Mainstream economists base their recommendations on the idea that the Earth is somehow infinite–a notion equally absurd as the idea that the Earth is flat.
The Daly News
Our current economic policy goal is not fit for a finite and entropic world. But what would our economic policy goal be in a steady state economy?
To avoid a fate like the Mayans in Central America and the Polynesians on Easter Island, we will need to move toward a steady state economy–with the help of social scientists and natural scientists.
Our economy faces a futility limit, ecological catastrophe limit, and an economic limit. Fortunately, the economic limit will likely be the first we encounter; hopefully we can implement a steady state economy before the others are reached!
When individual action is too little, and national policy reform will be too late, community-based movement may be just right.
Vermont moves to the forefront of a quiet revolution to integrate GPI into social and economic policy.
How should we commemorate the 40th anniversary of the ESA and the 100 year anniversary of the death of the last passenger pigeon?
Daly challenges the assertion that a steady-state economy is inherently capitalistic and must be instead be based on a socialist system.