" />
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.


A New Economy: Social, Commons, Feminist, and Environmental

The conference on Platform cooperativism organised by Trebor Scholz and …

Can Industrial Hemp Save Kentucky’s Small Farms?

At the birth of any industry, uncertainty abounds. So does opportunity, say …

The Working World: Funding Co-ops with Non-Extractive Capital

As more and more consumers get savvy about where they put their money, how …

The Great Transition Experiment: New Economy Alternatives

Money animates the institutions that shape every facet of our lives: …

Keep it Local! The Complementary Currency Alternative

New alternative and complementary currencies are a growing worldwide trend, …

The End of the Extraction Economy

Big box retailers have been a major player in this economy and …

The Commons as the Response to the Structural Crises of the Global System

The emerging answer for a new mode of value creation is the re-emergence of …