Our model of economy is not sustainable because it relies on the continued population growth (which is finite because we can’t expand forever. At the end of that road lies famine.)
I correlate these segments of the economy to the human body. Each has been called in term “The Economy”, but indeed, they are separate segments. Segments being:
- The Monetary System
- Housing
- Institutions of Knowledge
- Transportation
- Communications
And most importantly, our Industrial Capacity to produce our own goods. (American was at its best when Americans manufactured all the goods that Americans used in their homes.)
To get to the point, I relate the segments of the economy to the parts of the body that I think correspond. As follows:
Our Industrial Capacity segment relates to the arms and hands of the body. The Transportation segment relates to the legs and feet of the body. The Communication segment relates to our nervous system. The Monetary System, or flow of goods, relates to the vascular system of the body (the heart being the center of funding, namely, Wall Street.) The Housing segment relates to our skin, the skin housing the body. Our institutions of knowledge relate to the brain.
Imagine if this body had no arms or hands – what could it accomplish? It would have to move things with its nose! Imagine it had no feet or legs. You can see that the body has to be whole and complete to be functional, as does any claimed sustainable economy.
The creation of wealth does not occur on Wall Street! It occurs where value is added to raw materials. We take a shuttle full of iron ore and melt it using our coal. Then we have something of added value. The iron can be made into railroads, locomotion tracks, skyscrapers, high beams... that's value added.
That's the creation of wealth. It takes many people and millions are withheld, workers wages and taxes is what really provided a steady stream of money into the treasury.
What do YOU think?
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