morality, money and climate mobilization
TRANSCRIPT
MORALITY,
MODERN
MONEY AND CLIM
ATE
MOBILIZATIO
N
M I CHAE L H
O E XT E R , PH . D
.
TO ACT EFFECTIVELY AND RAPIDLY ON CLIMATE WE NEED TO BUILD A
LOT OF NEW STRUCTURES/EQUIPMENT THAT CUT
OUR EMISSIONS
THE CLIMATE MOBILIZATION, REALIZED, WILL BE HUGE NATIONAL/INTERNATIONAL
BUILDING PROJECT
WHILE THERE WILL BE A LOT OF VOLUNTARY WORK INSPIRED BY MORAL
COMMITMENTS IN THE ENORMOUS PROJECT TO STABILIZE THE CLIMATE…
TO MOBILIZE LABOR AND MATERIAL PEOPLE NEED TO BE PAID…
MONEY IS EITHER CREATED BY BANKS IN THE FORM OF LOANS
(THAT NEED TO BE REPAID WITH INTEREST…BANKS ARE PROFIT-DRIVEN
BUSINESSES)…
OR CREATED BY THE US FEDERAL GOVERNMENT BY SPENDING MONEY (DOESN’T NEED REPAYMENT…NOT A
BUSINESS)
THE NEW DEAL AND WWII MOBILIZATION WERE PAID FOR WITH
FEDERALLY CREATED MONEY
BUT THE FEDERAL GOVERNMENT ALWAYS HAS CREATED MONEY FOR
PUBLIC PROJECTS AND SERVICES TO THIS DAY
CREATING MONEY TO SPEND IS PART OF THE DAILY OPERATIONS OF
THE FEDERAL GOVERNMENT
THE FEDERAL GOVERNMENT ALSO TAXES AWAY MONEY (DESTROYING
THE MONEY)
THE STATE OF CALIFORNIA AND CITY OF SACRAMENTO USE TAX DOLLARS
TO PAY FOR PUBLIC SERVICES…FEDERAL GOVERNMENT CREATES
THEM (DOESN’T PAY ‘USING’ TAXES)
BUT HOW AND HOW MUCH GOVERNMENT SPENDS AND TAXES MONEY IS ALMOST ENTIRELY DETERMINED BY
POLITICS….HTTPS://WWW.YOUTUBE.COM/WATCH?V=DNCZHAQNFGU
AND MORALITY
(ESPECIALLY AFTER 1971 WHEN THE GOLD STANDARD WAS ABOLISHED)
THIS IS “MODERN MONEY”…RECOGNIZES THAT MONEY IS BACKED BY “FULL FAITH AND
CREDIT” OF ISSUER (US FEDERAL GOV’T FOR THE DOLLAR)
IF THERE IS A WAR (NATIONAL DEFENSE) THERE IS ALWAYS
ENOUGH MONEY
OUR FEDERAL BUDGET IS A RESULT OF OUR POLITICS AND MORALITY
(VALUING NATIONAL DEFENSE ABOVE ALL ELSE/POWERFUL
INTEREST GROUPS)
A NATION’S SPENDING PRIORITIES REFLECT OUR MORALITY, WHAT WE VALUE AND WHICH GROUPS/PEOPLE
WE ALLOW TO RUN OUR GOVERNMENT
POPE FRANCIS HAS BEEN A LEADER IN POINTING OUT OUR MORAL
DUTIES TO PROTECT OUR COMMON HOME
TO CHANGE OUR GOVERNMENT SPENDING WE NEED TO TURN OUR
MORAL VALUES INTO POLITICAL ACTION
OUR GOVERNMENT WILL NEED TO SPEND TRILLIONS OF DOLLARS TO HELP US KICK OUR FOSSIL FUEL
HABIT
BUT IT IS JUST A MATTER OF 12 MORE KEYSTROKES IN A COMPUTER FOR THE FEDERAL GOVERNMENT TO SPEND $1,000,000,000,000 VS $1
ON CLIMATE ACTION
PLUS
OUR WILLINGNESS TO ORGANIZE POLITICALLY BASED ON OUR MORAL CONVICTIONS ABOUT THE CLIMATE
THREAT
THE SPENDING DOESN’T HAPPEN WITHOUT POLITICAL PRESSURE AND
PUSH-PULL WITH POWERFUL INTERESTS
THE CLIMATE MOBILIZATION IS A PLACE TO PUT THOSE MORAL CONVICTIONS INTO ACTION
PLEDGING TO MOBILIZE IS A FIRST STEP ALONG A PATH TO
PRESSURING GOVERNMENT TO PROTECT US AND OUR CHILDREN
THE CLIMATE MOBILIZATION IS DEVELOPING MORE POLITICAL TOOLS TO TAKE US FURTHER
TOWARDS BUILDING WHAT WE NEED
MORE INFO
THE CLIMATE MOBILIZATION:http://www.theclimatemobilization.org
MODERN MONEY: http://neweconomicperspectives.org/modern-monetary-theory-
primer.htmlMY RECENT WRITINGS:
http://neweconomicperspectives.org/category/michael-hoexterEMAIL: