''In response to the current ecological and financial crises, the call for a more sustainable and fairer globalization is gaining momentum. Building this alternative must begin with a spiritual, moral and ethical understanding of our society and economy, says Kamran Mofid.''
We live in a time of transition, a time when all is changing and being challenged – weather systems, ecosystems, our interaction with nature, our understanding of other beings. We now understand that we are all interconnected and interdependent. Somewhere along the line, our actions as human beings have created enormous instability to the planet and the millions of species who reside here.
Much of which is familiar to us and deemed the ‘norm’ is no longer working and is being challenged. Sometimes change brings with it destruction. Sometimes destruction is beneficial. It can alert us to practices that do not work. With destruction also comes new birth, and new avenues open wide to be explored. There are many choices as to which route to take; the issue is which route is the one that will provide life for all. The golden opportunity presented by the current ongoing crises is to make the right choices that will affect the long term future for us, our descendants and our planet.
There is no denying the fact that we are in a serious state of crises, a crises of our own making, all of us and not the bankers alone. They responded to what we wanted: cheap, available, unregulated money and loads of it.
They in turn were responding to the neo-liberal agenda of the so-called Washington Consensus: Privatisation, deregulation, market forces, liberalisation, low taxation, free trade, and one glove fits all policies and more. No regards, no respect for different cultures, civilisations, religions and history. What is good for America and the West, then, must also be good for everybody else, regardless of all other factors, we were told again and again.
The tragedy is that we have now discovered that what we were pushing on others, which we thought was good for us - the so-called market-forces driven Anglo-Saxon model of capitalism - was nothing but a huge cancerous cell which at the end brought the house of cards down. The emperor has no clothes, so to say.