januari 2016

Any time we talk about a funding strategy, or a financial model, this is really code language for embedding ourselves in a credit system. Money today is credit. All of our conventional sources of funding, whether dollars or euros or yen, come into existence through a giant credit facility otherwise known as the banking system. This is now a single, globally integrated, globally homogenous system. We tend to think of banks as the power, the engines of money, but they’re not. Money’s circulation is powered by our acceptance of it in the payment of goods and services, and this is…

Let’s consider 2016 as a critical year for humanity. The idea that we face a number of global challenges threatening the very basis of our civilization at the beginning of the 21st century is well accepted in the scientific community, and is studied at a number of leading universities. However, there is still no coordinated approach to address this group of challenges and turn them into opportunities. Our civilization has never faced such existential risks as those associated with global warming, biodiversity erosion and resource depletion. On the other hand we never had such an opportunity to advance prosperity and…