Category Archives: Economy

Economy Plan B: Building an Efficient, Resilient, Solidarity Economy

So we need to build a new economy, right? And we’re trying, but it’s not happening fast enough, or going deep enough. So here’s a bit of a provocation, a suggested blueprint for one way of doing it. It’s all fairly simple, won’t take much money, and could be transformative if we put all the pieces together.

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Taking the Shine off the Holy Grail of Economic Growth

Economic growth has without a doubt become the most fetishised public goal of our time. Every politician must promise it to get or keep elected office. It solves many problems. It is a goal shared by all. It reduces unemployment, provides governments with much-needed tax revenue, makes hard workers rich, reduces wrinkles, and clears up your complexion. Who in their right mind would not favor robust economic growth?

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Innovate our Way out of This Mess? Don’t Bet on It!

When you take a really honest look at the track record of technology and innovation, it is sobering. It’s very difficult to get it all right when there are over 7 billion of us doing it. Add to that aspiring to be materially richer year after year, and we have a recipe for large-scale disaster. When you fully consider the track record, betting on innovation to keep the party going is about as rational as investing all your retirement savings on a lottery ticket.

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