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Fall 2008 Contents

Fall 2008 Investor Newsletter

The Turning Point…

25 years ago, Fritjof Capra published a brilliant study of the history of modern society. The Turning Point - Science, Society & The Rising Culture, deals with the need for - and the inevitable rise of - an holistic systems view of life that will affect every aspect of daily living. Healthcare, economics, media, food production, housing, education, energy, transportation, government and religion are all now undergoing a rapid transformation. MiracleMind’s long-term business model, and coursework, incorporates many principles outlined in The Turning Point.

In 1998, a film was produced to illustrate the principles outlined in the book. Clips from "MindWalk", starring Liv Ullman and Sam Waterson, can be found at YouTube. Also, search YouTube for "Fritjof Capra-The Systems View of Life", a thought provoking 10 minute lecture.

With 4 million viewers to date, you MUST watch this brief video ...
"The Story of Stuff"

Below is an excerpt from The Turning Point … the chapter titled "The Impasse of Economics":

"The global obsession with growth has resulted in a remarkable similarity between capitalist and communist economies. The two dominant representatives of these so-called opposing value systems, the United States and the Soviet Union [and now China], no longer seem to be all that different. Both are dedicated to industrial growth and hard technology, with increasingly centralized and bureaucratic control, whether by the state or by so-called ’private’ multinational corporations. The universal addiction to growth and expansion is becoming stronger than all other ideologies; to borrow Karl Marx’s phrase, it has become ’the opium of the people’.

Most of today’s economic thought is based on the notion of undifferentiated growth. The idea that growth can be obstructive, unhealthy, or pathological is not entertained. What we urgently need, therefore, is differentiation and qualification of the concept of growth. From excessive production and consumption in the private sector, growth will have to be channeled into public service areas such as transportation, education, and health care. And this change will have to be accompanied by a fundamental shift of emphasis from material acquisition to inner growth and development."

Globalization vs. Decentralization

While our nation struggles to unravel its global co-dependency, local economies are looking forward to local initiatives that will allow them to flourish in the coming years, independent of global economics. A renaissance in local agriculture, soon to be followed by renewable wind & solar energy, will lead the race to build sustainable local economies. Not far down the road, America will begin again to build and repair local infrastructures. We’re also seeing a shift to local banking. (Google: "small banks thrive").