08 May 2009

A Zen Koan for the Financial Crisis

Will Dana, editor of Rolling Stone, encouraged blogger Douglas Rushkoff "to come up with one-liners that tell the truth about the economic/banking fiasco - but that do it in almost zen-koan fashion."

   Debt is not a good product

And, like I'm arguing in my book, this whole scheme [finance] was arranged by 14th Century monarchs as a way of making money by having money, rather than providing value. So "Debt is not a good product" helps encourage that line of thinking, sound-byte style.