Changing the System Mindfully. Are we imprisoned by our unexamined concepts???

Changing the System Mindfully. Are we imprisoned by our unexamined concepts???
Humanity is imprisoned by a heartless monetary system, co-dependently arising from dichotomy of man and nature, self and society, ecology and economy, and public and private. How is the system fabricated? How do we awaken from our collective delusion and suffering? Please share this blog for Contemplative Social Action to Cultivate a Culture of Awakening! "Do everything with a mind that lets go" - Ajahn Chah

Friday, August 17, 2007

How to Transform the System?

Since everything is a reflection of our minds, everything can be changed by our minds. -original crazy wisdom of BuddhaFont size

The systemic blindspots of capitalism has long been overlooked by experts, economists, management- fianancial gurus and progressives alike. It is not easy to see one's own eye except through a clear mirror or mirror-like mind. Is it possible to co-create a sane economy that works for the benefit and welfare of all without taking away from the individual's freedom to choose and create right livelihood? Such a system is very much possible when a critical mass of middle class take the time to mindfully study this issue. Unlimited greed and scarcity is built into the current commercial monetary-banking system monopolized by the central banks under fractional reserve system which issues fiat money as compound interest (usury) bearing "debt" that grows exponentially over time and mathematically impossible to sustain in the long run. This is the Real Inconvenient Truth.

Debt-based fiat money put into circulation as principal always stay in short supply than compounded debt payable
at any given time, by design. This highly skewed, inflationary and volatile system allows systematic concentration and shifting of wealth from the actual productive labor, sectors and entrepreneurial class to a few maga-rich people, banks and corporations and financial Institutions. A large part of the compound interest (unearned income) and savings goes to create, support and sustain the unreal speculative economy dominated by stock market, currency market, mutual funds, insurance, commodities and financial derivatives of all kinds, leaving very little in the hands of actual consumers and producers making the real economy. The first step is to get educated, so when the top heavy current debt-based unsustainable system crashes under its weight (as being forecasted by market insiders), conscious citizens everywhere are prepared to jump-start a local economy through debt-free local currency and avoid much panic, pain and suffering.

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You Tube Video List

PBS Commanding Heights: Battle of Ideas for the World economy, Part 1 & 2