The Sustainable Economy
polaris_x
Posts: 13,559
ok ... i know i'm not an economist and that my understanding of the whole nuts and bolts is limited at best ... having said that - i'm pretty sure our current model is fucking moronic ...
growth, gdp, consumption, etc.. who the heck came up with these metrics to determine the health of an economy? ... those things might have been ok before we learned that there was a thing called consequence! ...
to me the most important thing an economy should be is sustainable ... that means - if a new fish species is discovered ... we could send out a gazillion fishing boats and fish it to death and create massive growth and jobs but after a year or so - it would be all gone ... industries need to be sustainable ... and i haven't even gotten into my treehugger components ...
there needs to be a new metric that factors in sustainability ... in our simplest forms ... we need food and shelter and access to education and health care ... the "health" of a country or state should be connected to those things ...
the current model is a sham ... globalization and free trade agreements have done nothing but create a massive prosperity gap, environmental destruction and mass suffering ... it's time to play it a different way ...
growth, gdp, consumption, etc.. who the heck came up with these metrics to determine the health of an economy? ... those things might have been ok before we learned that there was a thing called consequence! ...
to me the most important thing an economy should be is sustainable ... that means - if a new fish species is discovered ... we could send out a gazillion fishing boats and fish it to death and create massive growth and jobs but after a year or so - it would be all gone ... industries need to be sustainable ... and i haven't even gotten into my treehugger components ...
there needs to be a new metric that factors in sustainability ... in our simplest forms ... we need food and shelter and access to education and health care ... the "health" of a country or state should be connected to those things ...
the current model is a sham ... globalization and free trade agreements have done nothing but create a massive prosperity gap, environmental destruction and mass suffering ... it's time to play it a different way ...
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The poison from the poison stream caught up to you ELEVEN years ago and you floated out of here. Sept. 14, 08
Wonderful post, Polaris. I love reading this at the start of the day. Like waking up to a great song.
We need to figure out how to have a balanced budget and reduce debt. If the day arrives that the credit of the US goes kaput we will be in a grave situation. We need to stop the printing of money and raise some interest rates. The US monetary policy is driven entirely by debt and spending.
ya ... debt is a joke ... everyone is crying about debt but then interest rates are basically begging people to add debt ... another one of the fraud concepts pushed by the powers that be ...