ECONOMY

Economic systems drive human impact on Spaceship Earth and even on space beyond the earth’s atmosphere as the above illustration of space debris shows. The great issue of our times is whether economic growth can be sustained as the environment, resources and life support systems of the planet are impacted and consumed at exponentially accelerating rates.

The ideology of growth – Schmelzer’s article traces the emergence of economic growth measured by GDP as mainstream policy around the entire world. This coincided with the Great Acceleration of the Anthropocene Epoch after WWII; Genuine Progress Index (GPI) – an alternative to GDP; The serious absurdities of GDP. – Non-productive GDP growth (land price inflation)

Circular economy benefits – Can a steady state or circular economy as a goal for societies ever replace the universal political desire to maximise the expansion of GNP? Doughnut economics – Kate Raworth’s model for a safe operating space between poverty and planetary boundaries. Raworth’s doughnut economics  critically reviewed as too upbeat.

Planned de-growth – is it possible?  De-growth aesthetics of existence Part 1– Samuel Alexander, Part 2

Local currencies offer one alternative to mainstream monetary economy; Mondragon – a cooperative Basque corporation owned by the workers; Localism – antidote to globalism

Can the increasing concentration of wealtsh in fewer and fewer hands be reversed? Is the increasing concentration of production and distribution in the hands of a few global brands desirable? There is a growing movement of pressure groups against wealth concentration: click here for examples.

Positive money – this short video (6 min), from a campaign to reform the financial system, critiques UK government misuse of quantitative easing following the 2008 Great Financial crash.

Transport (Global Mobility Report) is responsible for 18% CO2 emissions worldwide largely due to driving and flying.

 

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