Economy thats based on circulation, not accumulation
Imagine your great grandchildren thriving, here in Scotland.
For this to happen, we need an economy that naturally circulates money rather than concentrating it, an economy that values people's needs ahead of corporate greed, and an economy that gives more than it takes from our life-supporting environment.
Such an economy is possible.
The CCA need to discuss and consider ‘Post-growth’, which sees Scotland operating better without the demand of constant economic growth. It proposes that widespread economic justice, social well-being and ecological regeneration are only possible when money inherently circulates through our economy. At the moment money tends to accumualate to a small number of people and major corporations and shareholders.
Why the contribution is important
In all its forms, the dominant economic system – capitalism - is committed to economic growth. And this seems to be the only way, given the benefits we see and what we’ve been taught. After all, growth means more goods and services sold. Growth means more jobs. Growth drives progress. The absence of growth leads to recessions, even depressions. Why would we ever want anything other than growth?
The short answer is that ongoing economic growth threatens our survival as a species.
This claim is based on two provable realities:
a) Total debt always expands in a modern capitalist system, setting us up for economic collapse.
b) Total ecological footprint always expands in a modern capitalist system, setting us up for environmental collapse.
Transitioning to a post-growth economy represents Scotland's best option in response to the threat of social and ecological collapse.
by ScottH82 on October 24, 2020 at 08:12PM