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Club Spotlight - Free Digital UniversityINDUSTRIAL AGE DILEMMAS vs
INFORMATION AGE SOLUTIONS

Club Spotlight - Free Digital UniversityThe Industrial Age economic model creates money out of thin air and requires the living people and the Earth pay the bill in labor and natures resources. When peoples labor pays the bill a debt crisisis eventually created with poverty the inevitable result;
when nature pays the bill the environment is damaged.

Only a few hundred years old, this economic model based on competiton and conflict has left our children a legacy of debt and a withering planetary environment.
“According to UNICEF, 30,000 children under the age of five die each day due to poverty. That is about 210,000 children each week.”
The developing world now spends $13 on debt repayment for every $1 it receives in grants.” ~ Global Development Finance, World Bank,
An analysis of long term economics shows how the distance between the richest and poorest countriesgrew during the Industrial Age:

1. 3 to 1 in 1820
2. 11 to 1 in 1913
3. 35 to 1 in 1950
4. 44 to 1 in 1973
5. 72 to 1 in 1992
From 1990 to 1997, developing countries paid out more in debt service (interest plus repayments) than they received in new loans - a total transfer from the poor South to the rich North of $77 billion
"What an astounding thing it is to watch a civilization destroy its self because it is unable to re-examine the validity, under totally new circumstances, of an economic ideology." ~ Sir James Goldsmith
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Image Information Age tools can relieve pressure on people and the environment.

Achieving this goal will require a common global community where even the poor can access digital wealth using a free peer to peer Information Age economic system where "value" is created from human elements of creativity (music, words, art) rather than natural resources.

A equal system where one can shoot an animal video instead of an animal, and provide wealth for their family earned by digital sales to a global audience. Prosperity Program in conjunction with Peace Portal Humanitarian Trust, and the FDU can meet this bold goal.
"If the Internet is going to become the engine of global commerce it's cracked up to be, it needs a currency it can call its own - a currency as nonproprietary and international as the Internet itself." ~ Wired



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