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The Lean Economy: A Vision
of Civility for a World in Trouble
DAVID FLEMING, The Annual
Feasta Lecture
excerpts:
The coming oil shock is not
the only reason why the prospects for the global market economy and for
civilisation as a whole look poor. A complex system, such as a car or a
human body, tends at the end of its life to fail in many different ways
at about the same time. http://i.am/jah/greeneco.htm
A second sign
of systems failure is climate change. http://i.am/jah/signs.htm
Thirdly, there is the complex
and still poorly-understood issue of how a mature market economy can,
even under ideal conditions, sustain the perpetual economic growth
which is an essential condition for its stability: along with Richard
Douthwaite and others I argue that it simply cannot do so.
http://i.am/jah/socio.htm
Fourthly, there is the
increasingly intense phenomenon of disengagement a failure of
participation, consent, shared values, social cohesion in
short, a failure of social capital which ultimately matures into
insurgency, both from dissidents on the outside of modern society and
from within it. The system
is failing in many other ways: soil fertility, water, hormone disruptors,
the
collapse of fisheries
but that is enough for now. http://i.am/jah/syst.htm
If we put all these together,
then we find ourselves looking at the climax of the market economy,
followed by its comprehensive failure, very high unemployment and an
atrophy of government revenues, leading towards what could be called
hyperunemployment - that is, unemployment so high that government
cannot fund subsistence payments and pensions. Unemployment on this
scale means no income. No income means no food. No food means the
collapse of urban populations on the scale experienced by former civic
societies the Romans and some two dozen other accomplished
civilisations in the closing phase of their life-cycles. I
hope I am wrong or, rather, that it doesn't come to this. But it does
seem obvious to me that the opportunity is rapidly passing in which it
will be possible to avoid the high levels of mortality that have been
associated with the collapse of other civic societies.