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What is Enough?
Enough is Enough! It may depend on who you ask but what I mean is that surely, we have had enough of this plutocratic, racist, patriarchal, capitalist, warmongering, planet-devouring economic system we live under. One can tweak prices, interest rates, taxes, and regulations until the cows come home and not fix any of the problems being driven by this pervasive system. This is because the root of the problem is due to a structural defect in the system.
Systems analysts note that every system has a leverage point which is a point where one small change can transform the entire system. While many have noted the economy as the problem, very few ever identify the leverage point, the root of that problem. The system is so big and powerful that, along with all the other problems it causes, it is driving a mass extinction that might well end our time here on this planet. So, it is a critical time for us now, time to focus on the leverage point so we can change this entire system.
To change the economic system, we need to understand it. The great economist John Kenneth Galbraith said to understand the economy one needed to know the history. But first, what is an economy? An economy is a system for exchanging goods and services and, due to the division of labor, is necessarily facilitated by money. So, the leverage point in this system is the money system. The root system of our current economic…