" />
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.


Progress Toward a True-Cost Economy Now Comes From Developments in Renewable Energy

A renewable energy revolution is sweeping the planet. This revolution has …

These Friends from High School Bought an Abandoned Factory. Now They're Distilling Artisanal Whiskeys

“If we can put this building back to work, we can put any building in …

Self-Help by the People: A Short History of Cooperatives in Britain, With a Foray into the United States

This is the story of 175 years of successful self-help, of an international …

Can an Olympics Fight Inequality?

As someone concerned about inequality, what would it take for you to support …

We Need New Economics for a New Era of History

We are entering a new era in which the current way we run our economy …

What does REconomy look like in ... Linlithgow, Scotland?

Alan Brown of Transition Linlithgow (TL) in Scotland participated in the …

It’s time for a new political and economic system – A conversation with Gar Alperovitz

Here’s our starting point: If you don’t like corporate …