1 Comment →Video:Future Scenarios and how they might play out
John Gelles
Viewing global warming as a risk, similar to earthquake or car accident, suggests we purchase insurance if possible.
The insurance against global warming costs money that will circulate and make almost everyone rich– at least until the circulation creates full employment and utilization of all our capital.
So buying insurance by near-immediate switch to non-polluting energy systems is a fully win-win action.
Many other changes that look to be expensive will also, on inspection, be found to be win-win. That is the cure will be a general money-maker, like Medicare is if you are a nurse who would otherwise be out of work.
It is therefore necessary to see money as a system that obeys the WWII rule: a people can financially afford anything they can PRODUCE!
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Viewing global warming as a risk, similar to earthquake or car accident, suggests we purchase insurance if possible.
The insurance against global warming costs money that will circulate and make almost everyone rich– at least until the circulation creates full employment and utilization of all our capital.
So buying insurance by near-immediate switch to non-polluting energy systems is a fully win-win action.
Many other changes that look to be expensive will also, on inspection, be found to be win-win. That is the cure will be a general money-maker, like Medicare is if you are a nurse who would otherwise be out of work.
It is therefore necessary to see money as a system that obeys the WWII rule: a people can financially afford anything they can PRODUCE!