Thursday, May 31, 2007
Bill McKibben on Deep Economy
Judging by the summary of his book it contains little that is new. Environmental limits, happiness and inequality are all there. However, it is likely to be an articulate synthesis:
“McKibben's main thesis: ‘Growth is no longer making most people wealthier, but instead is generating inequality and insecurity.’
“Growth ‘is bumping up against physical limits" [peak oil and global warming] so that continuing to expand the economy may be impossible and possibly even dangerous.’
“Then there's this wild card: ‘New research from many quarters has started to show that even when growth does make us wealthier, the greater wealth no longer makes us happier.’"
The review also puts McKibben in the tradition of other American writers who advocate greater communal living and reducing the human impact on the environment including: Hazel Henderson, Lester Brown, Herman Daly, Wendell Berry, Jonathan Rowe, Sarah van Gelder, Duane Elgin, and Vicki Robin. Arguably Henry David Thoreau and even EF Schumacher (although he was a Briton of German origin) belong there too.
Labels: America, book, growth, happiness, inequality

