IE120 Charles Eisenstein: Sacred Economics: Transforming Crisis into Opportunity episode artwork

EPISODE · Apr 12, 2020 · 56 MIN

IE120 Charles Eisenstein: Sacred Economics: Transforming Crisis into Opportunity

from Inspired Evolution with Amrit Sandhu 🙏🏻

Our guest this week is Charles Eisenstein, a teacher, public speaker, gift economy advocate, and writer who focuses on themes of civilization, consciousness, money, and human cultural evolution.About CharlesHe is the author of several books including The Ascent of Humanity (2007), Sacred Economics (2011), The More Beautiful World Our Hearts Know Is Possible (2013) and Climate - A New Story (2018). Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme, but in the wake of their collapse, we may find great opportunities to transition to a more connected, ecological, and sustainable way of being.His on-line writings have generated a vast following; he speaks frequently at conferences and other events, and gives numerous interviews on radio and podcasts. He also occasionally writes for the "Comment is Free" section of The Guardian and The Huffington Post on topics including genetic modification and the patenting of seeds and debt. He is a contributing editor at the website Reality Sandwich. In advance of appearing on Oprah's Super Soul Sunday on July 16, 2017, Eisenstein wrote "The Age of We Need Each Other." Check out his latest essay on the Coronavirus pandemic at https://bit.ly/2xfaK8AJoin the Inspired Evolution Community:Facebook: https://www.facebook.com/InspiredEvolution/Instagram: https://www.instagram.com/InspiredEvo/YouTube: https://www.youtube.com/InspiredEvolution/Website: https://inspiredevolution.com/In this Episode We Canvas:How We Make MoneyThis has been one of the three lines of his work for over 20 years because he feels any questions that anyone asks about society and the way we are doesn’t stray very far from money. An example is the fact that how the world works kind of revolves around money. We often operate based on what we have to do and what we can afford to do. A person’s survival is highly dependent on money. He wanted to understand money better so he could understand society, the human being, and himself. He feels the divide between money and spirituality is part of the problem and that the two need to be unified with money being the crux of the unification. His experience has been that money always seems to pull him back into a person that he no longer wants to be and it brings out his worst impulses, and he wants to look at that and be who he can be, so he looks into what role money can play in a person’s evolution.“If there’s anything harder to bring into the sacred realm, it would be money” - Charles EisensteinThe Gift EconomyIt comes from a basic impulse that one is offering something as a gift to someone, and if it’s precious to that someone, then any amount of money that that someone charges is going to be too little, because the gift is infinitely valuable, and so putting a price on it would devalue it. Any amount the person receiving the gift charges would also be too much because that would put it behind a paywall. When the price of something is too little and too much, one can’t set the price. He applies the same with his online courses where he lets the users determine the price of the courses. That takes the pressure off him to provide value and it allows generosity to come in, and for him to be funded without having to compel people to give the funding to him.“We have to explore and share with each other how we’re doing it and be generous with our judgments of those who are trying these experiments” - Charles EisensteinHow Money is Created in Our SystemThis refers to how money is created through the lending of financial institutions to individuals and corporations. Banks lend to people who will pay back and they focus on lending to people who will make more money when they get a loan so they can pay it back with interest. For example, if someone wants to protect an ecosystem, the bank will determine that there will be no money to be made there, but if a person intends to pave over an ecosystem and build a strip mall, the bank will determine that they can pay back the loan they get. That demonstrates that the system is geared towards endless growth of the monetized realm simply because of the way money is created, which puts people into competition because at any given moment, there’s always more debt than there is money. Money is created through lending and there is always interest in it. When a million dollars is created, one point five million dollars of debt is created. And so people are always in competition with each other because there’s never enough.“The system is geared towards endless growth of the monetized realm simply because of the way money is created” - Charles EisensteinThe Scarcity and Competition That Enslaves PeoplePeople never get the opportunity to tune into alignment because they live in so much competition and a scarcity created by the fact that everything they have is dependent on their ability to pay their debts. This is one of the biggest limits on people’s capacity to follow their dreams because they feel enslaved to their mortgages, rent payments, student loans, and other forms of financial debt. Competition is not bad because it allows people to test their limits and it can be a journey of self-revelation. Charles is not anti-competition but his concern is that it pervades realms of human interaction that should not be competitive.“In the inter-connected sense of self, the purpose of life is different. It’s no longer to win security but it is to give of our gifts” - Charles EisensteinHow To Interact With Money and LifeThere’s no general formula for how to do that, and skillful means necessary to take the next step. It’s not an all or nothing thing, it’s about what’s the natural next step towards the future that’s calling us. It’s almost like we can sense that future on the horizon and that there’s a path that goes to it, and there are many other paths converging in the present, each of them leading to a different future. We might have an experience where we witnessed true generosity and cooperation, or the magnificence of our own gifts and have that feeling of “This is what I’m here to do”, and our world could be built on that but then it just passes and we’re back to normal, but it doesn’t feel like a trick of the universe to temporarily comfort someone from the grim reality that we’re in. It feels more like an outreach from the future to the present. We don’t need to know or map the entire path. All we need to do is recognize the next step which comes from new information that comes from different experiences which awaken something that recognizes that it’s true, and recognizing it is a reprogramming which then enables one to see an opportunity that they would otherwise not have seen.“We have these moments of our lives that show us what’s possible” - Charles EisensteinThe Current Shift in ConversationWhat opens conversation up to extend beyond the bounds of normal is where normal isn’t working very well especially if there’s some kind of crisis. Even before COVID-19 hit, we were a society in growing crisis with a financial and health crisis on the horizon. With the Coronavirus dealing such a massive blow to normalcy, all kinds of ideas are entering the public discourse. If someone for example suggested the grounding of all commercial aircraft because of climate change, people would say that that’s preposterous, but it happened because of the Coronavirus. That demonstrates what humanity can do when we’re united in a common course. When we have unity and coherence, we can do anything. None of the world’s problems are technically difficult to solve because the difficulty is purely political.  “As normal stops working, then ideas that had been off the table are brought back onto the table” - Charles EisensteinWhy There’s More PolarizationDeep at the root of the crisis of civilization is a crisis of belonging where because of the dissolving of community, people don’t know who they are because our identity is built from our relationships (because we’re not separate selves). A few generations ago, it used to be that in most places on earth, one would know every single person that they saw. One would know every land form and the stories behind it. People were connected and at home. The modern economy, modern technology, and the labeling and categorizing of everything by science have all pushed us apart in various ways, and replaced our dependencies on each other with dependencies on vast and personal processes, and destroyed the stories that told us who we are and why we are here. Without those relationships and stories, we have a hunger to belong, feel at home, and for identity. One way to source that is through identification with an in-group or an idea, in such a way that one can know themselves as good and right, because they have the right ideas and opinions. Therefore, if someone attacks us for our ideas, it feels like a personal attack.  “As community breaks down people become more and more susceptible to substitutes that make one feel connected like cults, fascism, or consumerism” - Charles EisensteinSupport this show http://supporter.acast.com/inspiredevolution. Hosted on Acast. See acast.com/privacy for more information.

Our guest this week is Charles Eisenstein, a teacher, public speaker, gift economy advocate, and writer who focuses on themes of civilization, consciousness, money, and human cultural evolution.About CharlesHe is the author of several books including The Ascent of Humanity (2007), Sacred Economics (2011), The More Beautiful World Our Hearts Know Is Possible (2013) and Climate - A New Story (2018). Sacred Economics traces the history of money from ancient gift economies to modern capitalism, revealing how the money system has contributed to alienation, competition, and scarcity, destroyed community, and necessitated endless growth. Today, these trends have reached their extreme, but in the wake of their collapse, we may find great opportunities to transition to a more connected, ecological, and sustainable way of being.His on-line writings have generated a vast following; he speaks frequently at conferences and other events, and gives numerous interviews on radio and podcasts. He also occasionally writes for the "Comment is Free" section of The Guardian and The Huffington Post on topics including genetic modification and the patenting of seeds and debt. He is a contributing editor at the website Reality Sandwich. In advance of appearing on Oprah's Super Soul Sunday on July 16, 2017, Eisenstein wrote "The Age of We Need Each Other." Check out his latest essay on the Coronavirus pandemic at https://bit.ly/2xfaK8AJoin the Inspired Evolution Community:Facebook: https://www.facebook.com/InspiredEvolution/Instagram: https://www.instagram.com/InspiredEvo/YouTube: https://www.youtube.com/InspiredEvolution/Website: https://inspiredevolution.com/In this Episode We Canvas:How We Make MoneyThis has been one of the three lines of his work for over 20 years because he feels any questions that anyone asks about society and the way we are doesn’t stray very far from money. An example is the fact that how the world works kind of revolves around money. We often operate based on what we have to do and what we can afford to do. A person’s survival is highly dependent on money. He wanted to understand money better so he could understand society, the human being, and himself. He feels the divide between money and spirituality is part of the problem and that the two need to be unified with money being the crux of the unification. His experience has been that money always seems to pull him back into a person that he no longer wants to be and it brings out his worst impulses, and he wants to look at that and be who he can be, so he looks into what role money can play in a person’s evolution.“If there’s anything harder to bring into the sacred realm, it would be money” - Charles EisensteinThe Gift EconomyIt comes from a basic impulse that one is offering something as a gift to someone, and if it’s precious to that someone, then any amount of money that that someone charges is going to be too little, because the gift is infinitely valuable, and so putting a price on it would devalue it. Any amount the person receiving the gift charges would also be too much because that would put it behind a paywall. When the price of something is too little and too much, one can’t set the price. He applies the same with his online courses where he lets the users determine the price of the courses. That takes the pressure off him to provide value and it allows generosity to come in, and for him to be funded without having to compel people to give the funding to him.“We have to explore and share with each other how we’re doing it and be generous with our judgments of those who are trying these experiments” - Charles EisensteinHow Money is Created in Our SystemThis refers to how money is created through the lending of financial institutions to individuals and corporations. Banks lend to people who will pay back and they focus on lending to people who will make more money when they get a loan so they can pay it back with interest. For example, if someone wants to protect an ecosystem, the bank will determine that there will be no money to be made there, but if a person intends to pave over an ecosystem and build a strip mall, the bank will determine that they can pay back the loan they get. That demonstrates that the system is geared towards endless growth of the monetized realm simply because of the way money is created, which puts people into competition because at any given moment, there’s always more debt than there is money. Money is created through lending and there is always interest in it. When a million dollars is created, one point five million dollars of debt is created. And so people are always in competition with each other because there’s never enough.“The system is geared towards endless growth of the monetized realm simply because of the way money is created” - Charles EisensteinThe Scarcity and Competition That Enslaves PeoplePeople never get the opportunity to tune into alignment because they live in so much competition and a scarcity created by the fact that everything they have is dependent on their ability to pay their debts. This is one of the biggest limits on people’s capacity to follow their dreams because they feel enslaved to their mortgages, rent payments, student loans, and other forms of financial debt. Competition is not bad because it allows people to test their limits and it can be a journey of self-revelation. Charles is not anti-competition but his concern is that it pervades realms of human interaction that should not be competitive.“In the inter-connected sense of self, the purpose of life is different. It’s no longer to win security but it is to give of our gifts” - Charles EisensteinHow To Interact With Money and LifeThere’s no general formula for how to do that, and skillful means necessary to take the next step. It’s not an all or nothing thing, it’s about what’s the natural next step towards the future that’s calling us. It’s almost like we can sense that future on the horizon and that there’s a path that goes to it, and there are many other paths converging in the present, each of them leading to a different future. We might have an experience where we witnessed true generosity and cooperation, or the magnificence of our own gifts and have that feeling of “This is what I’m here to do”, and our world could be built on that but then it just passes and we’re back to normal, but it doesn’t feel like a trick of the universe to temporarily comfort someone from the grim reality that we’re in. It feels more like an outreach from the future to the present. We don’t need to know or map the entire path. All we need to do is recognize the next step which comes from new information that comes from different experiences which awaken something that recognizes that it’s true, and recognizing it is a reprogramming which then enables one to see an opportunity that they would otherwise not have seen.“We have these moments of our lives that show us what’s possible” - Charles EisensteinThe Current Shift in ConversationWhat opens conversation up to extend beyond the bounds of normal is where normal isn’t working very well especially if there’s some kind of crisis. Even before COVID-19 hit, we were a society in growing crisis with a financial and health crisis on the horizon. With the Coronavirus dealing such a massive blow to normalcy, all kinds of ideas are entering the public discourse. If someone for example suggested the grounding of all commercial aircraft because of climate change, people would say that that’s preposterous, but it happened because of the Coronavirus. That demonstrates what humanity can do when we’re united in a common course. When we have unity and coherence, we can do anything. None of the world’s problems are technically difficult to solve because the difficulty is purely political.  “As normal stops working, then ideas that had been off the table are brought back onto the table” - Charles EisensteinWhy There’s More PolarizationDeep at the root of the crisis of civilization is a crisis of belonging where because of the dissolving of community, people don’t know who they are because our identity is built from our relationships (because we’re not separate selves). A few generations ago, it used to be that in most places on earth, one would know every single person that they saw. One would know every land form and the stories behind it. People were connected and at home. The modern economy, modern technology, and the labeling and categorizing of everything by science have all pushed us apart in various ways, and replaced our dependencies on each other with dependencies on vast and personal processes, and destroyed the stories that told us who we are and why we are here. Without those relationships and stories, we have a hunger to belong, feel at home, and for identity. One way to source that is through identification with an in-group or an idea, in such a way that one can know themselves as good and right, because they have the right ideas and opinions. Therefore, if someone attacks us for our ideas, it feels like a personal attack.  “As community breaks down people become more and more susceptible to substitutes that make one feel connected like cults, fascism, or consumerism” - Charles EisensteinSupport this show http://supporter.acast.com/inspiredevolution. Hosted on Acast. See acast.com/privacy for more information.

NOW PLAYING

IE120 Charles Eisenstein: Sacred Economics: Transforming Crisis into Opportunity

0:00 56:29

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. French Your Way Jessica: Native French teacher founder of French Your Way Boost your French listening skills and test your comprehension with this one of a kind series of podcasts. Get the chance to listen to a real conversation between native speakers talking at normal speed AND customise your learning experience through carefully designed sets of questions (2 levels of difficulty) available for download at www.frenchvoicespodcast.com. All interviews also come with the transcript. French teacher Jessica interviews native speakers of French from around the world who share a bit of their life and passion. Where else would you meet in one same place a French yoga teacher based in Melbourne, a soap manufacturer from Provence, or a couple cycling around the world? That Hoarder: Overcome Compulsive Hoarding That Hoarder Hoarding disorder is stigmatised and people who hoard feel vast amounts of shame. This podcast began life as an audio diary, an anonymous outlet for somebody with this weird condition. That Hoarder speaks about her experiences living with compulsive hoarding, she interviews therapists, academics, researchers, children of hoarders, professional organisers and influencers, and she shares insight and tips for others with the problem. Listened to by people who hoard as well as those who love them and those who work with them, Overcome Compulsive Hoarding with That Hoarder aims to shatter the stigma, share the truth and speak openly and honestly to improve lives. The Small Business Startup School – Business Notes | Financial Literacy | Retail Psychology – For Professionals & Entrepreneurs The Small Business Startup School Inc. Starting or buying a small business? While personal circumstances may vary, business patterns remain timeless. On The Small Business Startup School, we explore strategies, insights, and practical solutions to help entrepreneurs confidently navigate their journey.Hosted by Ola Williams—a retail entrepreneur, fintech founder, and financial coach with over two decades of experience—this podcast marries financial awareness and retail psychology with optimism to deliver actionable takeaways.Join us to learn, grow, and connect as we uncover the keys to business success.Let’s continue to learn together and be encouraged to keep on connecting!

Frequently Asked Questions

How long is this episode of Inspired Evolution with Amrit Sandhu 🙏🏻?

This episode is 56 minutes long.

When was this Inspired Evolution with Amrit Sandhu 🙏🏻 episode published?

This episode was published on April 12, 2020.

What is this episode about?

Our guest this week is Charles Eisenstein, a teacher, public speaker, gift economy advocate, and writer who focuses on themes of civilization, consciousness, money, and human cultural evolution.About CharlesHe is the author of several books...

Can I download this Inspired Evolution with Amrit Sandhu 🙏🏻 episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!