Wednesday, September 22, 2010

Your Welcome Dose of Sanity

Today's Democracy Now!: Robert Scheer on Why Lawrence Summers Is Not All That And Never Was and Chilean economist Manfred Max-Neef on "barefoot economics."

AMY GOODMAN: And if you’re teaching young economists, the principles you would teach them, what they’d be?

MANFRED MAX-NEEF: The principles, you know, of an economics which should be are based in five postulates and one fundamental value principle. One, the economy is to serve the people and not the people to serve the economy. Two, development is about people and not about objects. Three, growth is not the same as development, and development does not necessarily require growth. Four, no economy is possible in the absence of ecosystem services. Five, the economy is a subsystem of a larger finite system, the biosphere, hence permanent growth is impossible. And the fundamental value to sustain a new economy should be that no economic interest, under no circumstance, can be above the reverence of life.

Remember: as war is peace and ignorance is strength, sanity is COMMUNISM. Pass it on.


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