A Pending Economic Shift

Climate change is here. The Federal Government is corrupt and politicians are out of tune with their constituents.  Corporate America cares far more about profit than well-being for their country or their employee.  Our economy is breaking and we are heading toward a major economic shift.

Why is our economy breaking?

  • The fossil fuel based economy is a primary driver of climate change.
  • The economic gap is the widest it has ever been in modern times.
  • It is harder than ever for a citizen of the US to start their own business.
  • Lawyers outnumber doctors in the US.
  • The economic conditions favor stockpiling cash.
  • Competition is squashed by buyouts due to stockpiled cash.
  • The tech industry is automating everything, increasing unemployment and creating a society of lazy, dumb people. (We don’t want to be an idiocracy.)
  • How we measure economic health is flat-out wrong.
  • Everything, housing, internet, healthcare, has become a privilege.
  • Poor mental health is on the rise, suicides are up
  • General happiness is at an all-time low.
  • Innovation and manufacturing in the US has stopped growing.
  • A mad-man sits in the oval office who doesn’t know what he is doing.
  • The global economy matters more than ever. Nationalism is suicide.

I don’t mean to paint a picture of doom, but we are heading for a shift in our economy.  The economy we have today can’t keep going the way it is.  We must solve the economic gap, we must make sure everyone has access to housing, to healthcare, and equal access to basic needs.

What sort of an economy do we need?  We need an economy that flips the power of money on its head.  We need the concept of worker co-ops, where businesses can be managed by employees and those employees reap the rewards of the business.  Currently we have too many 1%-ers reaping the rewards of the work of millions of employees.  That is wrong.

We also need an economy which respects our need for a health environment to survive.  We must move away from fossil fuels and long commutes to one of the renewable energy, self-sufficiency, and walk-able commutes.  We must reorganize our society to align with a healthier environment.

The economy must represent the global needs.  Nationalism must take a back seat to global well-being.  What happens in China and Japan, for instance, has consequences for those living in the US and Brazil.  The new economy must connect local communities across the globe and respect local solutions.  National and Global legislation can be detrimental to local economies.  We need an economy which favors environmental responsibility and general well-being for all above all else.

Economies do not change overnight.  Unless we are invaded or a government coup occurs, we are unlikely to wake up tomorrow into a totally new economy.  We must take one step at a time and move toward a more favorable, happy economy for all.