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New Economy 2015: Trickle-Up Economics

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[SPECIAL SERIES PART 2 of 3]  In Part 1 of this three part series, The Future of Capitalism, we learned that capitalism is not sustainable without growth, nor does it allow for conservation in equal measure.

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Though it was acknowledged that capitalism has generally served us well, many readers took great exception to the possibility that capitalism doesn’t truly provide the equal opportunity for all that it promises. And perhaps competition, which requires a loser for every winner—the true trickle-down effect—isn’t such a good thing. Can’t we collectively drive prices down and insist on quality by simply making our purchases elsewhere?

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Reader Comments

Some readers requested other readers (and this author) to take an Economics 101 class. Does E101 address that free market conditions don’t actually exist as currencies, commodities and even interest rates are manipulated on a daily basis? What about when governments play economic hit man with each other at our expense?

Other readers cited exploitive (predatory) capitalism as the problem. Is unlimited speculation off the backs of the working class—profits are privatized/losses socialized—covered in a Harvard MBA? When is it recognized that the only reason for making derivative formulas so complicated that a PhD is required to develop it, that maybe not everyone’s best interests are included in the formula?

A few readers panicked at seeing the word socialism mentioned, taking the entire article as pro-socialist when it was only mentioned that when there is no upward movement, for all the innovation that capitalism brings in high growth mode, it slides backwards just as quickly as funding for infrastructure, scientific exploration, healthcare and education dry up, leaving us with insufficient safety nets.

Since we have thirty years of economic data that says trickle-down economics doesn’t trickle all the way down, but tends to float on top, can we take the best of what capitalism has to offer, returning to its practical application? Or, can we do better, creating win-win, instead of win-lose?

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A New Economy

The Organisation for Economic Co-operation and Development (OECD) report cited in Part 1 concluded that, “Cash transfers and increasing access to public services, such as high-quality education, training and healthcare, are an essential social investment to create greater equality of opportunities in the long run.” And they are exactly right. Why? Because capital is put back into circulation. Notice how cutting social services and austerity measures have failed to alleviate capital shortages or generate growth.

If you wonder who is going to pay for a cash infusion and services, you are already paying for it, but so inefficiently that politicians and citizens alike are baulking at the idea even maintaining what we currently have in place—and rightly so.

Most present human activity, including capitalism, is entrenched in short-term gains rather than playing for the long run. War is inefficient; debt-based economies are inefficient; even charitable organizations are not running at peak efficacy as we continue to band-aid the side effects of unsustainable economic activity, rather than addressing root causes.

Again, to acknowledge all the good bits found in capitalism, there are many capitalists who adhere to ethical business practices and only use competition as a means of making sure to provide a unique, fresh angle to their product or service that nobody else is offering (which sounds a little more cooperative in nature). Many a small community is thriving and wouldn’t change a thing.

Whatever economic system(s) we embrace, it must include social agreements, social responsibility, and allow for conservation in equal if not greater measure as we plant the seeds of tomorrow. We are presently living the ongoing results of our failure to adequately address these essential elements.

Why Trickle-Up Matters

Trickle-up economies capitalize from within, beginning at the grassroots level. Trickle-up mirrors nature in that it supports the genius that exists all around us, rather than acting out predatorily. Who starts the trickle? You do.

Trickle-up includes accepting responsibility for being the face of change in the world by supporting paradigms that serve all of humanity, starting locally. When we come together cooperatively, the cost to the individual is very small while the rewards are very large. i.e. Imagine if each of us volunteered just a few hours each month.

Trickle-up business models do already exist, and not as a new form of socialism. Non-profit cooperatives (NPCs) such as food and banking NPCs, employee-owned businesses, private foundations and charities are just a few examples. When you back a non-profit, your investment is returned to you in the form of reduced costs on products or services, and sometimes even in cash. That capital is then pumped directly back into the economy, improving everyone’s quality of life.

In this author’s neighborhood, a credit union is literally depositing $5,000,000 back into its member’s accounts by the first of the year. Subscription food coops are healthfully springing up and non-profit medical providers are thriving—all regardless of economic conditions. These organizations actually are profiting quite nicely, but not at the expense of their employees or other organizations.

Profits are not being pocketed by just a few, but are returned to those who believed in and supported the business’s mission statement—its survival contingent on serving the good of all. What is happening in your neighborhood?

Other examples include crowd funding and open-sourcing. Both encourage transparency, accountability and collaboration in a non-threatening and even exciting environment. Dynamic and responsive, everyone’s genius is recognized, no matter how small the contribution. Efficiency is more quickly assessed in an uninhibited environment. What other constructs can you think of that are trickle-up?

What’s Next?

What is clear is that man-made globally systemic poverty is the result of competing for resources, regardless of what economic flag you wave.  As nano-technology and 3D printing continue to automate manufacturing and reduce labor requirements, humanity will be undergoing another workforce reduction. This transition will terrify those unprepared. So let’s prepare!

In my opinion, a gift economy is truly the only universal economy that serves humanity and the planet. But until then, multiple economic models will continue to co-exist. For those who enjoy risk and wild speculation, venture capitalists can go play with other venture capitalists and compete all you want, but let’s end the corporate socialism. Let’s end corporations profiting off the negative aspects of our culture, and that includes charities whose agendas are self-serving.

In Part 3, we will learn more on how to create a trickle-up economy, beginning with you. To move humanity to the next stage of our evolution, we must learn how to tap into our individual creative genius and collaborate. (Hint:  Your unlimited creative genius is also what creates your unlimited income stream.)

[UPDATE 05/20/15: 5 Banks to Pay Billions and Plead Guilty in Currency and Interest Rate Cases]

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Parts of this article excerpted with permission from the What Would Love Do Foundation Supplementary “Creating a Trickle-Up Economy.” © Copyright 2014.  You may copy, distribute and display such content as long as you mention and link back to the What Would Love Do Foundation and do not change the content or use it commercially.

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Attention Readers: We’ve Moved Our Journalism To The Pulse

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

A large portion of our journalism that you’re used to seeing on our Collective Evolution platform has now moved over to The Pulse. We will be publishing most of our news articles there, while Collective Evolution focuses more on personal development.

You can follow The Pulse on Telegram, Facebook, Instagram and Twitter.  

We’ve done this for a number of reasons, mainly due to the struggles we’ve had with regards to extreme censorship at Collective Evolution. We hope you join us over at The Pulse in our quest to keep doing what we do!

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Abductions & Car Vandalism – Startling Australian UFO Report Unclassified

Gautam Peddada

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

An uncovered Australian report performed by their Department of Defence. “Scientific Intelligence — General — Unidentified Flying Objects” is trending again. Those who have done extensive research on UFOs will find the Australian version of disclosure to be far more intellectually honest than the American version. Albeit it was conducted decades ago.

According to ex-US intelligence official Luis Elizondo, the Defense Department’s Inspector General is presently conducting three reviews. The inquiries vary from the Department of Defense’s handling of UFO claims to Elizondo’s alleged whistleblower retribution. The open IG cases are crucial to Australia’s report because they establish beyond a shadow of a doubt that the US Department of Defense is being dishonest and shady when it comes to the UFO subject. For decades, Australia has been a loyal friend of the United States. Within Australia’s boundaries, they share a military installation (Pine Gap). When a close defense ally’s intelligence agencies determined that the US was not being intellectually honest in its approach, perhaps it is reasonable to conclude that there is more to the tale than the 144 incidents studied since 2004 by the UAPTF.

The CIA became alarmed at the overloading of military communications during the mass sightings of 1952 and considered the possibility that the USSR may take advantage of such a situation.

Australian UFO study.

According to the summary, OSI, acting through the Robertson-Panel, encouraged the USAF to use Project Blue Book to publicly “debunk” UFOs. In a tragic twist of fate, when Australian authorities sought explanations from the US Air Force, the allegation was debunked. The authors of the study were depicted as conspiratorial and even crazy by the US Air Force. Ross Coulthart reported this, and it may be heard in a recent Project Unity interview. Courthart is an award-winning investigative journalist who is drawn to forbidden subjects. He also stated on the same podcast that a senior US Navy official identified as Nat Kobitz told him that the US had been in the midst of reverse-engineering numerous non-human craft. According to his obituary, Mr. Kobitz was a former Director of Research and Development at Naval Sea Systems Command.

Continue reading the entire article at The Pulse. 

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PGA Tour To End COVID Testing For Both Vaccinated & Non-Vaccinated Players

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In Brief

  • The Facts:

    The PGA Tour has announced that it will stop testing players every week, regardless of whether they have been vaccinated or not.

  • Reflect On:

    Are PCR tests appropriate to identify infectious people? Should people who are healthy and not sick be tested at all, anywhere?

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Take a moment and breathe. Place your hand over your chest area, near your heart. Breathe slowly into the area for about a minute, focusing on a sense of ease entering your mind and body. Click here to learn why we suggest this.

The picture you see above is of John Rahm, a professional golfer on the PGA tour being carted off the golf course after tournament officials told him he had COVID. He was healthy and had no symptoms, yet was forced to withdraw from the tournament. He was told in front of the camera’s, and a big scene was made out of the event. You would think something like that, especially when you are a big time sports figure, would be done behind closed doors with some privacy.

Earlier on in June a spokesperson for the PGA Tour said that more than 50 percent of players on the PGA tour have been vaccinated. Although it seems that the majority of players on the tour will be fully vaccinated judging by this statement, it does leave a fairly large minority who won’t be, and that’s something we’re seeing across the globe as COVID vaccine hesitancy remains high for multiple reasons.

We are pleased to announce, after consultation with PGA Tour medical advisors, that due to the high rate of vaccination among all constituents on the PGA Tour, as well as other positively trending factors across the country, testing for COVID-19 will no longer be required as a condition of competition beginning with the 3M Open. – PGA tour Senior VP Tyler Dennis

The tour recently announced that the testing of players every week will stop starting in July for both the vaccinated and the unvaccinated. This was an unexpected announcement given the fact that, at least it seems in some countries, vaccinated individuals will enjoy previous rights and freedoms that everyone did before the pandemic. Travelling without need to quarantine and possibly in the future not having to be tested could be a few of those privileges. Others may include attending concerts, sporting events, or perhaps even keeping their job depending on whether or not their employer deems it to be mandatory, if that’s even legally possible. We will see what happens.

Luckily for professional golfers, regardless of their vaccination status they won’t have to worry about testing positive for COVID, especially if they’re not sick. This is the appropriate move by the PGA tour, who is represented by their players and it’s a move that the players themselves may have had a say in. It’s important because PCR tests are not designed nor are they appropriate for identifying infectious people. A number of scientists have been emphasizing this since the beginning of the pandemic. More recently, a letter to the editor published in the Journal of infection explain why more than half of al “positive” PCR tests are likely to have been people who are not infectious, otherwise known as “false positives.”

This is why the Swedish Public Health agency has a notice on their website explaining how and why polymerase chain reaction (PCR) tests are not useful for determining if someone is infected with COVID or if someone can transmit it to others, and it’s better to use someone who is actually showing symptoms as a judgement call of whether or not they could be infected or free from infection.

PCR tests using a high cycle threshold are extremely sensitive. An article published in the journal Clinical Infectious Diseases found that among positive PCR samples with a cycle count over 35, only 3 percent of the samples showed viral replication. This can be interpreted as, if someone tests positive via PCR when a Ct of 35 or higher is used, the probability that said person is actually infected is less than 3%, and the probability that said result is a false positive is 97 percent. This begs the question, why has Manitoba, Canada, for example, using cycle thresholds of up to 45 to identify “positive” people?

When it comes to golf, the fact that spread occurring in an outdoor setting is highly unlikely could have been a factor, but it’s also important to mention that asymptomatic spread within one’s own household is also considerably rare. It really makes you wonder what’s going on here, doesn’t it?

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Our new course is called 'Overcoming Bias & Improving Critical Thinking.' This 5 week course is instructed by Dr. Madhava Setty & Joe Martino

If you have been wanting to build your self awareness, improve your.critical thinking, become more heart centered and be more aware of bias, this is the perfect course!

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