A Quote by Evo Morales
We can pay the ecological debt by changing economic models, and by giving up luxury consumption, setting aside selfishness and individualism, and thinking about the people and the planet Earth.
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There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they've run up - to pay their mortgage debt, to pay the credit card debt, to pay student loans.
The great challenge of the 21st century is to provide good standards of living for 7 billion people without depleting the earth's resources or running up massive levels of public debt. To achieve this, government and business alike will need to find new models of growth that are in both environmental and economic balance.
We are living as if we had three planets' worth of resources to live with rather than just one. We need to cut by about two-thirds our ecological footprint. For that we need one planet farming as well as one planet living - one planet farming which minimises the impact on the environment of food production and consumption, and which maximises its contribution to renewal of the natural environment
Our system - of debt-fueled economic growth, of ineffective democracy, of overloading planet Earth - is eating itself alive.
. . . the upsurge of Spirit is the only plausible way to stop the ecological destruction of our planet. Even people who have no interest in a communal solution to the distortions in our lives will have to face up [to] this ecological reality. Unless we transform our relationship with nature, we will destroy the preconditions for human life on this planet.
The irony is that in our decades, the combination of rationalism, asceticism, and individualism (the so-called Protestant Ethic) has produced precisely the system of boondoggling, luxury-consumption, and status.
The paradigm shift of the ImageNet thinking is that while a lot of people are paying attention to models, let's pay attention to data. Data will redefine how we think about models.
It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.
Individualism has come in for an enormous amount of criticism over the years. It still does. It is widely assumed to be synonymous with selfishness...But the main reason why so many people in power have always disliked individualism is because it is individualists who are ever keenest to prevent the abuse of authority.
People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But it really isn't. When you pay a debt to the bank, the banks use this money to lend out to somebody else or to yourself. The interest charges to carry this debt go up and up as debt grows.
More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services.
In order to have a hope of creating better answers, we need to deeply understand the logic of the opposing answers. That means thinking about how we think about both models - not just do we like one versus the other. Rather we have to ask: How do I think each model produces the results that it does? Metacognition, thinking about thinking, builds up our capacity to do that and to play with opposing ideas - and new models - in real time.
It is a fact that the ecological devastation of the planet can be traced to the consumption of meat and dairy, which contributes to water, soil, and air pollution as well as global warming and the mass extinction of many species of plant and animal forms.
Bad karma is the spiritual debt one has accumulated for one's mistakes from all previous lives and this life. It includes killing, harming, taking advantage, cheating, stealing, and more. On Mother Earth, when you buy a house, you take out a mortgage from a bank. This mortgage is your debt to the bank. You pay every month for fifteen, twenty, or thirty years to clear your financial debt. In the spiritual realm, if you have bad karma, you may have to pay for many lifetimes to clear your spiritual debt.
Does this planet have enough resources so seven or eight billion can have the same level of consumption and waste that today is seen in rich societies? It is this level of hyper-consumption that is harming our planet.
Collectivists would have you believe that individualism is merely another word for selfishness, because individualists oppose welfare and other forms of coercive redistribution of wealth, but just the opposite is true. Individualists advocate true charity, which is the voluntary giving of their own money, while collectivists advocate the coercive giving of other people's money; which, of course, is why it is so popular.
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