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Three conditions are suggested for establishing a stable financial system: 1. Only digital money is used. 2. The Internet of Things (IoT) uses a sustainable service of nature essential to maintain the well being of the environment and humans in each region of the planet to automatically...
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Three conditions are suggested for establishing a stable financial system: 1. Only digital money is used. 2. The Internet of Things (IoT) uses a sustainable service of nature essential to maintain the well being of the environment and humans in each region of the planet to automatically...
Persistent link: https://www.econbiz.de/10012894728
This chapter explains how the generation of renewable energy and the creation of sustainable communities can guide capitalism to survive climate change on a self-reinforcing basis. The process depends upon introducing an ecological “use it or lose it” rule for owning money, land, buildings...
Persistent link: https://www.econbiz.de/10012945816
All social relationships and the coordination of any activity between humans depend upon the transmission, reception, storage and processing units of information measured in bytes. Bytes provide a basis for grounding the study of social relationship and institutions in the natural sciences...
Persistent link: https://www.econbiz.de/10014112701
Renewable energy can become a fraction of the cost of burning carbon to generate electricity in communities that use money that has a usage charge described as "demurrage". As with Islamic banking, demurrage money eliminates discounting future values from the ability of earning interest today....
Persistent link: https://www.econbiz.de/10014051495
Unlike leaders and scholars in the rest of the world, at least one Chinese leader and a Chinese scholar have identified the need to establish economic democracy as basis for introducing political democracy. Economic democracy also increases survival for the many by reducing environmental...
Persistent link: https://www.econbiz.de/10014160868