Benefits of the New Economy

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The Benefits of the New Economy
Resolving the global economic cRisis thRough mutual guaRantee

The Benefits of the New Economy
Resolving the global economic cRisis thRough mutual guaRantee

the aRi institute Department of economics

the benefits of the new economy

Resolving the global economic crisis through mutual guarantee copyright © 2012 by michael laitman all rights reserved Published by aRi Publishers www.ariresearch.org info@ariresearch.org 1057 steeles avenue west, suite 532, toronto, on, m2R 3X1, canada 2009 85th street #51, brooklyn, new york, 11214, usa Printed in canada no part of this book may be used or reproduced in any manner without written permission of the publisher, except in the case of brief quotations embodied in critical articles or reviews.

Library of Congress Control Number: 2012936508 isbn: 978-1-897448-73-1

authors: guy isaac, Joseph levy, alexander ognits content editors: michael Kor, shlomi bohana translation: chaim Ratz associate editor: mary miesem copy editor: claire gerus layout: baruch Khovov cover: inna smirnova executive editor: chaim Ratz Publishing and Post Production: uri laitman

fiRst eDition: JanuaRy 2013 fiRst PRinting

CoNTENTs
a global-integRal woRlD ..................................................10 foRewoRD .................................................................................... 11 ThE ECoNomy as a REfLECTioN of humaN RELaTioNs ........................................................15 economic improvement depends on changing human relations .....15 the global economic crisis is challenging the economic Paradigm ............................................ 16 behavioral economics implies a new Direction and a new solution to the crisis ...................................................... 17 the evolution of the economy ......................................................... 18 commerce and exchange ..................................................................18 the whole truth about the economic crisis ..................................19 the gap between a world-turned-global and the anachronistic economy ..............................................................20 crisis as an opportunity ................................................................... 21 economy and human Relations .......................................................22 economists are at a loss ...................................................................23 a GLoBaL-iNTEGRaL WoRLd REquiREs a NEW ECoNomy.............................................. 25 the current economic method cannot continue to exist in a global-integral world ...................................................................25 the enormous scope of global trade creates mutual Dependence .............................................................26 mutual ties and connections in Production of goods and services (Real economy) ..................... 27 the financial system—a mirror of the global world ...................... 27 the tightening economic and financial ties ..................................29 the helplessness of economists and Decision makers ....................30 is global integration an unavoidable fact? ...................................... 31 efforts to overcome the global crisis have been a failure ............33 the Recipe for Resolving the crisis ..................................................35 muTuaL GuaRaNTEE as a PRaCTiCaL soLuTioN ...... 39

6

T he B enefiT s

of The

n ew e conomy

is mutual guarantee a practical solution to the social and economic problems in the world? ..........................39 no Dispute over the economic and financial crisis being global ......................................................................................40 the traditional “toolbox” has failed .............................................. 41 treating new Problems with old solutions ..................................... 41 the failed...
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