The New Economy Won’t Be Like the Last One

Posted by Trish Riley, September 14, 2009

A sustainable economy is evolving….

Despite the best efforts of the Obama administration, the economy is a long ways from recovery. The speculative system that created the mess remains intact, and foreclosures and unemployment continue to rise. But at the same time, a new economy is taking form. It’s built on a recognition that the only thing too big to fail is the Earth itself. It is designed to build sustainable wealth for families, communities, and ecosystems, and it’s our best chance to improve prospects for future generations, instead of leaving them with ever-growing debt, conflict, and environmental destruction.

The new economy is about increasing quality of life, improving health, and restoring the environment. The resources to pay for this will be the resources that previously went into multi-million-dollar CEO pay packages and oversized returns on speculation.

via Sarah van Gelder: The New Economy Won’t Be Like the Last One.

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