Economy of Right Relationship

Starting from the deep recognition that the economy must fit within Earth’s limits – where resources are not used faster than they can be regenerated and wastes are not deposited faster than they can be safely assimilated. Policies must change to move toward a steady state economy in overdeveloped industrial countries and sustainable development in impoverished countries. Current institutions and rules must change so that individuals, communities and whole societies can participate equitably in the economy and share in Earth’s bounty. Financial institutions should embrace the principle of subsidiarity, allowing decisions to be made at the most local level possible. Priority should be given to policies that distribute wealth widely and decentralize economic power.

Toward this end we will seek to understand more fully what transformations are required to attain economic right relationship. We will promote a serious reorientation of the global economy away from growth and toward human development. We will pursue changes in laws, policies, international agreements, and institutions to create a more durable, resilient and fair economy. We will examine our lifestyles and decrease consumption. We will advocate for sustainable levels of resource use and safe quantities of waste production, including equitably assigned reductions in greenhouse gas emissions.

Statement of Principles for Climate Finance from the Faith Economy Ecology Working Group

Websites

Center for the Advancement of the Steady State Economy

Research & Degrowth

Green economics primer by Frank de Jong

Steady state economics by Herman Daly

New Economics Foundation

Post Carbon Institute

The Solutions Journal

Redefining Progress

Gund Institute for Ecological Economics

Green economics: Turning mainstream thinking on its head by Thomas Prugh

Money as Debt – an excellent 47 minute video that explains the history of money and its significance

Books

Economics, ecology, ethics: Essays toward a steady-state economy edited by Herman E Daly, W. H. Freeman and Company, 1973

For the common good: Redirecting the economy toward community, the environment, and a sustainable future, by Herman E Daly and John B Cobb Jr., Beacon Press, 1994

Beyond growth, by Herman E Daly, Beacon Press 1996

Ecological economics: Principles and applications, by Herman E Daly and Joshua Farley, Island Press, 2004

Deep economy: The wealth of communities and the durable future by Bill McKibben

The bridge at the edge of the world: Capitalism, the environment, and crossing from crisis to sustainability, James Gustave Speth, Yale University Press, 2008

Sustainability and spirituality by John Carroll, SUNY Press, 2004

State of the World 2008: Innovations for a sustainable economy, World Watch Institute

Agenda for a new economy: From phantom wealth to real wealth, by David Korten

The logic of sufficiency, by Thomas Princen

Articles

Catholic Bishops Share Stories of “Climate Refugees”

Toward an Ecologically Integrated Economy, by Pamela Haines

Redefining Progress, by Pamela Haines

Looking at Life Beyond Growth, by Pamela Haines

Criteria for Success at Rio+20 Identified

Growth as a Cancer, by Pamela Haines

Millennium Consumption Goals, by Marianne Comfort

Financialization of Nature, by Dave Kane

Wealth is not the same as money

Living Well Beyond Money by Julia Wartenberg

Equity and Economic Growth, by Pamela Haines

Wall Street as Servant to the Economy, by Pamela Haines

Human Sacrifices to the Financial Markets, by Pamela Haines

Economists Question Importance of Agriculture, by Pamela Haines

Trying to Understand Climate Change Deniers, by Pamela Haines

Feminist Political Economy, by Julia Wartenburg

Collaborative Consumption, by Marianne Comfort

Simple Pleasures Beyond Materialism, by Pamela Haines

Seeing the World Anew: A Framework for a Renewed Economy

Good numbers gone bad: Why relying on GDP as a leading economic gauge can lead to poor decision-making, by Joseph Stiglitz

What’s wrong with the GDP, from Jay Hanson’s website

Is Economic Growth Always a Good Thing?

Videos

HOME a beautiful film by Yann Arthus-Bertrand that speaks of the unbalanced relationship that humans have with Earth, also available on DVD through the Commission on Voluntary Service and Action p: 718-729-CVSA; f: 718-482-8724

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Responses

  1. Might you consider including the following books on your list?
    Love God, Heal Earth: 21 Leading Religious Voices Speak Out on Our Sacred Duty to Protect the Environment, by Sally G. Bingham

    Inspiring Progress: Religions’ Contribution to Sustainable Development, by Gary T. Gardner

    Right Relationship: Building a Whole Earth Economy, by Peter G. Brown and Geoffrey Garver


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