6Principles of a Green Economy The Primacy of Human Need, Service, Use-value, Intrinsic Value & QualityFollowing Natural FlowsWaste Equals FoodElegance and MultifunctionalityAppropriate Scale / Linked ScaleDiversitySelf-Reliance, Self-Organization, Self-DesignParticipation & Direct DemocracyHuman Creativity and DevelopmentThe Strategic role of the Built-environment, the Landscape & Spatial Design
7The Green Economy: Human & Eco Dimensions “The Service Economy”End-use: “Hot Showers and Cold Beer”Nutrition, Illumination, Entertainment, Access, Shelter, Community, etc.The Economy in Loops —The “Lake Economy”Flowing with nature, Every output an input, Closed-loop organization, Let nature do the work
8Common Sense Economics Increase restrictions on the flow of material goods and physical capital (to minimize transport costs, etc.)Lessen restrictions on the flow of information and culture.note:Globalization does exactly the opposite: via free trade and intellectual property law.Herman Daly“Trade Recipes,not Cookies.”
9Creativity: the key to Real development meet real needs:Don’t use material consumption as a substitute for qualitative fulfillmentRifkin: The Empathic CivilizationGreening: substitute human creativity for energy and resources.--People-intensive development--Resource productivity
10Mass Collaboration beats competition every time wikinomics: based in abundance not scarcityundermines industrial markets
11Labour & Resource Relationship Industrial economy: resource-intensive. labour productivity: Substitutes resources for labour.Green Economy:people-intensive / resource-saving. Substitutes human creativity for resources
12Industrialism: The Divided Economy Invisible VisibleUse-value Exchange-value“Consumption” “Production”People ThingsUnpaid PaidWomen MenInformal FormalPrivate Public
16The Old Order: Materialism and Industrialism markets best suited to material stuffsteel & autos; not culture and quality of lifeCrisis: overproduction and "effective demand"“Invisible Hand" doesn't work so well in cultural productionpost-Depression: Waste as economic driver.
17Scarcity, Class Power & Waste War production, suburbanization and effective demand.Waste of resourcesWaste of human potential
18The Post WW II Waste Economy Permanent War EconomyThe Suburb Economy:Oil / Autos / Subdivisions
19“The greatest misallocation of resources in human history “The greatest misallocation of resources in human history.” …James Howard Kunstler
20Fordism & the Reinforcement of Industrial Wealth Matter Waste Fordism Suburbanization/ Consumer Economy War IndustryMoney Debt Keynesianism Paper Economy Planned Inflation New forms of credit-money
211970s: End of the Line for the Fordist Waste Solution saturation of marketssocial & environmental costs coming due: fiscal crisis of the statelimits to inflationary strategyVietnam war, decline of the dollar, German/Japanese competitionOPEC & the energy crisisPetrodollars & Currency Crisis
22Post-Fordist Casino Economy cost of waste come due: need for new sources of “effective demand”new technologies & Megabyte Money: money disconnected from Real economyfinancial sector: times (?) larger than the material economyCulture of Speculation: Stomp the weak / Get rich quickEmpty wealth creation: de facto redistribution of wealth.Polarization of work and societyend of social contracts: attack on Welfare Statethe growing gap between rich and poor
23The Global Casino: Hijacking the Information Revolution expansion of employment in speculative industryWall St.: more advanced technologically than the military.Bubble Economies: last ‘frontiers’ for capitalist growth.-stock crash of 1987-tech stock bubble of late 90s-housing bubble ofHousing speculation: most destructive & exploitative of the poor & average people.
24Crisis, Waste & the Suppression of Human Potential Creating Scarcity since WWII:Waste productionDebt & funny-money creationAusterity
25The Economy & Culture of Fear Mainstream politics and media today are mobilized for the creation of fear, based in both scarcity and personal insecurity.Reality TV competitions, extreme fighting, Tea Parties, racist fundamentalism, cultural scapegoating, etc.Question: should we be careful of adding more fear, however justifiable? (climate change, etc.)
26Strategies for Abundance Invest in social and natural regenerationinfrastructure & public goodsMaterial Economic Security:meet everyone’s needsDisable the Coercive power of MoneyCommunity CurrenciesBasic Income guaranteesFree Culture: from ownership to access; from belongings to belonging
27Invest in Social and Natural Regeneration (includes growing categories of “public goods” and social/eco infrastructure)increased role for government on all levelsinvest in community: the nexus for regenerative developmenteliminate externalities: make polluters, extractors, incarcerators pay
28Property & Stewardship Ownership should be relative: designed to support stewardship and human developmentproperty: good for earlier materialistic development.Centralized ownership: EPRSmall-holder stewardship: good for land
29A New Paradigm of Security Geared as much to unleashing individual and community creativity as protecting the vulnerable. Eliminates fear on many levels. Deflates the coercive power of money—allows ethical values to factor into personal economic decisions. Supports imagination & innovation that transforms other sectors: e.g. community business.Meet everyone’s basic needs...or else!
30Ending the Coercive Power of Money Community Currenciesespecially account-money systemsBasic Income Guaranteesthe more universal, the better
31the appropriate goal: Gift Circulation Money as information & energyBrand: “Information wants to be free.”Requires social / eco value to be embedded in everyday life : indicatorsQuestion: transitional mechanisms