Soil as an Economic Metaphor

People who delve into the world of biochar pretty soon find themselves learning a whole lot about soil. Soil, contrary to the Industrial view of the world, is not, it turns out, a simple dirt substrate we act on. To get a glimpse of the biological view of soil as a dynamic living organism that is at the base of everything we do and are, and I do mean everything, watch this TED video of a Paul Stamets presentation.

Paul Stamets on 6 ways mushrooms can save the world

What, then, is the soil, the essential foundation, of our economy and Western culture? Perhaps it is entrepreneurial start ups, small business and enterprises on Main Street. These have historically been the largest generators of jobs. If this economic soil, like the soils of our forests and fields, has been over-mined and voraciously exploited by the industrial model, then is it any wonder we have a jobless recovery? After all, the government’s economic soil amendments have, so far, gone to the largest and most predatory businesses in America, especially to the too-big-to-fail banks and car companies. What do we call banks that will not loan Main Street and small businesses our very own tax dollars? Our money that they are now handing out as bonuses to the already rich? Is this any way to restore the soils that support our very economic well being?

Properly inoculated biochar is, in many ways, all about restoring the carbon content as well as the health and vitality of the living soils of our forests and fields — as well as many other environmental benefits. What is the biochar analog we need to apply to the economic soils that nurture and support entrepreneurial start ups, small businesses, and Main Street? If we want to have a recovery that provides plentiful jobs, we had better find that analog and start applying it as soon as possible.

Update:

“Jane D’Arista is an economist with the Financial Markets Center in Philomont, VA. She is a Research Associate with the Political Economy Research Institute (PERI) and author of the masterful study of U.S. financial regulation, The Evolution of U.S. Finance. For more than thirty years, Jane D’Arista has been one of the country’s most insightful analysts of financial markets and regulation.”

D’Arista was interviewed by The RealNews Network to create “Anatomy of casino capitalism”. The interview is presented in 8 parts. Please be sure to watch all 8 parts. If you do, you will have some pretty good ideas about what needs to be done to start rebuilding our economic soils and preserving some vestige of Economic Sovereignty.

Watch all 8 episodes here.

Read her Oct. 29th testimony before the US House’s Committee on Financial Services here.

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