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Critcal Sectors - Four economic sectors; money & banking, energy, healthcare, and food production, combined with government are the foundations for modern age societies.
Money & Banking – Central banks like the Federal Reserve must expand the money supply to allow for economic growth, this is done by printing money and issuing that same amount in government bonds. Commercial banks then use fractional reserve lending to further expand the money supply. This is debt for a nation, and the interest will require a future expansion of the money supply.
Energy – Fossil fuels are essential for economic growth, but they pollute, concentrate power and wealth in unstable regions, and require expensive ongoing mining, drilling, refining, and distribution operations. Easily accessible sources are being rapidly depleted. Remaining reserves are costly and time consuming to extract and will not be enough to meet the world’s growing energy demands.
Healthcare - U.S. healthcare costs exceed $2.5 trillion, 2.5 times the average of all the economically developed countries. Yet despite costs run-up’s the U.S. population’s health ranks among the bottom half of these countries. Retiring baby boomers with rising levels of chronic and obesity related disease will continue escalating costs priming healthcare as the next big economic bubble.
Food Production – The standard American diet (SAD) is heavily processed, refined, and laden with addictive levels of salts, sugars, fats, and multitudes of chemical additives. The food is also much less nutritious than decades ago. Consumption of SAD in the U.S.is causing an obesity epidemic and an increase in obesity related disease like heart disease and Type 2 diabetes.
Government - Politicians are becoming increasingly beholden on corporations and other special interests groups for campaign contributions and re-election. These same corporate interests spend hundreds of millions in lobbying each year to acquire favorable legislation. This results in a ten fold return in government contracts, reductions in regulations, tax relief, and government subsidies.
A New Paradigm - These vital sectors for society are becoming unsustainable and require change, Resistance to change is significant. Therefore, instead of trying to fix the existing decaying systems, let’s simply create new ones.