" />
Building a world of
resilient communities.

MAIN LIST

 

Reality Report: Jon Erickson


Explanations of the economic downturn focus on greed, corruption, incompetence and inequality. But this isn’t the whole story. The Reality Report interviews Jon D. Erickson, Professor at the University of Vermont and Fellow of the Gund Institute of Ecological Economics.

Some key points that emerge from the show are: (1) the economic decline is a predicable consequence of a faulty set of theories and deliberate policies, (2) most economic growth nowadays is “uneconomic” because the costs exceed the benefits, both socially and via ecological debts (3) the biophysical basis for the economy is still ignored and therefore the ability to expand the economy to pay back debts may be limited, (4) recent U.S. and G20 responses to the crisis thus far are incomplete and therefore not likely to succeed, (5) several suggestions for reform are given, including: using green indicators, not GDP, to measure the macroeconomy, regional planning for relocalized economies, and a form of money backed by tangibles, not debt.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Chinese energy figures suggest much slower growth than advertised

Energy consumption statistics hint that China may have already begun its …

Food Stamps Are Worth Double at These Michigan Farmers Markets—Helping Families and Local Businesses

A program that helps low-income families and local farmers.

A Field Guide to Negative Progress

In an age of contraction and decline—or, shall we say, negative …

Greece’s Yanis Varoufakis: The Medicine of Austerity Is Not Working, We Need a New Treatment

With the debt clock ticking, Greece is fast running out of money

Raising Minimum Wage: We’re in This Together

On Wednesday, food workers and other low-wage earners around the country …

Obama’s Trade Agreements are a Gift to Corporations

On Thursday, legislation moved forward that would give President Obama …

Getting from Here to There

Business-as-usual is sure to deliver us a future that is both unsustainable …