7 Oct

Welcome to Interconnected News! Stay-tuned for more articles about the interconnectedness of all things interesting about nature, people and the universe.