Saturday, February 20, 2010

Monopoly in thinking among national economists


People are getting tired of consuming. Something new is starting to form that is based on a longing for higher quality of life, more spare time and engagement in social/cultural or other creative activities. However, it seems, unfortunately that it will take some more time for important decision makers to understand the unsustainable essence of the prevailing economical system. Economic growth is a similarily unquestioned concept/dogma as the 15th century notion that the planet was flat. Economic growth is, today, the overall answer to most problems; poverty, inequality, unemployment and most frequently how to boost the economy so that higher competitive can be gained. It is used throughout the world, in practically every political instance. One fundamental cause of neoliberalism being the forefront political ideology worldwide (together with all of its problems, mishaps, environmental and social consequences) is the fact that students graduating with grades of national economical is indoctrinated in the same, old-fashioned, extremely narrow and simplistic framework: neoclassical economical theory.

It goes without saying that this will need to be questioned. In editorials, in political arenas, debates of all sorts and furthermore to spread the insight that we need another way of organising our economical system. And good news is, sustainable solutions already exist.

Localisation, down-sizing, democratical participation, ecological economics, social methods of sharing labour and resources, promoting all sorts of cultural activities for the benefit of citizens - a pluralistic economical framework should be what we need.

1 comment:

Paul Hughes said...

Local Sustainable Growth