Jan 2, 2011
Money provides power in the market – power to purchase and consume desired commodities, whether goods or services. Consumption, by satisfying market preferences, is supposed to lead to well-being. In essence, this is the economic foundation of consumer culture. Its fundamental prescription is that people should seek well-being in higher incomes and more consumption. The problem, however, as Juliet...
Jun 9, 2010
The economic crash of 2008 revealed not only the frailty and vulnerability of the economic system, it also showed the false basis that the growth economy is built upon. The prescription from mainstream economists is more growth – but is this just taking more of what ails us? Has growth become uneconomic? Is there another way?
There is, and the link below provides an inspiring introduction to it in...