Money and Investments Archives – Center for the Advancement of the Steady State Economy

Hacking the Business Growth Imperative

April 25, 2025/2 Comments/in Corporate Reform, Corruption, Economic Growth, Economic Policy, Governance, Money and Investments, Postgrowth, Steady State Economy, Steady State Herald, Sustainability /by Alix Underwood

by Kali Young

“Despite its immensity, the Earth’s resources are not infinite, and it’s clear we’ve exceeded its limits. But it’s also resilient. We can save our planet if we commit to it.” – Yvon Chouinard, founder of Patagonia

In 2022, Patagonia founder Yvon Chouinard took a bold step to make the Earth, in essence, the company’s only shareholder. Chouinard explained that he doesn’t respect the stock market and believes that companies become irresponsible after going public.

Introducing the Sustainable Taxes Act

March 20, 2025/5 Comments/in Economic Policy, Inequality, Money and Investments, Politics, Steady State Economy, Steady State Herald, Sustainability, Wealth /by Alix Underwood

by David Shreve

In a world where GDP exceeds our planet’s biocapacity, we badly need new economic policy. In particular, we need to halt the process of unsustainable growth and move toward a steady state economy. The critical question is how to do this while ensuring sufficient economic opportunities, employment, and income for all.

Technological changes are insufficient, despite holding some promise. Neither the agricultural “Green Revolution” nor energy use efficiencies have markedly changed the ongoing overshoot.

Introducing the Sustainable Budgets Act (Steady-State Style)

March 5, 2025/5 Comments/in Brian Czech, Democracy, Economic Policy, Governance, Money and Investments, Politics, Steady State Economy, Steady State Herald, Sustainability /by Alix Underwood

by Brian Czech

Let’s forget about the Department of Government Efficiency (DOGE) and its questionably qualified quant for a moment. Regardless of their recklessness, getting to a sustainable budget is long overdue. Deficit spending adds to the public debt, a threat to the solvency of the United States. That’s why steady staters have long advocated for balanced budgets.

Furthermore, more spending requires a heavier ecological footprint.

The Costs of Compounding: Exploitation and Collapse

January 23, 2025/12 Comments/in Banking, Corporate Reform, Economic Growth, Economic Policy, Inequality, Limits to Growth, Money and Investments, Steady State Economy, Steady State Herald, Wealth /by Alix Underwood

by Koenraad Priels

The global financial system operates like a cancer, metastasizing throughout our economy and society. Its malignant core is a simple yet devastating formula: PL – PR + I, principal loaned – principal repaid + interest = an escalating debt trap that necessitates economic growth. This equation is familiar to anyone who has taken out a loan. It demonstrates the fatal flaw in our financial architecture,

A Big Conservation Win for Benzie County

January 16, 2025/2 Comments/in Conservation, Dave Rollo, Economic Growth, Environment, Jobs and Employment, Money and Investments, Steady State Economy, Steady State Herald /by Alix Underwood

by Dave Rollo

Benzie County lies at the base of the pinky on the “Mitt,” as Michiganders say, referring to their left hand as a convenient “map” of their state. The county is blessed with one of the largest deepwater harbors on Lake Michigan, Betsie Bay. It has long provided mariners with safe refuge from the fierce gales of Lake Michigan. Jetties protect the bay’s inlet, where a historic lighthouse has guided ships for over a century.

Will the Steady State Economy Be Funded?

December 12, 2024/4 Comments/in Corporate Reform, Corruption, Degrowth, Economic Growth, Environment, Money and Investments, Steady State Economy, Steady State Herald, Sustainability, Wealth /by Alix Underwood

by Kali Young

The U.S. nonprofit sector is a $1.4 trillion industry. If it were a country, it would be one of the world’s largest economies. Wealthy individual donors, foundations, and corporations are the three largest sources of nonprofit funding. As such, these entities have tremendous influence over what kind of social, economic, and political change thrives or dies. Many large foundations and major donors have amassed wealth thanks to the very economic system that is pushing the world toward ecological collapse.

Inflation through the Lens of the Trophic Theory of Money

November 21, 2024/3 Comments/in Economic Growth, Economic Policy, GDP, Inflation, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Trophic Theory of Money /by Alix Underwood

by Danish Hasan Ansari

In its simplest sense, inflation is an increase in the prices of goods and services. For instance, if the price of a certain good is $10 and in the next month the price increases to $12, the inflation on that item over one month is 20%. Many economists consider low levels of inflation sustained over time to be normal in a functioning economy. However,

Debt, Deficits, and Warranted Money

March 14, 2024/3 Comments/in Brian Czech, Economic Growth, Economic Policy, Food and Agriculture, Inflation, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald /by Gary Gardner

by Brian Czech

If you recognize the damages done by a bloating economy, you’ll be alarmed by the global GDP meter, which hit the existentially menacing threshold of $100 trillion in 2022. If that doesn’t give you a dose of distress, try the global debt clock. Then, for a dizzying dose indeed, check the casino-like combination of debt and GDP maintained by “US Debt Clock.”

Almost all readers,

Putin the Heinous Strikes at Global Wellbeing

August 3, 2023/13 Comments/in Banking, Brian Czech, Food and Agriculture, Inflation, Money and Investments, Politics, Steady State Herald, Wellbeing /by Gary Gardner

by Brian Czech

When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.

Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.

Lesson from a Failed Bank: Only One Real Start-Up

March 23, 2023/7 Comments/in Banking, Brian Czech, Corporate Reform, Monetary Policy, Money and Investments, Steady State Economy, Steady State Herald, Technology /by Gary Gardner

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,