New Economics? Is there another way?

29 Sep

I like some aspects of free markets. As a craftsman who has made a living at times in my life building and remodeling houses, I like the idea that I can trade my time and skills in a relatively free manner for money or other goods that I want or need. More and more I find I don’t really want too much stuff. I have a houseful of stuff. It comes and goes. I don’t buy much in the way of new stuff. We are awash in consumer goods in the US and if you turn off regular television and cable and stop reading the newspaper, your consumer programming falls away pretty fast in my experience, so I just am not all that familiar with the stuff that the consumer culture thinks I should be craving.

I think consumer culture and rampant capitalism is the downside of the free market. I like Medicare. I like Social Security. I like public education. I think it should be free and include higher education. I think that means I like socialism.

But try to sell socialism to the US electorate with the consumer capitalists in charge of the media. It’s going to be a tough sell.

I am throwing up this piece by Gar Alperovitz. I will watch it in a day or two. Maybe he has some thoughts about new economic systems that I will find appealing. Maybe you will find something here also. Hope so.

Gar Alperovitz – Our Time in History: The Possibility of Fundamental System Change from New Economics Institute on Vimeo.

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4 Responses to “New Economics? Is there another way?”

  1. oliver17wood September 30, 2012 at 1:52 am #

    Great post. Check out my blogpost on rethinking economics:
    http://wp.me/p2JUeq-n

    • mikewmd September 30, 2012 at 4:46 pm #

      Like it. We are on similar wavelength. More folks will join us because mainstream economics assumes growth and our finite planet has limits. We have to develop sustainable economic models and theories.

  2. Jeff Nguyen September 30, 2012 at 3:03 am #

    There is nothing free about the U.S. capitalist market…we are either an asset or a liability. Guess which one most of us are?

    • mikewmd September 30, 2012 at 4:41 pm #

      but we are all potential assets in a privatized prison system, aren’t we?

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