What are we greedy for?
by Charles Eisenstein
Posted March 5, 2016
The lender is fundamentally someone who has more money than he needs right now (that’s why he has the funds to lend), but instead of saying, “I don’t need it right now, you use it,” he says, “I’ll only let you use it if I end up with even more.” It fits right in with the mentality of scarcity and control. It fits in with a life experience that has taught, “There isn’t fundamentally enough. You have to grasp for it, ensure it, control those outside of you so that they will continue to meet your needs. Because if you don’t, your needs will not be met.” Because, most of us have not had enough of the experience of our needs being effortlessly met.
This psychology of interest, writ large, forms the playing field upon which the bankers and CEO’s and pension fund managers and politicians and even the small savers operate. Certainly, some of these take the greed to appalling extremes, but even without the shenanigans of JP Morgan and Goldman Sachs, the financial imperative to convert all natural and social capital into money would continue. The megabanks and hedge funds are the cleverest and most ruthless game-players, but the result – ecocide and impoverishment – is written into the rules of the game. More…