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Humanistic Economy vs. finansocracy

By Peter Palms  Posted by Peter Palms (about the submitter)       (Page 1 of 8 pages)   4 comments, 3 series
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Message Peter Palms

The first version of this paper ("Humanistic Economy Concept")
was published in 2008 in a Web Journal "New Paradigm".  

This new version of the paper is supplemented with some additional facts and arguments. This paper is neither about charity and welfare works nor about introducing more humanistic details or features to the existing economy. It's about the economy of the future if it materializes - since the existing modes of economy and civilization are incompatible not only with sustainability but also with the survival of civilization itself!

I believe the humanistic details will be comprehensively dramatically introduced to the exiting economy before 2034 and most likely significantly sooner through collapse of existing economies and their radically change through revolution so I would not categorically rule out that this paper might be about that as well. 


Of course the current economy of parasitism and exploitation theoretically may have some chance to survive somehow if it is able to reduce harmful environmental impacts and to smooth over other conflicts and contradictions,  but it means only that although parasitism on the Nature/Environment may be decreased significantly the exploitation of people will continue and may become more severe.


Historically when this exploitation reaches the level of Czarist Russia, The Kingdom of France, The United Kingdom (India and America) it results in revolution. But in today's new global economy the revolution might also be global. With the internet the usefulness of weapon in retaining power for a minority has evaporated as described in :


Cyber War, for which there is presently no defense (replaces Nuclear War. 1 hour video ESPN of Richard Clarke, White House Counter-Terrorist Staff under 4 Presidents

and also described in



NASA held its first information technology 08/22/2010 summit. Speaker at the second day included Internet pioneer and Google Vice President Vint Cerf, who shared his thoughts about the past and future of the Internet, including the possible creation of an interplanetary network. Mr Cerf has been called  one of the founders of the Internet.  President Clinton presented him with the United States National Medal of Technology for his founding of the Internet. He received the Allan Turek Award, also sometimes known as the Noble Prize of Computer Science. President Bush presented him the Presidential Medal of Freedom for his work, which is the highest Award given to an American citizen


Many of the ideas and concepts stated below may sound revolutionary but please don't consider them as my appeal for immediate socio-economic revolution. If I appeal to anybody for anything it is for a mind revolution, which in turn will be followed by changes in "real life": economy, politics etc.


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