A version of the change
Michael Thalhammer
#fossilfree koncepts, #global solutions, #green construction, #transportation, #TOPten4Bicycles & more - that help to save the climate
A version of the change from the current?economic?and financial dead ends????
?Neither the current economy, nor politics, nor wind turbine parks, hydrogen, silicon modules, concrete construction technology, e-mobility or vegan nutrition are able to change our climate and raw material situation! They only offer a limited compensation for the necessary restructuring for adequate biological footprints.?
?But a cut to general debt relief could be the?gamechanger! It is necessary to avert work, trade, mobility and earthly existence from the?impending global financial collapse. This turnaround probably comes from an expected decision by high finance itself. It should, indeed must, ensure climatic survival and a monetary new beginning. As early as 594 BC, the Greek polis of Athens took a similar step of solidarity - with benefits for all*.
?This new decision would neither affect the existing hierarchies nor the respective state structures. Above all, it would shift a great deal of capital, which is mostly still passive, into environmentally compatible projects, thus preparing the technically necessary conditions for fossil-free production and clean transport.?This does not mean a new communist edition, because this measure would only achieve what was achieved in biblical times every 50 years by the?Jewish year of Jubilee.?
Along with such a cut, there would also be good chances for "TOPten4cleanFuture" – i.e. the transport solutions prepared in?TubeWay-Solar?– to be implemented. This is because they efficiently bring the biologically precarious situation and the heated climate to a?tolerable extension of existence.?
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?Emerging countries would also experience debt relief - and then let their situation influence itself!? There is the permissible question: if all states have a more or less high debt burden - with whom are all these debts booked, or who has borrowed such enormous sums in real terms? Due to the pandemic costs and the resulting world market situation, the global financial system as a whole is probably coming to the edge of its?"lucrative asset yielding profits".?This is precisely what makes a radical new start likely.?
For example, the renamed?Lary Fink, head of?Blackrock, could take on the role of the historical Greek?Solon*? After all, he would be the experienced front man among asset managers, with reputations in all currencies and in good contact with several major investors!
?What to do in the face of rapid global heating? Their catastrophes, the long pandemic and above all the resource issues also ensure that?"the big cut" is not an empty hope.?It is only in the paradigm shift to sufficient?"green investment"?that the Bitcoin jugglers and gun lobbyists have reached the end of their flagpoles.
?*?Around 600 BC, trade was flourishing in Athens. Grain imported from abroad was cheaper than that from small farmers at home, so many became impoverished and social unrest ensued. To prevent a bloody civil war, the Athenian population made the aristocrat Solon arbitrator in 594 BC.? The reforms that followed formed the basis of Athenian democracy ("rule by the people"). The Greek historian Plutarch reported in 100 BC on the social grievances before Solon's reforms. The entire Greek people were indebted to the rich. Either they worked the land for and delivered the sixth of the proceeds, or if they had contracted debts under the pledge of their bodies, they were taken away by the creditors and served as slaves. Many were also forced to sell their own children. When Solon had become master of the situation, he freed the people by forbidding loans on the people and by?cancelling debts?[...].??
Source: -Plutarch?> Solon, translated by K. Ziegler, Stuttgart 1954, p. 224.