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There’s Hope for a New Economy in the New Year

January 17, 2012 • Daily Email Recap

Thanks to Bill Ryerson for forwarding me this article, written by Brent Blackwelder and published at the Center for Advancement of the Steady State Economy (CASSE) blog: http://steadystate.org/theres-hope-for-a-new-economy-in-the-new-year/

There’s Hope for a New Economy in the New Year

by Brent Blackwelder

Early in 2011 UN Secretary General Ban Ki-Moon issued a profound condemnation of the global economy’s ill-conceived pattern of growth: “For most of the past century, economic growth was fueled by what seemed to be a certain truth: the abundance of natural resources. We mined our way to growth. We burned our way to prosperity. We believed in consumption without consequences. These days are gone… Over time, that model is a recipe for national disaster. It is a global suicide pact.” (Spoken at the World Economic Forum in Davos, Switzerland, January 2011).

That’s a somber statement, but there’s hope that the U.S. will break free from this “global suicide pact” and develop a fundamentally different economy.  My prediction for 2012:  decentralized forces, formed in response to the unsustainable and unfair economic situation, will begin to fundamentally change how our national economy works. People in the Occupy Wall Street movement and groups working on human rights, public health, clean energy, and social and tax justice are laying the groundwork for a shift to a steady state – a dynamic and sustainable economy that pursues prosperity and full employment without GDP growth.

To read the full article, please click here: http://steadystate.org/theres-hope-for-a-new-economy-in-the-new-year/


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