Insight and inspiration in turbulent times.
In this country there is a common sentiment that a person should go forth and set the trend, then others join it. In a culture where Warren Buffett, Donald Trump, Steve Jobs, Elon Musk, and Richard Branson are elevated as role models, we are trained to think big or not at all. No one in fourth grade says they want to be a social worker or a farmer or a good cooperator—that’s not sexy enough. I become a bold leader and they join me.
Why have I begun talking about ownership? It isn’t the usual language of making democracies work, except in that vague and dishonest usage where we are encouraged to ‘feel ownership’ of decisions made by others. It feels like we have not had a thorough, open-minded discussion about ownership for a long time. Doing so might begin to reveal how new institutions can move us beyond the current system failures.
Our basic intuition, which we started out by developing in a series of articles, was that a genuinely sustainable society requires a circular and regenerative economy which, as a result, needs to give up growth as it guiding and regulating principle.
Lucky for us, the possibilities to transform capitalism and to create a more inclusive economy that operates in better harmony with social and ecological systems is already being developed. In my new book, “Post-Capitalist Entrepreneurship,” I attempt to shine the light on the growing movement of alternative organizing occurring around the globe.
It’s surely preferable to present a sober and systematic unpicking of the mechanics of political power and economic provisioning that can clarify alternative endpoints, than to regale the reader with upbeat stories of how things may just turn out well. At its best, Raworth’s book does some good unpicking. But it still leaves us a long way from home.
One of the persistent criticisms of the Universal Basic Income is that it would either entice people to purchase addictive substances, such as alcohol, or enable existing addictions through the added cash benefit. Dr. Katarzyna Gajewska, an independent scholar researching the UBI, has studied this question in the past. Her unique insights deserve further exploration.
Eticom is a member of mésOpcions, an “intercooperation” project that bundles together the goods and services offered by a number of cooperatives – in addition to Eticom, including Som Energia and Fiare – and which, according to its coordinator, Jordi Rojas, “seeks to provide access to social market services. For just six euros a year, you can access the services of all the projects without having to become a member of each one of them.”
As a result of my participation in an organizational context whose mandate is the promotion of worker cooperatives, I have realized the great unease of some worker-cooperators with the notion of entrepreneurship. This reaction is shortsighted and represents a failure to be fully cognizant of the business environment in which worker cooperatives must operate.
Here’s the hard bit. It’s just not possible to achieve emissions reductions of 8-10 per cent per year by decarbonising the economy. In fact, there is a strong scientific consensus that emissions reductions of this rate are only feasible if we stop our mad pursuit of economic growth and do something totally unprecedented: begin to scale down our annual production and consumption. This is what ecologists call ‘planned de-growth’.
Prompted by the sense that we are living through a moment of transition, George’s latest book, ‘Out Of The Wreckage: A New Politics for an Age of Crisis’, attempts to sketch a way forward. Most important to this project, he argues, is a political ‘narrative’ that can gain traction as the new ‘common sense’, carrying within it our values and the society that we want live in. But the book is also full of practical proposals, from land value taxes and community land trusts, to democratic reforms and ‘Big Organizing’.
The drive toward a basic income isn’t new. It’s a 100-year-old movement that has gotten stronger each time inequality has returned to the public discussion. Support for unconditional basic income (UBI) has grown so rapidly over the past few years that some might think the idea appeared out of nowhere. In fact, activists have been floating the plan – and other forms of a basic income guarantee (BIG) – for over a century.
The next economy will have to balance the needs of Earth’s expanding population with the shrinking level of resources which are available to everyone. This dynamic equilibrium is called carrying capacity.
