Moneychangers ~ Part 3: The psychological effect of money scarcity

Moneychangers ~ Part 3: The psychological effect of money scarcity February 5, 2015

Photo credit: Salvetore Vuono
Photo credit: Salvetore Vuono

In this third installment of our conversation with local farmer and community activist, Ben Zoba, he explores the hidden psychological impact of people trying to flourish in an environment of monetary scarcity. Building upon the points discussed in Part 1 and Part 2 of this series, Ben makes the case that the manufactured scarcity of money creates a social environment that indirectly sets citizens against one another as each contends for limited funds to build their lives and aspire toward success.

He highlights the point that too often this reduces otherwise gifted, creative people to settling for mere jobs simply to keep the bills paid, rather than blossoming in their respectivGreco Covere spheres of talent and giftedness.

In this installment Ben opens the discussion about a creative alternative to this system, highlighting a new experiment called a Mutual Credit ExchangeHe makes reference to the work of economist Thomas Greco and his book The End of Money and the Future of Civilization.

Through these conversations Ben hopes to open up a conversation, and explore and consider a new way toward creative possibilities for the way we “do” money.

Leave Your Questions in the Comments section.

 

Please note: In Part 5 of this series Ben will answer questions aroused by this series. Interested readers can leave their questions in the Comments section of any of the 4 parts. Ben will then address them in the upcoming Part 5.

Listen to Part 4 here.

Listen to Part 1 here.

Listen to Part 2 here.


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