Oh goodness me. I have been doing some searches on \u201cclimate action economy\u201d and \u201cclimate change\u201d \u201ceconomic growth\u201d and I find myself mad as hell.\n<\/p>\n
\nHeavens where are their brains? Economists from the World Bank and IMF, Nicholas Stern and many others are talking about the topic as though the economic system is a given. Shucks. How did they really think we got into this mess? Can\u2019t they ask themselves some basic questions?\n<\/p>\n
\nEnvironmentalist Hunter Lovins is just as much to blame. She, like others, thinks that there is an economic case for climate change, but fails to look at the currency system we have and fails to look at the tax system we have. Gosh when she visited New Zealand a couple of years ago I gave her a copy of my book but she can\u2019t have read it or she would understand that if you allow the creation of the country\u2019s currency as interest bearing debt then you have a growth imperative built in to the whole system.\n<\/p>\n
\nNow calm down Deirdre. Why should an environmentalist be interested in examining why there are flaws in the economic system we assume to be the only one?\n<\/p>\n
\nActually there is more to think about than the currency system. You also have to design a thriving low carbon economy as well and you can\u2019t do this without addressing the fundamental change necessary to turn the tax system on its head. It is time to stop taxing labour and sales and start taxing the use of the commons. A post carbon economy will have a flowing currency, but not flowing into the overuse of natural resources. Those avenues have to be blocked. And it can\u2019t flow into housing bubbles either. That is a no-brainer.\n<\/p>\n
\nThat is why my first e-book is going to be about climate change. Its about how currency and tax reform can save us from global warming. I am writing it now, well actually I\u2019m researching for it now. We need a land-backed currency introduced in every single country. Comments like those from the UK Chancellor, George Osborne, after Doha in 2011 \u201cWe are not going to save the planet by putting our country out of business\u201d are going to be a thing of the past.\n<\/p>\n
\nAs resourceful human beings, if we are clever enough to have google glass this year, we are also clever enough to start redesigning the political economy so we have both a thriving low carbon economy and we halt the death rush to a burning planet and death from drowning, starvation or drought. We can do both. We must do both. We will do both.<\/p>\n","protected":false},"excerpt":{"rendered":"
Oh goodness me. I have been doing some searches on \u201cclimate action economy\u201d and \u201cclimate change\u201d \u201ceconomic growth\u201d and I find myself mad as hell. Heavens where are their brains? Economists from the World Bank and IMF, Nicholas Stern and … Continue reading