Let’s Get Real: What is Sustainable in Markets, the Biosphere, and Society?

In a number of posts, I have discussed various social illusions such as the idea that the extractive industrial consumer economy could just keep growing permanently, as so many economists implicitly insist. That deeply flawed illusion rests on some equally defective assumptions. Many people also believe that as industrial materials reach a state of depletion … More Let’s Get Real: What is Sustainable in Markets, the Biosphere, and Society?

The Upside-Down Economy

The idea that the financial markets are the essential force that drives economic growth and progress, has dominated political thinking for too long. The financial markets and their agents have dominated politics and the Congress over recent decades more than ever before. After all, it took several decades for the financial elite to accomplish the … More The Upside-Down Economy