Not Banking on Banga
Banga needs to help the World Bank bring an end to the debt crisis and create real pathways for debtor countries to build resilience to climate change and volatility in the global economy.
Economy featured
What I learned from the British canals
The essential point is that economists’ competitive frame is falsely founded, and that our competitive social systems are spawning and reinforcing a dangerously myopic culture that is doing us a great deal of damage.
Escape from Overshoot: Excerpt
The immediate cause of overshoot is the combination of the massive increase in the number of people and what we produce made possible by the rapid and grossly uneven experience of economic growth of the past two hundred years.
Universal public services: the power of decommodifying survival
The power of universal public services is that we can improve people’s access to goods necessary for decent living, with provisioning systems that require less aggregate energy and material use and which allow us to accelerate decarbonization.
‘Farewell to Growth’ Serge Latouche (2007)
The degrowth movement exists to advance these difficult arguments – to take the large body of evidence as to why the current economic process is failing, and propose a range of alternatives which might avert the catastrophic failure of this system.
Alissa Quart’s ‘Bootstrapped: Liberating Ourselves from the American Dream’
In Bootstrapped: Liberating Ourselves from the American Dream, Alissa Quart – director of the Economic Hardship Reporting Project – addresses the meritocratic delusion of the “self-made man,”….
Black radical imagination helps us transform our relationships to energy, land & economy
For those of us interested in exploring alternative visions for the future of land, economy, and energy, the answers on how best to achieve collective liberation may come in lessons hard-learned from the past.
Foster & Iaione Probe Commoning in the City
The co-city process requires a lot of community-wide discussion and deliberation to come up with solutions, and a frank grappling with the elephants in the room.
The Mechanics of a Bond Market and its Impact on the Banking Crisis
It would be wrong to think of this as a “bank run” – much less as a panic. The depositors were not irrational or falling subject to “the madness of crowds” in withdrawing their money. The banks simply were too selfish…
Escape from Overshoot: Excerpt
Overshoot will transform economic and political systems. It is better to choose the transformations we want rather than have them forced upon us by circumstances beyond our control.
How Does Degrowth Apply to Our Minds?
Unpicking the dominant, growth-based worldview will mean closely analysing the stories we have been told (and who those stories might serve), and bravely and courageously assessing whether all of this growth really does bring us ‘the good life’.
Economic growth is fuelling climate change – a new book proposes ‘degrowth communism’ as the solution
Saito’s book is refreshing because it helps end an old feud between socialists who trust that new technologies and the automation of work can deliver an expanding economy with greater leisure time and those who argue for a socialism without growth.
