In the aftermath of Donald Trump’s shocking election victory, a shattered Democratic Party and dazed progressives agree on at least one thing: Democrats must replace Republicans in Congress as quickly as possible. As usual, however, the quest to recapture power is focused on tactical concerns and political optics, and not on the need for the deeper conversation that the 2016 election should have provoked us to have: How can we overcome the structural pathologies of our rigged economy and toxic … [Read more...]
Our Obsolescent Economy
A friend of mine from India tells a story about driving an old Volkswagen beetle from California to Virginia during his first year in the United States. In a freak ice storm in Texas he skidded off the road, leaving his car with a cracked windshield and badly dented doors and fenders. When he reached Virginia he took the car to a body shop for a repair estimate. The proprietor took one look at it and said, “it’s totaled.” My Indian friend was bewildered: “How can it be totaled? I just drove it … [Read more...]
Life in a ‘degrowth’ economy, and why you might actually enjoy it
What does genuine economic progress look like? The orthodox answer is that a bigger economy is always better, but this idea is increasingly strained by the knowledge that, on a finite planet, the economy can’t grow for ever. But what is a steady-state economy? Why it is it desirable or necessary? And what would it be like to live in? The global predicament We used to live on a planet that was relatively empty of humans; today it is full to overflowing, with more people consuming more … [Read more...]
Will the Poor Always Be With Us?
It’s a familiar story. On his final journey toward Jerusalem, Jesus stops in Bethany to eat at the home of Simon, a leper. A woman enters with an alabaster jar of expensive ointment; she breaks the jar and pours the ointment on his head. Her gesture invokes the fury of some of those present. The ointment was worth a year’s wage, they grumble. It could have been sold, and the money given to the poor. “The poor will always be with you” was Jesus’ righteous and innocent enough reply. Jesus … [Read more...]
The Sharing Economy: It Takes More Than A Smartphone
I ran into my friend Rick the other day in a small town near our homes in northern Vermont. He was just coming out of the bookstore, holding a pink plastic bag that, I would soon learn, contained a dozen eggs from his flock of free range hens. After a bit of small talk, Rick asked, “you don’t by any chance have a pair of jumper cables in your car?” I did. “Would you be willing to drive over to the post office and jump my pickup truck? I’ve been trying to park on hills until I can get a new … [Read more...]
Place-based Everywhere: Lessons from Flood Wall Street
The arrests at the end of Flood Wall Street may have been the only reason the mainstream media paid attention to the several thousand people who parked themselves next to the Charging Bull for the better part of eight hours. But, although no station covered it, what happened before then was much more important to solving the climate crisis. There were few tweetable sound bites, but the world would do well to pay attention because it signaled the next big movement on the horizon. When the … [Read more...]