Shrinking the Giant Hamster How we can all be better off without Growth Simon Tytherleigh Sustainable Bradninch.

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Presentation transcript:

Shrinking the Giant Hamster How we can all be better off without Growth Simon Tytherleigh Sustainable Bradninch

APOCALYPSE

“It has taken all of human history for the economy to reach the size it is now. On current form it will take just two decades to double.” New Scientist 18 th October 2008

97% lent to us by private banks 3% issued by the Bank of England

'The End of Growth'  The crash was foreseen by many  The global economy has broken  External factors are preventing growth  High debt levels are unsustainable  Austerity and kick-starting are both failing  The banking system is broken  The stock market rise is a mirage  Household debt is very high  The housing market remains unaffordable for most, except by taking out huge mortgages  The Eurozone crisis has not gone away, and the US has not solved its problems

What would you put in a new system? a new system? Operate within planetary limits  Operate within planetary limits  Fairness for all  Allowing growth where necessary  Imposing contraction where necessary  Enabling people to flourish

Redefining Prosperity The capability to flourish within limits set by nature and population  The capability to flourish within limits set by nature and population  Family and community networks  The ability to achieve personal goals  The potential to participate in society

Money system reforms  Change the way money is created  Financial transaction tax  New, better, separated banks  Local banks, currencies, credit unions  Criminalisation of banking offences  Debt jubilee  Measure well-being not GDP

Tax reforms  Land-value tax  Tax 'bads' not 'goods'  Remove income tax  Plunder tax  Inheritance tax  Stop tax avoidance and tax havens

Further reforms  Wider planning horizons  Resource restrictions  Consumption restrictions  Individual carbon allowance  Reduction in working hours  Minimum and maximum wage  Endowment for young people

The Cinderella economy

ACT! An alliance for people, for the planet

NGOS AND ACTIVISTS = HAPHAZARD UNCONNECTED ACTIVITY (JUST LIKE THEIR ISSUES TOO)

What can you do? Be an activist  Be an activist  Grow the 'core economy'  Spread the word  Move your money  Challenge the orthodoxy  Be the change!