The dictionary defines economics as the “The branch of social science that deals with the production and distribution and consumption of goods and services and their management” (Wordweb Pro- Princeton University). Economics are neither good nor bad; it is just about production, distribution, goods, and services. We all need to have goods and services. Especially in a complex interdependent social structure, where we need each other, the primary means of exchange is currency – money. When you miss this understanding and expect that economics are more than just the means for exchanging goods and service, you distort the meaning of economics. Money is essential in contemporary social structure as a means of exchange. Therefore, if you focus on money, there is a limit to your capabilities.
Life and the world need money to exist. However, there are limits that money cannot buy immortality and is fails to create a lasting legacy. When you see economics as a way to ensuring the common good, you go beyond money itself to the ultimate meanings of life. Economic interdependence is the means for peace and justice. It cannot buy peace or justice. It is the means for empowerment and self-respect. When you feel that, you have control over your ability to grow and contribute, economics become more powerful. The value of currency is unstable, with swings out of your control. Creating economic value, beyond the currency itself is a solid foundation of growth.
Frequently economic institutions lose this point of view. Economic growth builds on your ability and social structures to encompass. True and sustainable economics build up an entire community and nation. One of the major changes in this transformative era, is an enlightened understanding of the meaning of economics. This change begins when you accept this perspective. Eventually, as more accept this understanding, institutions will catch up to this reality.