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rnvasrrrrenl pays. We ran also rrralre il rm so be serially
rrresporrsrale by wrshdrawrng inveslmenrs lronr
unelhical groups Soc-Hy ssnsrhve inverlmenls “0|
only pay beseer, bur are harlully an rnsuranre agamrr
lrarher shan susceptibk lo) ssoek marker eraahes, as
loeal laeibries are always sonporranr in hard bmer, and
ideal rnvessrnenss do nos raash.
As money begins so now lo regional and sodafly
responssbie runds, even lhose people nos personally
persuaded on she need so rnvesr in she lurure will hays
eause so rhrnk aboul inveslrng in unerhreal syssems
lrour which publrs and llnanrral supporl rs being
wishdrawn, Pursued vigorously as a srralegy,
rmwesmluu in eshreal syslems ran ehange she mlal
dueedon oleaprral now lowards beneheral syslerns
WWW
xeeemly “ludrwurld debs lheavrly dueounsed by lhe
ereduor bank as a poor "ll/ml, so rhas mall buy
slmlhooo or debs lor 5120mm ol eashl has been
purehased by eonseryasiomssr lvia a randeduesrble
buss snrh as she World Wildhle Fund, or one ol many
ronservasronrss soereoess Far shrs debs, she rrusr asks
nos lor repaymrnl ol rapual and rnseress in hard
runeney. bus in [ml or werland ages in line deblor
rounrry
ln lhrs way, everybody benelrss. she banlo, rhe debsor
nasron. she envuunrnenr, and she purehaserr. moreover
sho wildlue and loresr reserves so purshased can be
sensruvely developed lor rrarure. soonsm and researeh
rarher shan berng all down lor debr repaymenr The
whole world benelrss rrorn soresrs, and surh benign
suarrgres need so be operand on she ended possible
sale Thu rs run so drlllcull, as almosr every wolld
narlon errepr perhaps lapan, bosswarra sdrarnondsl.
and Nauru srork phospharer is roday a debrbr naoorr
and lew have any hopeol repaying lherr debss—sueh rs
rhe srnprdrsy algoremmenss and banks rhas (nva| m
eorrnpllon and espiolrasion (note shar erhloal lunds
dunt share in she ssoek marker cubes lsshey hold real
assess shas suppon sell-«llama.
is is also possrble l0 deposir lunds wrrh a rare
deduerrble sruss, whreh purrhases errlrral or speeres
rirh areas diseoonsed by larurer debs or by misuse or
ovarumng ssalled and eroded lands» By pumng aside
a sum lor manager-sens, income can be made lrora
wildlrle reserves, seed, or new loresls in she ease ol
eapable larrners, lhey ran rhemselves be appornred as
«managers, and nrany would gladly ikvpl shrs role
in resrorarron and aarrh rare, Many good laraners are
made bankrupr by rrysng so rulore land so hulm'
lrrveslors ean do she same lor a publre (lurrpmfit)
rrusl shar reassesnes us share prises annually As a
properey is developed wish lakes, loresss. and wrldlile,
so lrs valut increases, and she rnereased share value an
be sraded. ll rs rn such resrorasr n work lhal
managerneal learns lsome ol rhem wmveslols, by an
issuz ol shares lor labourl can Isl shelr rehablluasson
skills, as oullined ln rhls book and elsewhere in she land
realm-shun liserasure,
554
Company sakeoyers or raids are olren used ro enrich
nrrhless lndividunls by wassessorpony—selling off a
pablie companys assess and keeping lhe prolrls,
regardless of «he euesss on she work lake or naoonal
my, However, she sarne mellrodolrrgy ran be used
by eonservarionmrnded lakeovrr learns, who 'slnp”
polluring eompa es, and develop land and urban
assess lo serve she needs of she sooesy and ol nahrre
Many larlrng logging eompanies have yasr areas as
degraded lands surled so small lorerr larrn aperauoro,
and wmldrbe lmfik larmers would love so manage a
srrrall area or loresl properly, as would many “month
all bosanuls and aeademies who hare long known how
ro develop a loresl lor dernal yield, bus never had she
land or eapiral so do so
By sheeand osher merhods, she publreean ssarr lo go
in work vsa she normal linanrlal and marker prosedores
ol she rapilalisl world roses ureirenvirunrnenr in order,
so preserve speeres, and lo edurase and srarn an
elloehre walk loreo in assuming ronsrul lor good
purposes,
mu AWRUACHB TOFINANCE IN 500m
Margol Kennedy (in a manusenps Tommi ml :rrlrgrrul
:ranorny, moury, land and lar rrlurrrrs, On, my rs
eanyrneed lhal an Inlemanv linaneaal syslem rs an!
only she solesuslarnable medrurn lorerrhange bus lhal
sueh a "no growlh" lisras sysleor encourage) and
preserves all narural resourees || would as one srroke
abolish lhe rundrhorr where slur shrrd world and she
poor in amuenl eounlrres pay ous rnore rn rnlrresr lharr
rs has ruelved rn loans, preyenr she grow-h ol a
rnrhoruy wealrhy elue, and slabilrse resouree use
in ererylhrng we use shore are hrdden rnleresl rosrs
abaus 129. ol garbage rollerlron rharges, 3w o1
drrnkrng warer eharges, and 779. ol social housrng
rharges are areounrablr as rnseresr The gains go so she
rich or Isendus, and she losses so she poor or borrowers
even lhough she will may provrde she wealsh bl lhelr
labour llhe prudmlmrl spheres lhrs wenlsh is removed
by rruersss eharges in she hreal or erreulrrunrr spurn-
Thus, weallh used by unerhrral rnvesrrnenl slrrsegres is
raprdly sranslrrred vra global slork or money rnarkms
lo rnosl ellroemly erplorl she pour: a wry sommens on
she people dmsmg or mnningsuch syssems
The gross irnbalanee ol wealsh prumeues my
spending in eaprral-ronsumrng bus publrely paid
inserbnensa lbrg dams, brg power srariorrs, big housing
eorporalioral where goyernrnenls reler lhe rods m llre
people, in she end, only milrsary lwassel lunding our
use all rhis misbegmen wealsh So, sensible small-ale
and rosr—eiieerive soluoons are prevenled or aouvely
discouraged by gorernmenss and fiscal managers alike.
wish no or very low mlensl rzlu, people buy goods
as a nerdy rare, and mduslru-s do nlx need «I be geared
to rope with she finch-Imus rn nrarkes eaused by she
swings inherenl in a global money supply whleh
ssarrres some regions and floods olhers wllh only a
prom mouve in mind These goods or servieea need