Money is not wealth. Money is a claim on wealth.

It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.

Entranced by promises of a material paradise of limitless luxury, humanity has too long ignored the mismatch between the imperatives of our existence as living beings on a finite planet and the imperatives of the institutions of money that chart our path to the future. Created to build colonial empires in service to kings, global corporations are ill suited to the task of building just, sustainable, and compassionate civil societies that nurture sufficiency, partnership, and respect for the whole of life.

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

We can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.

So, there is enormous instability in the global economy with a shift of winners and losers.

We should be moving toward local currencies not global or European currencies.