How to build a 'lagomist' economy
by Robert Costanza from Economics | The Guardian on (#6G4F)
The Swedish term 'lagom' is the perfect term to describe an economic system where just enough is produced and consumed. But is this an achievable goal?
The current capitalist economic system is in continual crisis. As Thomas Friedman, said in a New York Times op-ed: "What if the crisis of 2008 represents something much more fundamental than a deep recession? What if it's telling us that the whole growth model we created over the last 50 years is simply unsustainable economically and ecologically and that 2008 was when we hit the wall, when mother nature and the market both said, 'no more'."
Related: Fully automated luxury communism
Related: Driving social and environmental justice into the heart of the US economy
Continue reading...