Some years ago I began writing a blog called Enough Economics. It didn't get far because the ideas became the middle third of The Courageous State instead. But if you want to know why I am saying I think we need to limit consumption and can be better off as a result this is a place to start. The Courageous State goes much further and with more refinement.
Richard Murphy on tax, accounting and political economy
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Richard
Are you sure that the page to which you link under “this is a place to start” is the page to which you meant to link?
KR
Ian
Start from the bottom
Cuba has made the best of its limited resources by handing many of the mechanism’s previously totally run by the state to cooperatives. It is notable that they do not allow anybody to monopolise and form a corporation.
As in previous decades, we could take advantage of the huge leaps in technology and productivity by introducing a 25 hour week for all (with the obvious exception of emergency services.
I believe manufacturing goods and growing and producing food as locally as possible through cooperatives is definitely the direction to go in; to use what we have as optimal as possible.
Growth forever cannot continue.
I read an ‘Environmental’ book about 20 years ago and ever since I’ve been convinced that the economic system is based on an impossibility. All the worse for Britain as two of its major exports are banking and advertising – probably the two worst offenders. If the world is finite growth cannot be infinite.
Admire your effort to propose a new economics – the Economics of Sufficiency shall we say. Even AJP Taylor used to say in the fifties/sixties, economics doesn’t work because it presumes everyone works in an economic manner and they don’t. Otherwise nobody would ever be a fireman or refuse a job at higher pay. But choosing another religion than growth on which the world’s economy is deemed to depend is the supertanker of our age and seems to me is really a job for the philosophy department! Do they have one at City University? My own local University abolished its one a while ago – on the grounds, need one doubt, of lack of growth…
No, they don’t is, the short answer to that
Disappoinitng