The definition of economy, as explained by Wikipedia.com. is, "...the exchange of goods [and services] occurr[ing] through social relationships". So, basically an economy is like a system of trading. Imagine billions of people trading goods and services all over the world. Economy is like blood circulating around the globe. Therefore, a healthy flow is important for everybody. Is money (currency) helping us maintain or develop a healthy flow? Wouldn't it be nice to have true-good-love flow around the world? It seems that money and Love don't usually blend together well, much like oil and water. The economic crisis is increasing everywhere. We are always demanding something from others for our own personal gain, forgetting to give. This characteristic of human nature leads us to raise the debt. Greed causes us to cheat in our trading activities. It pushes the economy to crash. How can we ever improve the economy? How can we improve the health of trading goods and services? For years students have been studying economics to understand how various economic systems work. Is there an economic system that strongly focuses on injecting true-good-love into the flow of trading activities? Can true-good-love help create sustainable economic growth in a healthy way? Here are two stories that show how integrating love into the economy can make the difference:
At one of the local convenience stores, a thirsty dude went up to a soda dispenser, grabbed a huge cup and filled it with ice. Then, he realized that he had filled up his cup with too much ice, so he dumped some of the ice into the drain container. But some of the ice fell to the floor. The clerk saw what happened and gave him a dirty look. The customer filled the cup of ice with soda to the fullest level possible. However, the carbonated beverage fizzled and overflowed the cup. After taking several sips, the customer placed a lid on the cup and finally added a straw. His actions made the clerk furious. The customer went up to the cashier area. Without a word, the clerk gave a dirty look while pointing at the cash register's display showing the total due. The customer pulled out his wallet and found out that he was a penny short, so he asked the clerk if he had a penny, hoping the clerk would let him go. The clerk responded, "NO!" Then, the customer got mad and threw another dollar bill on the counter. The clerk took it with much anger building up inside him and then dumped the customer's change on the counter, almost causing the coins to fall to the floor. Slamming his palm down, the customer swept the coins to himself. He said with a raised voice, "YOU CAN HAVE THE PENNY!" as he walked away, leaving a penny behind.
A happy woman named Lisa, who lived on a fixed income, carefully handmade a beautiful sweater that took her many months to complete. She was so proud of her work. The craft became her most valued item. She decided to put it away for safe-keeping. Later on, she made a new friend named Pat. They became long time special friends. Unfortunately, Pat had to go far, far away and the two women understood they might never see one another again. Before bidding farewell, Lisa ran to get her most valued handcrafted item and offered it to her special friend. Pat immediately knew this item had so much value to Lisa. It touched Pat's heart and soon she was reduced to tears. Pat also gave a precious item of hers to Lisa. They both embraced deeply with a sign of true-good-love before Pat disappeared from Lisa's sight.
Both of these stories are about two people making a trade. Imagine comparing the two stories as if they were happening to everybody all over the world. The world economy would be completely different depending on which of these two stories represented it on a smaller scale. Maybe it is not strictly the job of the economist, but everyone's job to change our economy. If we make daily efforts to change our trading habits to more loving ways, daily news of the economy would be much brighter. How can we start improving our economy? If we truly care about having a good economy that would benefit the daily lives of our loved ones, and everyone, let us start today to trade with love. I know it may sound weird, but economy can be beautiful!