The problem, in a nutshell, is this: The old economic model has utterly failed us. It has destroyed our communities, our democracy, our economic security, and the planet we live on. The old industrial-age systems – state communism, fascism, free-market capitalism – have all let us down hard, and growing numbers of us understand that going back there isn’t an option.
But we also know that transitioning to some kind of a new economy – and, probably, a new governing model to match – will be a civilization-wrenching process. We’re having to reverse deep and ancient assumptions about how we allocate goods, labor, money, and power on a rapidly shrinking, endangered, complex, and ever more populated planet. We are bolding taking the global economy – and all seven billion souls who depend on it – where no economy has ever gone before.
Read also: The Rise of the New Economy Movement