I think nothing will change as long as economic growth is understood as economic Good.
Current economy can't work if there's no economic growth.
Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%.
A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among African tribes, in a documentary Africa serries by Basil Davidson. He argued the tribe (sorry I don't remember its name) can fully sustain itself by taking things from nature around it. All their wealth is external. They possess little, but whenever they have a need for something - food, medicine, water, paint, clothes, containers(...) they go to a forest, harvest a specific plant and get it. They have recipes for everything they need.
Current economy can't work if there's no economic growth.
Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%.
A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among African tribes, in a documentary Africa serries by Basil Davidson. He argued the tribe (sorry I don't remember its name) can fully sustain itself by taking things from nature around it. All their wealth is external. They possess little, but whenever they have a need for something - food, medicine, water, paint, clothes, containers(...) they go to a forest, harvest a specific plant and get it. They have recipes for everything they need.