economy

Many of us are eager to respond to injustice, as long as we can do so without having to confront the causes of it. There's the great pitfall of charity. Handouts to needy individuals are genuine, necessary responses to injustice, but they do not necessarily face the reason for injustice. And that is why so many business and governmental leaders today are promoting charity; it is desperately needed in an economy whose prosperity is based on growing inequality. First these leaders proclaim themselves experts on matters economic, and prove it by taking the most out of the economy! Then they promote charity as if it were the work of the church, finally telling us troubled clergy to shut up and bless the economy as once we blessed the battleships.

In an economy with record-breaking prosperity, it's past time to put poor people on the political agenda.

It really comes down to parsimony, economy of explanation. It is possible that your car engine is driven by psychokinetic energy, but if it looks like a petrol engine, smells like a petrol engine and performs exactly as well as a petrol engine, the sensible working hypothesis is that it is a petrol engine. Telepathy and possession by the spirits of the dead are not ruled out as a matter of principle. There is certainly nothing impossible about abduction by aliens in UFOs. One day it may be happen. But on grounds of probability it should be kept as an explanation of last resort. It is unparsimonious, demanding more than routinely weak evidence before we should believe it. If you hear hooves clip-clopping down a London street, it could be a zebra or even a unicorn, but, before we assume that it's anything other than a horse, we should demand a certain minimal standard of evidence.

American economy grew without using as much energy

As societies have grown more complex, larger, more far-flung, and diverse, the tribe-based gift economy has shrunk in importance, while the trade economy has grown to dominate most aspects of people

From an ecosystem point of view, an economy that does not heavily tax the extraction of non-renewable resources is like a jobless person rapidly spending an inheritance.

if we do not find new goals for ourselves and plan our transition from a growth-based economy to a healthy equilibrium economy, we will end up with a much less desirable

Importantly, these early philosophers had some inkling of natural limits and anticipated an eventual end to economic growth. The essential ingredients of the economy were understood to consist of land, labor, and capital. There was on Earth only so much land (which in these theorists

The conventional wisdom on the state of the economy

The economy of the future will necessarily be steady-state, not requiring constant growth. It will be based on the use of renewable resources harvested at a rate slower than that of natural replenishment; and on the use of nonrenewable resources at declining rates, with metals and minerals recycled and re-used wherever possible. Human population will have to achieve a level that can be supported by resources used this way, and that level is likely to be significantly lower than the current one.

We must discover how life in a non-growing economy can actually be fulfilling, interesting, and secure. The absence of growth does not necessarily imply a lack of change or improvement. Within a non-growing or equilibrium economy there can still be continuous development of practical skills, artistic expression, and certain kinds of technology. In fact, some historians and social scientists argue that life in an equilibrium economy can be superior to life in a fast-growing economy:

Why Is Growth Ending? Many financial pundits have cited serious troubles in the US economy

The Talmud was right in its day and I am right in mine.

A tree's a tree. How many more do you need to look at?

Every new day begins with possibilities. It's up to us to fill it with the things that move us toward progress and peace.

Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.

Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.

The freedom fighters of Nicaragua ... are the moral equal of our Founding Fathers and the brave men and women of the French Resistance.

The greatest leader is not necessarily the one who does the greatest things. He is the one that gets the people to do the greatest things.

Social democracy seeks and finds the ways, and particular slogans, of the workers' struggle only in the course of the development of this struggle, and gains directions for the way forward through this struggle alone.