We Speak For Earth

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Posts tagged "ideas"

Listen to the news today and you would think that economic growth was the only answer to all our problems. But 40 years ago The Limits to Growth, written by a group of scientists at the Massachusetts Institute of Technology and published by The Club of Rome, broke a modern taboo: it suggested that growth itself might be the problem.

It wasn’t the first time someone had suggested that an economy endlessly expanding in scale was neither possible nor necessarily desirable. As long ago as 1821, David Ricardo wrote of the ultimate equilibrium to which economic development led. And, in his Principles of Political Economy, 1848, John Stuart Mill raised and answered the question like this:

“Towards what ultimate point is society tending by its industrial progress? When the progress ceases, in what condition are we to expect that it will leave mankind? It must always have been seen, more or less distinctly, by political economists, that the increase of wealth is not boundless: that at the end of what they term the progressive state lies the stationary state, that all progress in wealth is but a postponement of this.”

Why, then, did The Limits to Growth shock in 1972, and why does questioning growth today still provoke incredulity and anger? The report itself became something of an albatross for the green movement. The view entered folklore that it contained predictions about resource use that were alarmist and plain wrong. But, as New Scientist magazine reported recently, it was the critics of the book who turned out to be mistaken.

Here’s a perfect article for the back-to-work-week doldrums:

Millions of Americans have lost control over the basic rhythm of their daily lives. They work too much, eat too quickly, socialize too little, drive and sit in traffic for too many hours, don’t get enough sleep, and feel harried too much of the time. It’s a way of life that undermines basic sources of wealth and well-being—such as strong family and community ties, a deep sense of meaning, and physical health.

Earn less, spend less, emit and degrade less. That’s the formula. The more time a person has, the better his or her quality of life, and the easier it is to live sustainably.

Imagining a world in which jobs take up much less of our time may seem utopian, especially now, when a scarcity mentality dominates the economic conversation. People who are employed often find it difficult to scale back their jobs. Costs of medical care, education, and child care are rising. It may be hard to find new sources of income when U.S. companies have been laying people off at a dizzying rate.

But fewer work hours for people with jobs is a key step toward solving the unemployment crisis—while giving Americans healthier lives. Fewer hours means more jobs are available to people who need them. Living on less pay usually means consuming less, making more of the things one needs at home, and living lighter, whether by design or by accident.

thecommunes:

The Economics of Happiness - Trailer

Economic globalization has led to a massive expansion in the scale and power of big business and banking. It has also worsened nearly every problem we face: fundamentalism and ethnic conflict; climate chaos and species extinction; financial instability and unemployment. There are personal costs too. For the majority of people on the planet, life is becoming increasingly stressful. We have less time for friends and family and we face mounting pressures at work.

The Economics of Happiness describes a world moving simultaneously in two opposing directions. On the one hand, an unholy alliance of governments and big business continues to promote globalization and the consolidation of corporate power. At the same time, people all over the world are resisting those policies, demanding a re-regulation of trade and finance—and, far from the old institutions of power, they’re starting to forge a very different future. Communities are coming together to re-build more human scale, ecological economies based on a new paradigm – an economics of localization.