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A Sustainable True-Cost Economy Promises an Escape from Massive Water Pollution

by Brent Blackwelder

A year ago, I wrote about how a true-cost steady state economy would deal with water pollution. Last August, the alarming green slime at the west end of Lake Erie was so bad that it shut down Toledo’s water supply for half a million people. Who would pay the tremendous damages caused by the green slime? Certainly not the industrial agricultural interests who were responsible for about two-thirds of the problem!


The Future History of Political Economy – Part 2

Thermodynamics in Economics: Revolutionary portent, future history

by Eric Zencey

Ecological Economics represents the extension into economics of the thermodynamic revolution of the nineteenth and twentieth centuries. In physics, that revolution dethroned Newton and brought relativity. In biology, it was midwife to the birth of ecology, the study of ecosystems as wholes in which energy networks—food webs—are a defining structure. In chemistry the laws of thermodynamics brought clarity and rigor to a science that struggled to bring theoretical unity to diverse phenomena.


The Future History of Political Economy – Part 1

Economics Ignores Thermodynamics

by Eric Zencey

Editor’s Note: An earlier version of this essay appeared as a comment in the Great Transition Network Forum, which will appear on the Great Transition Initiative website next week along with a new essay by Herman Daly, “Economics for a Full World.”

Ecological Economics and its corollary, Steady State Economic thinking, represent a step forward for the discipline of economics and also a return to how it was practiced in the past.


Progress Toward a True-Cost Economy Now Comes From Developments in Renewable Energy

by Brent Blackwelder

A renewable energy revolution is sweeping the planet. This revolution has profound implications because it signals that the global economy is moving to stop the growth of our human carbon footprint.

The global economy has run for a century primarily on fossil fuels but is now undergoing a rapid transition to a global economy based significantly on rooftop solar, wind, and efficiency. This is a tangible movement toward a steady state economy because with wind and solar,


Potential New Allies in the Effort to Achieve a Sustainable True Cost Economy

Dr. Blackwelder discusses how those in faith-based communities can become powerful allies for those of us seeking an economy that meets peoples’ needs without undermining the life support systems of the planet.


Giant Mats of Green Slime in Lake Erie Signal a Need for New Economic Approaches to Pollution

What do we do when water supplies are cut off to a city of 400,000 people?


The Hidden Costs of Cheater Economics on Human Health & the Future of Life on Earth

Brent Blackwelder provides an overview of some of the ecological costs of economic growth, as presented in Tony Juniper’s latest book, What has Nature Ever Done for Us?


An Economic Game Plan to Prevent Water Pollution

Water pollution is not just a technical problem. It’s an emergent property of our flawed economic system.


Three Glimmers of Hope for an Economic Transformation

Brent Blackwelder sees three possibilities (granted they’re long-shots) for overcoming the obstacles to an economic paradigm shift.