Joshua Farley: Economics of the Anthropocene
Joshua Farley was one of 45 leading scholars, authors and activists who convened at The Great Hall of Cooper Union, New York City, on October 25-26, 2014, for the public presentation: “Techno-Utopi …
Video Rating: 4 / 5
Joshua is brilliant, insightful and provocative. This is exactly what is
needed in the field of economics. We highly recommend watching this!
the absolute myth of never ending growth.
Lots of good info, monopolies, poor, patents,…. but wish he had mentioned
that the government deficit = non-government surplus to the penny.
If we want the federal government to correct its budget stand, then we must
necessarily be asking ourselves to correct ours. If we demand that the
government runs a surplus, then we are demanding that we, the private
sector run a deficit.
Take your pick: would you like the private sector to be in surplus or the
government? You cannot have both. Presumably, we’d prefer the private
sector to save and accumulate financial assets, which means that the
government must run a deficit and accumulate financial liabilities?
State and local budgets are different than federal budget. They have to
balance, “Beware of politicians bearing household analogies”
http://www.forbes.com/sites/stevekeen/2015/01/14/beware-of-politicians-bearing-household-analogies-3/
We can run out of clean water, clean air, safe food, sustainable energy,
minerals, and metals, but we can’t run out of dollars. And the Euro can’t
run out of euros. Same with all fiat currencies.
Not a single mention of overpopulation = Nothing proposed will EVER work.
No mention of maximum sustainable population = Nothing proposed will EVER
work.
Inequality ALSO means human overpopulation vs. Earth systems (not even
mentioned).
The only way economic justice can be achieved is if there is environmental
justice.
This the essential balance needed, without which equality in ALL human
systems will be poor or non-existent because it will create competition and
‘markets’, which will always address maximum profits.
Human justice (economics) is directly coupled with environmental justice
(sustainable systems), neither which will survive if EITHER are broken.