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Showing posts with label people driven economy. Show all posts
Showing posts with label people driven economy. Show all posts

Sunday, April 24, 2011

Home of the Brave

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John Steinvold
Activist Post

The Economists concede that economics is an inexact science. What does that mean? Perhaps it means their economic forecast is better than yours or mine. Recently, economic indicators have been rising and people have their fingers crossed. Economists have given us reason to hope that the job market will improve and that the stock market will continue on a steady climb. Yet, the newspapers continue to report more layoffs and more jobs going overseas.

Meanwhile, our economy is getting more and more complex. We associate complexity with progress for some ungodly reason. The following problems, however, have become inherent in our economy. What does that mean? It means they will be around for a while:

Monday, November 29, 2010

'Dramatically Poisonous' Economy Heading to 'Catastrophic' Collapse, Says Acclaimed Economist

The economy is to serve the people, not the people to serve the economy -- Manfred Max-Neef

Human World Order

Acclaimed economist Manfred Max-Neef, author of the award-winning book From the Outside Looking in: Experiences in 'Barefoot Economics' recently appeared in a must-see interview on Democracy Now where he says a second, more catastrophic crisis is unavoidable because our economic model is "dramatically poisonous."  Max-Neef explains that "Greed is the dominant value today in the world and as long as that persists, we're done!"  But he doesn't just mean done economically, he means done as a species.

Going beyond facts and figures to describe economics, his philosophy is based on a macro-world view, where he accounts for the biosphere, human creativity, security and happiness, and life in all of its manifestations. He reveals that the majority of economists have great knowledge, more than ever before, but they lack understanding. The two differ as, "knowledge is a function of science, whereas understanding is holistic," explained Max-Neef.  Using the metaphor of love to simplify: we may read and accumulate great knowledge about love, but we can never fully understand it until we fall in love and experience it.

His philosophy of humanizing economics, or "Barefoot Economics," stems from spending years living in and studying the culture of poverty to better understand the economics of it.  He concludes that the poverty culture has entirely different principles than our modern culture, where they must depend on enormous creativity, cooperation and solidarity of people. In poverty, "you cannot be an idiot if you want to survive," he quipped.

He emphatically assures Amy Goodman in the interview that the "next crisis is coming, and it will be twice as much as this one (referring to financial collapse of 2008)." Only for this one, "there will not be enough money anymore -- so that will be it!" Even more frightening are his views that the ecosystem may be beyond critical tipping points.  He says, "Some important scientists believe that it is definite, we are finished . . . I have not reached that point, but I believe we are close."

Max-Neef claims the biggest problem is that economists view nature as a subset of the economy, not the other way around, where "economists don't realize that if the bees disappear, so will he disappear." In other words, the notion that infinite growth can persist in a finite biosphere is dead wrong.  And we may already have reached a point of no return.

When asked what he thinks needs to change, he replied: "Oh, almost everything! We act systematically against the evidences we have."  He believes the economy will "catastrophically" self-correct and a new model must emerge with principles to humanize the economy in balance with the biosphere. His five principles and values to develop a humanized economy are as follows:
  1. The economy is to serve the people, not the people to serve the economy.
  2. Development is about people, and not about objects.
  3. Growth is not the same as development, and development does not necessarily require growth.
  4. No economy is possible in the absence of ecosystem services.
  5. The economy is a subsystem of a larger finite system -- the biosphere, hence permanent growth is impossible.
The fundmental value that is needed to sustain this new economy is, "No economic interest, under any circumstances, can be more important than LIFE in all its manifestations."

Economics Unmasked: From Power and Greed to Compassion and the Common Good

When the engineered collapse comes, we can bet that the corporate-government will offer up their "solutions."  It's not good enough for the Human World Order simply to oppose tyranny; we must also present logical solutions.  Manfred Max-Neef is offering a philosophy to re-humanize the economy.  From the ashes of the collapse will come the opportunity to build a new economy based on human principles of valuing all life.  Ultimately, he is hopeful because of the amazing human creativity and solidarity witnessed among the impoverished.  We shall create our way out of the crisis, but it must take place in an entirely new economic model to be successful.

Please watch the entire interview with Amy Goodman on Democracy Now.  And follow Manfred Max-Neef's books and speaking engagements here.  Below is an older video describing his work in an indigenous village in South America.


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Sunday, November 21, 2010

Former Manchester United Footballer Ignites Banking Protest

Eric Cantona - MPC/Rex features image
Thousands of French protesters have taken up the former Man United footballer's call for a mass cash withdrawal

Kim Willsher
Guardian

As students and public sector workers across Europe prepare for a winter of protests, they have been offered advice from the archetypal football rebel Eric Cantona.

Cantona was once a famous exponent of direct action against adversaries on and off the pitch. In 1995 he was given a nine-month ban after launching a karate kick at a Crystal Palace fan who shouted racist abuse at the former Manchester United star after he was sent off. But while sympathising with the predicament of the protesters in France, the now retired Cantona is urging a more sophisticated approach to dissent.


The 44-year-old former footballer recommended a run on the cash reserves of the world's banks during a newspaper interview that was also filmed. The interview has become a YouTube hit and has spawned a new political movement.

The regional newspaper Presse Océan in Nantes had asked Cantona about his work with the Abbé Pierre Foundation, which campaigns for housing for the destitute and for which he produced a book of photographs last year. But the discussion soon moved on to other issues, including the demonstrations in France and elsewhere against government cutbacks in the new era of austerity.

Cantona, wearing a bright red jumper, dismissed protesters who take to the streets with placards and banners as passé. Instead, he said, they should create a social and economic revolution by taking their money out of their bank.

He said: "I don't think we can be entirely happy seeing such misery around us. Unless you live in a pod. But then there is a chance... there is something to do. Nowadays what does it mean to be on the streets? To demonstrate? You swindle yourself. Anyway, that's not the way any more.

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