Tuesday, 04 September 2012 16:45

We can't grow ourselves out of debt, no matter what the Federal Reserve does

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Great to see the anti-growth message in the Guardian, courtesy of Charles Eisenstein:

"Today's system is predicated on the progressive conversion of nature into products, people into consumers, cultures into markets and time into money. We could perhaps extend that growth for a few more years by fracking, deep-sea oil drilling, deforestation, land grabs from indigenous people and so on, but only at a higher and higher cost to future generations. Sooner or later – hopefully sooner – we will have to transition towards a steady-state or degrowth economy." - JO

Guardian UK article

 

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