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Re: [Pen-l] Dying of Consumption



On Fri, Nov 28, 2008 at 12:10 PM, Sandwichman <lumpoflabor@xxxxxxxxx> wrote:
> On Fri, Nov 28, 2008 at 8:53 AM, Dan Zale >
>
>> Is there any other s[c]enerio on the horizon?
>
> How about Managing Without Growth?
>
> http://econospeak.blogspot.com/2008/11/so-shrink-beast-already.html
>



Thanks, esp for this Obama quote:

This current economic crisis... and the political transition in the US. Back in August the New York Times Magazine published an article by David Leonhardt on "Obamanomics." The dramatic climax appeared toward the end of the article when a press aide walked back to Leonhardt's seat on the Obama campaign plane to tell him that Obama had more to say.

   "Two things," he said, as we were standing outside the first-class bathroom. "One, just because I think it really captures where I was going with the whole issue of balancing market sensibilities with moral sentiment. One of my favorite quotes is — you know that famous Robert F. Kennedy quote about the measure of our G.D.P.?"

   I didn't, I said.

   "Well, I'll send it to you, because it's one of the most beautiful of his speeches," Obama said.

   In it, Kennedy argues that a country's health can't be measured simply by its economic output. That output, he said, "counts special locks for our doors and the jails for those who break them" but not "the health of our children, the quality of their education or the joy of their play."

   The second point Obama wanted to make was about sustainability. The current concerns about the state of the planet, he said, required something of a paradigm shift for economics. If we don't make serious changes soon, probably in the next 10 or 15 years, we may find that it's too late.


More proof that Obama is fundamentally sympathetic to a progressive way of thinking. If only progressives can be bothered to try and convince him..
-raghu.


--
"To be or not to be. That's not really a question."




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