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Sunday 19 July 2009

The Plantary Economics


*Albert Woohyun Rim, 19th July 2009, All rights reserved.

As protestantism rises, the economics has developed for a few centuries, not only in quantity but also in academic way. The concept of money has massively grown the economics and markets. Not only it existed abstract, but did it become real, with units of currencies. However, as the money, currencies are also the real thing, the exchange rate cause massive effect between each currency area, contrasting the definition of money; ideal money is the absolute medium of the values.

Thus, we need more absolute standard of value even it becomes more abstract, exempli gratia for a planet. The planetary economics contains every valuable things for everyone. With the abstract money concept, we can handle the value of airs, waters, and trees themselves, not the additional value by the people. We can calculate the demand of oxygen for everything on earth, and we can estimate the equivalence.

All these academic approach is necessary as our energy consumption scale reached planetary scale. The human race will spread out of the space for survival and breeding. Thus, national or international economy is not the primary economy anymore. We should develop effective tools to carry out planetary scale economic phenomena and ecological phenomena also.

This is why i am starting brandly new type of process and to research it.