Daily news reports now reveal the tragic consequences of our profoundly misguided choice to grow consumption and financial assets over pursuing the wellbeing and happiness of all of Earth’s people. The financial assets of the already obscenely rich and the human burden on Earth are growing at record rates. Meanwhile, the vast majority of the world’s people face growing environmental devastation, social breakdown, and daily desperation.
The statistics on growing inequality are truly stunning. For the first half of 2023, the world’s 500 richest people averaged growth of their personal financial assets by US$14 million each day. How much does one person need to meet their daily needs? The average American spends $2.7 million in their entire lifetime.
Meanwhile, according to the World Bank, nearly half of the world’s population struggles to survive on an income of less than US$6.85 per day. That is less than the price of a single meal at McDonald’s. Even if people are growing their own food, it is difficult for anyone to survive on US$6.65 per day in our contemporary world.
The fantasy that growing GDP benefits everyone and will ultimately create lives of effortless luxury for all has proven to be just that, a fantasy. Gandhi expressed the clear and simple truth many years ago. “The world has enough for everyone’s need, but not enough for everyone’s greed.” Going further, the voluntary simplicity movement demonstrated that simple living in community can be beautiful and fulfilling. Living in effortless luxury is boring.
We the people of a finite living Earth are in potentially terminal crisis because of our pursuit of individualized greed as our unifying human purpose. This has worked reasonably well in the short-term for a few hundred people who for the moment enjoy luxuries beyond the imagination of our wealthiest ancestors.
The world’s oldest billionaires will likely die before the ultimate system collapse, but their children will bear the consequences. So will younger billionaires and their children. There will be no winners on a dead Earth. We all share an interest in the profound transformation we must now navigate together if we are to have a viable future.
If our human purpose is not simply to consume or to make money, what is it? And how might we describe that purpose in a way that guides us in its pursuit? These questions have been on the human mind since the awakening of human consciousness. The answers continue to evade us.
The Preamble of the Earth Charter offers an answer that to me has profound appeal and meaning.
“Fundamental changes are needed in our values, institutions, and ways of living. We must realize that when basic needs have been met, human development is primarily about being more, not having more.”
So, what does it mean to be more?
We humans are a species distinguished by the extent of our awareness of life’s interdependence and the now global nature of that interdependence. Contemporary science informs us that we have not yet identified any other planet with the surface conditions essential to life. We have nowhere else to go. Life depends on the finite living Earth.
With this in mind, we currently face a defining choice. We can continue our current competition to be the last surviving centibillionaire on an Earth with unbreathable air, undrinkable water, a violently unstable climate, and a loaded gun in every bedroom. Or we can cooperate and share to create a world that meets the essential needs of all while creating abundant opportunities to experience beauty, love, creativity, and the joy of living, i.e., the joy of being more, not having more.
Which of these two options might we assume is more likely to be our intended purpose within the ongoing unfolding of creation? And which would any intelligent and mentally healthy human prefer?
Restoring people and Earth to full health will require deep transformation from our current money-centric imperial civilization to a life-centric ecological civilization guided by an eco-nomics dedicated to securing the wellbeing of the living Earth household and all its people. There can never be enough for everyone’s greed, but in the ecological civilization we can create together, there can be enough for everyone’s need.
Success requires that we stabilize our global population while sharing and caring for one another in ways consistent with our true nature. We must relegate to history books war and investment in the instruments of war. We must ensure that everyone has a comfortable home and a satisfying job that provides a meaningful means of living. And that every child is a wanted child growing up with the support of a loving family and a caring village.
A world in which neighbors care for one another and the place where they live. Where most people meet their daily needs by walking or biking and enjoy safe and attractive public transit to more distant places. Where we enjoy beautiful parks and lush family farms and gardens. Where hunger and violence are rare and evoke instant corrective action.
In this possible human future, we will recognize that the purpose of business is to provide people with a meaningful and adequate means of living producing goods and services that meet the needs of their community. This future can be achieved only if rich and poor choose to create it together with a mutual commitment to eliminating the inequality that now divides and misdirects us. Achieving this future will require significant rethinking and restructuring of the institution of the corporation.
The Earth Charter notes the essential need for collective corrective action:
“Every individual, family, organization, and community has a vital role to play. The arts, sciences, religions, educational institutions, media, businesses, nongovernmental organizations, and governments are all called to offer creative leadership.”
In future articles, we’ll explore the need for ethical business leaders who recognize the deep conflict between current ways of doing business and our human nature, needs, and ethical responsibilities as members of Earth’s community of life.
Dr. David C. Korten is the founder and president of the Living Economies Forum, and co-founder and board chair emeritus of YES! Magazine.He is best known for his seminal books framing a new economy for the Ecological Civilization to which humanity must now transition. Learn more at https://davidkorten.org/