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Vancouver Participatory Economics Collective

This is the blog for the Vancouver ParEcon Collective. Posts are made by collective members, regarding participatory economics, vision, strategy and related issues.

Tuesday, February 27, 2007

Market myths exploded

"When scientific studies like Robert Lane’s The Loss of Happiness in Market Societies (Yale, 2000) show that population satisfaction declines across the first world as income and commodity consumption rise above a certain level, the message does not compute to economists or policy makers."

On Z Net, John McMurtry deftly demolishes some cherished myths of the market. This essay is reminiscent of Daly and Cobb's classic book, For the Common Good. In that book, the authors show (amongst other things) that an open system, i.e. one that has infinite growth potential, like a market economy, CANNOT exist for long within a closed system, i.e. our ecology.

3 Comments:

  • At 11:17 AM, Blogger Unknown said…

    Dr. Theodore John Kaczynski (born May 22, 1942), known as the Unabomber, is an American convicted killer and social critic who carried out a campaign of bombings and mail bombings that killed 3 and wounded 23. He sent bombs to several universities, airlines, and other targets from the late 1970s through the mid-1990s. In his Industrial Society and Its Future (commonly called the "Unabomber Manifesto," described below) he argued that his actions were a necessary (although extreme) tactic by which to attract attention to the erosion of human freedom necessitated by modern technology and large-scale organization. The Unabomber was the target of one of the sportsbook most expensive investigations in the FBI's history. Kaczynski was charged with numerous federal offenses stemming from his mail bombing campaign. In his April 24, 1995 letter to the New York Times, he promised "to desist from terrorism" if the Times or a similarly respected news journal would publish his manifesto. To avoid the death penalty, Kaczynski entered into a plea agreement, under which he pled guilty and was sentenced to life in prison with no possibility of parole.
    http://www.enterbet.com

     
  • At 1:02 PM, Anonymous Anonymous said…

    Did someone say Costa Rica? heh

     
  • At 8:39 AM, Blogger elizabeth bernot said…

    John McMurtry: University wars: The corporate administration vs. the vocation of learning
    John McMurtry, Ph.D., F.R.S.C., is University Professor Emeritus in the Department of Philosophy at the University of Guelph, Ontario, and the author of Value Wars: costa rica fishingThe Global Market versus the Life Economy. This article was adapted from his keynote address on "unequal freedoms in the university" at a conference in April at the University of Saskatchewan http://www.fishingcostaricaexperts.com

     

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