Surviving Capitalism (Not) : The Continuing Collapse of Ponzi Finance and the Real Economy

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

Wednesday, June 9, 2010

The Continuing Collapse of Ponzi Finance and the Real Economy

from Archein. The blogger concludes his essay on the Ponzi economy with these wise words:

We need to restructure our culture to consume less and produce less. Just as we evolved from an agrarian society to an industrial society, we must now evolve to a design society. We need to spend more time figuring out how to do better with less stuff, understanding in doing so, we can all have better lives.