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The Wealth of Nature: Economics as if Survival Mattered
     

The Wealth of Nature: Economics as if Survival Mattered

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by John Michael Greer
 

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The Wealth of Nature proposes a new model of economics based on the integral value of ecology. Building on the foundations of E. F. Schumacher's revolutionary "economics as if people mattered," this book examines the true cost of confusing money with wealth. By analyzing the mistakes of contemporary economics, it shows how an economy centered on natural

Overview

The Wealth of Nature proposes a new model of economics based on the integral value of ecology. Building on the foundations of E. F. Schumacher's revolutionary "economics as if people mattered," this book examines the true cost of confusing money with wealth. By analyzing the mistakes of contemporary economics, it shows how an economy centered on natural capital—the raw materials that support human life—can move our society toward a more productive relationship with the planet that sustains us all.

The Wealth of Nature suggests public policy initiatives and personal choices that can help alleviate the economic impact of Peak Oil. These strategies must address not only financial concerns, but the issues of resource depletion and pollution as well. Examples include:

  • Adjusting tax policy to penalize the use of natural nonrenewable resources over recycled materials
  • Placing public welfare above corporate interests
  • Empowering individuals, families, and communities by prioritizing local, sustainable solutions
  • Building economies at an appropriate scale

Profoundly insightful and impeccably argued, this book is required reading for anyone interested in the intersection of the environment and the economy as we enter the twilight of the Age of Abundance.

John Michael Greer is a scholar of ecological history, an award-winning author, and an internationally renowned peak oil theorist whose blog The Archdruid Report has become one of the most widely cited online resources dealing with the future of industrial society.

Editorial Reviews

Library Journal
In his September 2, 2009, New York Times column, Nobel Prize-winning economist Paul Krugman asked, "How Did Economists Get It So Wrong?" That question embodied the soul-searching within economics that followed the field's admitted spectacular failure to foresee and prevent the recent financial crisis known as the Great Recession. Greer (The Long Descent: A User's Guide to the End of the Industrial Age) takes the foibles of modern macroeconomics as his jumping-off point for what turns out to be largely a critique of contemporary society's organization, use, and management of natural resources. Drawing heavily on the work of E.F. Schumacher, Greer's central thesis is that we don't adequately value natural resources and irresponsibly consume them. He also explores the inevitable depletion of fossil fuels, the evils of money and the viability of other types of nonmoney economies, and the potential danger of excessive faith in technological progress. VERDICT While providing a handy summary of many concepts popular in "alternative economics," this book is not particularly engaging, although the going green/environmental crowd might get behind Greer's arguments.—Steve Wilson, Dayton Metro Lib., OH

Product Details

ISBN-13:
9780865716735
Publisher:
New Society Publishers
Publication date:
05/31/2011
Pages:
263
Product dimensions:
6.00(w) x 8.90(h) x 0.90(d)

Meet the Author


John Michael Greer is a scholar of ecological history, an award-winning author and an internationally renowned Peak Oil theorist whose blog, “The Archdruid Report”, has become one of the most widely cited online resources dealing with the future of industrial society. He is a certified Master Conserver, an organic gardener, and has been active in the alternative spirituality movement for more than 25 years.

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The Wealth of Nature: Economics as if Survival Mattered 4.5 out of 5 based on 0 ratings. 2 reviews.
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