I'd be interested in this as well. Both the current economic foundation as well as monetary policy must be changed. Keynesian economics clearly doesn't account for the true costs of production, which I think is a huge part of the problem, but not all. There's alot of reading out there on "why" both the economic and monetary systems are failing us now and why they need to be changed, but I've yet to find good alternatives proposed, especially as a replacement to the fractional reserve banking system which demands exponential growth.
--Martha ----- Original Message ----- From: "Katie Quinn-Jacobs" <[EMAIL PROTECTED]> To: "Sustainable Tompkins County listserv" <[email protected]> Sent: Monday, November 24, 2008 6:51 AM Subject: Re: [SustainableTompkins] Good Housekeeping Sure, it's becoming easier for people to appreciate the pitfalls of growth capitalism, but is there any other viable option ready to step in? I see the lack of economic savvy as the weak link in the sustainability revolution. How do we organize markets without growth? Is there an economic arm to this movement? -- Katie Q-J Margaret McCasland wrote: > ekos: Greek for "house;" root of both "economy" and "ecology" > > My new "Good Housekeeping" mantra: "What's good for America (and > Earth) is good for General Motors." > > FYI, if you're too young too remember, a rewording of: "What's good > for GM is good for America," an iconic misquote. See discussion below, > from a blog which is an interesting in and of itself: > > > http://www.cals.ncsu.edu/agcomm/writing/newsrls/12-02-05a.htm > For decades, GM symbolized the U.S. economy. In the 1950s, GM > President Charles Wilson was reported to have said, "What's good for > GM is good for America." Although his actual statement was "…what was > good for the country was good for GM, and vice-versa", the point is > that the auto industry was one of the largest and most successful > economic entities in the country. Almost 10 percent of the national > economy was directly or indirectly tied to the auto industry, and > American-made cars were the standard around the world. . . . > > > NOTE: I find the balloon analogy interesting, because another possible > balloon-based-vision is of a "constant growth model" simply > exploding. Earth needs an economic model--a Good Housekeeping > approach-- that is NOT based on constant growth. --Margaret > > > _______________________________________________ > For more information about sustainability in the Tompkins County area, > please visit: http://www.sustainabletompkins.org/ > > RSS, archives, subscription & listserv information for: > [email protected] > http://lists.mutualaid.org/mailman/listinfo/sustainabletompkins > free hosting by http://www.mutualaid.org > > -- _______________________________________________ For more information about sustainability in the Tompkins County area, please visit: http://www.sustainabletompkins.org/ RSS, archives, subscription & listserv information for: [email protected] http://lists.mutualaid.org/mailman/listinfo/sustainabletompkins free hosting by http://www.mutualaid.org _______________________________________________ For more information about sustainability in the Tompkins County area, please visit: http://www.sustainabletompkins.org/ RSS, archives, subscription & listserv information for: [email protected] http://lists.mutualaid.org/mailman/listinfo/sustainabletompkins free hosting by http://www.mutualaid.org
