Sunday, April 01, 2007

HOLISTIC ECONOMICS

This was taken from The Progressive Review ...............Scott
http://prorev.com


FOR THE PAST quarter century, discussions of economic matters have been
badly discolored by the distorted and childlike views of conservative
economists. Even the media has bought into the rightwing economic
mythology.

Traditional economists, of both left and right, often act like religious
fundamentalists, except that they believe in the power of money rather
than of Jesus.

We badly need what has been called post-autistic economics or, to use a
less loaded phrase, holistic economics, which is to say looking at these
matters as part of the natural complexity of life rather than regarding
them with the artificial simplicity of theory.

If we took such an approach we would discover some solutions just
waiting around for someone to notice. For example, cities - stuck in
what one time Madison WI mayor Paul Soglin called lemon socialism -
could allow themselves - and not just banks and developers - to make
money. Land that is presently sold to developers at bargain prices might
be leased by the city or a city might launch a shared equity program for
lower income homebuyers under which it would be an equity partner and
enjoy a portion of the profits at sale.

Holistic economics would look at other things now ignored - such as a
gross domestic product that included volunteer work, parents' work and
even the drug trade. Corporate disasters such as oil spills would not
add to such a revised domestic product.

Holistic economics would recognize that humans do many things for
reasons other than money. It would integrate itself into values such as
cooperation and community, tradition and religion.

Holistic economics would also tackle a topic no one seems to want to
touch: what sort of system works best without destroying natural
resources including air, land and water? What sort of system does not
depend on masochistic exploitation of the earth it is meant to serve?
And how do we develop an economic system not based on population growth
as a major force to expand markets?

You won't hear about this on Marketplace or read about it in the
business section of the New York Times, but the issues won't go away
just because we don't talk about them.

FALSE PROFITS
http://prorev.com/wbprofits.htm

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