I promised more from The Great Reset by Richard Florida, and this is a part I found quite intriguing, from page 111: “At the hear t of the current crisis is a fundamental confusion about the nature of wealth,’ writes the Economist. ‘Were an extraterrestrial to be shown a room full of gold ingots, a stack of twenty dollar bills or a row of numbers on a computer screen, he might be puzzled as to their function. Our reverence for these objects might seem as bizarre to him as the behavior of the male bowerbird (which decorates its nest with shiny objects to attract a mate) seems to us.’ Real wealth is based on the goods and products we wish to consume or of things (factories, machinery, an educated workforce) that give us the ability to produce more such goods and services.’ Finacial assets, on the other hand ‘arise from the desire to postpone consumption so that money can be saved, either for precautionary reasons or to invest so that more goods and services can be consumed in the future.’ ”
He goes on to say “It’s time we stop confusing the practice of moving money around with generating real wealth. If we want to prosper again, we’ll need to move the economy away from finance capitalism and back toward the aptly dubbed real economy – investing once again in technology and human capital along with the new infrastructure that can make long-term economic growth possible.”
I heard a joke/story once about a rich guy who goes to some latin American country and is impressed with the cab driver. He excitedly tells the cab driver that he could help him build his own taxi business – he could have other guys working for him – he’d be rich! He goes on to tell him that once he’s rich he can do whatever he wants! But the cab driver tells him “what I want is to be with my wife and my children and to be able to take my little boy fishing. And—- I do that now.”
We work more and more at jobs we like less and less – and even if we don’t then buy stupid stuff to make us feel better – we are often postponing joy. I didn’t work from 20 November til 1 March – and while I DID go to Pennsylvania to visit part of my family for New Year’s I could have also gone to LA to visit my brother . Or even taken up the generous offer from some Irish friends and headed over to Cork – Chris & Mark said if I supplied the plane ticket they’d supply everything else. But I didn’t want to touch my savings, being a frugal type and all….
One of the blogs I read, which I mention here is Gretchen Rubin’s “The Happiness Project” and it reminds me that life is short and to be here now. To seize the day.
wealth, I believe is, in many ways a state of mind. One of my heroes is Peace Pilgrim. She didn’t have money or stuff, but I think she was pretty rich.
I’m very rich in what matters – health, family, friends, a dear wee cat, work I mostly enjoy, LOTS of creative pursuits lately. Oh my happiness bank book could use a girlfriend/partner – but even if Ms. Right never stumbles into my life I’d have to say I’ve got a good thing going. The happy part is knowing that.
Maybe this “great reset” as Richard Florida says will wake more people up to what matters. “life is short” is a fact, not a bumper sticker. We truly have to seize the day.
I always think of how people who spend lots of money on useless crap are missing the point, but writing this post helps me to realize that in situations such as I was in this winter – not travelling to see family or friends because i was unemployed (even though I had a year of living expenses socked away) I’m being just as nutsy, but on the other end of the scale.
Maybe the Great Reset (the event)/ or Uranus entering Aries (I keep promising I’ll write an astrology post soon…) are just clarion calls. Inviting us all to ‘dream another dream.’
My favorite novel of all time is Siddhartha, by Hermann Hesse. It’s the story of Siddhartha Gautama whom we call Buddha. Every time I read that book the ending just blows me away. Siddhartha, having been a prince, a mendicant monk, a rich merchant becomes a ferryman (if it were in the current era he’d be a taxi driver…). The joy and completeness he gets from “Being Here Now” (as Ram Dass wrote, back in the day) is exquisite.
So when you read the doom and gloom crowd who seem to be echoing Bruce Springsteen’s “My Home Town” in their cries of “these jobs are going boys, and they ain’t coming back…” remember, real wealth is something different. And nature abhors a vacuum – I do believe that’s true. So there’s something else coming. And if Richard Florida is right, what follows a Big Depression is a period of rampant creativity. I’m in!