Oct. 13th, 2008

mellowtigger: (Default)
I've been doing some websurfing to try to learn more. My economic view has a name after all. You'd never guess what it is. I was surprised when I found it.  I'll give you a hint first.
You cannot have a satisfactory society made up of competitive, self-interested individuals! In a satisfactory society there must be considerable concern for the public good and the welfare of all, and there must be considerable collective social control and regulation and provision, to make sure all are looked after, to maintain public institutions and standards, and to reinforce the sense of social solidarity whereby all feel willing to contribute to the good of all.
- Ted Trainer
Note that first sentence. Does it give you any ideas? :)  It turns out that the name I found is "Post-Autistic Economics". Imagine that! *laugh*

One group has been publishing a newsletter since 2000 September 01. So of course I expect to be doing some reading of their archives in the coming weeks. A few other people seem to have hit on the same idea, including one guy who has thoughts on how to transition from one economy to another, rather than just waiting patiently for the inevitable implosion.

The links:
http://www.paecon.net/, Post-Autistic Economics Network
(created by French economics students, later joined by Cambridge students)
http://ssis.arts.unsw.edu.au/tsw/, "The Simpler Way" by Ted Trainer
http://www.neweconomics.org/gen/, New Economics Foundation

So I'm not the only person to see the fatal flaw in any economic system based on growth.  Growth happens, and it must be accounted for in any stable economic system.  Growth is the flaw, though, rather than the salvation.  Change is the only certainty.  Growth is not guaranteed.

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