Life, Money and Illuision is not about the magical arts or wizardry, though it does demystify money and Wall Street’s greedy aspirations abetted by the global push for more growth and consumption (and jobs).
In this second revised edition of Life, Money and Illusion, Nickerson explains that “Life” refers to the biological processes by which living things maintain themselves over time. “Money” represents our economic ideology that claims that as long as the volume of money changing hands increases, all will be well. “Illusion” refers to the fact that these two perspectives are directly opposed in terms of how they would solve current problems.
As one might imagine, a book of this stature and ambition — if providing meaningful analysis and argumentation (which it does superbly) — is not a cursory or a casual read.Running 448 pages, Life, Money and Illusion is meticulously fashioned in easy-to-understand language that makes Nickerson’s arguments and ideas both compelling and provocative.It draws from numerous fields, including ecology, psychology, philosophy, mathematics, and, of course, economics.
When you need to urgently need to blow your nose in Germany and don’t have a tissue on hand, you might ask a friend “Hast du ein Tempo?” (Do you have a Tempo?)
Tempo, it turns out, is a brand of tissue, not the German word for tissue.
Substituting a brand name for a general product description is relatively common across a number of languages. How many times have you heard someone say “Just Google that” or “Can I have a COKE please”? Over the years, powerful brands have impacted our culture and slipped into our language. For a brand, this is the ultimate compliment and a big awareness driver. In fact, Coke and Google (the 2 examples above) are now the #1 and #2 brands respectively on Interbrands latest list of powerful brands. Tempo continues to be a very powerful brand in Germany.
We need a new model for production and consumption. According to World Watch, “If the consumption aspiration of the wealthiest of nations cannot be satiated, the prospects for corralling consumption everywhere before it strips and degrades our planet beyond recognition would appear to be bleak”
This debate has already taken so many faces, and been argued so many times, that I cannot hope to add much more to it.
But I’ll try anyway.
A new study published by the Journal of Consumer Research has found that many Hummer owners excuse their large, oft-unnecessary H1 and H2s by crying patriotism and quoting American ideals like individualism. So are Hummer owners the morally righteous in the debate of anti-consumerism versus over-consumption?
Millions of Americans are declaring financial sustainability, even if they don’t exactly call it that.After all, we can’t borrow our way out of debt.
We’re paying down or paying off credit cards.We’re getting rid of our mortgage or putting an extra payment toward the principal balance (which has huge cost savings advantages).Or we’re practicing other frugality rules.According to data from the Federal Reserve, the amount Americans owe on consumer loans and credit cards plummeted $21.6 billion in July of 2009 – the largest monthly drop in consumer debt since the Federal Reserve started to track it in 1943.The “cash for clunkers” will, no doubt, alter the outcomes for August and September, but the trend continues to be less appetite for debt, not more.
People are working to get the bankers out of our lives, demanding that we become someone other than a “consumer.”So while the Federal government continues to re-affirm their “wise” decisions to bailout bankers and big finance, Americans are choosing to fire their credit card companies and break their “death pledge” (aka mortgage) by paying it off early.Of course, there are also many Americans who are in so far over their heads that unfortunately, personal bankruptcy and home foreclosure are the only remedy.
I am, however, focusing on those who thrive in abundance, simplicity and sustainability when it comes to community, lifestyle and, yes, financial intelligence.As my wife and I write about in ECOpreneuring, you cannot have ecological sustainability without a large degree of social and economic equity.The ECOnomy is not about “free trade” but fair trade; it’s about commerce that restores the planet, not destroys it or exploits people.
You can join these financial freedom-seekers too, by practicing financial sustainability.As most of us intuitively recognize, the best things in life are free (or close to it).
This past weekend, we had the pleasure of hosting Dennis Paige, founder of Swiftdeer-Paige, at Inn Serendipity to share a program on storytelling with our community of friends and family. Awarded the 2008 Grassroots Conservation Leadership Award from the Audubon-Chicago Region and the Chicago Wilderness Habitat Project, Paige has been entertaining and teaching thousands of people about the most pressing ecological issues of our times while inspiring a more balanced relationship with the web of life through the craft of storytelling.He’s been at it since 1989.
Paige’s hour-long program was a reminder of how far we still need to go on our journey of creating a “Story of Sustainability” that most American’s can embrace, not just a few.Obviously, the present American story of never-ending growth, executive bonuses, consumer-based economy, and more jobs is not compatible with the long term sustainability of a finite planet – especially if you recognize that despite our technological know-how, two thirds of the planet’s human inhabitants still cannot drink a glass of safe water, for example.
Elements of a Great Story
According to Paige, the elements of a great story are imagination, believability and content.Our group of local friends, bed & breakfast guests and family members circled around Paige as he orchestrated various activities to help our group, who ranged in ages from 4 to 80, become better storytellers and understand this ancient art and craft of storytelling. In terms of the content, it’s all about the problem, resolution and moral of the story.
I thought this was a neat idea and if the manufacturer’s claims are true, it could be the first step towards individual energy independance for a lot of people. Honeywell, the same people who made my safe, teamed up with Earthtronics to produce a home wind turbine that lacks many of the drawbacks of larger wind turbines. Namely, all it takes is a gentle breeze to turn the blades, providing up to 2,000 kWh of energy annually.
It is a compact and neat idea. My only question is, does it actually work?
A common awareness all over the world now is that a major problem causing worldwide pollution, loss of natural lands, and extinction of species is overconsumption in the United States, and the developed world, in general. What is at the root of this overconsumption? Is it cheap production, and technology ‘improvements’ allowing for mass-production? Is it television and superb advertising of products? Is it the greed of rich and comfortable people?
Over the course of a lifetime, the average American consumes over 87,000 slices of bread. Yes, you read that correctly — eighty seven thousand. That’s more than a loaf per week per person, not counting the additional 5,000 hot dog buns and 12,000 hamburger buns each American devours in his or her life.
All that wheat calculates out to a lifetime grand total of 21,947 loaves and buns. The National Geographic Society’s Human Footprint project has illustrated this shocking bread obsession in a stunning visual (see the video clip below). In the words of my little brother, who is no stranger to wheatless ways, “That is a totally nasty amount of bread.”
There’s no argument that bread is an American staple. Amber waves of grain are, after all, an American icon. But we can’t live by bread alone. So what are some wheatless alternatives?
World wide, 75 percent of human exposure to mercury is from the consumption of marine fish and shell fish. In the U.S., about 40 percent of all human exposure to mercury is from tuna harvested in the Pacific Ocean, according to Elsie Sunderland, a coauthor of the recent US Geologic Survey study.
Data used in this study comes from one of 15 (so far) research cruises that are part of a much larger, international project called CLIVAR; the Climate Variability (CLIVAR) Repeat Hydrography/CO2 research program.
Data analysis of the water samples indicated that total mercury levels in the North Pacific Ocean water have risen about 30 percent over the last 20 years.
Life, Money and Illuision is not about the magical arts or wizardry, though it does demystify money and Wall Street’s greedy aspirations abetted by the global push for more growth and consumption (and jobs).
