By Norton Smith, Resilience.org
We live with the belief that we have created an economic system called capitalism and that we have control over it though government policy and taxes. What if the tables were turned and capitalism only describes a self organizing system that creates itself in an environment of surplus goods and services?
By Richard Eckersley, Resilience.org
The work on progress indicators is all well and good, especially in challenging the political priority given to GDP. However, over the years I have grown more sceptical of the possibility of measuring, accurately and fully, the state of nations and the wellbeing of their people.
By Chris Smaje, Small Farm Future
I don’t necessarily think all neo-optimist whizz-bangs are intrinsically a waste of time, but we need a Plan B … and this, I think, is a small farm future, which I suspect may well become Plan A.
By Brian Czech, The Daly News
Right now, due to the bipartisan obsession with economic growth, Democrats look like losers at the GDP racetrack, racist sentiments are fair game again, and the rapacious pursuit of growth is liquidating the environment. Democrats, racial minorities, and environmentalists can pine independently, “Woe is me.”
By Nate Hagens, D.J. White, Resilience.org
The good news, of course, is that GDP is an insane metric for success, just as “giant stone heads” was (though to give the Easter islanders their just due, at the time they had no evidence their belief was nuts, while in 2016 we have demonstrable proof that the conclusions of neoclassical economics are refuted by basic science). If we decide that we value happiness, quality of life, and a healthy planet with uncounted thousands of human generations left, we could in principle jettison GDP and do things differently. It won’t be easy, only necessary.
By Jeremy Lent, Patterns of Meaning
Welcome to the cruel, topsy-turvy economic logic of a civilization facing the risk of collapse. As millions of people increasingly suffer the devastation of climate breakdown, we can expect the economy—as measured by conventional benchmarks—to maintain and even strengthen itself right up to its breaking point.
By Martin Kirk, Jason Hickel, Joe Brewer, Occupy.com
If there is one idea that has gained the status of true hegemony – dominant and unquestioned around the world – it is the idea that we need to perpetually grow our economies, and every part of them, in order to improve the quality of human life.
By Erik Lindberg, Resilience.org
One of the notable features of Growthism is the way it takes growth to be entirely normal and, at the same time, understands it as the very recent triumph of humanity over the awful conditions it faced for the first two hundred thousand years of its existence as a species.
By Sam Pizzigati, Foreign Policy In Focus
“Inequality is becoming unbearable,” former Inter-American Development Bank president Enrique Yglesias pronounced. Our economic chasms have reached “obscene proportions.”
By Federico Demaria, New Internationalist Blog
Our proposal is not necessarily to reduce GDP (an arbitrary indicator), but rather to ask new questions and search for alternatives to today’s society based on a predatory, unjust and unsustainable capitalist economic system.