These are the CASSE blog articles on corporate reform.
Ask Americans what the Green New Deal is all about, and you’ll get two basic answers. Most often you’ll hear, “It’s about moving to renewable energy in order to fight climate change.” You’ll also hear, from a camp further right, “It’s all about socialism!”
Either way, the really green, really new feature is overlooked. What the Green New Deal is really about is the transition to a steady state economy.
The stock market took a dip, so the Fed will likely continue to keep the interest rate at zero, in conformity with its goal of supporting asset prices by quantitative easing. What is wrong with a zero interest rate? Doesn’t it boost investment, growth, and employment?
There are many things wrong with a zero interest rate. Remember that the interest rate is a price paid to savers by borrowing investors.
The Encyclical Letter of Pope Francis is attracting extraordinary attention for its message on global warming, deforestation, loss of biological diversity, and other pressing environmental issues. What is less well known is the extensive critique of the global economy found in his 184-page Encyclical. This blog highlights some of the significant points that Pope Francis makes about the need for systemic economic change.
Although the Pope does not use the phrase “steady state economy”
If you demonstrate to people that the NDP [New Democratic Party] can win in Alberta, suddenly anything seems possible. —Paul Fairie, University of Calgary political scientist
On the problematic political spectrum, neither the right nor the left have become wholesale champions of the steady state economy. Then again, embracing something perceived as ‘new’ has never been the strong suit of the politician. It takes years of ideological evolution among the grassroots before seemingly new and different ideas become politically palatable.
Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.
There’s hope that the next generation of workers will make the shift to a sustainable economy.
You don’t have to connect very many dots to see the rationale behind the proposed trade agreements. Unfortunately the rationale is irrational!
Ecocidal tendencies have no place in either our legal or our economic institutions. Here’s a direct way to help put an end to ecocide.
Economic growth is not the same things as “more jobs,” especially with the methods we’ve used to grow the economy.
The transition from profit-based businesses to not-for-profit enterprises offers one of the most hopeful paths to a sustainable economy.