Presently, our economic systems are pegged largely on oil and other fossil fuels; and the economic systems of the world are teetering on the brink of collapse, even as the stability of these depleting systems is called into question.
With the prospect of affordable, clean energy technologies now emerging onto the scene, we should also ponder the prospect of new forms of economic stability based on these new, abundant, inexhaustible technologies.
That is where Mike Upstone is coming from, and as a brilliant mind and networker, he is making waves in the economic systems of the world, coming up with some great banking solutions that follow the same principles that we see in clean energy: distributed, rather than centralized, for example, working from bottom up.
I was so impressed with his thought processes along these lines that I recently had in interview with him to give him a chance to articulate some of his thinking.
Mike's bio is quite interesting and diverse.
Briefly, he began at age 21 working as a management consultant for FTSE 100 companies (the UK's top 100 companies), as a result of taking IQ and other extensive tests. He also worked as a Market Analyst Jane's Defense Weekly -- the U.S. military publication - prior to attending the British military academy, Sandhurst, where he began training as an Army officer before a premature departure due to injury. Then he got involved in photography, where he won awards for digital technology breakthroughs and works, which led to quality guidelines and standards used by industry giants like Adobe.
In all his work, he has gravitated toward the writings of the late W. Edwards Deming, who has quite a movement around him, similar to what we might imagine around Ron Paul in 40 years from now.
And in the past couple of months, it's as if a flood of contacts and networking has unfolded for Mike in the process of coming up with alternatives to the corrupt economic systems around the world, everywhere from low to very high-level players who have woken up to the corruption and wish to be participants in something that is more sustainable -- based on principles of freedom, foremost, as well as integrating principles of individual responsibility, stewardship, and shared responsibility for the outcome of human civilization, recognizing that we're all in this together, and we are all part of the God essence, working for a better world.
One of the things that struck me most poignantly was that there isn't going to be just one solution that everyone is going to have to agree with; but that there will be many solutions that will be synergistic with one another.
The best analogy I can think of for this is how there are many exotic clean energy technologies emerging -- any one of which could provide a major solution to the energy and economic needs of the planet. Not only do multiple solutions provide redundancy, but they provide an accelerated means by which we can address the problems. There is plenty of room for many players with many solutions -- both in terms of energy and in terms of economic solutions.
The future is very bright, notwithstanding the dark thunderclouds presently on the immediate horizon. Mike's optimism is contagious. He sees a lot of winners coming out of the crisis we're going through. "People will come through this with a sense of oneness, empowerment , and illumination."
It works on a systemic approach, which mitigates individual weakness and draws from the wisdom of the crowd, and the goodness that lies therein.
He agrees with Adam Smith, that there needs to be a level of competition. We can live in great abundance, with wars being rendered unnecessary.
He also agrees with Gerald Celente's view on productive capacity that free energy emergence brings to the world. Energy is requisite for everything we do in our modern society. Things should naturally cost less and less over time.
Currencies need three attributes: 1) the ability to circulate easily; 2) a stable measure of value; and 3) a medium of saving or storing value.
His economic model places value on the planet itself: nature, rivers, streams; and he envisions a way to connect that into a medium of savings, using technology to remediate the planet as value added. "We're trustees of the planet: leaving it in a better state for our children should be hardwired into the new system."
He also draws from nature to illustrate how many similar systems can work in harmony -- like a flock of birds or a school of fish that move in synchrony.
One of the basic assumptions of his model is that everyone is/can be wealthy.
His statement: "If people are given responsibility, they act more responsibly" -- stands in stark contrast to the present nanny state that treats people like imbeciles that must be subservient to the Big Brother overseeing state. "People rise up to meet high expectations."
Reinstalling trust, via Trusts, will be a key component of the improved systems that are our destiny.
Mike is also part of a movement to create a safe haven for inventors, where they can pool their strengths, both intellectual and resources, into a common system based on trust/Trusts that cannot be squashed so easily by the bullies on the global block.
He believes that diversity can provide strength, rather than driving a wedge of division. Nature is replete, if not characterized, by diversity.
Another key attribute of a viable monetary system is transparency, in contrast to all the secrecy and duplicity that characterizes the present system that is rife with, and even actively encourages, corruption. Contracts should be clear and understandable, not written in legalese, which is like a different language that only those trained in the law can understand. Really, one shouldn't sign a contract unless he/she understands it.
Mike doesn't have a website yet, but if you are interested in contacting him, or on getting updates on the status of this open project, he may be reached atMichael_upstone@yahoo.co.uk