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Get Rich Now
The economy will never be the same. It’s time to rethink our definition of “the good life.”Much of the debate over how to address the economic crisis has focused on a single word: regulation. And it’s easy to understand why. Bad behavior by a variety of businesses landed us in this mess—so it seems rather obvious that the way to avoid future economic meltdowns is to create, and vigorously enforce, new rules proscribing such behavior. But the truth is quite a bit more complicated. The world economy consists of billions of transactions every day. There can never be enough inspectors, accountants, customs officers, and police to ensure that all or even most of these transactions are properly carried out. Moreover, those charged with enforcing regulations are themselves not immune to corruption, and, hence, they too must be supervised and held accountable to others. The upshot is that regulation cannot be the linchpin of attempts to reform our economy. Instead, what needs to be eradicated, or at least greatly tempered, is consumerism: the obsession with acquisition that has become the organizing principle of American life…..
http://www.utne.com/Spirituality/Get-Rich-Now-Economic-Crisis-Community.aspx
This article is part of a package on rethinking the economy and how to prosper in the wake of the recession. For more, read Empire of the Stunned, Work Plan, and We Are All Madoffs.
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