This article attempts to make some sense of what is happening to the role of money and the economy in our lives and in our communities. It shows that the picture provided by the discipline of economics makes no sense at all. Corporations and national economies have become wealth extractors as opposed to wealth creators. Only about 3% of daily financial flows around the globe have any meaningful connection to the production and distribution of goods and services or to direct (...) productive investments. Free trade is restricted to the flows of goods and services, but it is forced trade to people and communities. Such flows ought to serve them, but under free trade they are permitted to do more harm than good. These developments have transformed the role of money and the economy into wealth extraction or what may be regarded as antimoney and an antieconomy. The implications are far reaching, and require urgent attention if the present human, social, and environmental crises are not to be intensified. (shrink)

The role tradition played in preindustrial societies has been supplanted by the decisions of countless specialists organized by means of an intellectual and professional division of labor shaping a knowledge infrastructure that sustains these decisions. Three limitations of this knowledge system are discussed: (a) on the macrolevel, it imposes an end-of-pipe approach for dealing with the undesired consequences of decision making, rarely getting to the root of any problem; (b) on the microlevel, individual practitioners of a specialty are trapped in (...) a triple abstraction, leading to a poor ratio of desired to undesired effects of their decision making; and (c) on the intermediate level, it bars the road to genuine solutions to many difficulties faced by contemporary civilization. In this first of four articles, the beginning of a response is developed for the profession of engineering, which will be paradigmatic for other professions, the social sciences, and the university as a whole. (shrink)

In his classic work, _Wholeness and the Implicate Order_, David Bohm develops a theory of quantum physics which treats the totality of existence, including matter and consciousness, as an unbroken whole. David Bohm presents a rational and scientific theory which explains cosmology and the nature of reality; written clearly, and without the use of technical jargon, it is essential reading for those interested in physics, philosophy, psychology and the connection between consciousness and matter. David Bohm was one of the foremost (...) scientific thinkers and distinguished theoretical physicists of his generation. His best-known works include: _Quantum Theory_,_Causality and Chance in Modern Physics_ and _The Undivided Universe_. (shrink)

In this classic work David Bohm, writing clearly and without technical jargon, develops a theory of quantum physics which treats the totality of existence as an unbroken whole.

The strengths and weaknesses of current energy planning can be attributed to the limited economic, social, and environmental contexts taken into account as a result of the current intellectual and professional division of labor. A preventive approach is developed by which the ratio of desired to undesired effects can be substantially improved. It takes into account supply-and demand-side options, renewable and nonrenewable sources, and net energy availability. Alternative energy must be considered within such a strategy, which carefully examines its effects (...) on society and the biosphere. Intellectual barriers are identified, and ways of overcoming them are suggested. (shrink)

The hypothesis of an antieconomy developed in part 1 is incommensurate with mainstream economics. This article explores three reasons for this situation: the limits of discipline-based scholarship in general and of mainstream economics in particular, the status of economists in contemporary societies, and the failure of economists to accept any responsibility for the consequences flowing from the application of their theories. Politicians are unable to resist their economic advisors who speak in the name of science, with the result that the (...) democratic process in relation to economic issues is essentially paralyzed. (shrink)