The moment I first learned about climate change will always stick in my mind. A seventh-grade ecology class led to a conversation between girls after school about what, back then, was being called “global warming”. Kicking at the snow while waiting for the bus in the depths of an upstate New York winter, it sounded like a good thing. Of course, we soon learned it wasn’t – and many of us became enthusiastic environmental activists, running school campaigns on decreasing electricity use, reducing … [Read more...]
The Real Economy
An essential element of a functioning community is that all roles are filled, that people individually and together do what is necessary for the success of the community. In this era of climate change and contracting energy resources, one important and potentially divisive issue is household roles. Many American households these days are just fueling stations for people who sleep and microwave in order to return to work or school. When both parents work and the kids spend all day outside of … [Read more...]
Resist Globally, Renew Locally
A recent discussion forum among the members of The Great Transition Network focused on “The Promise and Pitfalls of Localism.” My friend and colleague Brian Tokar started the discussion by noting that even though there is a resurgence of progressive action at the local level, “reactionary nationalist movements in Europe and beyond seek to position themselves as the true voices of a renewed localism.” Both parts of Brian’s observation are correct. But the fact that the language of localism is … [Read more...]
To Leave or Remain: Dichotomy or Distraction?
Ever since the Brexit referendum was first announced, we have been bombarded by an array of starkly contradictory pronouncements – from the Leave camp’s now infamous claim that withdrawal from the EU would release £350 million a week for the NHS to the former Chancellor George Osborne’s assertion that Brexit would leave the UK “permanently poorer”. At first glance, the two sides seem to have almost nothing in common; these are polar opposites. Dig beneath the surface, however, and a fundamental … [Read more...]
Why Growth Can’t be Green
Warnings about ecological breakdown have become ubiquitous. Over the past few years, major newspapers, including the Guardian and the New York Times, have carried alarming stories on soil depletion, deforestation, and the collapse of fish stocks and insect populations. These crises are being driven by global economic growth, and its accompanying consumption, which is destroying the Earth’s biosphere and blowing past key planetary boundaries that scientists say must be respected to avoid … [Read more...]
Ten Years After the Crash: more of the same, or a new beginning?
The year 2008 was a momentous one. The ‘anniversary’ headlines are of course all about the financial crash. As Nick Mathiason in The Guardian put it at the time: "It was the year the neo-liberal economic orthodoxy that ran the world for 30 years suffered a heart attack of epic proportions." While the global establishment panicked, governments rallied round and got the flatlining monitor back up again by pumping in trillions of dollars to stop the world banking system from collapsing. The … [Read more...]
An Economy of Meaning – or Bust
It’s not often that a scientist gets to use the words love, creativity, and wisdom in a paper, especially when writing about economics. Perhaps that’s because economics, the dismal science, is obsessed with dismal systems – make that abysmal systems, relative to need. To be clear, I’m not speaking of the specific policies of the US, the EU, China, the World Bank or others. I’m speaking of dominant economic systems as wholes – especially their underlying conceptual models (macro and micro) and … [Read more...]