May 2013 Solutions Journal: Pavan Sukhdev, Kevin Kromash
The transition to a circular economy and the valuation of ecosystem services.
... The corporation produces almost everything we use or consume. The private sector generates around 60 percent of global gross domestic product (GDP), and provides around 70 percent of global employment. But in addition to delivering livelihoods and the stuff of daily living, the corporation also risks its very existence and the stability of the economy as a whole by using natural resources too fast and polluting too much, without paying for these damages, or what economists call “externalities.” These unaccounted costs to society of “business as usual” for just 3,000 of the largest publicly listed corporations add up to an estimated $2.15 trillion per year. In other words, these top corporations collectively inflict costs and damages to the tune of 3.5 percent of global GDP every year and, until recently, we have been none the wiser.
Corporation 2020 addresses this imbalance through four planks of change, which, when implemented, can snowball into significant structural changes in the economy.... http://thesolutionsjournal.com/node/22221
WATCH TED VIDEO Richard Heinberg "THE STORY OF MORE: How to build a new economy that operates within Earth’s budget of energy and resources.
What if we aren't about to return to economic growth? What if the economic growth era is actually behind us? Richard Heinberg’s latest landmark work, The End of Growth, goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. He describes what policymakers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP.... http://www.resilience.org/stories/2013-06-21/the-story-of-more-richard-heinberg
Here's something EVERY community should have, but almost none do. This isn't a picture of a factory or cubicles in an office building. It's a makerspace. In this case, it's the Artisan's Asylum in Somerville, MA.
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