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Tag Archives: climate change

From efficiency to sufficiency – the path to a just transformation

PRIME has from the start intended to rethink economic theory to take on board the ecological crisis and its human impacts. It has played an important role in developing the idea of a Green New Deal, the radical strategy to combine decarbonisation and other practices to ensure the integrity of the natural environment alongside the advancement of human wellbeing and greater equality. Much GND thinking has focused on making production and consumption more eco-efficient by decoupling economic...

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From efficiency to sufficiency – the path to a just transformation

PRIME has from the start intended to rethink economic theory to take on board the ecological crisis and its human impacts. It has played an important role in developing the idea of a Green New Deal, the radical strategy to combine decarbonisation and other practices to ensure the integrity of the natural environment alongside the advancement of human wellbeing and greater equality. Much GND thinking has focused on making production and consumption more eco-efficient by decoupling economic...

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Are we headed to fresh water shortages?

(Dan here…I lifted reader Michael Smith piece on water use in open thread Dec. 22. The topic is well worth writing about…AB used to discuss this issue regularly starting in 2008 during the severe drought in the US when the southeast was contemplating court action amongst themselves to ensure their own supplies.. Search “water” in AB for a sample) Michael Smith writes: I should probably write a longer piece on this but I’ll try to summarize...

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Monarch Butterflies are Disappearing from the Environment

Conservationists were disappointed on Tuesday when the U.S. Fish and Wildlife Service announced it would not recommend putting the monarch on the threatened species list. It’s not that the species isn’t edging to extinction—the monarch meets criteria to be considered threatened, the service admits. But there are “higher priority listing actions.” Rachael Bale, ANIMALS Executive Editor, National Geographic. The Big Question is: Why IS The U.S....

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To save the climate – don’t listen to mainstream economists

Ann Pettifor’s The Coming First World Debt Crisis (Pettifor 2006) was the first book to warn of the approaching 2007 Global Financial Crisis. More than decade after that crisis, its cause—excessive private debt, created primarily to finance asset bubbles rather than productive investment—is still with us, while we are entrapped in a pandemic crisis, and on the cusp of a climatic one.Figure 1: Private debt levels over the history of capitalismLooking forward to the next ten years, and given so...

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To save the climate – don’t listen to mainstream economists

Ann Pettifor’s The Coming First World Debt Crisis (Pettifor 2006) was the first book to warn of the approaching 2007 Global Financial Crisis. More than decade after that crisis, its cause—excessive private debt, created primarily to finance asset bubbles rather than productive investment—is still with us, while we are entrapped in a pandemic crisis, and on the cusp of a climatic one. Figure 1: Private debt levels over the history of capitalism Looking forward to the next ten years, and given...

Read More »

To save the climate – don’t listen to mainstream economists

Ann Pettifor’s The Coming First World Debt Crisis (Pettifor 2006) was the first book to warn of the approaching 2007 Global Financial Crisis. More than decade after that crisis, its cause—excessive private debt, created primarily to finance asset bubbles rather than productive investment—is still with us, while we are entrapped in a pandemic crisis, and on the cusp of a climatic one.Figure 1: Private debt levels over the history of capitalismLooking forward to the next ten years, and given so...

Read More »

From a troubled horizon to a better world?

The Covid-19 crisis is deepening existing fissures and adding new threats to an already scarred and anxious world. As a localized health crisis became a global pandemic, many countries put broad swathes of their economies into a policy induced coma to halt the spread of the virus and ease the burden on overstretched health systems. As a result, the global economy will experience a recession this year on a scale not experienced since the 1930s. The damage will be both lasting and severe,...

Read More »

From a troubled horizon to a better world?

The Covid-19 crisis is deepening existing fissures and adding new threats to an already scarred and anxious world. As a localized health crisis became a global pandemic, many countries put broad swathes of their economies into a policy induced coma to halt the spread of the virus and ease the burden on overstretched health systems. As a result, the global economy will experience a recession this year on a scale not experienced since the 1930s. The damage will be both lasting and severe,...

Read More »

From a troubled horizon to a better world?

The Covid-19 crisis is deepening existing fissures and adding new threats to an already scarred and anxious world. As a localized health crisis became a global pandemic, many countries put broad swathes of their economies into a policy induced coma to halt the spread of the virus and ease the burden on overstretched health systems. As a result, the global economy will experience a recession this year on a scale not experienced since the 1930s. The damage will be both lasting and severe,...

Read More »