By Armando-Jose Diaz │
PhD MBA MBM
Are we ready to be social? Coincident with “new today”, our society is changing its behaviors, its way of life, and adapting to new technologies, new social landscape, protocols, culture, and more so with its means to communicate, purchasing habits, obtaining goods using mobile resources and on demand availability inventories, and actively interact with others local and worldwide. In the meantime other sectors of the social community, are far behind or barely reacting to adapt into the new “global village”. What about social empowerment for all? We need to see our communities not only as places of residence, recreation and retail but also as places that nurture active citizens who make the rules that govern their lives, and who have the skills and productive capacity to generate real wealth. Local economies must be more than branch plants of planetary corporations. Local government must be more than simply a body that reacts to higher levels of government. As an example, let’s talk about Metal Money. Today is identical in all essentials with the money that exchanged products of antiquity. Gold money unearthed from the ruins of Athens, Rome or Carthage is universally acceptable and circulates freely with the money of modern Europe or America. Apart from possible differences in the fineness of the gold, a kilogram of coins with the stamp of a Roman emperor equals a kilogram of coins with the stamp of the German mint. Our today’s money has all the characteristics of the money that Lycurgus banished from Sparta. Money is perhaps the only State institution still unchanged from Greek antiquity. Today’s global imbalances, deficits, bouncing currencies, poverty and debt crises require a systemic redesign of that faulty economic source code. Worried finance ministers and central bankers call vainly for a “new international financial architecture.” They do little but fret about this behind closed doors, at meetings of the G-8, WTO, and in Jackson Hole and Davos. Some clever libertarians try to beat the bankers at their own game with global digital currencies backed by gold, including e-gold Ltd, Gold Money and Web Money. Based in offshore havens, Nevis, Jersey, Moscow, and Panama, they have become platforms for cyber-crooks. The rest of us are redesigning healthy homegrown sustainable local economies – all over the world. Before we fall into “either/or” errors, we should avoid doctrinaire “smallness,” ideological localism, and knee-jerk libertarianism. None can protect local communities from the ravages of market fundamentalist-driven globalization. © 2014 Armando-Jose Diaz