Posts


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 […]


Seismic Political Shifts Reveal Desire for Serious Change

by James Magnus-Johnston 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 […]


When Growth Trumps Freedom: the Chill in Canada Comes from our Government, not the Weather

Some politicians will go quite far to cling to an aging growth-at-all-costs narrative.


Oil and Real Estate Bubbles in Canada: What Goes up Won’t so Smoothly Come Down

Magnus-Johnston explains how these investments are funded, and how it exacerbates our economy’s growth imperative.


Spending on Preventing Climate Wars versus Spending to Secure Sources of Oil

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.


Iraq and the Military-Industrial Complex versus a True Cost Economy

A switch to solar and other renewables will greatly reduce the resources devoted to waging war and help us achieve a steady state economy.


The End of the Age of Extraction

The age of extraction is ending. We need a true cost economy that can meet people’s needs without undermining planetary life-support systems.


What Kind of Economy Says OK to Tar Sands Oil?

The short answer: an economy that allows corporations to externalize costs and trump the rights of indigenous people.


Climate Change Trumps Terrorism as Threat to National Security

Threats from abroad are real, but so are the threats from domestic energy policies and overconsumption of fossil fuels.