Originally posted by Demiurge
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Originally posted by Demiurge
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A restructuring of the economy along sustainable lines will develop new technologies and new forms of economy. For example, a shift toward hydrogen and solar would result in capital investment in significant infrastructure supporting transport, energy, manufacturing and agriculture.
But looking at things in terms of purely economic terms is a bit of a dead end. Current economic models, particularly those driven by monetarist policies are based on numerous flawed assumptions as to how the market operates and as to how resources are delivered. There is, for example, little modelling of the feedback consequences of unintended output from market transactions impacting upon supply.
Most economic models assume the earth as being both an infinite supplier of resources and an infinite container fro growth. Neither of these assumptions are valid. Even Adam Smith, whose "The Wealth of Nations" defined the operating parameters for a free market, would not have recognised or condoned the current market state. He specifically spoke of a market where transactions between supplier and producer were conducted on EQUAL grounds and the impact of the transaction had no consequences outside the transaction itself. The capital power of corporations and the leverage of advertising, for example, imbalances the transaction massively in favour of the producer. And the outputs of manufacturing are having direct and quaintifiable impacts on the resource base.
The market is in danger of consuming itself. The carbon economy cannot be sustained at current growth rates with a rapidly diminishing supply of oil.
Originally posted by Demiurge
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And I do think that the best way to get there is actually through society. Our society has been moulded in such a way as to convince us that happiness is dependant upon consumption. This supports the current economic models and supports the corporate entities that are largely responsible for this view. However changing a society so that it's goal become focussed on creation (the true source of happiness) rather consumption (merely the source of pleasure) is a lot more difficult than redesigning and restructuring a global economy....
Originally posted by Demiurge
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I hate to quote from the Al Gore movie cos it makes me look like some sort of greenie fan boy BUT, he did quote that arch imperialist Winston Churchill (some what ironically in my eyes as I do suspect that Winnie would have been quite supportive of those vested interests).
That said...
The era of procrastination, of half-measures, of soothing and baffling expedients, of delays, is coming to a close. In its place we are entering a period of consequences…
And the consequences of doing nothing, of failing to act in the face of massive scientific evidence are morally reprehensible.
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