Wealth
Description
Jean-Francois Noubel:
"What is wealth?
In the conventional sense, when we say someone is "wealthy", it implies this person has lots of money in his/her bank account. But wealth, in its essence, expresses something much deeper about reality: the well-being. It begins with essential basic material needs that every human being has a right to access: food, clean water, health, clothing, shelter, education... Humans also need wealth at the immaterial level: love, care, free time, art, beauty, acknowledgment, self-development...
Another way to put it: wealth is whatever brings us closer to what is true, good and beautiful.
What are the different forms of wealth?
There are 3 forms of wealth: tradable, measurable, acknowledgeable. Each one is a subset of the other one. All of these together we call integral wealth.
- Tradable wealth: food, time, energy, services, material resources...
- Measurable wealth: performance, sustainability, physiological health, quality...
- Acknowledgeable wealth: fun, love, care, trust, beauty..."
( http://flowplace.webnode.com/faq-/ )
Discussion
We need to expand our conception of wealth
Arthur Brock:
"What if we’re missing out on most of the wealth that could be available to us because of the way that we measure and perceive wealth? How does our understanding of wealth shape our ability to create healthy families, neighborhoods, communities, economies, and the planet? Let’s explore how the way that we measure wealth results in unhealthy patterns and see if we can uncover healthier alternatives. What is Wealth?
Wealth is often defined as the accumulation of resources or the productive output of the land and labor of the society. Your wealth is the resources you’ve amassed from such production. Typically, it isn’t even resources, but the balances of our bank accounts, retirement accounts, stock certificates and titles to our homes that we count as wealth. What makes this strange is that we have let wealth become symbols and numbers (which are also symbols) instead of the tangible assets and experiences which give us a particular quality of life.
What about physical fitness, supportive relationships, trusted neighbors, beautiful surroundings, healthy food, drinkable water, breathable air and fulfilling work? These things never show up on a balance sheet of personal or corporate net worth. So in our quest to accumulate wealth, true value has been overlooked.
Wealth” comes from the same root as “wellness.” Yet, our current relationship to wealth seems to be all about accumulation. Accumulation is not wealth in the very same way that cancer is not health. In order to build deeper wealth, akin to wellness, we need to make the health of our systems visible so we can nourish them. Ironically, symbols and measurements are exactly the tools we use to make things visible in a social context. However, we need measures which better connect us to the means to nourish systems at all levels." ([1])