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RE: [Pen-l] The fundamental crisis response. was Ecological credit crunch

To: "'Progressive Economics'" <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: RE: [Pen-l] The fundamental crisis response. was Ecological credit crunch
From: "Peter Hollings" <phollings@xxxxxxx>
Date: Thu, 30 Oct 2008 17:06:21 -0400
Thread-index: Ack6z8OJ9WfN6ZNfS8GCYuvroqveHwAAxVag

Apropos this dialogue, there is an interesting paper “Herman Daly: Towards A Steady-State Economy“ at http://www.theoildrum.com/node/3941.

Peter Hollings

Max Sawicky: Thursday, October 30, 2008 4:40 PM

I'll take a swing at it, after stipulating that I am down with the shorter work week agenda. At least, I think I am.

We might want to ratchet down the level of hours per working age person, but ongoing growth in productivity (where output includes non-market amenities and accounts properly for environmental costs) is hard to reject. It takes affirmative action to rebuild coastal wetlands, restore natural habitats, create alternative energy sources, save endangered species, help the developing world, explore the universe, and other good stuff. Growth is not necessarily individualist consumerism.

Regarding work time, lengthier periods of education prior to work and retirement after are in some sense a substitute for shorter hours, in terms of well-being.

Finally, the problem of the poor and the working class to a great extent is not too much consumerism.

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References:
- [Pen-l] Ecological credit crunch
  - From: Louis Proyect
- [Pen-l] The fundamental crisis response. was Ecological credit crunch
  - From: Eugene Coyle
- Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch
  - From: raghu
- Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch
  - From: Max Sawicky

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Thread context:
- [Pen-l] Ecological credit crunch, Louis Proyect Wed 29 Oct 2008, 12:44 GMT
  - [Pen-l] The fundamental crisis response. was Ecological credit crunch, Eugene Coyle Thu 30 Oct 2008, 17:52 GMT
    - Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, raghu Thu 30 Oct 2008, 19:39 GMT
      
      Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, Max Sawicky Thu 30 Oct 2008, 20:17 GMT
      
      RE: [Pen-l] The fundamental crisis response. was Ecological credit crunch, Peter Hollings Thu 30 Oct 2008, 20:44 GMT
      
      Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, raghu Fri 31 Oct 2008, 00:52 GMT
      
      Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, Jim Devine Fri 31 Oct 2008, 01:39 GMT
      
      Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, raghu Fri 31 Oct 2008, 02:32 GMT
      
      Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, Jim Devine Fri 31 Oct 2008, 13:13 GMT

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