Needed: economies which thrive whether or not they grow – Kate Raworth
Economies are destabilizing the planet. The goal of economic growth is now taken to be a nation’s welfare, whereas its goal should be “meeting the needs of all within the means of the planet” — see Prosperity without Growth. below ⇓ and elsewhere.
A detail of Prosperity Without Growth ⇓, 2017 ¦ image by Abdulnasser Gharem. Click on image to see secret message.
Society equates economic progress with growth. Preoccupation with growth originated in the 1930s with the invention of gross domestic product (GDP), an economy’s total value of goods and services sold yearly, and modern society has become “financially, politically and socially” addicted to growth, and the hefty pricetag is vast income inequality and environmental degradation. The economy is destabilizing the planet. A more “inclusive, balanced” or “green” growth isn’t the solution to these problems. Rather, society must replace its growth paradigm – including the metric of money – and view progress differently.
Videos on Economics
Economics basics – Ha-Joon Chang
Why every person can and SHOULD get their head around basic economics. Get some facts, and get involved in discussions about the fundamentals that your day-to-day lives depend on.
The story of stuff
The Story of Stuff connects lots of environmental and social issues urges us together to create a sustainable, just world. It’s funny and may change the way you look at all the Stuff in your life …
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Sustainability apparently boosted by Covid-19
Though trending before the covid-19 crisis, stockmarket indices that take into account environmental, social and governance (ESG) factors have bettered the market three months into the year. Read here how and why sustainable investing is evolving.
Economics basics – Ha-Joon Chang
Why every person can and SHOULD get their head around basic economics. Get some facts, and get involved in discussions about the fundamentals that your day-to-day lives depend on.
Prosperity without Growth by Abdulnasser Gharem.
The process of making a “stamp-painting”, as Gharem has named it, is reminiscent of the calligraphed bibles created with dedication and devotion by cloistered monks in the middle ages – see the video by clicking on the image. Prosperity without Growth express his idea “that computer games or the media in general have a stronger influence on opinion forming than education or religion”.