global inter investing
TRANSCRIPT
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8/2/2019 Global Inter Investing
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Imbalances
Trade FlowsFinancing AccessWealth AccumulationResource AccessIncreasing Number, and Magnitude, of Financial,Social, Ecological Crises
Public Finances
Legal Systems
Corporate Charter > Lacks social + ecological mandateFiduciary Responsibility (search for returns)Fiat Currency (vs. Commodity Money)Fractional Reserve BankingInterest Rate ProblemFederal Reserve Systems Run by Private BanksRisk Control Systems Behind DevelopmentsDollarHegemony (Predominant Trade & Bank Currency)Dollar International Reserve Currency
Beliefs
Green or Social Activities = CostsMoney Required to Secure Social and EcologyIndustrial Processes Embedded in Global CultureHi-Technology RequiredCentralized Systems Better Than DecentralizedSpeculation AcceptedEconomies of Scale Reduce Total CostsHi Capital Required for System FunctionInequity is InevitableMonetary Wealth a Key Measure of Success
Corporate Interests
Multinationals Exercise Global PowerPower Consolidation in Industry and PoliticsNational Politics Increasingly Driven by Corps.Trade Rules Heavily Influenced by Corps.Mass Media Used to Validate Own InterestsPublic Research Funding (Conflict of Interest)Short-term oriented (to meet market expectations)Bank as Primary Financial IntermediaryPension Funds Must Grow to Meet Rising Demand
Global Interdependencies:
Challenges to Global Investing
Primary Growth Drivers
Capitalistic SystemsFractional Reserve BankingInterest ProblemCorporate CharterFiduciary Responsibility (search for returns)Non-Productive Products and Services
Economic Systems
Orthodox Economics Holds MonopolyUnlimited Economic Growth FeasibleResource Scarcity Solved Through Market TransactionsHigh Amount Global Money Flows and Many Instruments UsedCapitalism Principal Global Model (Capital Accumulation)System Where Rules Required to Protect Public GoodsSystems Require Growth (Increased Value of Traded Goods/Services)Measuring Economic Growth (GDP)Principally Monetary Includes Non-Productive Products + Services (e.g. Defense; Illness)Resistance to Alternative Metrics (e.g. Green GDP; Happiness)
[email protected], 18.02.2012