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Old Phantom-Wealth Casino Economy
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New Real-Wealth Living Earth Economy
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Defining Slogan
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The one with the most toys wins
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We all do better when we all do better
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Human Nature
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We humans are by nature motivated to pursue individual self-interest and material acquisition. Cooperation in service to some greater community good is contrary to our nature.
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We humans are complex beings of many possibilities. The mature consciousness finds joy in cooperation, caring, and service to others. Greed, violence, and extreme individualism are symptoms of psychological dysfunction.
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Money
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Money is wealth and those who make money are creating new wealth that ultimately trickles down to benefit us all.
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Money is a mere number, an accounting chit. Those who make money unassociated with the creation of anything of real value are engaged in a form of theft.
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Markets
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Free from taxes and government regulation, the market rewards in direct proportion to individual contribution & turns the pursuit of individual financial advantage into greater wealth and well-being for all.
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Markets work best when within a framework of rules and values that reflect the community interest. Markets that celebrate and reward psychological dysfunction are destructive of community values and well-being.
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Community Interest
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The community interest is a simple aggregation of individual interests. We all do best when we each seek to maximize our individual financial gain.
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Strong caring communities are essential to our individual and collective happiness, security, and general well-being. We all do better when we look out for one another and invest collectively in community and environmental health.
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Rules
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Our economic system is sound. Deficiencies are best resolved by eliminating distorting rules and taxes.
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Our fatally flawed economic system undermines our well-being and threatens our survival as a species. We must replace it with a new system based on community values and valid assumptions.
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System Alternatives
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The only alternative to the excess of global capitalism is the oppressive and unproductive state tyranny of socialism/communism.
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Capitalism and communism both centralize and concentrate economic power in unaccountable institutions. The better option is a system of properly regulated locally rooted regional economies..
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Indicators
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Growth in Gross Domestic Product (GDP) is an indicator of economic progress and growth in the total wealth and well-being of society
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GDP is a measure of the economic cost of producing a given level of well-being.. Economic performance is better assessed against nonfinancial indicators of the health of our children, families, communities, and natural systems.
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