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Joel Hodroff's avatar

I would appreciate the opportunity to dialogue with your team. We have an outside-the-box, new economics white paper linked below.

There’s no question that traditional economics is failing us. On the other hand, the traditional rant against the rich doesn’t move the ball down the court. There isn’t a rich family alive on the planet they can eat enough food for one person to go hungry, live in a big enough house for one person to be homeless, or consume enough education or health care for anyone to go with out. Radicals have the exact same confusion over money and wealth that everyone else has. There is no cheese down that hole.

Sacred economics, feminist economics, Donut economics, Buddhist economics, Caring Economy economics, Freakonomics…

Everything posing as new economics has been merely new values plastered over old exchange-token economics, including crypto-token economics. Cryptocurrencies took the very worst feature of money… speculation instead of producing needed goods and services… and turned it into an engine of creating more billionaires, but not creating meaningful jobs or bringing a single community out of poverty. Of course, it also drags along the outdated baggage of economic crashes.

Here is why we propose that a new Business—Community Wealth Ledger that lives in the Commons and operates from design principles—akin to the Internet and the Visa Chaord (Hock)— can repair the global economy at today’s pace of mobile apps and social media. All the needed technology is finally mature from the local-to-global levels.

Ledgers don’t crash. Ledgers don’t experience inflation, recession or politics. Ledger entries can’t be hoarded. There is no such thing as entry flight from ledgers the way there is money flight from communities. No one can lend ledger entries for interest nor invest them for speculative gains. These are all the features of tokens.

In ledger economics, the focus becomes production for human advancement. Every advance in technology; economic infrastructure; human skill, knowledge and creativity; and our ability to deploy ever-greater amounts of free and abundant renewable resources—would raise the quality of life across-the-board, while shortening working hours and reducing damage to the natural environment. This is the paradigm shift that can address our global social, economic and environmental problems.

🌹🌹🌹🌹🌹

A paradigm shift in business leadership can carry us to win-win cooperation that lifts up everyone. Solutions must be systemic, not Band-Aids.

10mn intro https://bit.ly/2SfsOGU DEI podcast https://tinyurl.com/ycsj4d8y

New economics essay https://rb.gy/olyseu

If this resonates, let’s schedule a first conversation. I have an exciting 12 1/2 year history in New Mexico in business, activism, Solar home construction , emotional growth and healing, and spirituality. It is where my work was born.

Beaming love, light and blessings on your journeys. Joel

Joel Hodroff

Inventor

Social Entrepreneur

Economic Futurist

Joel@Scryp.io

How can we make the world work for 100 percent of humanity in the shortest possible time through spontaneous cooperation without ecological damage or disadvantage to anyone? ~ R. Buckminster Fuller

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David L. Smith's avatar

Awesome, Glenn! On the money! (Pun intended). Being concretized confidence in a social system, money can be structured to serve the whole. And as you beautifully articulated, the bottom line for accomplishing that restructuring is love. Love is how a financial system profits everyone. To move in that direction, we can focus our investments in entities that are socially and globally responsible—and support those in our circle who love the planet (and what people are doing to contribute) unconditionally.

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Glenn Geffcken's avatar

Thank you David. And thank you for pointing out the importance of love in our economic system. I wonder if we can create a new economic model called L.O.V.E. Something like Living Our Vital Evolution.

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Cylvia Hayes's avatar

Hi Glenn. Obviously, you are talking my language. I have been openly working on Economic System change for 25 years. Climate change, species loss, entrenched poverty are all symptoms of a fundamentally flawed global economic system. Hopefully you took a look at my TRANSCEND pub where I speak to exactly this subject. We created the economy, which means we can recreate it -- a livable world depends upon it. Thanks for picking up this topic.

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Glenn Geffcken's avatar

Hi Cylvia, I only just recently subscribed to your TRANSEND pub, so haven't read too deeply into it yet, but I like it. I've received some nice emails related to this post, and am gratified to know that there is growing number of people thinking, talking, and writing about this. The shift can be so simple and uncomplicated. The challenge is in elevating human consciousness to the point at which a critical mass can see the wisdom in the change.

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