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Today’s Contemplation: Collapse Cometh LV–Expediting ‘Collapse’: Financialisation of Our Economic System
Today’s Contemplation: Collapse Cometh LV Rome, Italy (1984). Photo by author. Expediting ‘Collapse’: Financialisation of Our Economic System A very short contemplation that deviates from the ‘series’ I’ve been writing on several psychological mechanisms that impact our cognitions regarding overshoot and collapse. This is a brief comment (with a slight edit) on an article by The Honest […]
Is It Time for a New Direction?
Is It Time for a New Direction? If Americans are not doing some serious soul-searching in the midst of this crisis, they need to start. Where America goes from here is not some sort of esoteric debate. What we do at this point has life or death consequences. Get it wrong, and suffer more death, […]
Money is no Object
Money is no Object Chances are, most of what you’ve learned about taxes and the economy is wrong. In fact, the key principles at work in our economic system are very different from what we’re taught. If you find you’re one of those who’s been misled, it’s not your fault. A system such as ours […]
Giorgos Kallis’ Degrowth | A review by Sarah Hafner
Giorgos Kallis’ Degrowth | A review by Sarah Hafner Rethinking our economic paradigms is an urgent and fundamentally important task. Giorgos Kallis’ new book Degrowth is adding to a joint endeavour of postgrowth thinking, CUSP PhD candidate Sarah Hafner finds. It offers both, a justification as well as a vision and new imaginary for the degrowth […]
The Viable Economy – and Viable Finance
The Viable Economy – and Viable Finance via openclipart.org It is all too clear that our economy is precarious, economically, socially and ecologically. Steady State Manchester promotes the Viable Economy1, which means greater resilience, localisation, and balance as economic activity is treated not an end in itself, but rather as a means to deliver a […]
Cursed to live in interesting times
Cursed to live in interesting times In this article I connect the fall in the growth rate, with its roots in the rising costs of energy extraction and generation, to declining resilience in the economic system. These are in turn related to a more conflict ridden geo-politics. There is an increased vulnerability to shocks which […]
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence Tim Jackson speaks at the 1st Summer School of the Club of Rome in Florence, Sep, 2017 (image courtesy Daniel Reinhardt) There have been several interesting talks at the Summer School on Sustainability in Florence, but the one […]
A Fatal Flaw in the System
A Fatal Flaw in the System The Hard Rocks of Real Life BALTIMORE – The Dow dropped 174 points on Thursday, the biggest fall in six weeks. Not the end of the world. Maybe not even the end of this year’s bounce-back bull run. As you’ll recall, stocks sold off at the beginning of the […]
Fractional-Reserve Banking is Pure Fraud, Part I – Jeff Nielson
Fractional-Reserve Banking is Pure Fraud, Part I This is a commentary which should never have needed to be written. What is euphemistically called “fractional-reserve banking” is obvious fraud, and obvious crime. By its very definition; it transforms the banking sector of an economy into a leveraged Ponzi-scheme, and as with all Ponzi-schemes, there is no […]
Extinction, the New Environmentalism and the Cancer in the Wilderness
Extinction, the New Environmentalism and the Cancer in the Wilderness The word is in from the wildlife biologists. Say goodbye in North America to the gray wolf, the cougar, the grizzly bear. They are destined for extinction sometime in the next 40 years. Say goodbye to the Red wolf and the Mexican wolf and the […]
We need a new economic system
We need a new economic system As the 2016 election begins to come into focus, economic populism appears to be the order of the day. The Center for American Progress, the Campaign for America’s Future and National People’s Action,Hillary Clinton, Bernie Sanders, Bill de Blasio and the Roosevelt Institute have all in the last few months released programmatic calls to action highlighting […]
