Berto Jongman: True Cost Economics — No Western Industry Would Be Profitable is Natural Capital Costs Considered

None of the world’s top industries would be profitable if they paid for the natural capital they use Here’s how those costs break down: The majority of unpriced natural capital costs are from greenhouse gas emissions (38%), followed by water use (25%), land use (24%), air pollution (7%), land and water pollution (5%), and waste …

Basil Al-Nakeeb: Two Centuries of Parasitic Economics

Two Centuries of Parasitic Economics is a radically original book, calling for rewriting macroeconomic theory and replacing the irrational finance,  monetary, and tax regimes with robust systems to avert financial collapse, depressions, disorder, and to improve democracy. The introduction reviews the bailout of US banks in 2008, arguing that rescuing millions of delinquent homeowners to …

John Perkins: Stopping Economic Cannibalism

Seeing Wetiko: We Must Reject Economic Cannibalism When Milton Friedman won the Nobel Prize in Economics, he promoted the current story: “the only responsibility of business is to maximize profits, regardless of the social and environmental costs.” The rules governing business ever since reflect that story. That was in 1976, a time when financial capital …

Robert Steele: Augmented Intelligence with Human-Machine Integrity – Future-Oriented Hybrid Governance Integrating Holistic Analytics, True Cost Economics, and Open Source Everything Engineering (OSEE)

Augmented Intelligence with Human-Machine Integrity: Future-Oriented Hybrid Governance Integrating Holistic Analytics, True Cost Economics, and Open Source Everything Engineering (OSEE) UPDATE: PDF (26 Pages): Chapter Steele on Augmented Intelligence as Published Full Text of Author’s Final Draft (Pre-Editing) Below the Fold

Berto Jongman: Economic War on France? Civil Unrest Costing Companies Money…

Civil unrest: Companies face higher risk of disruption in France than any other western economy – Global index Civil unrest is significantly more disruptive to business in France than in any other western economy, reveals a new global index released by risk consultancy Verisk Maplecroft, which rates the country ‘high risk’ alongside emerging markets, such …

Jean Lievens: Economic Democracy Superior to Capitalism or Socialism

Capitalism or Socialism? There’s an Even Better Option Bernie Sanders’ popular campaign suggests that many Americans aren’t afraid of socialism anymore. But real democracy is an even better alternative to capitalism. David Korten Democracy is the life-serving alternative we seek to the life-destroying capitalist tyranny under which we now live. Democracy, not the false dichotomy …