The P2P Daily
Follow
Find tag "economicgrowth"
28.9K views | +0 today
The P2P Daily
Monitoring peer to peer trends in every aspect of social life
Curated by P2P Foundation
Your new post is loading...
Your new post is loading...
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

The End of Economic Growth

Another impressive presentation by Richard Heinberg of why we have now entered the post-growth era and what will be the implications for our societies.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

We can't grow ourselves out of debt

We can't grow ourselves out of debt | The P2P Daily | Scoop.it
Charles Eisenstein: Let's replace our fixation on growth with a steady-state economy focusing on lower consumption, leisure and ecological health...

 

Very good analysis by Charles Eisenstein (author of "Sacred Economics") on the absurdity of rightist and leftist hopes to re-invent economic growth.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Beyond contemporary economic thinking - John B. Cobb

Beyond contemporary economic thinking - John B. Cobb | The P2P Daily | Scoop.it

"John B. Cobb, Methodist theologian and longstanding critic of the of the political-economic establishment, talks to Kulturos barai editor Almantas Samalavicius about his communitarian and ecology-based critique of neoliberalism and the potential for world religions to inform an alternative."

 

Cobb wrote in the 1989 with Herman Daly one of the classics for the transition to a new economy. Their book "For the Common Good. Redirecting the Economy towards Community, the Environment and a Sustainable Future" was years ahead of its time.

 

Must-read article from Eurozine.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Degrowth, expensive oil, and the new economics of energy

"Expensive oil ... does appear to be suffocating the debt-ridden, global economy, just as it is trying to recover ...

 

Unfortunately, mainstream economists, including those in government, seem oblivious to the close relationship between energy, debt, and economy, and this means they are unable to see that expensive oil is one of the primary underlying causes of today’s economic problems. Consequently, they craft their intended solutions (e.g. stimulus packages, quantitative easing, low interest rates to encourage borrowing, etc) based on flawed, growth-based thinking, not recognising that the new economics of energy means that the growth model, which assumes cheap energy inputs, is now dangerously out-dated. When growth-based economies do not grow, household, firms, and nations struggle to repay their debts, and quickly things begin to unravel in undesirable ways."

 

Excellent analysis by Dr Samuel Alexander of the links between global energy descent, rising commodity prices, the end of growth and the Great Depression.

 


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Building a civil economy

"The current crisis of global capitalism provides a unique opportunity to chart an alternative to the complicit collusion of central states and free markets that characterise liberal political economy. From this perspective, the proposed shift of focus from a self-interested pursuit of power or wealth (or both at once) to the quest for the common good opens the way for transforming modern economics. The alternative that this essay has outlined is a ‘civil economy’ whereby markets and states are embedded in the social relations and civic bonds that constitute society."

 

At OpenDemocracy Adrian Pabst sketches the contours of an alternative economy beyond free market and state, beyond austerity and neo-Keynesianism.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

New Inclusive Wealth Index shows lower growth and future risks for major economies

"Some large economies show significantly lower growth when natural assets such as forests and water are factored into growth indicators, an index showed on Sunday, a few days before an international sustainability summit starts in Rio de Janeiro."

 

Interesting new report from two of the UN's environmental institutions shows that the Beyond GDP debate needs more and faster progress.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

When Growth Outpaces Happiness

When Growth Outpaces Happiness | The P2P Daily | Scoop.it
It is startling to find that Chinese people’s feelings of well-being have declined in a period of such momentous improvement in their economic lives.

 

Richard Easterlin in NY Times: China demonstrates that "growth alone, even at sustained, spectacular rates, has not produced the kind of life satisfaction crucial to a stable society — an experience that shows how critically important good jobs and a strong social safety net are to people’s happiness."

 

Another piece of evidence that it is time for a new economic and social development model.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Jeremy Grantham: ‘Welcome to Dystopia’: We Are ‘Entering A Long-Term And Politically Dangerous Food Crisis’

Jeremy Grantham: ‘Welcome to Dystopia’: We Are ‘Entering A Long-Term And Politically Dangerous Food Crisis’ | The P2P Daily | Scoop.it

"We are five years into a severe global food crisis that is very unlikely to go away. It will threaten poor countries with increased malnutrition and starvation and even collapse. Resource squabbles and waves of food-induced migration will threaten global stability and global growth. This threat is badly underestimated by almost everybody and all institutions with the possible exception of some military establishments."

 

Joe Romm summarises the latest article by guru investor Jeremy Grantham in his Quarterly Newsletter. "The global economy is a Ponzi scheme".


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Commons: Alternatives to Markets and States

"...what is emerging fast is the alternative of a commons based economy. Peer to peer, social sharing, collaborative consumption, commons, economic democracy are all terms that cover economic activity that moves beyond the market and the state, based on cooperation and harnessing human creativity."

 

Excellent analysis by Derek Wall on the need to move to an economy of sharing, an economy of the commons as an alternative to failed socialism (state) and failed capitalism (market).


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

The end of the European dream

The end of the European dream | The P2P Daily | Scoop.it

"Nations states will have to do it, therefore, either together in some grand conference, or more probably alone, after the crisis has put some radical into power. When this will happen, the European Union will simply vanish as the USSR did after the August Coup and the Belavezha Accords. Those who still nurture the dream of a political Europe, whether it be the Europe of Regions of my own political family or the Europe as civilization of the volkish far right will have to accept, as I did, that Europe has become an hollow shell and that time has run out. It is around nation states, not necessarily the ones we know by the way, that Europe will have to face the long descent, until they too dissolve."

 

Pessimistic analysis by French blogger Damien Perrotin explaining why the end of growth will also mean the end of the European Union.Worth reading.


Via Willy De Backer
more...
No comment yet.
Rescooped by P2P Foundation from The Great Transition
Scoop.it!

Building a civil economy

"The current crisis of global capitalism provides a unique opportunity to chart an alternative to the complicit collusion of central states and free markets that characterise liberal political economy. From this perspective, the proposed shift of focus from a self-interested pursuit of power or wealth (or both at once) to the quest for the common good opens the way for transforming modern economics. The alternative that this essay has outlined is a ‘civil economy’ whereby markets and states are embedded in the social relations and civic bonds that constitute society."

 

At OpenDemocracy Adrian Pabst sketches the contours of an alternative economy beyond free market and state, beyond austerity and neo-Keynesianism.


Via Willy De Backer
more...
No comment yet.