Teleseminar: Essential Knowledge for Transition: Economic System
Essential Knowledge for Transition provides an understanding of the large systems that affect our lives and communities: the monetary and banking system, the economic system and the financial system. Such understanding is a prerequisite to transforming them in a way that allows the emerging of a socially just, environmentally sound and compassionate society.
The third in a 3-part series of teleseminars on economic transformation by Marco Vangelisti. The current economic crisis is a recurring phenomenon of a structurally unstable economic system. This part of the curriculum looks at the current economic crisis in its historical context, how we dealt with the last major crisis in the 1930s and how we are (counter productively) dealing with it now. It explains the essential features of of the system that makes it unstable and destructive of communities and ecosystems. We will then look at the systemic features of a new economic system that would be compatible with long term health of ecosystems and communities. Finally, we will explore the path from the current system to one that democratizes and localizes economic activity and anchors wealth and capital formation in the community.
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