What is the future of the economic system?

1 Dec , 2017  

Manfred Max Neef, a Chilean economist and professor of economics at the University Berkeley of California, who won the alternative Nobel Prize,  “Right Livelihood Award” is known for his human development model based on Fundamental human needs. He is part of World Future Council, an organization which pursues the implementation of long-term policies that promote sustainable living in order to secure the rights of future generations to inhabit a healthy and intact world. In a interview in 2010, the Chilean economist stressed the critical moments which all the planet are facing.

“We reach the point where we know a lot but we UNDERSTAND very little. Never in the history, was such accumulation of information like in the last decades, and look how we are?…

What was that knowledge for? What did we do with it?…knowledge, alone, is not enough…we lack on “understanding”…you can only attend to understand THAT of which you became a part….understanding is holistic….

What I learned from the poor it’s much more than I learned from University….but very few people has this type of experiences….In poverty is an enormous creativity…you cannot be an idiot if you want to survive….every minute you have to think What? When? How?…In poverty, creativity is connected with networks of cooperation, mutual aid and all sort of extraordinary things, which are not founded in our dominant society, which is individualistic, greedy, egoistical…. It’s shocking, but sometimes you can find people much happier in poverty than you will find in western and modern societies, which means that poverty s not only a question of money.”

Manfred Max Neef is stressing that “the economist don’t know that we depend absolutely from nature, but for the economists nature is a sub-system of economy….we can bring consumption closer to production…you will eat better, you will have better food, you will know where the food is coming, you will know the producer”.

He is strengthen the ideea that solidarity of people, respect for the others, mutual aid, no greed (value which is absent in poverty) should be the values of a future system based on natural resources. He is stating that the more you have the greedier you become, and the crisis is the product of greed. Greed becomes the dominant value today in the world, in his opinion.

In his conception the future economy should guide after the following principles:

  1. The economy should serve the people and not the people to serve the economy
  2. Development is about people and not about objects.
  3. Growth is not the same as development, and development does not necessarily required growth. Growths is a quantitative accumulation, development is the liberation of creative possibilities…every living system in nation growth up to a certain point, than stop growing. We as human beings we are growing till a certain point, and we stopped, but we keep continue developing ourselves…so development has no limits, growth has limts. …and this is what politicians and economists don’t understand…they are obsessed with the fetish of economic growth….One of the hypothesis of Max Kneef is that every society there s a period where economic growth brings an improvement of quality of life, but only at that certain point. Beyond that point, quality of life begins to decline. This is the type of underdevelopment nation, as USA, where 1% of the populations are doing better and 99% are going down.
  4. No economy is possible in the absence of eco-system services. No economy interest under no circumstances can be above the reverence of life. Nothing can be more important than life, but in our society if there is any economic interest you forget about life or human beings. If you follow the principles listed above, in today world is exactly the opposite.



Photo: Styleweekly

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