Restructure debt, and phase out compound interest – that’s what our environmental and financial crises tell us | ThinkOrSwim (the Climatechange.ie Blog)

November 14, 2010 § Leave a comment

The problems with growth were signalled years ago by Robert Kennedy http://hubpages.com/hub/Robert-F-Kennedy-challenges-Gross-Domestic-Product and charted in detail recently by Tim Jackson http://www.guardian.co.uk/books/2010/jan/23/properity-without-growth-tim-jackson. As summarised in these pages, http://www.thinkorswim.ie/?p=663 there is a level of wealth beyond which the chief consequence of further growth is environmental and societal harm – and that level of wealth Ireland reached in the 1990s.

Getting clear about this is important. Just another log curve?

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You are currently reading Restructure debt, and phase out compound interest – that’s what our environmental and financial crises tell us | ThinkOrSwim (the Climatechange.ie Blog) at Reflections on GardenWorld Politics Douglass Carmichael.

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