Tag Archives economics

Human civilization can thrive while living within sensible limits imposed by a finite system. “Renegade" economist Kate Raworth manages to tell the truth about what we’re getting wrong in economics, while at the same time inspiring activism and optimism. In this conclusion of a two-part interview, Kate finishes her list of seven fundamentals to achieving a healthy 21st century economy. Her recently published book, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, was called “brilliant, thrilling and revolutionary”…

What exactly are “think tanks” supposed to be thinking about? Are some of them part of a campaign to cast doubt on science when it could interfere with profits? Author Kerryn Higgs recounted the growth-seeking activities of the corporate world in her book, Collision Course: Endless Growth on a Finite Planet. Her research reveals think tanks, industry associations, and even university economics departments all play a role in advancing and preserving our society’s commitment to growth above all else, even…

We’re not living on Earth as if we want to stay, observes Mike Nickerson. In our last episode, Mike Nickerson shared his vision for, and the joy of, making the cultural shift necessary for a sustainable human civilization. In this continuation of the conversation, we explore some of the forces keeping our system stuck in an unsustainable mode. Nickerson leads the Sustainability Project/7th Generation Initiative in Canada, a non-profit organization that collects, studies, develops and teaches ideas, information, technologies and…

“We could be having so much fun that there just isn't time to consume resources on a quantity, or produce waste on a quantity that would be problematic for the planet,” according Mike Nickerson. He shares his ideas about how enjoyable it could be to make the cultural shift necessary for human civilization to be sustainable. Mike Nickerson has spent his career advancing sustainability. In the 1970s he founded and co-directed the Institute for the Study of Cultural Evolution. Today…

Was globalization a temporary state that has run its course? That’s the case made by Jerry Mander, who believes there is plenty of evidence that the promises of capitalism, consumerism, individual wealth and never-ending growth are coming up empty. He’s founder of the International Forum on Globalization and author of The Case Against the Global Economy and for a Turn Toward the Local. He also wrote The Capitalism Papers: Fatal Flaws of an Obsolete System in 2012. Jerry Mander is…

While world leaders wring their hands over forecasts of timid GDP growth, a growing list of visionaries around the world are collaborating to redefine economic objectives in a more meaningful and sustainable way. Former White House advisor Gus Speth has been at the forefront of new economic thought for decades. His prescription for change is not a bunch of economic mumbo-jumbo for boards and bankers. His ideas reach deep into the way we conduct our personal lives. We need to…

Robust economic growth has become the Holy Grail of public policy and politics. But some economists and many scientists have come to believe growth has become “uneconomic." Former World Bank Senior Economist Herman Daly explains this in terms we can all understand. The economy is a sub-system of a larger system. The larger system being the biosphere, the environment. The biosphere is finite, non-growing, materially closed. We get a flow of solar energy coming in, but it's not growing, either.…

“Gross Domestic Product has now become a fetish,” according to economist Raj Patel. Many undesirable things end up adding to GDP: wars, disease, and environmental destruction, for example. And GDP fails to measure many desirable indicators of community health. It has led us to live in an ecologically and socially unsustainable fashion. No one wants to live in the Stone Age, no one wants to live in a time with bad medical care, no one wants to live in a…

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