Sunday, July 5, 2020

"Economics for a Full World", & a Sustainable World

Preface

This isn't only about economics.  It's also about ethics, respect for and appreciation of the biosphere/ecosphere, respect for all sentient beings, and a path to a sustainable, mostly peaceful world.

At the links below, Professors Herman Daly and William Rees give masterful, concise explanations of ecological economics.  The Daly essay is a longer, illustrated read, but both require your full attention in order to comprehend them.  The Rees piece (the link was posted previously on this blog) includes a brilliant comparison to neoliberal/mainstream economics (aka, neoclassical economics).

Both essays do a great job of weaving the larger ethical, political, and ecological contexts into the discussions.
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https://greattransition.org/publication/economics-for-a-full-world

https://greattransition.org/publication/economics-vs-the-economy
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Conclusion

For anyone desiring to understand the best solution to a large part of our ongoing problems on Earth, the essays above are a must-read.  Study them as if our lives depended on it... because they do.  Then, do whatever you can to support and promote these concepts.  Thanks, and my grandkids thank you as well.  😊
p.s.  I recommend reading the Rees piece first - Economics vs. the Economy.
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Not only my opinion.  Stay Well

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