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Sacred Economics

Rediscovering Economics: A New Perspective on Value and Community

Towards a More Beautiful World: Implications for our Future

Imagine a world where relationships and communities flourish, unshackled from the constraints of financial transactions. Picture the idea that wealth isn’t just measured by currency but by the rich tapestry of human connections—caring, sharing, and gifting. This lesson delves into the profound insights of Charles, who explores the current state of economics—a system increasingly dictated by money—and contrasts it with the foundational concepts of a gift economy. By examining these principles, we reveal why considering alternatives to traditional monetary systems is more relevant than ever, especially in the context of growing economic and environmental pressures. This exploration ties directly into the ethos of the Crypto Is FIRE (CFIRE) training program, where individuals seek to understand the interplay of crypto, personal finance, and the broader economic landscape.

 

Hidden Value of Community: Happiness Beyond Currency

In this lesson, we summarize the key arguments presented by Charles regarding the impoverished definition of economics. Traditionally equated with money, economics encompasses so much more—it signifies our collective efforts to meet needs, nurture relationships, and forge connections within our communities. Charles highlights how many essential functions in society have been monetized over time, from caregiving to entertainment, leading to an increasingly competitive, stressful lifestyle marked by financial anxiety. For him, this paradigm shift into a monetized existence overlooks elemental joys and the natural wealth derived from human interaction and community. One striking claim he makes is: “What you give is the only thing that cannot be taken.” This reflects the notion that true wealth lies beyond financial riches—in generosity, compassion, and the bonds we forge with others.

 

Critical Analysis

Strengths of Charles’s Argument

  1. Reconceptualization of Wealth: Charles brilliantly emphasizes that wealth is not confined to monetary wealth; instead, it encompasses relationships, community strength, and ecological balance. By evoking the shared experiences of our ancestors who thrived in community-oriented settings, he establishes a compelling case for reconnecting with a more expansive understanding of wealth.

  2. The Role of Community: The re-emphasis on community vibrancy as a source of happiness is another critical point. Charles illustrates this by contrasting communities in poverty yet rich in relationships with affluent areas segregated by economic divides. Happiness is often more abundant where people actively support and care for one another, manifesting the principle that community support offers resilience against financial adversity.

  3. The Critique of Growth Economics: The discussion on the economic structure modeled on perpetual growth is crucial. Charles likens this system to a “musical chairs” game—artificial scarcity creates competition and anxiety, emphasizing how our current debt-driven economy results in a vicious cycle of inequality and dissatisfaction. This critique aligns with contemporary environmental challenges where perpetual growth often depletes natural resources.

  4. Integration of Spiritual Dimensions: Charles’s call to incorporate a spiritual understanding into economics is thought-provoking. He encourages us to recognize that our values shape economic reality. By framing individual choices as powerful declarations to create a world based on love and generosity, he reframes how we make decisions about money, making ethical considerations central to economic engagement.

Addressing Limitations

  1. Idealism vs. Reality: While Charles’s vision of a gift economy is inspiring, the practicality of transitioning from a deeply entrenched capitalist framework raises questions. How do we overcome systemic inertia where monetary transactions dominate? Skeptics may argue that the abstraction of a gift economy ignores the realities many face, particularly those struggling with basic needs and survival.

  2. Complexity of Economic Systems: The discussion tends to oversimplify the multifaceted nature of modern economic systems. While the emphasis on community healing is vital, the wide distribution of wealth and power complicates the narrative. For example, some may not have the same opportunities to engage in community-driven initiatives, raising concerns about equitable participation in this envisioned gift economy.

  3. Systematic Resistance: Finally, one must consider the power structures that resist such a shift. Those benefiting from the current system may not readily concede to new paradigms. The transition to a gift economy might face significant obstacles that necessitate more robust systemic changes, including legislation and new organizational frameworks.

Towards a Balanced Perspective

Overall, Charles’s thoughts resonate with many who seek alternatives in today’s economic landscape, pushing us to rethink our engagement with money and each other. Acknowledging the complexities and potential pushback raises critical discussions, but it does not diminish the value of his vision; rather, it provides fertile ground for future exploration.

Connections to Cryptocurrency and Blockchain

Charles’s exploration of economics invites intriguing connections to the cryptocurrency and blockchain space. Today’s cryptocurrencies and decentralized finance (DeFi) platforms seek to reduce reliance on traditional monetary systems while fostering community engagement through token economies.

  1. Decentralized Trust Networks: Cryptocurrencies often function as peer-to-peer networks that allow users to transact without intermediaries. This mirrors the gift economy philosophy wherein direct relationships foster trust. Projects such as Ethereum emphasize smart contracts, which enable automatic execution of agreements, reinforcing principles of collaboration and cooperation—key elements harkened in Charles’s talk.

  2. Tokenization of Generosity: Tokens can be seen as avenues for representing and incentivizing community-supported initiatives, enabling more people to contribute positively to local ecosystems. Charitable organizations can create tokens that signify participation in social enterprises, enhancing the spirit of collaboration echoed in discussions of the gift economy.

  3. Resilience through Community-Centric Models: Emerging blockchain projects aim to foster resilience by emphasizing community engagement and support over monetary gain. Systems designed for distributed governance, like DAOs (Decentralized Autonomous Organizations), invite contributions that benefit the larger community, echoing Charles’s vision that wealth is ultimately grounded in human relationships.

  4. The Challenge of Capitalism: Even in crypto, challenges persist. The sector is not without its pitfalls—scams, speculative behavior, and environmental concerns linked to established cryptocurrencies like Bitcoin. Bridging Charles’s vision with blockchain innovation must also tackle these systemic issues head-on, ensuring that technology serves the community rather than exacerbating financial inequalities.

In the DeFi space, potential exists to reimagine how we perceive value, paving the way for a more collaborative economy. Charles’s critique encourages individuals to question traditional frameworks, creating a cultural shift that can resonate through crypto movements.

Broader Implications and Future Outlook

The implications of Charles’s insights extend far beyond individual choice; they resonate with the urgent need for a systemic overhaul in our conceptualization of wealth and community. As we move into the future, several trends emerge:

  1. A Shift Toward Ecological Economics: The growing awareness of ecological limits might redirect economic principles towards sustainability, promoting resilience through regenerative practices. Encouraging community-centered models over extractive capitalism offers hope for a balanced existence with our planet.

  2. Growing Interest in Alternative Models: Cryptocurrencies and decentralized systems are gaining traction as people seek alternatives to traditional banking. With economic instability, the interest in community-driven projects will likely proliferate, asking us all to consider how we can contribute positively to our environments.

  3. Social Movements and Collective Transformation: Movements advocating for social justice, eco-consciousness, and economic integrity are likely to gain momentum amidst crisis and collapse. These movements could serve as catalysts for adopting principles espoused by Charles—emphasizing generosity, connection, and community survival over individual profit.

As we navigate through the complexities of our current systems, we must remain open to envisioning innovative approaches that align with the principles of gift economies and collaborative living. The transformation requires not only personal insights but collective action derived from shared values of compassion and reciprocity.

Personal Commentary and Insights

Reflecting on Charles’s discussion, it’s clear that his holistic view encapsulates a growing sentiment across various disciplines—the yearning for a more interconnected, humane form of economics. Communities today are dealing with not only economic inequalities but also deeper societal distress stemming from isolation and disconnection. In my observations, I’ve witnessed pockets of innovation and creativity in grassroots movements where communities rally together to support one another, creating resilience and mutual support reminiscent of a gift economy.

As someone entrenched in the cryptocurrency space, I resonate deeply with his reflections on how true wealth constitutes more than just a balance sheet; it embodies the relationships we cultivate and the purpose we infuse into our lives. Our technology should further these values. Indeed, if we aspire to a thriving future—one characterized by dignity and connection—we must champion systems that embed generosity into the fabric of our engagements, be they financial or social.

Conclusion

In closing, Charles’s exploration into the redefinition of economics invites us to reconsider our relationship with money and value. Investing in community, redefining wealth, and nurturing relationships offers a pathway to true fulfillment beyond monetary measures. As we envision these transformations, it becomes evident that they align beautifully with the ethos of the CFIRE training program, which advocates for a thoughtful approach to finance, empowerment through cryptocurrency, and principled decision-making connected to broader values.

As we move forward, may we embrace the challenge to reshape our understanding of wealth and community; there lies transformative potential in these ideas, ready to materialize through collective action. Let’s continue this journey together as we delve deeper into our next lesson in the Crypto Is FIRE (CFIRE) training program.

Quotes:

  1. “We were taught it works when a force pushes on a mass. That mindset is itself very deep in the core of the mythology of civilization.”
  2. “What you give is the only thing that cannot be taken.”
  3. “Crisis and collapse are not going to save us. They bear a gift—the opportunity to choose consciously.”

Continue to the next lesson in the Crypto Is FIRE (CFIRE) training program, where we will explore further the interconnectedness of finance, values, and community in shaping our economic futures.

 

 

The Transformative Power of Money: Understanding Economics Beyond Currency

Overview

Welcome to this insightful lesson that dives into the profound relationship we share with money and economics. Today, we’ll explore how traditional economic practices have shifted towards a money-centric model and how this phenomenon relates to the world of cryptocurrencies and blockchain technology. By understanding these dynamics, newcomers will appreciate the importance of integrating community, friendship, and reciprocity within both traditional and digital economies.

Core Concepts

Here are some essential terms that will be referenced throughout this lesson, each with pertinent meanings in both traditional finance and the crypto world:

  1. Economics: Traditionally defined as the study of production, distribution, and consumption of goods; in the crypto context, it emphasizes decentralized economies and peer-driven transactions.

  2. Gift Economy: A system where goods and services are given freely and without direct compensation. In crypto, we can observe similar principles in community-driven projects that prioritize contribution over profit.

  3. Interest-Bearing Debt: A traditional method of lending where borrowed money incurs interest. In crypto, decentralized finance (DeFi) often challenges this model through lending platforms that utilize smart contracts to create more equitable systems.

  4. Monetization: The process of turning aspects of life or community interactions into goods and services that are bought and sold. In the crypto realm, tokenization serves as a modern tool for monetizing various forms of value.

  5. Community Resilience: This refers to a community’s ability to withstand economic changes and disasters. In the crypto world, decentralized communities help foster resilience through collective action and shared resources.

  6. Fiat Currency: Government-issued currency with value derived from trust, as opposed to a physical commodity like gold. Cryptocurrencies, such as Bitcoin, represent a new form of currency whose value comes from consensus and utility.

  7. Sustainability: In traditional economics, this often pertains to economic growth without environmental degradation; in the crypto context, it relates to building eco-friendly projects that prioritize sustainable practices.

Understanding these concepts will equip newcomers with the necessary tools to navigate both traditional finance and the emerging world of cryptocurrencies.

Key Sections

1. The Historical Shift: From Community to Currency

  • Key Points:

    • The essence of economics has moved from communal sharing to monetization.
    • Historically, many activities, from childcare to entertainment, weren’t inherently transactional.
    • Modern society sees increased reliance on paid services for roles previously fulfilled by community interactions.
  • Detailed Explanation: The historical context emphasizes that economics was not always synonymous with money. In the past, human relationships thrived through informal networks where items and services were exchanged without the expectation of payment. As economies grew, so did the integration of money into everyday life, pushing community interactions into paid structures.

  • Parallels in Crypto: The rise of decentralized finance (DeFi) platforms aims to restore some aspects of the gift economy. Projects like Ethereum allow for the collaboration between individuals without transactional intermediaries, keeping the community at the forefront.

Crypto Connection

  • Platforms such as Etherisc illustrate this connection by offering decentralized insurance without traditional profit motives. They operate on mutual aid and community contributions rather than purely financial transactions.

2. The Musical Chairs Example: Competition and Scarcity

  • Key Points:

    • An economic system can mirror a game of musical chairs where there are more players than resources.
    • Competition arises from the artificial scarcity created by systems relying on interest-bearing debt.
  • Detailed Explanation: Imagine a game of musical chairs; 50 players and only 45 chairs. The outcome is not just about winning but the implications of competition for resources that lead to broader societal consequences—like losing homes and security. This analogy illustrates the precarious nature of modern economies and highlights the irrational scramble for limited resources.

  • Parallels in Crypto: Cryptocurrencies face similar issues with market cap and liquidity, often leading to fierce competition among investors for limited assets, which can echo the competitive, zero-sum game shown in the musical chairs analogy.

Crypto Connection

  • In the crypto space, protocols like Uniswap exemplify how decentralized exchanges can help alleviate some pressure by allowing users to trade assets without relying on centralized intermediaries, thereby enhancing liquidity and increasing access to ‘chairs.’

3. Gift Economies: Reclaiming Relationships

  • Key Points:

    • The concept of a gift economy contrasts sharply with modern economic practices focused solely on profit.
    • Community involvement and strength can significantly impact the perceived scarcity of resources.
  • Detailed Explanation: The gift economy emphasizes how value can be created without monetary exchange. This results in stronger community ties and a sense of belonging, which can lead to greater happiness and fulfillment. This concept challenges the current economic narrative that equates worth with wealth accumulation.

  • Parallels in Crypto: Many blockchain projects promote collaboration, community input, and shared rewards. For example, projects like Gitcoin raise funds through community contributions rather than traditional funding routes, thereby embodying the spirit of a gift economy.

Crypto Connection

  • Initiatives like OpenBazaar allow users to sell goods and services directly to one another, reinforcing these values within crypto, fostering a community-building approach as opposed to mere financial transactions.

4. The Psychological Impact of Money

  • Key Points:

    • Money can serve as a means of control and domination over society.
    • Economic crises can provoke reflective change, revealing what is truly valuable.
  • Detailed Explanation: The psychological dimensions of money play a significant role in shaping our relationships and societal structures. By fostering competition and individualism, traditional monetary systems often distort values, disconnecting people from community roles and reinforcing economic hierarchies.

  • Parallels in Crypto: The transparency of blockchain technology offers a counterpoint to opaque financial systems. This transparency invites individuals to reconsider their roles and relationships with money, cultivating a more collaborative economy.

Crypto Connection

  • Decentralized autonomous organizations (DAOs) provide an innovative take on governance and shared resources, encouraging participation and eliminating the need for hierarchical decision-making.

The Crypto Perspective

In understanding how traditional finance concepts apply to the crypto world, one can delineate clear paths of cooperation and community versus competition and scarcity. This adaptation highlights the evolution of economy from transactional to relational, inviting exploration of how future cryptocurrencies could mirror these communal values.

Examples

While there may not have been explicit charts or graphs referenced in this discussion, one might visualize the shift from community reliance to monetary dependency. This can be enhanced in crypto by mapping the growth of DeFi against traditional finance metrics, illustrating resilience in the crypto space amidst financial turmoil.

Real-World Applications

Historically, many societies thrived without money to meet their needs; they relied on communal support and goodwill, drawing parallels to how blockchain technology can facilitate this communal approach today. The sustained interest in community-run projects signifies a shift towards recognizing the importance of relationships over pure monetary gain.

Cause and Effect Relationships

The shift towards a debt-oriented economy inevitably leads to increased competition, resulting in social tension and disparities. In digital currencies, these same dynamics can be seen; fluctuations can lead to financial stress but also promote innovation and adaptability in micro-communities.

Challenges and Solutions

The challenges of integrating economic practices into a sustainable framework are abundant. In crypto, misconceptions about decentralized systems being solely unregulated or impractical abound. Yet the biodiversity within blockchain projects demonstrates that innovation fueled by community desire can lead to practical solutions.

Key Takeaways

  1. Broaden Understanding of Economics: Recognize economics extends beyond currency; it’s about relationships.
  2. Value Community: Investing in relationships can yield more profound wealth than financial gains.
  3. Challenge the Competition: Examine how traditional competition affects societal relationships and explore crypto solutions.
  4. Embrace Gift Economies: Consider how engagement in a reciprocal community can fulfill needs.
  5. Recognize the Psychological Impact: Money can both empower and limit; understanding its role can reshape personal choices.
  6. Advocate for Transparency: Support practices that prioritize openness within crypto to promote trust and communal growth.
  7. Foster Generosity: Each act of kindness enriches community resilience and fosters long-term stability.

Discussion Questions and Scenarios

  1. How does the shift from community to currency impact the way we view human relationships?
  2. Compare the role of competition in traditional finance versus the role of collaboration in the crypto world.
  3. What are the potential pitfalls of a gift economy in modern society?
  4. How can decentralized finance act as a safety net during economic crises?
  5. In what ways can community involvement change the landscape of traditional economics?
  6. What parallels can you find in historical communal systems compared to modern blockchain projects?
  7. How can individual action inspire collective change in the broader economic framework?

Additional Resources and Next Steps

To further explore these intricate relationships between community and economics, consider delving into his book:

  • “Sacred Economics” by Charles Eisenstein.

Glossary

  1. Economics: The study of resource allocation, production, and consumption.
  2. Gift Economy: A non-monetary based system focused on mutual giving and support.
  3. Interest-Bearing Debt: Debt where interest is charged, promoting financial growth through competition.
  4. Monetization: The process of creating economic value from non-traditional sources.
  5. Community Resilience: The ability of a community to thrive despite economic challenges.
  6. Fiat Currency: Traditional currency backed by government trust rather than physical commodity.
  7. Sustainability: Practices aimed at maintaining resources without depleting them for future generations.

As you continue your journey in the Crypto is FIRE (CFIRE) training program, remember that you hold the power to shape not just your financial future but also your community through informed choices and inspired action! Embrace the challenge as you step forward to explore the next lesson!

 

 

Read Video Transcript

Sacred Economics, The Stand

https://www.youtube.com/watch?v=dy_8ZGq-FSE
Transcript:
 Yeah, all right. We’ve been sitting for a while and so I’m wondering like is what  people need now like a lecture? How about a nice lecture everybody? Would you like  a lecture? But I’m not really quite sure what else to do. I mean I could do like  my little dance you know and entertain you for a while or we could all do that.
 But maybe I’ll say some things,  and then maybe something else will happen.  Yeah.  You could lecture for a long time.  Yeah, all right.  I was appreciating some of those slides.  And as I was watching Aaron’s presentation,  I was thinking of what I might want to say.  And I thought I’d pick up on the theme of money,  which also came up in some of the…
 I mean, usually when people talk about economics,  they’re talking about money,  which already is part of the problem. Originally, the word economics was a lot broader than  money. Really what it is about, it’s the way, well, to go back to the root oikos,  the ways of keeping home, the ways of taking care of each other, or you could say  the ways that human beings connect gifts and needs, the ways that human beings coordinate  labor and creativity and make collective decisions about what to create,  how to use resources, and how to relate
 to the human and other than human world.  All of that should go under economics.  It’s understandable why economics has come to mean the study of money.  Because all of those things I have named  are being subsumed underneath the money umbrella.  Even in my own lifetime, there’s a lot of human activity, a lot of relationships that have  become monetized that were not when I was a child and certainly not when my father was a child.
 Like, for example, things like, well, child care. We rarely paid for that when I was a kid.  child care. We rarely paid for that. When I was a kid, like it was a rarity that you would send your kid to pre-K. There wasn’t such thing as pre-K because people, not only like housewives  watching the kids, but the neighborhood kind of watched the kids. There was always something to do.
 You’d go outside and you’d play with other kids. Play was not something you purchased. Childcare was not something you purchased.  Cooking was not something you purchased. If you go back another generation,  entertainment was usually not something you purchased.  My father tells when he was a kid, this is the 1940s, every Sunday afternoon, the whole  neighborhood would get together.
 People would have guitars.  They would sing folk songs.  Where was that?  That’s awesome.  Yeah.  And this was not in like, you know, like hippie village.  This was in like a normal American suburb in St. Louis.  Like this was normal for human beings.  in St. Louis. Like this was normal for human beings.  So all of those things and many, many more  have become, have migrated into the money realm.
 And that means that the economy grows.  Anytime that you do something for somebody  and you’re not getting paid,  then that does not count as part of the economy.  But if you pay for it, like if I say you babysit somebody’s kids and they don’t pay you, but  then they have you over for dinner and you don’t pay them for dinner.
 No, that is not considered an economic good and service by an economist.  It’s only an economic good and service by an economist. It’s only an economic good and service  if you go to a restaurant, if you pay a professional babysitter. So here we have more and more of human  activity entering into the monetized realm to the point where you can have like a close friend.
 And I mean, I’ve had this this experience like I have a friend who does  like a certain amount of relationship counseling you know but she’s kind of  thinking of getting into that you know she’s not like a professional and like  like this is years ago you know and I call her up you know and get her advice  and she’s like okay I’m creating a program you know and like all of a sudden  she wants me to pay for that pray pay for it. Like this is, even friendship migrates into the monetized realm.
 It’s called life coach. The functions, like the function, the function that was once served by  wise elders, by wise uncles, by wise grandmothers, by shamans, you know, like that function has also become monetized.  So when you look at statistics like you were showing about the percentage of the world that  lives on less than $10 a day, less than $5 a day, less than $1 a day, how is that possible?  Like, could you live on less than $5 a day? Gosh, those people must be miserable, huh?  It’s possible because they still live to some extent in a gift economy.
 They source what they need without money.  They don’t pay for childcare.  They don’t pay for insurance.  Because if your house burns down,  then people get together and help you build a new one.  You don’t pay for movies and things to download on your device.  There’s things happening in the village.  You don’t pay for many of the things,  and so of course you can live on less than $5 a day.
 Are you 100 times more miserable than somebody who lives on $500 a day?  Probably not.  Because where do you find the happiest people on earth?  Is it in the Hamptons?  Or is it in a remote village in Bangladesh?  Or among the Cairo?  Or like pretty much anywhere if you’ve traveled the world, you know.  Even in places where there is like genuine like destitution.
 Like where people are food insecure.  Still. Like where people are food insecure. Still, they, generally speaking, they seem a lot happier.  Sometimes because they have community, because they have relationships to place,  to people, to place, to community, to nature, to the soil, to the water, to the features of the land.
 They have a name for everything that they see. And it’s not just a name. It’s not just like you go to your botany app  and you can name and memorize the names of these plants. They have a relationship with those plants.  Maybe they use it for medicine. Maybe they use it for food. Maybe they use it to make stuff.
 Maybe they have a story about that particular hill  where something happened to my aunt. And so everything is woven together. That’s called  wealth. When we don’t have that, then we need money to at least get some compensation for what has been lost.  So how has this happened?  Maybe I’ll tell you a little story here.
 I think this is what I’m going to offer for your book.  It’s a game of musical chairs. Okay?  So, I mean, you can imagine us getting together and playing a game of musical chairs.  You know how, how you play.  The music plays, and there’s, there’s, how many people here?  50 people, but only 45 chairs are set up.
 And so when the music turns off, then everybody rushes for a chair, and if you’re without a chair, then you lose and you’re out of the game.  Okay.  So once upon a time, there was a big game of musical chairs like this.  And they made it more interesting though.  Hundreds of people, but a few less chairs than that.
 5% less chairs.  But if you miss a chair, if you don’t get a chair,  not only are you out of the game,  but you lose your house,  and you can’t feed your kid,  and you don’t get medical care.  All right?  Make the game interesting.  Okay?  And then, so the music stops,  and everybody goes for the chair,  and you see people pushing and elbowing and shoving and just this free-for-all because people are desperate to get a chair.
 And maybe a few altruistic souls forego their chair and let the pregnant mother have the chair instead.  Those are the altruistic exceptions to the general rule of human nature. And watching this melee is a committee consisting of an economist,  a politician, who else should we add in there? A priest.
 How about a priest? Well, that’ll count  as the economist. There’s some viewers, you know, and a biologist. Let’s say that too.  some viewers, you know, and a biologist.  Let’s say that too.  And the economist says, look at that.  Human nature maximizing rational self-interest,  that proves it.  And the biologist says, yep, that’s what it is.  Just like in nature, maximizing reproductive self-interest,  red in tooth and claw.
 And the politician says, yeah,  lucky thing they have us around to keep order.  Otherwise, they tear themselves apart.  We make some rules, at least, that they can’t kill each other for the chairs.  And the priest says, yeah, you know what? I’m going to go in there and convince them to be nicer to each other.
 Instill some morality.  What nobody is asking and what we have to ask  is why, who decided that there were going to be less chairs  than there are people and this translates into the debt question because if you haven’t noticed  our current economy looks very much like that game of musical chairs  and it doesn’t matter how yeah i mean you can be a nice person and forego your chair and be  really generous and support others and not try to exploit them but then you end up without a chair  you end up without the ability to make a living to pay for food to pay for all the
 things that are no longer provided by a gift economy. So this obviously does not serve the  people who are left out, does not serve the people who are desperately striving to keep their heads  above water and make their debt payments. And ironically, it doesn’t even serve the people at the top of the pyramid.
 They get a substitute for real wealth.  If that’s all there is, then yeah, you’re better off at the top of the pyramid than at the bottom.  But does it have to be a pyramid?  What happens if you organize the game differently?  What if you have an equal number of chairs as people?  Then there’s still maybe some competition.
 Maybe some of the chairs are more comfortable  for some people than others.  Some are higher.  Some are good for people with long legs.  People like different chairs.  There’s some trade.  There might still be some competition,  but it won’t be baked into the rules of the game like it is now.  And it’s simply because of the way that money is created  as interest-bearing debt, which means, as I think you were saying,  means there’s always more money than there is debt  because it’s lent into existence.
 More debt than money. There’s always more money than there is debt because it’s lent into existence.  More debt than money, that’s what I said.  We got it. More debt than there is money.  And I don’t know, it feels like a bit too luxury  to explain that.  People used to have no idea and now it’s pretty well known  how money is created, so I’m not going to really bother  to go through that whole process.
 But basically what it means is that we’re always  in competition with each other for never enough money.  So I’d like to talk about reversing that.  And also to make it maybe appropriate,  like relevant on a local level,  not just on a systems level.  On a systems level,  I mean, we could talk about negative interest systems.
 We could talk about other monetary systems  that are not created as interest-bearing debt.  And that gets, there’s like all kinds of details  that are not interesting to everybody here.  So I’m probably not going to talk about them a lot.  But for negative interest systems, there’s a problem with centralized control.
 And anyway, it’s a rather long discussion. But I do want to talk about reversing this progression of life into money,  of relationships into services, and of nature into products  that has been going on for a very long time.  And I’ll relate that to the game of musical chairs.  And I’ll relate that to the game of musical chairs.
 Because money is lent into existence.  If I’m a bank, who am I going to lend money to?  Am I going to lend it to Josie, who wants to start a revolution roll call?  And I’m like, okay, that sounds beautiful, Josie. So you want $500,000.
 What’s your business plan to pay me back? Are you going to be charging people a lot  of money for a revolution roll call? It sounds great, but how are you going to pay me back?  Don’t have a business plan. Okay. Sorry. I guess I really can’t lend you that money,  even though I’d like to, because the bank has got to make a profit. I’m in competition with  other banks and there’s regulators looking over my shoulder, et cetera, et cetera.
 And ultimately  it goes down to we’re all competing. Like maybe you have a business plan,  which is, you know, like there’s this wetlands out there and I’m going to pave it over and build  a strip mall. And I’m like, let me see your business plan. And you show me the numbers. I’m  like, yeah, that looks pretty good. There’s money in that. And you’re like, maybe you’re’m like, let me see your business plan. And you show me the numbers. I’m like, yeah, that looks pretty good.
 There’s money in that.  And you’re like, maybe you’re even like, you know, Charles, I really don’t want to do that.  But, you know, my other business plan didn’t get a loan.  So here we are.  And so, OK, so basically here’s the general principle.  Here’s the general principle.  I, the bank, or really the entire financial system in aggregate,  will lend money to those investments that are going to be able to pay them back,  that are going to be able to generate even more money.
 And that’s how the whole system works.  More and more money has to be lent into existence to pay back the interest on the previously lent money,  which means the economy has to grow  and grow and grow forever.  The economy has to grow forever,  otherwise it stops working.  And when it stops working, you get defaults,  you get depression, you get economic depression,  you get layoffs, you get investment freezing up.
 So the government is under huge pressure  to maintain a positive rate of return on capital.  They set up the whole system to facilitate  people like me lending money to people like Greg.  Yeah.  Yeah.  And so… Yeah.  And so, so,  so that’s how the game of musical chairs is related to endless growth.  And that is why over the course of my lifetime,  more and more has entered the money realm.
 has entered the money realm. And now we have a chance to go the other direction.  To reclaim life from money. And that part of that is on a systems level.  Like all those beautiful organizations that Aaron showed us,  they’re kind of going against the current.  Not everybody can do that in the current system.
 A systems change is necessary too.  However, what these companies and organizations  and individuals are doing is they’re creating a template  for a different kind of economy.  And they’re normalizing a different way of thinking.  And they’re creating relationships that will,  that are kind of on the margins of the dominant system now, but if and when  the dominant system freezes up and collapses, or there’s a moment of crisis where we awaken  to the choice that is actually inherent in our systems that we have been blind to,
 then we have the seed of something new.  we have the seed of something new.  And so I see in Boulder, just from, you know,  I’ve had a bunch of visits here, you know,  and I know that there’s a lot of that actually going on.  People rebuilding structures of reciprocity,  rebuilding systems of gift, rebuilding community,  people who in one way or another are doing things for each other and it’s not because they’re being paid to.
 This is a form, you could even call it a form of investment called generosity, which is the, well, two elements, one of the two elements of gift  economy.  One element is generosity, the other element is gratitude.  Yeah.  Yeah.  One time I was speaking at an economics conference.  Obviously, it was not a mainstream one.
 And the speaker before me… God, I haven’t told this story for a long time.  I don’t talk about sacred economics that much anymore  because I wrote that book quite a long time ago.  But anyways, the speaker before me was talking about  the delusion of what he called fiat currency  and the necessity to move to gold.
 And he said it’s all gonna fall apart  and you better have physical gold.  And okay, for one thing,  I’m gonna detour from  my detour here. Like there’s nothing wrong with fiat currency. What fiat means is to declare  something into existence. And money fundamentally is a declaration.
 It is an agreement among human  beings. It is a story of value. Even gold actually has value because people agree that it has value.  I mean, yeah, it’s kind of useful. You can make pretty things out of it. It’s good for electronics,  you know. But if it were that useful, then it would not be the case that two-thirds of all  the gold ever mined is sitting in vaults, dug with intense effort from one hole in the ground and put in another hole in the ground.
 And it’s economically, I mean, environmentally devastating.  Gold mining.  Yeah, it’s insane.  Anyway, so there’s nothing wrong with fiat.  And in fact, we have to embrace,  actually embrace the social and political dimension of money.  It is about human agreement.  We cannot escape that and export that onto an algorithm. And I’m not saying that I’m not actually against cryptocurrency.
 I’m just saying that those politics then just take a step backward and they’re embodied in  the algorithm itself. Who decides what algorithm to use? Who decides who gets to create money?  That is a sacred function. The creation. That is a sacred function.  The creation of money is a sacred function.  In every society, ancient societies,  it was the king or the temple that created money.
 And so today it is the Federal Reserve that creates money.  That can be questioned.  But we have to remember that it is a sacred function.  Anyway, so I got up and I gave my talk.  And one of the questions was, well, Charles, what do you think about gold?  Don’t you think that we should have some physical gold in case of economic collapse?  And I said, if there’s a collapse to that degree where even the dollar is worthless,  probably the most dangerous thing you could do  is have large amounts of physical gold.
 Because men with guns will come and take your gold.  And unless you’re gonna,  like unless you aspire to be a  warlord, you know,  and, like, hire lots of  guys with guns, you know, and pay them and  prevent them from, like, taking the gold,  you know, and having some system of control, like,  I don’t know, maybe some of us are cut out to be a warlord here.
 But, like, most people  probably don’t have that particular skill  set.  So…  Yeah. So, okay. So there are guys who do that,  but generally speaking, you know, men with guns will come and take your gold. You don’t want to  have a lot of gold.
 What do you want? What, what survives collapse? What survives crisis?  collapse. What survives crisis?  Yeah. Community. Yeah. People will come to your bunker and take all your stuff, you know?  Like, and even if they don’t, even if you have your AR-47s and you’re like protecting it all,  what kind of life is that? That kind of sucks. So as I said, the best investment you can make is generosity.
 Because whatever you give to the community,  and you generate that goodwill,  and you generate those structures  of taking care of each other,  that is an investment.  That is a savings account that fires cannot burn  and thieves cannot steal.  What you give is the only thing that cannot be taken.  When through a transition in state.
 And that’s actually even true through the death process.  It’s the same.  The same basic energetic configuration.  There you are in your deathbed and you can’t take any of it with you, can you?  Can’t take your money, can’t take your possessions, you can’t take your reputation.  You know, wherever you’re going, no one remembers what you did here.
 You know,  you can’t take anything with you. What do you think about in those times? What  is in the world and cannot be lost? It’s what you’ve given to the world. And at some point in  their lives, everybody realizes this. And as death approaches, that realization becomes  that realization becomes more and more lucid.
 And you see, at least in a society with healthy transitions to elderhood,  you see that is what elderhood is.  It’s an elder, somebody who knows they’re going to die,  and has really taken that in.  And they become very generous.  They’re not ambitious anymore.  And so there you are in your deathbed and everything that you’ve given, that is, that’s where your joy is.
 And in some sense, then you could have, you know, teachings of heaven or karma  or something where, where in fact you do kind of take it into the next existence. But anyway,  if we are facing a time of turbulence, and I think we are,  where everything that had seemed reliable is proven to be a mirage,  and it can happen. You know, wealth can evaporate overnight.  Or it can be confiscated,  can disappear in many ways,  then what do you have?  How do you be resilient in coming times?  It’s a kind of a paradox.
 That question might come from self-interest.  How do I protect myself in coming times?  But the answer is that it can’t be just about myself.  It’s the community that I forge.  And community is built from two elements,  from gift and from story.  and I would like to see this realization take hold,  just as it does in a person approaching death,  where you understand now what’s important.
 I would like it to take hold in a civilization and in a society that is also in a death process.  And I’m not saying that civilization is going to go extinct,  but it’s a metamorphosis.  What is ending is society as we know it, potentially.  It’s actually to think that it was inevitable  that we would transition to a more beautiful world  because the crises would converge and birth us into a new world through a process of collapse  and rebirth, like a birth process, expulsion from the womb. And now I come to think that it’s more of a series of choices of intensifying severity of conditions where it’s like an addict
 on the downward spiral. When does he hit bottom? For one person, it might be when his wife runs  out, leaves him. For another person, it might be when he gets sent to prison. For another person,  you know, it might be like not until he  ends up in the hospital.
 And for some people, they’re still smoking cigarettes through their  tracheostomy tube. You know, that’s how addicted they are. Like where do you hit bottom? Like  there’s a series of choices here. So what I can say, I cannot, I will not say that crisis and collapse are going to save us.  Save us from what? Save us from our choice? Save us from our agency? No.
 But they have a,  they bear a gift. And the gift is that they illuminate choice. They give us an opportunity  to choose consciously, to say, wow, we’ve been going in  this direction blindly, this direction of phony wealth, this direction of monetization,  this direction of domination of nature.
 And we were blind to it, but now we see, and we have an opportunity to take a  different direction. And so this is the significance of the work of a lot of people in this room.  You’re showing what that alternative choice could be by example, what it could be for agriculture.  When the crisis lands and there’s this moment of this is not working,  there’s something else that has been developed on the margins and that is now ready.
 that has been developed on the margins, and that is now ready.  And you could say the same thing about education,  the same thing about healthcare.  I’m sure many people in this room are creating the seeds of a future world.  These are elements of a different timeline than the one that we are on that shows itself into our timeline. And I would also say maybe that, in a way, money has served us well.
 Money as we know it.  Money as created by interest bearing debt, generating competition, compelling growth.  It has suited humanity in a growth phase.  And we’ve been, as a civilization, we’ve been like children,  growing up, developing our gifts, taking from the mother,  which is normal for a child to take without question from the mother.
 That time is or should be ending.  And we’re understanding that now.  We’re understanding that there’s a limit to what we can take  if we want to have a living planet.  I don’t think ecological collapse is going to save us either, though.  The future that I’m afraid of is not one where  we destroy the environment and we go extinct.
 That’s not as bad as what I’m afraid of,  which is that we destroy the environment  and we don’t go extinct.  And we have, we live on an entire planet  that’s been made into one big toxic waste dump and parking lot  with almost nothing alive and and  growing all our food in factories and hydroponics farms  lab lab grown meat know, like precision fermentation,  carbon capture machines to modulate the atmosphere,  you know, spraying, bleaching the sky white with sulfur aerosols and aluminum particles.
 I mean, these experiments are already happening, actually.  Everything I’m saying is underway.  I mean, you think that we just would not accept a dead planet?  Well, guess what?  We’re already two-thirds of the way there.  Do you guys know about the insect apocalypse?  Yep.  You know?  Like, somewhere, depending on the place,  80 to 94% of insects are gone.
 You don’t see bug splatter on the windshield anymore, do you?  What happened?  I haven’t seen that in about a decade or more.  Yeah.  I mean, it used to be like you’d have to have, like, you’d have to have your windshield wipers on sometimes. I remember. you? What happened? I haven’t seen that in about a decade or more. Yeah.
 I mean, it used to be like,  you’d have to have like,  you’d have to have your windshield wipers on sometimes.  I remember.  Yeah.  What happened to that?  You know?  So we’re already like 80 or 90% of the way there.  If we’re going to change,  it isn’t going to be because we’re finally forced to change.  That would have already happened.
 It’s already bad.  It has to be a choice.  A choice of what? A choice that we’re going to live on a living planet. We’re going to devote our society to beauty instead of growth. To cooperation instead of domination. It’s a choice.  And that choice lands on us personally every day.
 And through the personal choices we make every day,  we issue a declaration to God, a prayer that says,  here is what I want.  Here is what I’m praying for and I’m proving it by my choice.  We’re making a statement about human nature.  Here is the choice a human being does  when there is a choice between  life and control, between life and safety, between  gift and domination.
 Here’s the choice a human being makes and each one of those choices  generates a morphic field and the same choices start happening everywhere else.  So it’s a choice.  And I guess I want to, you know, and this is something like so like obviously here this is what you might call a spiritual dimension to economics.  Obviously here, this is what you might call a spiritual dimension to economics.
 Like, yeah, your individual choice, there’s no rational pathway by which that’s going to change the entire system.  But for sure, if you do not make that choice, what hope do you have that those in power will make the equivalent choice?  Or anybody will make that choice if you’re not making it.  And that’s why I like to say that cowardice births despair.
 So we see that there’s a spiritual dimension to the economic question, which is kind of obvious, right? Like we look at the economic crisis and we know that this isn’t just like some technical tweak that we can make to fix the problem.  This crisis goes all the way down to the bottom of what it is to be human in our time.
 down to the bottom of what it is to be human in our time. And what we are called to do is to launch a different kind of human beingness than what we have been brought up in. A different relationship  to each other, a different relationship to the world, a relationship where it’s not just taking  from the mother anymore because we’ve fallen in love.
 And this is a mature love  relationship that we are being invited into. Again, we’re not going to be forced into love.  We’re not going to be scared into love. We’re not going to be bribed into love. We’re not going to  be threatened into love.
 And that’s some of the biggest strategic and rhetorical errors of the environmental movement  to try to bribe and threaten people into love no that’s not how it works it’s a choice and the  choice is not just to take but to give also to co-create. That’s what mature love is. And so we don’t just strip from the soil.  We know that we, and it’s not just like a self-interested calculation that if I  enrich the soil and build the soil, that it’ll be good for me too. It’s, I love the soil.
 too. It’s, I love the soil. I’m a partner with the soil. I love the worms. I love the biodiversity.  I feel at home again. I feel wealthy again because I’m in relationship to all these beings.  It’s not just a medium for growth. It is a community and I’m part of that community.  That’s what we want. That’s the choice that we face. And that’s soil.
 And you could talk about that in many, many other realms.  So I’ll leave it up to each of you to  sense the presence of that choice in your own lives.  And I don’t want this to be like an exhortation to start choosing.  choosing.
 No, like, no, it’s more like first a moment of like inner celebration and acknowledgement for like the choices that you’ve already made that are in service to a more beautiful world,  that are in service to life, that are coming from love of this beautiful planet. And to know that none of those choices were in vain, even if your campaign failed in its objective to stop fracking or something like that.  It still made a statement.  It still created a morphic field.  And so to celebrate the choices that you have made and then also to nod to that part of you that is ready and willing to continue making such choices and to bring them to new areas of your life where they have not been active before. And acknowledging that readiness starts a process in motion where you don’t have
 to force yourself to do it. This is not another arena for domination, inner domination, a war on  the self that reflects the war on nature. You know, you see like the ways of the old story are very subtle. They  come out even sometimes in our efforts to build a life in a new story.  So yeah, thank you for  honoring me with this invitation and with your attention.
 Thank you.  That was beautiful. Thank you.  I like the invitation.  In my mind, right before you said it, I said, it’s an invitation.  You make a choice.  More and more of us are choosing.  Yeah. And one way to help that choice along is to know,  it’s the opposite of what the economist, biologist,  politician and priest thought about the people playing musical chairs,  that they’re in it for themselves and so forth.
 It’s to actually be able to relate to other people  and know that they want to make that choice.  And maybe it’s hard.  Maybe they’re scared.  Maybe they have other habits.  Maybe they’ve been indoctrinated in ways  that make that choice seem naive or irresponsible.  But if you can hold that knowing  that I know who you really are,  you’re somebody who’s here for the same reason I am.
 We’re here in service to life.  I know you.  And I will remind you.  And I will create opportunities for you to exercise that choice.  Then we become powerful.  That’s a totally different kind of leadership than control-based leadership.  Yeah, I was pointing to you.  Okay, cool.  Yeah.  My name is Lucia.  Thank you for a great talk.
 If you could speak up, that would be great.  Oh, that was me speaking very loudly.  My name is Lucia.  Thank you for a great talk. What do you think of the role of carbon markets  as a mechanism for incentivizing more people to regenerate nature at our current moment?  I think carbon markets are very limited in the benefit that they can have and often they have  a perverse effect. They make things worse.
 a perverse effect.  They make things worse.  Because the main thing is there’s a lot more to ecology  than carbon.  Earth is alive.  And when we destroy her organs,  we destroy the planet’s ability to maintain a healthy climate, a stable climate.  And so like a lot of what happens now in the name of reducing carbon emissions is to destroy ecosystems through a vast expansion of mining for the materials to make wind turbines and batteries.
 They’re chopping down forests.  And, yeah.  Did you see in Scotland?  They chopped it down like tens of thousands of trees.  You’re like, what?  Yeah.  Yeah, I…  What?  Right.  Yeah, I met a woman.  She was Romanian.  And she, like, was…  She, like, you know, grew up in Romania,  then, you know, lived in the U.S.
,  and then went back to Romania to, like, visit, you know grew up in Romania then went then you know lived in the U.S. and then went  back to Romania to like visit you know to like she became curious about her ancestry you know  visited her grandmother and like Romania has like some of the only old growth forests in Europe  and the logging truck after logging truck after logging truck, destroying the entire thing.
 It just broke her heart.  And then she tried to find out where are they going?  They were going to wood chipping factories to make pellets to feed to converted coal-powered power plants  that then got carbon credits.  And so like, what’s the problem here?  The problem is when we try,  when we imagine that we can measure,  assign a metric, a single quantity to ecological health  and then monetize that metric,  then we’re going to run into all kinds of problems like that  because the people who design the metrics are going to be the same people who profit from them.
 And we have to understand that nature is sacred.  And we cannot simply value it by its carbon sequestration capacity.  Now, that said, there are people who can kind of game the system  and get funding to do really great stuff using  carbon markets and carbon credits.
 So like, you know, I’m not gonna say don’t sully your hands with you know  engaging the  mainstream system, you know, like I think there’s good arguments to be made for working in the system working outside the system like  So I think there’s good arguments to be made for working in the system, working outside the system.  It’s not cut and dried.  And so some people are really doing good things,  like funding regenerative agriculture,  building soil, getting carbon credits for that.
 But then there’s the people who are gaming the system,  like planting fast-growing trees  that get carbon credits really fast,  but then deplete the groundwater and create a desert.  And the soil.  And the soil, yeah.  So, yeah.  Yeah?  So, Charles, I’m curious here.  There’s, I think, more and more people are aware  of the stressors on our planet and our society  and for their own children and their own lives, right?  So there’s a lot of wealth generated by this system.
 Can you imagine, how would you imagine, how could you imagine some of that wealth  being channeled to accelerate, to fertilize things embedded  more in the gift of what you’re talking about?  Or is the shadow of it so big that it  can’t actually work that way?  You can’t use top-down money to foster?  CHRISTOPHER COTTEN- Oh, you definitely can.
 OK.  So how could you imagine that happening? CHRISTOPHER COTTEN- The fallacy would be to say, I’m going to make lots and lots of money so I? Oh, you definitely can. Okay. So how can you imagine that happening?  The fallacy would be to say,  I’m going to make lots and lots of money  so I can give it away.
 Yeah.  That’s robbing Peter to pay Paul.  Yeah.  But a lot of people,  like they have inherited vast quantities of money  from their ancestors  or from an earlier time in their life.  And then they have a change of heart.  And those people are crucial, I think, to the transition.  Because they can fund an awful lot of beautiful work.
 So what would you want them to be, like other specific principles or things that you want to be funding, especially around the gift and we get into the sacred economics?  Yeah, there’s,  what I would like to see,  and this actually has difficulty fitting into like  tax law and stuff like that  and the laws around philanthropy,  but just to like directly fund people  who are working in the field,  who are reintroducing beavers,  and not only not getting paid for it,  but using their own money to support their hobby of ecosystem restoration.
 People who are doing social and environmental repair.  And incredible work and and they’re like  they’re not applying for grants they’re too busy actually doing stuff like all the best projects are on a shoestring because they don’t have grant writers and they’re not on the radar of  philanthropists and sometimes they don’t even fit into philanthropic paradigms. So they don’t have the 501c3.
 Right, the 501c3, you know, they don’t have an organization of that scale.  But I’m not going to say, like, here’s the one thing that should be funded.  It’s very much about relationship.  The thing that should be funded is the thing that moves you.  You know, it’s the thing that gets under your skin.  It’s the thing that you’re not just it’s the thing that that that you’re not  just throwing money at it but you have a relationship yeah yeah yeah um one thing when i think about like  the choice right i like crave if there was just one choice to make but unfortunately there’s like
 a million possible choices and i’m curious specifically about how you think about making choices that are trying to do good within the system.  And when I say the system, I mean the monetary system versus ones without.  So it’s like you could use your current capital to remove yourself from the money economy in the sense,  turn that into resources, turn that into generosity, and community with that.
 to have the resources to amount to generosity and yeah community with that or you could look for a way to invest it in a systemic thing that’s operating within the monetary system that’s  hopefully going to change things at a higher level how do you think about those types of options  it’s very practical you you you gather as much information as you can and then  gather as much information as you can,  and then you choose based not on that information at all,  but based on the alchemical effect that information has when you take it in.
 And it forms your perceptions and your care,  and the relationships that you develop. and then something is inspiring to you you your rational mind may be able to say yes the reason that is inspiring is because  i understand the um uh hydrological effects of healthy forests, and therefore I’m excited about this project to restore, you know, forest watersheds.
 Okay, maybe, but maybe what inspires you and excites you and moves your care is something that your rational mind cannot say why it’s important.  But you trust that once that information feeds in and you’re open to seeing things that maybe you  had been blind to before, like it’s that kind of humility actually that creates the conditions for  you to make wise choices that then lead to a fulfilled life. Yeah. So it’s really a body function. Yeah. I’m getting kind of tired, guys.
 And I think a lot of people are also.  So maybe one or two more or something.  Yeah, I just want to add here when I hear you speaking about,  like I was imagining these musical chairs.  And I was imagining what happens if actually we decided to stack them all  together or where we pick a pyramid out of them or when we decide actually don’t  want to sit anyway yeah and we don’t want to play the game and you alluded to  some of the mystery works and like I wanted to say that Charles is speaking  tomorrow some of you have tickets and we will have a live stream
 and reporting on themysteryworks.com.  You mentioned Revolutionary Call.  Do you mind if I speak to this?  Please.  That, as it’s called, the mystery works.  There’s a way that life’s intelligence  is animating us in ways that the system  doesn’t really understand,  that has this action quite unpredictable,  where the intelligence isn’t artificial but quite real,  and quite relational.
 And some of the core function of revolution and roll call  and the mystery works is actually an animation  of a seed long planted by Charles, actually,  not far from here at the Integral Center,  and that was the thing,  that there is a more beautiful way.  And of course every part of us says,  yeah of course, of course.
 But to actually have the courage to create that world,  like you’re saying, is in relationship,  is in love, is in the re-cadence,  is in actually making family again  so that we can create our own substrate, actually soil,  for life to do that inoculation thing she does,  that inoculation, where actually there’s  really mysterious forces that are actually  in support of the kind of work that saves life  and that regenerates it.
 And so in the spirit of that work, the mystery works.  And yeah, the revolution is happening in May,  this next year.  And I just want to thank you, Charles,  for speaking to that piece about it’s like what actually  lights you up and trusting like desire is a choice of choice.  And that’s actually how the evolutionary impulse works  is when we’re like, I don’t know why, but I love this.
 I don’t know why, but I give this everything.  And actually trusting that and finding a place where  we can weave that together discovered intelligence that arises only from the imminent collective like the imminence of  the collective so all of you who are doing that work and charles yeah yeah i don’t know why but  i love this that’s that’s that’s’s life speaking. Life knows what to do.
 And we are life.  Like fundamentally, who are you?  Your life.  Your life in this human form.  Yeah.  Yeah, I just want to mention,  I did bring some books.  And Aaron, you have a square square reader you can pay pay whatever price  feels right to you could be the cover price um for for these books mine anyway um could be the  cover price could be um another amount more or less whatever feels good to you in your particular  financial situation um question yeah yeah um first i like to thank you for your time. You’ve really palpable passion in
 how you speak about the specific things you choose, which is really cool to see.  I guess I’d like to know your perspective on what I see to be a problem.  on what I see to be a problem.  I have a lot of respect for the idea of embracing morality on an individual scale and choosing life.  And choosing generosity is something that I think  in your musical chair analogy makes sense for maybe a small number of people.
 And then as societal pressures maybe make a larger number of people understand that  maybe they don’t want to choose a chair anymore, maybe they want to build their chairs into  a pyramid, I think that there is a large number  of those people who are choosing to sit in a chair.  Maybe you don’t have the ability to make that choice.
 And it might be from an economic standpoint.  It might be from the way that they were raised societally.  But I think that from an earth science standpoint,  there’s only so much fresh water that can  melt from Greenland before the oceanic gyres freeze and the ability for everyone to get  to that place before it’s too late is, I don’t know, it feels like a good question.
 So I’m not offering gift, economy, and generosity  as an alternative to working on a systems level.  Like, what makes you come alive?  What makes you say, I love this and I don’t know why?  It could be work that we recognize as political.  Another thing, there’s one more thing I wanted to say about that.  I forgot what it was.  Dang it.  Welcome to Political Vow and this imminence of the collective.
 I love your work.  I’m always super inspired by it.  What a beautiful world.  Oh, my God. We all get that. But I’m just interested, I’m always super inspired by it. What a beautiful world, oh my God.  We all get that, but I’m just interested,  and I should know, but I don’t,  how it just seems underreported  about the amazing political opportunity that we have.
 We have a better way here.  It’ll work great, you how do you feel about us banding together and you know  making it happen with the truth in democracy  um well to the extent that we have a democracy which is not much but again again, like, again, it’s the same thing where, where in a moment of,  of crisis and breakdown, there’s a window of opportunity to really change things.
 And I think that that is coming of our uh conventional wisdom could be obsolete  so so yes yes yeah ultimately this will have a political expression it has to it’s not not just  about you know individual stuff but the individual stuff is more powerful than we recognize.  Because causality does not work the way we were taught it works.
 We were taught it works when a force pushes on a mass.  That is Newtonian causality.  And that mindset is itself very deep in the core of the mythology of civilization, which is about mustering increasing amounts of force to be able to move  Dominate control more and more things in nature.
 That’s what progress technological progress has been but it’s based on a very limited understanding of of  change and of reality things can happen. I  mean What what we think of as possible  is a very narrow part of the spectrum of possibility.  And we tend to take those anomalous things  and kind of shunt them off into an alternative reality  and keep them out of political conversations.  But I don’t think that our politics is ever going to change if we keep those things out  that are actually coming from the worldview that we want to express in politics.
 And that’s why  it’s so important to, for me, like to, to constantly dip into the well of that, which is  outside the limits of conventional reality. You know, and I just like,  I just recently read Maladoma Somae’s book  of Water and Spirit, you know,  like beautiful book.  Get the recorded version because it’s him,  not just reading the book,  it’s him speaking the book.
 Beautiful, you know,  and you listen to a work like that  and you’re like, okay,  if I really take this in and accept it as real, not through a patronizing anthropological lens, not through the patronizing lens of, well, we must respect other cultures, but actually like this actually happens, this is actually possible.
 What does that do to your life when you feed that information?  Through your intellect into your body  What different choices will you make what assumptions were you holding that are not necessarily true about how change happens in the world?  So this is this is this is important.
 You know that that we are more powerful than we were taught  Yeah than we were taught. Yeah. I would just like to add that Gaia is a very abundant planet.  She provides freely.  You just have to tap into that flow.  It’s the scarcity mentality is what causes people to think that they have to work.  The active vacuum has infinite energy density.  All we have to do is tap into that. It’s ubiquitously all around us.
 We just have to tap into the natural flow of the universe for what already is,  and right now we’re working upstream.  Yeah.  Yeah.  Thanks.  Yeah.  Gosh, I’m getting tired, guys.  I’m trying to set a boundary here.  Would you like to wrap up?  Yeah.  Do you want a chair?  Or what would make you comfortable?  I feel like it’s time to wrap up.
 Time to wrap yeah because there’s like more and more i mean this is like  really beautiful and and i mean this is also why like i mean another another thing for community  you know to really um yeah to to fertilize these these ideas and and and yeah i’ll I’ll be back in Boulder.  But really thank you everybody for your attention.  Thank you.  Thank you Charles.
 
 

Trust your Heart – An animated talk by Charles Eisenstein – YouTube

Transcript:

 So I’m picturing this situation here as a woman who’s feeling pretty beat down, in a  pretty dark place, but loves to draw, loves to do art, and when she starts doing it she  comes alive for a few days or weeks or even months, but then this feeling of what’s the  point encroaches upon it and she shuts down and she stops doing it.

 So I think that on the one hand  we have to be able to do things not always knowing what the point is because we do not know right now  how to get to what I call a more beautiful world. We know that it exists  and we know that we have a role to play in bringing this world into reality. But  

we don’t know exactly how to get there. We don’t have a roadmap that… because a  roadmap would depend on our existing concepts of how change happens and how the world  evolves. But the world that we’re moving to is bigger than those concepts. It is  literally new territory. So we don’t have a map to get there and therefore  we can’t rely on what our mind tells us is sensible or not sensible,  that what’s the point or what’s not the point.

 Our mind says, well, drawing pictures  and painting pretty pictures,  that’s not gonna help us get to a more beautiful world.  Working on your faces, your drawing technique,  I mean, what good is that gonna do  in the context of everything that’s happening on  this planet?  However, if you accept that we don’t know how this world works, that our understanding  of causality is very, very limited, And in fact, comes from the story of separation  that holds the world as a bunch of force-driven particles,  generic masses bouncing around without intelligence.

 When we accept that, that that story  of how change happens might not be right,  then we’re plunged into the mystery where we have to rely on some other impulse to  guide us in making choices about how to spend our time and how to devote our  gifts.

 So one of those impulses could be what is it that makes you come alive? And  to do it for no other reason than because it makes you come alive, because  it gives you a feeling of life. Ultimately what we are in service to is life. The current civilizational  setup is in service to death. The planet is dying around us and we are headlong,  we the dominant civilization, are headlong converting all that is alive into products.

 To serve the  opposite direction, to serve life, means first and foremost serving life within  yourself and accepting what makes you come alive as a valid source of  information to guide your choices. And when what’s the point encroaches upon them,  name and recognize that as a voice of the old story.  And one more thing,  that the pain of that,  the deadening of that,  that even also, it also comes from a beautiful place that so yearns to be of good  service. So I see in that question, I see a sincerity that really wants to be useful,

 that really wants to participate in this beautiful happening. And so I would say  when the feeling of futility comes up, to go underneath it to that living spark of  generosity. Really, it’s generosity. It’s, I’m here to serve. I’m here to give, I’m here to contribute. That’s what’s underneath even  the… that’s what the voice of what’s the point co-opts.

 That’s the  energy that it co-opts and turns against yourself. So to validate that and to understand that that voice is using the intuitions and concepts of the story  of separation.  And then to say, yeah, it is okay to trust what makes me come alive.  That’s how, that’s what I would offer to this woman to resolve her doubts and her cycle.

 

 

Money, Gift, and Society in the Age of Transition: Sacred Economics 

Transcript:

 Hello everyone and a heartfelt welcome to this gathering of inquisitive minds.  Have you ever paused to wonder what role money truly plays in our lives?  How does it shape our society, our relationships,  and our individual sense of purpose? As we embark on this philosophical journey together,  let’s invite our souls to dance with the notion of value, exchange, and the sacredness interwoven  within the fabric of economics.

 Imagine a world where our economic system breathes life into our deepest  values, where money is not merely a tool for transaction, but a sacred entity fostering  community and connection. Let’s step into this philosophical landscape with open hearts,  ready to explore the profound tapestry of money and its potential to serve a greater good.  What if the act of giving  was not an anomaly but the foundation of our economic interactions? Let’s ponder this central  question.

 Can our economy operate on principles that nourish rather than deplete, that celebrate  abundance rather than scarcity? This query beckons us to venture beyond conventional economic theories and into the realm of possibility.  As we delve into the theme’s core aspects, consider the contrast between a gift and a transaction.  A gift flows freely, with no explicit expectation of return, building bonds of trust and gratitude.

 Now picture an economy that operates on the principles of trust,  generosity, and community. Through narrative storytelling, imagine a world where every  exchange nurtures our interconnectedness, a world where the market is a place of relationship and  reciprocity. Echoing through time, the voices of philosophers like Plato and Aristotle remind us of the ancient debate regarding the nature of wealth and justice.

 They pondered the purpose of money and wealth in achieving a good life,  a virtuous life. In modern times, figures like Charles Eisenstein advocate for a  return to an economy of gifts where money’s value is tied to the well-being of our planet and communities.  The more beautiful world our hearts know is possible,  Eisenstein muses, lies in this transformation.

 History offers us countless examples  where the philosophy of money and economy has shaped civilizations.  Consider the medieval period,  where the economy was embedded in the social and spiritual life of the community. has shaped civilizations. Consider the medieval period,  where the economy was embedded in the social and spiritual life of the community.

 Markets were not just places of trade,  but gatherings that reinforced social bonds.  In contrast, the Industrial Revolution brought a shift towards a market economy,  emphasizing efficiency and growth,  often at the cost of social cohesion and environmental sustainability.  The ethical implications of our economic choices are vast and complex.

 For instance, how do we reconcile the pursuit of profit with the need for environmental stewardship?  A historical ethical dilemma, such as the enclosure of the Commons in England posed a profound  question about the balance between private gain and public good, a question that remains  relevant as we face global issues like climate change.

 Our cultural fabric is interwoven with reflections on money and economy. Literature from Dickens to Steinbeck critiques the dehumanizing impact of wealth inequality.  Films like It’s a Wonderful Life propose an economy that serves humanity.  These works compel us to consider how our financial systems can reflect our deepest values and aspirations.

 In contemporary discussions, debates rage over the nature  of wealth distribution, the role of cryptocurrency, and the potential of  universal basic income. Each viewpoint presents a different vision of the  future, one where money could either bind us together or keep us apart. What would  happen if we chose to prioritize people over profit?  What if every person had the means to live with dignity?  The relevance and importance of rethinking money in our age cannot be overstated.

 As we face a world in transition, grappling with pandemic aftermaths and technological disruptions, our economic principles must evolve.  disruptions, our economic principles must evolve. We must ask ourselves how future generations will judge our handling of the economic tools at our disposal.  Bringing our ideas together, let’s synthesize our exploration with a  powerful statement. Sacred economics is not just a vision, but a call to action.

 A  call to realign our financial systems with the principles of  interconnectedness, sustainability, and compassion. I want to thank each one of you for walking this  path of contemplation with me. Your engagement and willingness to question the status quo  are the seeds from which a more beautiful world can grow. As we part ways, I leave you with a few questions to ponder.

 What would a gift  economy look like in your community? How can you contribute to a more equitable and sacred  economic system? I invite you to share your reflections and continue this vital conversation.  Finally, let us remember that the pursuit of wisdom is not an end, but a journey.  As we continue to explore and question, let us do so with the hope that our collective inquiry  will lead to a more just and sacred world.

 Until next time, may your thoughts be as  bountiful as the gifts of life itself.

 

 

SACRED ECONOMICS with Charles Eisenstein

Transcript:

 Music  Anytime you want to understand something, why is such and such happening?  Why is there a biodiversity crisis? Or why are we drilling for more oil  when it’s polluting the atmosphere  and causing oil spills?  Why? And you ask why,  and down a couple levels of why,  you always get to money.  Yeah, I talk a lot about the story of self  that every culture has,  and it answers the question, what are are you what is it to be human  so it says that you’re this separate being among other separate beings in a universe that is

 separate from yourself as well like you’re not me that plant is not me that’s something separate  and this story of self really creates our world. If you’re a separate self and there’s  other separate selves out there and other species out there and the universe is fundamentally  indifferent to you or even hostile, then you definitely want to control.

 You want to be able to have power over other beings and over these whimsical,  arbitrary forces of nature that could extinguish you at any time.  This story is becoming obsolete. It’s becoming no longer true. We don’t resonate with it anymore.  And it’s actually generating crises that are insoluble from the methods of control.  And that’s what’s clearing space, clearing the space for us to step into a new story of self and a new story of the people. Well, money’s an agreement.

 It doesn’t have value all by itself.  It has value because people agree that it has value.  Economists will tell you what money does.  It facilitates exchange.  You use it to count things and keep track of things.  You write some numbers on a magical piece of paper called a  check and you can cause all kinds of abundant goods to come to your house.

 You can even cause misery for thousands of people if you are one of the  highest initiates of the magic of money.  Scarcity is built into the money system.  On the most obvious level,  it’s because of the way money is created,  as interest-bearing debt.  So anytime a bank lends money into existence  or the Federal Reserve creates money,  the money comes along with a corresponding amount of debt.

 And the debt, because there’s interest on it,  is always greater than the amount of money.  So it essentially throws people into competition  with each other for never enough money.  Growth is another thing that’s built into our money system.  If you’re a bank, you’re going to lend to the person  who’s going to create new goods and services  so they can profit and they can pay you back.

 You’re not going to lend to somebody  who doesn’t create goods and services.  So money goes toward those who will create even more of it.  But basically economic growth means that you have to find something that was once nature  and make it into a good, or was once a gift relationship and make it into a service.

 You have to find something that people once got for free  or did for themselves or for each other  and then take it away and sell it back to them somehow.  By turning things into commodities,  we get cut off from nature in the same ways we’re cut off from community.  We look at nature with eyes of it’s just a bunch of stuff.

 And that leaves us very lonely and leaves us with many basic human needs that go unmet.  And if you have money, you might try to fulfill this hunger through purchasing,  through buying things, or through accumulating money itself.  And of course, now we’re nearing the end of growth.  The planet can’t sustain much more growth.

 And that’s why the crisis that we have today won’t go away.  One of the things I talk about is the sense of wrongness that I had as a child.  I think most kids have some sense of it, that it’s not supposed to be this way.  You know, just, for example, that you’re not supposed to actually hate Monday  and be happy when you don’t have to go to school.

 Like, school should be something that you love.  Life should be something that you love.  School should be something that you love. Life should be something that you love.  We didn’t earn any of the things that really keep us alive or that make life good.  We didn’t earn air.  We didn’t earn being born.  We didn’t earn our conception.

 We didn’t earn being able to breathe.  We didn’t earn having a planet that can provide food. We didn’t earn being able to breathe. We didn’t earn having a planet that can provide food.  We didn’t earn the sun.  So I think that on some level,  people have this inborn gratitude,  because on some level we know  that we didn’t earn any of this.

 We know that life is a gift.  Well, if you know that you’ve received a gift,  then the natural response is gratitude, you  know, the desire to give in turn.  In a gift economy, it’s not true the way it is in our money economy that everybody’s in  competition with everybody else.  In a gift society, if you have more than you need, you give it to somebody who needs it. That’s how you get status.

 And that’s even where security comes from. Because if you build up all that  gratitude, then people are going to take care of you too. And if there are no gifts,  then there’s no community. And we can see as societies become more  monetized, that community has disappeared.  People long for it, but you can’t just have community  as an add-on to a monetized life.

 You have to actually need each other.  People desire to enact their gifts.  And if they were free from money, they would do it.  But money is so often a barrier.  You know, people think, oh, I’d love to do this,  but can I afford to do it? Is it practical? Money stops them.

 You know, what beautiful thing would  I do? What am I called to do? Would it be to set up big gardens for homeless people to take care  of and reconnect them to nature? Would it be to clean up a toxic waste site?  Like what would you do?  What beautiful thing would you do?  And why isn’t it practical to do these things?  Why isn’t there money in those things?  An economy that embodies the principles of the gift  is an economy that is simply grounded in the truth.

 The task before us is to align money with the true expression of our gifts.  It requires a very different mechanism for the creation of money and the circulation of money.  They include things like negative interest, which reverses the effects of usury.  They include things like the internalization of costs so that you can no longer pollute  and have somebody else or future generations pay the costs.

 They include a social dividend,  sharing in the wealth that comes from what should be the commons, the land, the aquifers,  our cultural heritage. They include a relocalization of a lot of economic functions.  They include all kinds of peer-to-peer finance  and the peer-to-peer revolution.  What will it take to shift away from the current money system?  Well, the current money system just works less and less well.

 Growth can only be maintained at works less and less well.  Growth can only be maintained at a higher and higher cost.  Even our best efforts can’t keep the economy growing as fast as it needs to for the system  to work.  And that creates further misery.  People just can’t take it anymore.  Even the people on top, even the winners of this artificially induced competition,  they’re not happy either. It’s not working for them either.

 So I think that we’re gonna see a  series of crisis moments, each one more severe than the last. And at each crisis moment, we’ll  have a collective choice. Do we give up the game and join the people,  or do we hold on even tighter?  It’s really up to us to determine at what point  this wake-up point will happen.  Was this all a big mistake? That’s a good question.

 And it sure seems like it was sometimes when you look around at just the horrors that have  taken place on this earth and that are ongoing right now.  And some people think, I just don’t want any part of this. Civilization was a huge mistake.  I came to see this whole journey of separation,  not as a mistake, but as part of a larger process.

 It started, I think, with the environmental movement in the 1960s.  That was its first awakening into mass consciousness.  And the astronauts went up and experienced the pinnacle of separation.  And the photos that got beamed down,  even today, it still evokes love in us.  So we’re falling in love with Earth.

 That’s one part of our transition into adulthood.  The other part is the coming of age ordeal,  when the old world falls apart and a new world is born.  You know, a child plays. A child plays and develops his or her gifts but doesn’t apply them  toward their true purpose yet.

 And that’s what humanity’s been doing,  toward their true purpose yet. And that’s what humanity’s been doing,  playing with our gifts of technology and culture  and developing these gifts.  Now we’re coming into adulthood  and it’s time to apply them to our true purpose.  At the beginning, I think that’ll be  to simply heal the damage that’s been done.

 There’s a lot of healing that needs to be done  and it’s almost impossible actually.  You could say that really we’re in the business  of creating a miracle here on earth.  I’m saying it’s something that is impossible  from an old understanding of reality,  but possible from a new one.  And in fact, it’s necessary. And in fact it’s necessary.

 And in fact anything less than that isn’t even worth trying. Thank you.