Podcast 281 – Sacred Economics

Guest speakers: Eileen Workman and Matt Pallamary

PROGRAM NOTES:

Matt Pallamary interviews Eileen Workman, co-founder of the Universe Project who spent sixteen years working in the financial services industry, most recently as a First Vice President of Investments with a major Wall Street investment firm.

Her new book, Sacred Economics: The Currency of Life has been praised by many, including Barbara Marx Hubbard, co-founder and chairperson of the board of The Foundation for Conscious Evolution who says of it:

Occasionally in human history a clear voice of good sense and compassion rises from the multitudes caught in the memetic mud of obsolete ideas about current reality. Thomas Jefferson was such a voice when he stated: “All men are created equal” at a time when there was no equality, at all. So now Eileen Workman sends a clear and intelligent message: We can live beyond the current monetary economy better, longer, kinder and more joyfully, and here is how to begin. Even though it might seem impossible, as the system continues to breakdown and the inequalities grow, her voice increasingly serves us as a guide to the next stage of evolutionary economics. We should all read it and place our faith and actions in the good sense it offers us, guiding us toward the next era of economics in the coming age.

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Sacred Economics: The Currency of Life [Discount code: 11002PSS]

Eileen’s Blog

22 Comments

  1. Mateo Said,

    September 9, 2011 @ 5:59 pm

    Great job on the podcast, Bro!

    :~D

  2. Colleen P. Said,

    September 13, 2011 @ 9:45 am

    Eileen Workman has gifted us with a fresh perspective on how to really be alive with her book “Sacred Economics: The Currency of Life”. Her heartfelt observations and ideas are thought-provoking and inspirational. She truly practices what she preaches and sets an example for those seeking to aspire to a life of unity and love. Mateo and Eileen have given us a glimpse of a new reality based on the unique gifts we all have within ourselves – love, compassion, and appreciation for who and what we are as human beings.

  3. Dmitri Said,

    September 13, 2011 @ 7:04 pm

    After 15 min. listening to this guy talk about himself. I kind ik lost interest in the book at all… Shame.
    I suggest, when you talk about a book, make it about the book.

  4. Vicki Wilson Said,

    September 14, 2011 @ 1:42 am

    Great podcast! And the book Sacred Economics: The Currency of Life sounds really interesting! Thank you for introducing us to her.

  5. Mateo Said,

    September 14, 2011 @ 1:46 pm

    Dmitri — If you had more patience you would have realized that my “talking about myself” was paving the way for Eileen to talk about her book and its concepts in depth. We have been friends for close to twenty years and by “talking about myself” I made her comfortable enough to really open up and share the gifts that she has.

    It’s a shame that you lost interest because you missed out on the real meat of the podcast which was Eileen and what she had to share.

    I suggest shelving your judgment and cultivating patience.

  6. Audun Said,

    September 14, 2011 @ 1:51 pm

    Dmitri, give the conversation you listen to time to unravel, and you may get more out of it. If you don’t like it, or you don’t have time to listen to it, that’s not the fault of the people making the conversation. I recommend you regain your interest in the book regardless of what you think about Matt’s conversational skills, but that is entirely up to yourself:)

    Peace

  7. Leeroy Said,

    September 15, 2011 @ 2:04 am

    Salut “Adrian from Romania”!
    As vrea sa te cunosc. Daca vezi asta, da un semn la leeroy.hc la GMail!
    Multumesc!

  8. Niles Said,

    September 15, 2011 @ 11:40 am

    Have read about half of this book in e-format while
    waiting for my paper copy. What an inspiring read. Noticed
    today on Reality Sandwich a book with the same title by a
    different author. Have been thinking along the same lines
    myself lately. Must be something in the air…

  9. Romeo Said,

    September 15, 2011 @ 11:19 pm

    Sounds Like ‘The Venus Project’.
    Politics cannot solve problems, Technology can. I believe an a global moneyless society in a world of joy! A Resource-Based Economy is a system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. Through intelligent use technology.

  10. Romeo Said,

    September 15, 2011 @ 11:45 pm

    THE ZEITGEIST MOVEMENT: MOVING FORWARD = Describes society today, all its problems, and the reason why we need something different.
    http://youtu.be/4Z9WVZddH9w

    THE VENUS PROJECT: Has the Blueprint, the solution which is a Resource-Based Economy. To better understand the meaning of a resource-based economy consider this: if all the money in the world were destroyed, as long as topsoil, factories, and other resources were left intact, we could build anything we choose to build and fulfill any human need. It is not money that people need; rather, it is free access to the necessities of life. In a resource-based economy , money would be irrelevant. All that would be required are the resources and the manufacturing and distribution of the products.

  11. Jason C. Said,

    September 16, 2011 @ 8:19 pm

    Can technology solve all problems? What about the problem that population causes the earth? sure we can make better farms and be more effecient farmers; but, the bottom line is that if behaviour is not altered, the burden to the earth will remain or increase.

    Tragedy of the Commons – Garrit Hardin 1968

  12. evelyn underwood Said,

    September 16, 2011 @ 9:12 pm

    Mateo and Eileen seemed not at all alike, at least in the words they chose to use for this podcast. Yet they seemed in total sync with each other… two unalike frequencies heterodyning and producing a third level of agreeable information. I found the unspoken undercurrent to be warm, wise and revelatory. Two big souls. Glad Lorenzo decided to give them a place to play. Three big souls. I liked this podcast a lot.

  13. Robin Datta Said,

    September 18, 2011 @ 1:06 am

    The three economies are the primary, secondary and tertiary.

    The primary economy is natural resources: sunshine, water resources, wind, land, flora & fauna, minerals & ores, energy resources, etc. The secondary economy is usable products: food, clothing, shelter, tools, equipment, iPads, infrastructure (buildings, canals & levees, roads & bridges, etc.) and the services (skills used in directing energy streams to create these items from the natural resources). It also includes the embedded energy (emergy) that was invested in creating these items.

    The tertiary economy is the symbols used to represent items of the secondary & primary economies: cowrie shells, wampum, discs of base or precious metals, pieces of paper bearing green pictures of dead presidents, magnetized particles on hard drives in a server, etc. There can be symbols of symbols, as in certificates of deposit, collateralized debt obligations, (secondary symbols) and even symbols of symbols of symbols (various derivatives – tertiary symbols). Some symbols are anchored in items of the primary & secondary economies, such as stocks.

    None of these symbols have intrinsic value: they are dependent on the promise and faith that these symbols will be exchageable for real value (items of the primary & secondary economies).

    When the symbols have no denomination in real value (primary & secondary economies), as with fiat money and derivatives, there is no limit to the quantities of the symbols that can be produced. When the exchange comes due, it can be deferred to a later date by accreting more symbols. The profit to be made from the primary symbols is called seignorage, the positive return on issuing notes and coins, or “carry” on money in circulation (the face value of the money minus the cost of printing or minting).

    When the perspecitves of the three economies is lost in exclusive focus on the tertiary economy, the state of teh primary & secondary economies is neglected. And with the depletion of energy sources, the secondary economy will contract: it takes a lot of scythes to replace a combine.

    The interconnectedness of all things has been emphasized for millenia: the concept of interdependent co-origination in Buddhism, preceded by the same idea in Hinduism: the Net of Indra (Indra being the chief Vedic god) in which each node reperesnts an individual thing in the Universe, with each thing connceted directly or indirectly to every other, thus maintaining the coherence of the universe.

    When speaking of a Cosmic Consciousness, all dualism disappears: there is no individual consciousness.
    Diamond Sutra – A New Translation:
    Because if they continue to hold onto arbitrary conceptions as to their own selfhood, they will be holding onto something that is non-existent. It is the same with all arbitrary conceptions of other selves, living beings, or a universal self. These are all expressions of non-existent things.

    Any perception of “attainment” in enlightenment is makyo. The state of enlightenment is the native state of all sentient beings, and is not “attained”.

    With regard to childhood trauma:

    The Bomb in the Brain

  14. Nixie Said,

    September 21, 2011 @ 5:31 pm

    Really enjoyed this one as well! Wasn’t so sure about it at first glance, but really warmed up to it part way in, then listened to it over again as soon as it finished 🙂

  15. Paul Said,

    September 27, 2011 @ 2:42 am

    Fantastic podcast, I really enjoyed this one especically. I agreee with Romeo also, it does sound like the Venus project and I wonder if Eileen is part of that movement?

  16. Paul Said,

    September 27, 2011 @ 2:42 am

    Typos! Sorry.

  17. colz Said,

    September 30, 2011 @ 4:01 pm

    What an interview. Warmed my heart, thank you.

  18. Audun Said,

    October 1, 2011 @ 3:28 pm

    Lorenzo already left a link, and an embedded live feed, of the Global Revolution on his personal blog, headlining it: The Revolution is being televised!

    I just thought it fitting to leave the same link here, as relevant to this very podcast, and also so that those who don’t go to Lorenzo’s personal blog regularly may see it too:)

    This is pretty much the only feed you’ll get for now on what’s happening with Occupy Wall Street, and it’s huge! The corporate media is ignoring it though…

    http://www.livestream.com/globalrevolution

    REVOLUJAH!

  19. Thomas Morison Said,

    November 19, 2011 @ 3:04 am

    Hey, I edited down the interview and put pictures to it: http://www.youtube.com/watch?v=_6IH5DAng7Y

  20. Forrest Said,

    July 13, 2012 @ 7:06 pm

    When Eileen talks about having a free monetary system superseding the need for banks, it reminded me a lot of the system of Bitcoins recently developed. And luckily the digital platform Bitcoins work on is entirely open-source!
    Certainly something to look out for in the future.

  21. Philip Said,

    July 22, 2013 @ 3:20 am

    Loved this interview… Gonna share it with my dearest… . Thank you Lorenzo for posting this, and Thank you Matt and EILEEN!!

  22. andie Said,

    September 30, 2013 @ 3:48 pm

    Awesome podcast! Eileen is so smart. Getting your the book now!