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Recognize Economic Priorities

Costs of Production Should Incorporate Byproducts

There’s no such thing as fast and cheap. The true costs of pro­duc­tion mate­ri­al­ize even­tu­al­ly. It’s time to dis­man­tle the facades of mate­ri­al­ism so we can see what’s real­ly hap­pen­ing behind the curtain.

“We are liv­ing the final stages of a very deceit­ful sys­tem that has made every­thing that is very cost­ly for the plan­et, cost­ly for the pro­duc­er, look cheap for the con­sumer. So very high cost pro­duc­tion, with GMOs and patents and roy­al­ties and fos­sil fuel, is made to look like cheap food. Very cost­ly pro­duc­tion that kills the girls in Bangladesh in slave fac­to­ries, is made to look like cheap cloth­ing. This is a fake cheap.”— Van­dana Shiva

Lead­ers of indus­try need to be account­able for the costs of cli­mate change. Big oil com­pa­nies have known about the cor­re­la­tion between fos­sil fuels and cli­mate change since the late 1970s.37 Yet this knowl­edge was ignored, and even lob­bied against, in a des­per­ate cor­po­rate effort to main­tain profits.

Report from the Besieged City 2, Pete Sacks

Com­pa­nies have fought hard to pro­tect them­selves from being account­able to ecosys­tems and mar­gin­al­ized com­mu­ni­ties. Legal loop­holes have allowed harm­ful busi­ness prac­tices to con­tin­ue for gen­er­a­tions. Through deceit­ful pro­pa­gan­da, the mat­ter of account­abil­i­ty has been obfus­cat­ed. Those who are most vul­ner­a­ble have paid most dear­ly. This behav­ior must be reconciled.

The esca­lat­ing effects of pol­lu­tion, pover­ty, and cli­mate change show us how inter­con­nect­ed we real­ly are. In Feb­ru­ary 2018, Cap­i­tal Insti­tute founder John Fuller­ton and spir­i­tu­al teacher Thomas Hübl sat down to dis­cuss regen­er­a­tive eco­nom­ics.38 Their con­ver­sa­tion raised the ques­tion: Why is it that the glob­al­ized cap­i­tal­is­tic sys­tem isn’t real­ly work­ing for every­one? In many cas­es, tax loop­holes allow giant com­pa­nies to pay almost noth­ing in tax­es while also suc­cess­ful­ly avoid­ing pay­ing any finan­cial price for any of their envi­ron­men­tal crimes. The most obvi­ous solu­tion to this prob­lem is for com­pa­nies to pay tax­es and become finan­cial­ly account­able for the effects of their actions. Yet, that kind of quick rem­e­dy, has to set the stage to make even more last­ing changes.

Heal­ing needs to occur between not only peo­ple and plan­et, but between groups of peo­ple who have been exploit­ed for the prof­its of oth­ers. In much the same way that can­cer is a lack of regen­er­a­tive health, in its own way, so too is pover­ty. A regen­er­a­tive eco­nom­ic sys­tem can play a vital role in reestab­lish­ing health to com­mu­ni­ties, and espe­cial­ly those which have been under­served or over-policed. Work­ing on heal­ing rela­tion­ships between com­mu­ni­ties of peo­ple will have a sig­nif­i­cant influ­ence on the over­all health expe­ri­enced around the world.

Rec­og­niz­ing that a the­o­ry of eco­nom­ic and social jus­tice is not just a fringe top­ic but the main con­ver­sa­tion that can take root in pol­i­cy-mak­ing, will help shift con­scious­ness on a large scale. The effects will be sub­stan­tial. At the present moment, we’re hav­ing trou­ble see­ing our­selves out of the mess we’re in because we haven’t yet had mass access to a sus­tain­able, regen­er­a­tive mod­el of soci­etal orga­ni­za­tion. Humans are great at cre­at­ing abstract arti­facts like eco­nom­ic mod­els. So let’s design a new mod­el, one that deliv­ers sus­tain­able out­comes in a way that’s intu­itive, auto­mat­ic, and regenerative.

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