How Powerful Evolutionary Forces are Transforming Seven Billion Individual Humans Into a Single Harmonious Social Organism

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” — R. Buckminster Fuller   ()>)(      
“Imagine there’s no countries, it isn’t hard to do; nothing to kill or die for, and no religion too. Imagine all the people living life in peace.” – John Lennon ()>)(
“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” — Margaret Mead   ()>)(
“Now there is one outstanding important fact regarding Spaceship Earth, and that is that no instruction booklet came with it.” – R. Buckminster Fuller   ()>)(
“The finally victorious way of looking at things will be the most completely impressive way to the normal run of minds.” — William James    ()>)(
“The greatest challenge to any thinker is stating a problem in a way that will allow a solution.” – Bertrand Russell          ()>)(           
“The desire to question and change things comes from the healthiest part of you.” – Gene Tashoff           ()>)(
“The essence of The Coalescence is connectivity.” — Walter Szykitka                ()>)(
“The answer, my friend, is blowin’ in the wind.” – Bob Dylan                ()>)(
“This ain’t no foolin’ around.” – David Byrne                ()>)(
“Money is the root of all evil.” – Jesus                ()>)(
“Love conquers all.” – Virgil                ()>)(
“All you need is love.” – The Beatles            ()>)(
“Music will be thefinal uniter.” — Walter Szykitka


The economic system, that is, the actual production and distribution of goods and services, is one thing; the financial system that controls it is quite another.

Unfortunately, the two concepts have become conflated under the single rubric of “economics.”
Contributing to the conflation is the practice of economists to pontificate about finance rather than economics.They don’t talk much about agricultural challenges or construction methods or manufacturing practices or distribution networks beyond their possible impact on the financial system.It would be better if they called themselves financialists. An unfortunate consequence of this conflation is its contribution to the widespread belief that the two are so intertwined that we can’t have one without the other.


imagining an economic system free of the constraints of finance quickly reveals enormous positive potential, while at the same time casting a spotlight on the role being played by the financial system as the primary source of economic dysfunction and social chaos.

There is little doubt that, with our understanding of the physical, chemical, biological, and electromagnetic forces operating on this planet, we have the potential for implementing an ecologically and environmentally sustainable economic system capable of providing every individual on the planet with all of life’s essentials.What is also clear is that we will never have a universally accessible economic system, as desirable as that may be, as long as the financial system remains in control.

The financial system, which prides itself as the lifeblood of the economy, is revealed as the inhibitor rather than the facilitator of economic activity when an abundance of human and natural resources is available to be applied against severe humanitarian needs but cannot be moved for lack of available funds.

In the 1960s, R. Buckminster Fuller, the brilliant futurist whose many designs included the geodesic dome and who understood early on that we are all passengers and crew members alike aboard Spaceship Earth, estimated that 60 percent of the jobs in the United States produced nothing of life-sustaining value.
Fifty years later, it feels like 80 percent.

With non-productive finance system workers (bankers, lawyers, accountants, etc.) and their support staff (cashiers, meter maids, bill collectors, etc.) outnumbering the productive economic system workers (farmers, carpenters, doctors, etc.) by a ratio of four-to-one, or more, the world’s largest and most advanced economy is responsible for an enormous waste of human and natural resources.

The envy of the developed world and the role model for the developing world, the gold standard of financial control, is a control system that is itself out of control.

Sooner, better than later, we will have to confront the fact that the financial system is not the solution to our problems; the financial system is the problem.

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Updated: December 13, 2019 — 5:26 PM


Add a Comment
  1. Well said! This is a very clear formulation of the problem–financial vs. economic.

    Perhaps I sent this along earlier, since etymology can be very revealing: Wikipedia: The English words “economy” and “economics” can be traced back to the Greek word οἰκονόμος (i.e. “household management”), a composite word derived from οἶκος (“house;household;home”) and νέμω (“manage; distribute;to deal out;dispense”) by way of οἰκονομία (“household management”).

    Then there is this, also from Wikipedia: Due to the growing importance of the financial sector in modern times, the term “real economy” is used by analysts as well as politicians to denote the part of the economy that is concerned with actually producing goods and services, as ostensibly contrasted with the paper economy, or the financial side of the economy, which is concerned with buying and selling on the financial markets.

    1. Christine Bennett

      Dear Anya ~ thank you for reminding me why I looked for Walther Szykitka on Wiki.

  2. Walter,

    As always – it is a pleasure to hear your thoughts on these matters! I thought this was a brilliant exposé on the exposure of something that we all take for granted. The very fact that financial roles outnumber those of economic 4:1 is a sign of how outrageously mismanaged our system has become.

    I’m curious, how would you see the role of lending and capital procurement for new businesses, community farms, etc. playing out without the role of the financial?

    Keep up the good work!

  3. Christine Bennett

    Dear Greg ~ did Walter reply? It is easy for us to forget that he, like Noam Chomsky, is elderly and may not have all the energy required to save the world all by himself.

  4. Bookmarked your website for easy access! These articles are great

  5. This is a great post! Thanks so much for sharing!

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