Tag Archives | Economics for a small planet

E. F. Schumacher | Buddhist economics

Buddhist countries have often stated that they wish to remain faithful to their heritage. So Burma: “The New Burma sees no conflict between religious values and economic progress. Spiritual health and material well-being are not enemies: they are natural allies.”1 Or: “We can blend successfully the religious and spiritual values of our heritage with the benefits of modern technology.”2 Or: “We Burmans have a sacred duty to conform both our dreams and […]

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Guy Standing | Why a basic income

It is from the champions of the impossible Rather than the slaves of the possible, That evolution draws its creative force. — Barbara Wootton Since at least Thomas More’s Utopia of 1516, many thinkers have flirted with the idea of a basic income – everybody in society receiving a regular amount of income as a right. Some have recoiled at the effrontery of the idea; some have mocked it, as […]

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Charles Joseph Albert

Charles Joseph Albert | Disparity

We only honor the greediest– Carnegie, Rockefeller, Trump, Hearst– and never speak of more humble chiefs who chose to pay themselves less than a thousand times their workers rate. Just as no one remembers the name of the humble apartments behind the Vatican. When I was twenty I saw St. Peter’s, its orgy of polychrome marbles a shrine to papal conceit built by thousands of peasants. Did they go home […]

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Sharing the wealth | Economics for a small planet

Quite a few excellent movies on the economy have been released since the crash of 2008. Most have been mainstream releases, which I presume those interested have seen. If not, I recommend, in particular, The Big Short and Inside Job. Both will foment anger and frustration that the financial market behavior that led to the crash has not only gone unpunished, but with rare exceptions, its perpetrators have returned to […]

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