Make money for people and planet
Money is a social relation based on trust, as mentioned under Share the power of money making. This is true but money is also a relation to nature and its resources.
Real wealth is nobel prize winner Soddy's real, positive pinkish pigs, doing their thing, being pigs, having a tail and liking dirt. Money as a symbol for wealth negative pig, the debt, is the demand for a pig, the I Owe You A Pig. Soddy called it virtual wealth. As Herman Daly wisely said on the topic
“Growth in money is meaningless unless there is a corresponding increase in real wealth”.
Hence money is also a relation to nature because without it has no meaning and if our planet with its nature and people cannot grow indefinitely money shouldn’t either. Making money should not only be made for people, it should also be made for our environment.
Some famous and non-famous economists, liked by famous economists, have had ideas on how to better align money with the wealth of nature. 100 % reserve requirements, sovereign money and demurrage, i.e. having money experiencing entropy, are ideas that we can try in an effort to make money for people and environment to prosper within limits.
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