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Alan Fricker, Sustainable Futures Trust, Petone
Stripped of its finery, economics is about how we exchange our surpluses, whereas as a science it has somehow been transformed into an economics of scarcity where everything is expressed in money terms.
Now that money has come off both the wheat and the gold standard it is valued only against itself. Thus it chases its tail and constitutes around 90% of international transactions.
The third party to an economic transaction is the earth,
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the Great Mother, which in Jungian psychology is an archetype. If we suppress an archetype the shadows emerge. We have created the shadow of scarcity, the polar shadow of which is greed. This is fuelled by the dominant world paradigm based on rationality and self-interest.
We have conveniently forgotten the paradox of co-operation. Rational, self-interested individuals will not act to achieve the common or group interests.
Fortunately, we are not always rational and will co-
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