The transition to a sustainable economy requires that we lock horns with the beasts that stalk the corporate jungle, if only to replace their world of testosterone and risk with one of stability and mutuality, argues green economist Molly Scott Cato. So what can we propose as our vision for the banking system?
We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up