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ECO:nomics: Overload

Posted by David Roberts at 12:17 AM on 14 Mar 2008

Read more about: business | energy | Wal-Mart

Good lord. Today was overwhelming. There were about 10 sessions, every one thought-provoking. I interviewed Jim Rogers, CEO of Duke Energy. I saw energy advisers from all three presidential campaigns offer substantive comparisons of the candidates' climate positions. I saw in-depth discussions of carbon trading, green automobiles, shareholder resolutions, and the structure of cap-and-trade systems. I talked to journalists, people working on water and carbon trading, the guy who runs the X-Prize foundation, heads of NGOs, and representatives from Wal-Mart and Exxon. It's friggin' wonk heaven. I'm half-drunk and I've lost my voice from talking so much.

Over the next few days I'll try to get up several more posts looking at some of the sessions and themes in detail. But I've got to be up in six hours to start all over again, so for now, I'm going to bed.

yes, please

Look forward to the reporting. The real work is being done in this arena, I think, not by our elected officials in D.C., who are still too busy playing elaborate games of political Twister. Maybe that'll change soon (we can hope) but for now, corporations like Duke, GE, and Wal-Mart are taking the lead...for better or worse.

Avoiding global threats in our time......

....by choosing to ignore human responsibilities for the emergence of these threatening circumstances.

When will the economic powerbrokers and their bought-and-paid-for politicians do that which is within their power: save humanity and life as we know it by acknowledging, addressing and overcoming converging global threats, all of which are induced by huge scale and unbridled growth of human overproduction, over-consumption and overpopulation activities now overspreading the Earth?

Steven Earl Salmony
AWAREness Campaign on The Human Population,
established 2001
http://sustainabilitysoutheast.org/

The unsustainable activities recklessly driving...

......economic globalization toward some sort of colossal wreckage.

What could be happening?

Perhaps powerful people and huge human institutions are driving the relentless, and soon to be unsustainable, expansion of the global political economy, that is requiring unbridled increases of economic production/distribution capabilities, conspicuously unrestrained per-capita consumption of resources and the continuous growth of absolute global human population numbers.

But why?

As we having been observing in recent months, another huge "bubble" has been "manufactured" by economic powerbrokers and allowed to grow ominously within the world economy. Not unexpectedly, the sub prime "bubble" is doing now what bubbles eventually do. Bubbles burst. We can readily observe how the credit markets of the world banking system are seizing up, stocks are tumbling and the value of the dollar is sinking. Who knows, a financial meltdown of the economic system worldwide could be in the offing.

How could this be happening?

For a moment, let us consider that the organizers, managers and Wall Street whiz kids overseeing the global economy (and the unraveling of the worldwide sub prime swindle) are running the artificially designed economy of the human community as a pyramid scheme. This is to say straightforwardly that the international financial system is being operated so that most of the wealth rises pyramidally into the hands of a small minority of people at the top of the world economy where this wealth is accumulated and consolidated endlessly. At the same time, the vast majority of people on Earth, near the bottom of the global economic pyramid, are left with very little wealth. In the 1980s, this global financial operation was called a "trickle down" economy. We have been told over and over again how this economic scheme "raises all ships." From this limited scope of observation, the billion people living on resources valued at less than one dollar per day and the additional 2.7 billion people being sustained on two dollars per day of resources in 2008 appear to be stuck in squalid conditions. The 'ships' carrying these billions of people do not appear to be lifting them out of poverty.

Could anything be done to beneficially change these unfair, inequitable and, in so many billions of instances, intolerable circumstances?

Of course. There is plenty to do. The global economy is undeniably a manmade construction. Because the world's economy is a product of human activity, our economic system is known to one and all to be imperfect. Afterall, human beings can better themselves and their imperfect products can be ameliorated. Only works of God are perfect, I suppose. With this in mind, if it is so that the human economy is imperfect, it is just as obvious that the global economy of the family of humanity can be re-designed, modified and otherwise changed, as necessary. The system of economic globalization can be reorganized, "downsized" and "powered down" so that the global economy meets the primary needs of majority of people. In this way, the economy of the human community could be sustainably reconstructed so as to realize more fully and more equitably the principles of democracy.

What are the principles of sustainable ECO:NOMICS?

Steven Earl Salmony
AWAREness Campaign on The Human Population,
established 2001
http://sustainabilitysoutheast.org/


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