Wednesday, November 19, 2008

Latest Adbusters: Growth, "Socialism" and Redistribution of Wealth

Check out the latest edition of Adbusters , especially the piece on Herman Daly (born in Houston and graduate of Rice University before he moved on to "bigger and better")--

"Big Idea: A Steady-State Economy
The growth economy is failing and we have to attempt a steady-state economy. The steady state answer is that the rich should reduce their throughput growth to free up resources and ecological space for use by the poor, while focusing their domestic efforts on development, technical and social improvements, that can be freely shared with poor countries. "

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