The concept of a "Mother's Bank" emerged as part of an exercise to co-create a new Financial Institution or a Fund and eventually a Bank to manifest a new economy based on Love and Oneness.
The current experiment is based on Sri Aurobindo's Integral Yoga and (Mira Alfassa) the Mother's dream of "money would no longer be the sovereign lord." While the early prototypes for this are being experimented in Auroville, the intention is to create a model that works for all.
This is draft concept that is work-in-progress and will evolve based on collective intelligence. Feel free to share feedback, comments on deven@wikipaisa.com
2. Fields of Exploration
• Environment
• Resources
• Work (Karmayoga)
• Systems
• Economy
• Business
• Money & Banking
3.
4.
5. Economy
Alternate
• Human beings care for
each other (Divine in all)
• Enough for everyone’s
need, not for every man’s
greed
• Gross National Happiness,
Integral Well-being,
Mainstream
• Human beings will
maximize self-interest
• Resources are scarce,
needs/wants are
unlimited
• Gross Domestic Product
(GDP)
6. Ideal GDP Man?
“He's an obese man driving his car, stuck in a
traffic jam, eating a hamburger and holding
onto the phone while he talks to his lawyer
who's actually taking care of his divorce. While
he does that, he's about to have a car
accident and a heart attack. All these things
are good things for GDP.“
- Lorenzo Fioramonti
An Economist in South Africa
7. Economic Barbarism
“This economic barbarism is essentially that of the
vital man who mistakes the vital being for the self
and accepts its satisfaction as the first aim of life.
The characteristic of Life is desire and the instinct
of possession. Just as the physical barbarian
makes the excellence of the body and the
development of physical force, health and
prowess his standard and aim, so the vitalistic or
economic barbarian makes the satisfaction of
wants and desires and the accumulation of
possessions his standard and aim.”
- Sri Aurobindo, The Human Cycle
8. Needs and Production
Solution of the economic problem.
Arriving at the synthesis of two problems:
(1) adjusting the production to the needs;
(2) adjusting the needs to the production.
- The Mother
9. Business
Alternate
• Co-creation
• Trusteeship, Stewardship,
Open-Source, Commons
• For Divine, Karmayoga,
Transformation of
Consciousness
Mainstream
• Competition
• Ownership, Copyright,
Intellectual Property Right
• For Profit, Returns for
Stakeholders, Impact,
CSR, Philanthropy
10. Sri Aurobindo on Business
“I may say, however, that I do not regard business as
something evil or tainted, any more than it is so
regarded in ancient spiritual India.“
“Even if I myself had had the command to do business
as I had the command to do politics I would have
done it without the least spiritual or moral
compunction. All depends on the spirit in which a
thing is done, the principles on which it is built and the
use to which it is turned.“
- Pg 372, Vol 22 - 24, SABCL
11. Money and Banking
Alternate
• “Money is not meant to
generate money;
Money should generate
an increase in production,
an improvement in the
conditions of life and a
progress in human
consciousness. This is its
true use.”
Mainstream
• Money flows primarily
based on “interest rates”
and “highest returns",
without much regards to
regeneration of the
environment and
transformation of
consciousness.
12. Money as Universal Force
"To reconquer wealth for the Divine to whom it
belongs and use it divinely for the divine life is the
Supramental way for the Sadhaka.”
- Sri Aurobindo
“For in this ideal place money would no longer be
the sovereign lord; individual worth would have a
far greater importance than that of material
wealth and social standing”
- The Mother
17. “It’s a challenge I am placing before the
whole financial world…
… Transform it (the earth), put it into
contact, truly into contact, with the
supramental forces that would make life
bountiful”
- The Mother, Mother’s Agenda: October 4, 1958
18. “A day shall come when all the wealth
of this world, freed at last from the
enslavement to the antidivine forces,
offers itself spontaneously and fully to the
service of the Divine’s Work upon earth.”
- The Mother on 6 January, 1955
Distributed on the Feast of the Epiphany, which the Mother
designated as "the festival of the offering of the material
world to the Divine”.
http://incarnateword.in/cwm/15/wealth-and-economics#fnref1
19. Mother’s Bank
Separative Consciousness à Love and Oneness
Three Shifts:
1. Integrality (Partial à Integral)
2. Stewardship (Ownership à Trusteeship)
3. Prosperity (Scarcity à Abundance for all)
20. The Golden Day
Supramental Manifestation
The Mother has the
concrete experience of the
descent of the Supramental
Consciousness on Earth on
February 29,1956.
28. Investors and Creators
Creators
• I would like to live in the
spirit of “All Life Is Yoga”
and the New Creation
Can I be supported in the
spirit of love & oneness?
Investors
• I would like my money to
be channeled for the
New Creation.
How can I invest
consciously?”
29.
30. • Autobiography of a Yogi
“If you look back at the history of Steve
and that early trip to India...he had this
incredible realization that his intuition
was his greatest gift. He needed to look
at world from inside out... his message
was to look inside yourself and realize
yourself.”
- Marc Benioff, CEO of Salesforce.com
Steve Jobs’ last gift
31. “Steve could never fully
resolve these two
(spiritual and material)
worldviews”
<Shared by one of the earliest employees of Apple>
32.
33. • Financial System
• Education System
• Economic System
• Measurement Systems
o Money
o External Impact
Transformation of Consciousness?
Current Systems
38. “…behind the appearances of the universe
there is the Reality of a Being and
Consciousness, a Self of all things, one and
eternal. All beings are united in that One
Self and Spirit but divided by a certain
separativity of consciousness, an ignorance
of their true Self and Reality in the mind, life
and body.
It is possible by a certain psychological
discipline to remove this veil of separative
consciousness and become aware of the
true Self, the Divinity within us and all.”
- SABCL, Vol. 26, "Sri Aurobindo on Himself", pp. 95-97
39.
40. The Mother on Auroville
“When men make projects they are often
unsuccessful because it was not the right thing to do.
When their projects are accepted [by the Invisible]
they get realized as the Higher Will decides.
But when the Higher Will itself chooses, decides, then
the thing has to succeed. It may seem to falter, but it
is certain to succeed.”
41.
42.
43.
44. A Dream
“There should be somewhere on earth a
place which no nation could claim as its own,
where all human beings of goodwill who
have a sincere aspiration could live freely as
citizens of the world and obey one single
authority, that of the supreme Truth”
https://www.auroville.org/contents/197
45. Auroville Charter
“Auroville belongs to nobody in particular.
Auroville belongs to humanity as a whole. But,
to live in Auroville, one must be a willing
servitor of the divine consciousness”
https://www.auroville.org/contents/1
46. To Be a True Aurovilian
“The first necessity is the inner discovery in
order to know what one truly is behind social,
moral, cultural, racial and hereditary
appearances. At the centre there is a being
free, vast and knowing, who awaits our
discovery and who ought to become the
active centre of our being and our life in
Auroville.”
https://www.auroville.org/contents/526
47.
48. The Mother on Collaboration
How can people having different values live and
work together in harmony?
“The solution is to go deep within oneself and find
the place where all the differences combine to
constitute the essential and eternal Unity.”
“As long as you are for some and against others, you
are necessarily outside the Truth. You should constantly
keep good will and love in your heart and let them
pour out on all with tranquility and equality.”
49. “It is only when people feel
that it is their good fortune to
help Auroville grow that the
funds will come abundantly.”
The Mother
(December, 1969)