1 Comment →Video: understanding the functioning of a steady-state economy
janet
steady state in human terms is not enough
we live in an ecology
that is not currently a part of any of the economic models
we need an economics which is at minimum in steady state for other species, for climate, for fresh water. which it isn’t on any measure. we need a human economics which has as its foundation a steady state in those systems so that the economy can continue.
taking an arbitrary value/output of an economy and then using that as the level of resource use is only viable once you have pitched that level at a rate that is steady for the environmental context.
ie we need to contract our consumption, contract resource use, change to use of sustainable renewable resources, lose reliance on single use materials like fossil fuels. then we need to figure out how to do that in a way which does not generate war and famine because that will generate destruction and desperation which will not adhere to any economic model.
our main problem at the moment is that money/mining/military all are using a maximum exploitation approach to concentrating wealth and power which disables communities and destroys clean water through fracking and destroys regions with war including human skill and collaboration which could be useful.
they are choosing to destroy the planet in the hope that they can ‘win’ control of the remnant piece if that is viable.
not sure if they even count that they are likely to war amongst themselves because they do not have a business model apart from violence and exploitation.
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steady state in human terms is not enough
we live in an ecology
that is not currently a part of any of the economic models
we need an economics which is at minimum in steady state for other species, for climate, for fresh water. which it isn’t on any measure. we need a human economics which has as its foundation a steady state in those systems so that the economy can continue.
taking an arbitrary value/output of an economy and then using that as the level of resource use is only viable once you have pitched that level at a rate that is steady for the environmental context.
ie we need to contract our consumption, contract resource use, change to use of sustainable renewable resources, lose reliance on single use materials like fossil fuels. then we need to figure out how to do that in a way which does not generate war and famine because that will generate destruction and desperation which will not adhere to any economic model.
our main problem at the moment is that money/mining/military all are using a maximum exploitation approach to concentrating wealth and power which disables communities and destroys clean water through fracking and destroys regions with war including human skill and collaboration which could be useful.
they are choosing to destroy the planet in the hope that they can ‘win’ control of the remnant piece if that is viable.
not sure if they even count that they are likely to war amongst themselves because they do not have a business model apart from violence and exploitation.