The so-called developed countries have the feeling that the economic crisis is over. It is not. Just because of the incredible amounts of money that is pouring into the financial system by central banks, the current economic system still works. Billions and billions of dollars, euros, pounds, yens are flowing into the commercial banks, and from there into the stock markets where is inflating the bubble to the unprecedented extent.
Only after the bursting of that huge stock market bubble, perhaps as early as this year, will come sobering for rich countries. They have long been living in the illusion of complacency and constant economic growth. Ever increasing production is unbearable for our environment.
The competition between countries, between companies, between individuals, is blind way because people only through cooperation and sharing can solve the problems of the modern world. Other ways in our overcrowded and exhausted planet are not possible.
Today, we have enough goods to satisfy the needs of all people. We do not need more goods, but just distribution of global resources with the agreement at the international level. To design an intelligent system of sharing at the international level is the top political and economic priority of the future.
But first we need disillusionment that comes in the form of global stock market crash. Only through sharing of global resources, we can solve the imminent collapse of the economy of selfishness, greed and complacency.
Photo: Alan Levine (flickr)
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