It may seem an odd idea, but the incoming chair of the US Federal Reserve, Janet Yellen, could conceivably be the person who manages to overcome the international impasse on climate change action. Mike Sandler explains how in the Huffington Post. Among his list of recommendations is the implementation of Cap and Share.…
Apr 14, 2014 No Comments
We find the latest IPCC report’s emphasis on climate as a “global commons problem” helpful and constructive. However, the economy must break its dependency on GDP growth in order to achieve emissions reduction without economic collapse. Fortunately the potential exists for significant co-benefits from climate mitigation, including poverty alleviation and reduced inequality. Grassroots legal action could help give teeth to the international institutions needed for cooperation.
Mar 24, 2014 No Comments
In the second part of his interview with Alexander Ac, David Korowicz argues that the large-scale predicament and the emergent socio-economic stresses that we are beginning to experience has very little to with fraud, corruption and the greed of a tiny few. It has a lot to do with our human civilization running into limits.
Mar 17, 2014 3 Comments
Our predicament and the tragedy of attempting change is: given time and resource constraints and the reality that we depend upon a de-localized networked system without central control, how do we change the system while ensuring we do not collapse its essential functions? By David Korowicz.
Feb 05, 2014 No Comments
This article, written by Richard Douthwaite in May 1997, outlines some of the basic ideas that led to the founding of Feasta. It’s interesting to note how ahead of his time he was in his criticisms of growth as a measure of progress, many of which are now quite well known. Sadly, the widening inequality he describes and the many problems related to that have only worsened over time.
Jan 15, 2014 5 Comments
The casino metaphor has been widely used as a part-description of the phenomenon of over-financialisation. It’s a handy pejorative tag but can it give us any real insights? This article by @GrahamJBarnes pursues the metaphor to extremes so that we can file & forget / get back to the football or possibly graduate to next level thinking.
Jan 05, 2014 No Comments
Oct 15, 2013 No Comments
The debate surrounding the Irish budget was characterised by a false choice between ‘austerity’ or ‘growth’. In fact, neither option is viable. Instead, what is needed is a radical re-structuring of our economy to ensure that we live within ecological limits in a just manner.
Mar 04, 2013 4 Comments
Jan 31, 2013 1 Comment
So here we have it. The austerity versus Keynsian spending debate is about as useful as arguing whether the earth is flat or sitting on the back of a pile of turtles. Neither will provide sustainable interventions to our converging crises while the debt-based money system remains the only significant game in town. By Graham Barnes.
Nov 13, 2012 10 Comments
A consensus becomes established out of the persistence of what it attempts to describe. It is inherently retrospective. It tends to assume that what has been, must continue. A couple of decades of low interest rates and stable global economic growth, and well, it becomes the natural order of things.
Oct 30, 2012 5 Comments
In his new book, organic farmer and Feasta member Patrick Noble makes the case that those of us who do real, tangible work – “trade’s people” – hold the key to the future. He believes that we should not try to subdue or overthrow those who hold disproportionate power: instead we should simply ignore them and get on with things. This week we’re publishing the book’s foreword and in the course of the next few weeks we’ll be publishing several other extracts from the book.
Oct 08, 2012 No Comments
While “green technology” is an important response to the convergent crises that Ireland and other nations face, it is important not to overlook two other important macroeconomic issues: our current dependence on debt-based money; and the need to rebuild and strengthen local economies. By Graham Barnes.