Is There Any Alternative to Wall Street, Globalization and the Savior State? (February 20, 2013) An alternative economic ecosystem based on local enterprise and building community resilience is slowly self-organizing. Any attempt to separate Wall Street from the Savior State will necessarily be misleading, because Wall Street and the State are two sides of one coin. The State enforces cartel markets and profits and buys complicity of the masses with bread and circuses. Everything else is window-dressing. Since capitalism has been on a trend of increasing globalization for the past 700 years, and the central state has been the ascendant model of global power for almost as long, Wall Street and the Savior State cannot be separated from globalization. Is there any alternative to the Wall Street/Savior State model of consolidation and distribution of power and wealth? Yes, but it is still in its infancy. In general, alternative systems are expressions of two related trends: relocalization and resilience. As I noted in Resistance, Revolution, Liberation: A Model for Positive Change, there is a deeply political aspect to resilience and complicity: in depending on the neofeudal financial sector and State, we lose our liberty and independence. Our sense of self-interest is distorted to the point we identify with Wall Street and the Central State as "being in our best interests." Eric Stewart of www.codegreencommunity.com recently described his group's efforts to establish an alternative economic ecosystem based on local enterprise and building community resilience:
I agree with you assessment of where we are headed in our collective human journey, but prefer to imagine new choices as well and initiate them locally. Thank you for sharing your excellent work, Eric. As for your question: it seems to me that as long as the Wall Street/Federal Reserve/Savior State is distributing "free money" to banks and corporations and to individuals via entitlements, the vast majority of recipients of this swag have little incentive to invest time or money in alternatives. Only when the Savior State fails will people be motivated to participate in alternatives. Those establishing the initial models and organizational framework are performing an essential service: once centralized authority and money distribution begin to unravel, these models can be quickly adopted/adapted by thousands of communities. The ability to share local resilient-community models globally is a game-changer. The neofeudal/neocolonial model of parasitic extraction by the Corporate State depends on the unimpeded flow of centralized capital. The alternative global system relies on the free movement of decentralized capital invested in practical models of opt-in, self-organizing locally resilient structures. Here are some resources: there are some permaculture links in the right sidebar as well. The Small-Mart Revolution: How Local Businesses Are Beating the Global Competition (Michael Shuman) Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity--A Community Resilience Guide (Michael Shuman) Locavesting: The Revolution in Local Investing and How to Profit From It (Amy Cortese) Inquiries Into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered (Woody Tasch) From my book Resistance, Revolution, Liberation: A Model for Positive Change: This is the basic credo of liberation: “I no longer care if the power centers of our society--the distant, fortified castles of our financial feudal system--are changed by my actions, for I am liberated by the act of resistance. I am no longer complicit in perpetuating fraudulent feudalism and the pathology of concentrated power. I no longer covet signifiers of membership in the Upper Caste that serves the plutocracy. I am liberated from self-destructive consumerist-State financialization and the delusion that debt servitude and obedience to sociopathological Elites serve my self-interests.” As an example, nothing is more apolitical than food, according to the Status Quo. Yet this is entirely backward; nothing is more political than food, for it either sustains us and our freedom or it indentures us to disease and dependence on the Savior State’s immensely profitable sickcare system, i.e. the abomination known as “healthcare” that profits from chronic disease, not health.
There are no apolitical “personal choice” acts; there are only profoundly political
acts of resistance or complicity. (pages 205-6)
Things are falling apart--that is obvious. But why are they falling apart? The reasons are complex and global. Our economy and society have structural problems that cannot be solved by adding debt to debt. We are becoming poorer, not just from financial over-reach, but from fundamental forces that are not easy to identify or understand. We will cover the five core reasons why things are falling apart: 1. Debt and financialization 2. Crony capitalism and the elimination of accountability 3. Diminishing returns 4. Centralization 5. Technological, financial and demographic changes in our economy Complex systems weakened by diminishing returns collapse under their own weight and are replaced by systems that are simpler, faster and affordable. If we cling to the old ways, our system will disintegrate. If we want sustainable prosperity rather than collapse, we must embrace a new model that is Decentralized, Adaptive, Transparent and Accountable (DATA).
We are not powerless. Not accepting responsibility and being powerless are two sides of
the same coin: once we accept responsibility, we become powerful.
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