Chelsea Green Publishing

Chelsea Green Blog

Our Infinite Growth Bubble Has Burst

Our friends over at CultureChange.org just posted a great article from Chuck Burr titled, “Steady-State Economy: Light at the End of the Tunnel.” Burr makes a great argument for the fact that life on this planet is changing, whether we want it to or not. Local, low-energy, economies are the only way forward—and we can either steer ourselves there thoughtfully, or be taken there by the forces of collapse. Here is an excerpt:
The world economy is essentially broke. U.S. daily bankruptcy filings have risen from about 1,300 in January 2006 to about 5,000 in September 2008. Here is how big the problem really is. First, the value of all the money in the world until recently was three times greater than the value of all physical goods and services. In other words, our “money” is actually worth 30 cents on the dollar. And considering, physical assets such as real estate have been over valued, your pixel money is actually “worth-less.” Second, the U.S. government’s $9.7 trillion commitment to solving the financial crisis amounts to almost two-thirds of the value of everything produced in the U.S. last year. The promises are composed of about $1 trillion in stimulus packages, around $3 trillion in lending and spending and $5.7 trillion in agreements to provide aid. Third, until recently our growing economy has been able to cover our debts and deficits, but now the blue-light-special lifestyle is over. Everyone, from the public to governments is now under water. America has built up a staggering amount of debt. At the time of the 1929 stock market crash, total U.S. debt was 176 percent of GDP. Before the current financial crisis began, total debt stood at a whopping 304 percent of GDP. Today it is far worse; we are well beyond our means. […] When all of the cards are done falling, local powered-down steady- state economies will be the only replacement for our infinite growth global consumer economy. To live within our means for perpetuity means living within the earth’s carrying capacity which we have vastly reduced especially over the last 100 years.
Read the full article here.


Born on Third Base: A Q&A with Author and Inequality Activist Chuck Collins

As inequality grabs headlines, steals the show in presidential debates, and drives deep divides between the haves and have nots in America, class war brews. Does it have to be this way?Can we suspend both class wars long enough to consider a new way forward? Is it really good for anyone that most of society’s […] Read More

Three Principles to Survive the Future

What guiding principles will you need to not just survive the future, but imagine a better one? Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive It. That hardback consists of four hundred and four interlinked dictionary entries, […] Read More

The 5 Rules of Lean Thinking

Are you ready to co-create the future? These 5 Rules of Lean Thinking are a useful tool as we set out to collectively invent a post-market future.Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive It. That […] Read More

Sow Seeds: Stop Walking Around Doing Nothing

“In the last one hundred years, 94 percent of seed varieties available at the turn of the century in America and considered a part of the human commons have been lost.”That’s one of the key takeaways in award-winning author and activist Janisse Ray’s book, The Seed Underground: A Growing Revolution to Save Food. In her book, Ray […] Read More

Solar Dollars: Promote Renewable Energy & Support Local Economies

How can you use the sun as a way to not only generate renewable energy, but support the local economy and provide interest-free financing for utility companies?Author Thomas Greco (The End of Money and the Future of Civilization) has the answer: Solar Dollars!In a recent post on this blog (Beyond Money), Greco makes the case […] Read More
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com