In our modern society, the convention of money has become the universal object of material sustenance and business has become the individual’s means of survival. Money has become highly distorted and possesses a dangerous and aloof symbolic power, one that gives financial institutions the ability to dictate who will have and who will not. A decision by a small group of people can determine the life and death of countless lives half a world away. This artificially and emotionally sterile environment allows suffering to be made as a necessary and justifiable side effect of increasing the bottom line. It also encourages rampant corruption and deceit as witnessed in the open secret of Wall Street. The tragedy is that while money and materialism is necessary for survival, it is itself unable to fulfill to fill the emptiness which sits in the middle of our soul. That emptiness can only be filled through rediscovering the sacred. We provide an analysis of our broken economic system.
The disconnected way in which we have designed, built and operate our economic and monetary system is a direct result of our incomplete views of well being. By equating materialism alone with well being, this equation ignores all the other necessary elements. The GDP must be replaced by a different, more inclusive measure for human well being that includes happiness, the environment, free time and health. The current paradigm must undergo radical transformation if we are create a proper framework that is conducive to sustainable development. It is no longer feasible to make business decisions in an ethical and spiritual vacuum, without due consideration of the health and happiness of others. The troubled world we currently live in is a direct consequence of an outdated business model where ethics is optional and suffering is justifiable if profits warrant it. For this reason, we advocate Economic and Monetary Transformation that prioritizes the Welfare of Humanity above all else.
Being so underdeveloped works to Africa’s advantage in one respect, it has not lost all of it’s cultural ties to traditional tribal societies which had many positive elements of community which are important elements of the new sustainable economic paradigm