As financial systems crash, can you feel the new day dawning?

They say that near death experiences offer us an opportunity for radical change. Could this be true for the world’s financial systems?

Jonathan Porritt said this weekend that the financial system crash marked the end of capitalism as we have known it. While London, New York and other capital centres around the world have shaken in their boots, other people are seeing this as a moment of opportunity.

Up to this point the global financial system has been the primary vehicle for the free market nightmare that is tearing away at the very fabric of the earth. Its collapse should cause our leaders to rethink.

The key issue just now is whether they will rethink radically enough. Injecting ‘liquidity’ into the market feels like trying to get back to business as usual. Reforming the means by which the market is regulated sounds like a good idea in anyone’s book. Yet the really big opportunity is not yet on the public agenda. That is to use this opportunity to change the world financial system from an earth-destroying to an earth-friendly system. There are those who are saying that, in parallel the Roosevelt’s New Deal after the Great Depression, now is the time for a Green New Deal, where the oncoming global depression is dealt with by reorientating global finance toward massive infrastrucure development in terms of renewable energy, transport sytems and the like.

You can read the Green New Deal proposals here.

Isaiah recorded a terrible time when people refused to hear what God was saying.
In despair he cried out to the people in these words of God,

Hear and hear but do not understand
see and see but do not perceive.

Make the hearts of these people fat
and their ears heavy
lest the see with their eyes
and hear with their ears
and understand with their hearts and turn and be healed.

Will we turn and be healed? How long must we wait..
Isaiah goes on

Until cities lie waste without inhabitant and houses without people
and vast is the emptiness in the midst of the land.

Pray that it may not be so.

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