Money and Value

Money doesn’t always equal value.

These news items are about the United States but what’s happening there is impacting the global economy . . .

From The New York Times: Worried Banks Sharply Reduce Business Loans “Banks struggling to recover from multibillion-dollar losses on real estate are curtailing loans to American businesses, depriving even healthy companies of money for expansion and hiring.”

From the Economist: Inflation or deflation? “The markets have become incredibly volatile as investors vacillate between these outcomes.”

From the BBC: Record deficit for next president “The next US president is expected to face a record federal budget deficit of almost half a trillion dollars.”

Economics used to seem as opaque as metaphysics to me. Then, as I hit the middle of middle-age, it became apparent I was studying the economics that businesses use, that nations use, that politicians manipulate.

The economics that has squandered vast quantities of non-renewable resources.

The economics that keeps certain people away from creativity, away from a decent livelihood.

The economics that spawns wars and utterly brutal treatment of innocent civilians !

I don’t want to start ranting so here are some spiritual quotes to ponder:

“The repudiation of national right and power to make war represents the first step toward mutual wealth and sound economy. Short of a world economy mankind will not achieve the fruits of civilization.”
Bahá’í International Community, 1947 Feb, A Bahá’í Declaration of Human Obligations and Rights

“Widespread uncertainty about the condition of the economy indicates a deep disorder in the management of the material affairs of the planet, a condition which can only exacerbate the sense of frustration and futility affecting the political realm.”
The Universal House of Justice, A Wider Horizon, Selected Letters 1983-1992, p. 102

“…participants in the informal sector of the economy, women in particular, must be involved in reconceptualizing economics altogether, both theory and practice. If women have a unique approach to economic activity, it would most likely be apparent in the largely unstructured informal sector of the economy. For example, preliminary findings in an on-going study of women industrial sub-contractors in Malaysia, show that the business objectives of the majority of women sub-contractors are defined not so much in monetary terms as in terms of values.”
Bahá’í International Community, 1995 Aug 26, Women in the Informal Sector in Malaysia

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Big Green Purse ~ A Book & A Crusade

image credit

What realizes and promotes the fact that 85 cents of every dollar spent in the marketplace is spent by a woman and that big business responds faster to consumer demand than any other market force?

Answer:

Grist, an environmental journalism site, has a compelling article on the book Big Green Purse and its author, Diane MacEachern, a longtime conservationist.

Just a few Q&As from the riveting interview:

question There’s this notion out there that you can save the world by buying all this stuff — as long as it’s green.

answer In every single chapter, the very first suggestion is buy less, consume less, reduce — clearly we have to cut back on the total amount of stuff that’s being produced. But I do think that being a conscious consumer is a very powerful tool, because consumer dollars are the lifeblood of manufacturers. So we can either use them to tell manufacturers what to make or we can just continue to let manufacturers tell us what to buy.

question Do you feel like environmentalists have been too quick to dismiss shopping as a route to change?

answer I think that the power of green consumerism has not been harnessed by the environmental movement. You’ve got all kinds of companies wanting to be green and natural and eco-friendly, and you’ve got the environmental movement saying, “Whatever you do, don’t buy anything.” … The light bulbs are a perfect example … people have to change their light bulbs anyway, so why not buy the option that makes the most sense? If you have people sit in the dark, that’s literally a turn-off.

question Does your book address the challenges of buying green on a budget?

answer First of all, there’s so much cushion in people’s budget that they don’t realize. People will say to me, “I can’t buy organic; it’s too expensive,” and then I look in their refrigerator and it’s full of bottled water. They may be spending $10 to $15 a week on bottled water, but they don’t want to spend $6 for a gallon of organic milk.

question How can the environmental movement change its message to be more effective?
answer I do think some groups are doing a pretty good job in starting to provide information … but now I think the next step is to start getting the message out to people who aren’t necessarily in the environmental community. We don’t need to talk to other environmentalists; we need to talk to garden clubs and women’s clubs and church groups and all these people who are not as fully aware of what the opportunity is.

What would be great is if Safeway would put an environmental spokesperson in the store. “On Saturday, as you’re coming through the store, there’s going to be these five people wearing green vests, and if you have any questions about green shopping, you can ask them.” Wouldn’t that be fabulous?

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~ Unleash The Life Within ~
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Business . . . (as usual?)

I’ve recently begun a business that makes me an entrepreneur. The linked article from Wikipedia says, “Entrepreneurs often have strong beliefs about a market opportunity and organize their resources effectively to accomplish an outcome that changes existing interactions.”

Marketing? And, you call yourself a spiritual person, Mr. Zoltai?”

Well…

Howard Rheingold said, “Markets are as old as the crossroads.”

And, tonight, in a business training seminar, Brett Rademacher said, “Life is a moving market.”

Nothing happens without someone selling something.

“What?”

Consider this:

Did you ever pursue someone for a date?

Did you have the date?

You must have sold them on the idea . . .

Regularizing…

Woo-Hoo !

Two more weeks of taking drugs, then a month or so to flush them out of my system, then I wait for 6 months to see if the virus actually went away—BUT—in two weeks, I stop taking these abusive drugs !!!

Today was my birthday and I unexpectedly gave myself a present I didn’t think I’d have for two more weeks—Internet in my apartment. It was really good to see how hard two men worked today to assure I had the Internet Today ! Not many cool service people left out there . . .

So, with the promise of more regular posting, I’ll leave you with the words that go with that image up there:

Rejuvenation

Restoration

Renewal

Re-Creation

Refreshment

Mending

And, this prayer:

O God! Refresh and gladden my spirit. Purify my heart. Illumine my powers. I lay all my affairs in Thy hand. Thou art my Guide and my Refuge. I will no longer be sorrowful and grieved; I will be a happy and joyful being. O God! I will no longer be full of anxiety, nor will I let trouble harass me. I will not dwell on the unpleasant things of life.

O God! Thou art more friend to me than I am to myself. I dedicate myself to Thee, O Lord.

‘Abdu’l-Bahá

(Compilations, Bahá’í Prayers, p. 150)