"There are times, therefore, when governments must deliberately shape market incentives to achieve objectives that are determined by politics and not by the markets themselves, including financial stability, environmental protection, energy independence and poverty relief."
Anatole Kaletsky, the chief economist of a Hong Kong-based investment advisory firm, is the author of “Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis.”
Personal notes : That is precisely what is being done in Morocco. I would add that the four covered topics go hand in hand, Morocco's financial stability enabled it to initiate a massive scale renewable energy project. The energy strategy of the Kingdom as far as renewables are concerned views energy independence and will enable us to maximize the impact of our environmental protection policies. As well as fight poverty through re-allocating resources that previously went to fossil fuels, also job will be created to deploy, manage and service the units. Cheap and renewable energy as a by-product can be exported using platforms such as Transgreen or Desertec.
This all would be a component of Project Genesis, it relies on cheap renewable energy to power desalination stations thus providing us with an equally demanded product cheap driking and farming water, that can be used for domestic consumption, allowing us reclaim non arable land through techniques such as micro irrigation. Water is also a precious commodity on the international market.
It is then that the vision of Project Genesis would be complete, energy, water and food independence, where capacity can be geared towards exports by the means of a smart grid linking use to the EU and MENA region, and water pipelines with similar extent.
Man wasnt meant to be a rain maker, but we can and have adapted to the harshest environment, I am confident that the deserts constitute a new frontier and that in the future with adequate technology they can be successfully colonized by vibrant communities. The closest exemple we have of such an implementation is Masdar City
Visual : Masdar city by Forest+Partners
Visual : Katana by unknown
The Tsuba (guard), Fuchi (collar), and Kashira (pommel) are expertly made and finely crafted from black iron.
The Habaki (blade collar) is hand made out of polished brass and each tsuka (handle) is covered in ray skin and tightly wrapped in the traditional cross over style ito (braid) with green cord.