Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Saturday, April 4, 2009

Fr. Ted’s Blog

Fr Ted Bobosh reviews an article by Kurt Anderson in the latest issue of Time. The End of Excess Not the End of the World: Fr. Ted’s Blog:
Anderson’s look at America’s economy compares the last quarter century’s years of self destructive and unsustainable economic behavior to an addiction. He proposes the formation of a “Bubbleholics Anonymous” to get us back on the right track.

Worth a read!

Friday, December 12, 2008

Greens' six steps to economic recovery

Greens offer six big steps for economic recovery

Green Party of the United States
http://www.gp.org

For Immediate Release: Wednesday, December 10, 2008

Contacts: Scott McLarty, Media Coordinator, 202-518-5624, cell 202-904-7614,
mclarty@greens.org Starlene Rankin, Media Coordinator, 916-995-3805,
starlene@gp.org

Greens support workers occupying a factory in Chicago after layoff: bailout
money isn't being used to help working Americans

WASHINGTON, DC -- Green Party leaders said today that the incoming Obama
Administration and Congress should take six major steps to reverse the
financial meltdown and restore financial security for Americans.

The steps include a Green public works program, aid for state and muncipal
governments, expansion of mass transit, Single-Payer health care, a peace
dividend gained by ending the occupations of Iraq and Afghanistan, and an
end to the wasteful war on drugs.

Green Party candidates running for local, state, and national office in 2008
promoted many of these ideas even before the crisis precipitated. In
September, Cynthia McKinney published a ten-point list of solutions and
reforms in response to the Wall Street meltdown, titled "Seize the Time"
(http://votetruth08.com/index.php/learn/mckinney-messages).

Greens expressed support for United Electrical Workers union members
occupying a Republic Windows and Doors plant in Chicago after the plant was
shut down and they were laid off with three days' notice and told they had
no assurance of receiving severance and unused vacation pay. The company's
creditor, Bank of America, received $25 billion from the government's
financial bailout package. Greens said that the bank's actions, including
refusal to allow Republic to give workers 60 days notice (as required by
law), demonstrates how bailout money isn't being used to assist working
Americans facing financial hardship.

Six Green steps for economic recovery:

(1) Enact a massive Green public works program, creating new living-wage
jobs in conservation (including weatherization and energy retro-fitting);
clean and safe energy technologies to replace fossil fuel and nuclear
sources and create a carbon-free economy; repair and improvement of
America's deteriorating infrastructure (especially water and sewer systems);
and improvement of public schools and Green job training programs.

"The collapse of the I-35 bridge in Minneapolis in 2007 was a result of the
neglect and starvation of funds for maintaining infrastructure that was
built decades ago. The ideology of privatization and hostility to 'big
government' is no longer tenable during the financial crisis -- the current
White House and Congress conceded as much when they began pushing for
bailouts. Public works programs built America, and public works, with
hundreds of thousands of new Green jobs, is what America needs now for
economic recovery," said Rosa Clemente, the Green Party's 2008 candidate for
Vice President (http://www.rosaclemente.com).

"We're encouraged that President-elect Obama intends to launch a public
works program along these basic lines, but we hope Congress and his own
administration don't undermine and dilute such a program out of traditional
Democratic and Republican loyalty to corporate interests and fear of being
labeled liberal or socialist. It's time to follow the lead of the Green Jobs
For All movement," Ms. Clemente added.

(2) Bail out financially ailing towns, cities, and states before bailing out
private corporations: millions of public sector and contractor jobs depend
on the fiscal security of municipal and state governments.

Greens noted that municipalities and states are businesses that drive state
and local economies throughout the US. They also provide the social safety
net that millions of working people need during the current crisis.

(3) Jumpstart our country's mass transit system, giving people an
alternative to cars while saving them money and providing jobs.

"Making autos more efficient will only get us part way toward solving our
energy and climate challenges. We need to get people out of their cars
altogether. Communities need the ability to provide local solutions for mass
transprotation: new trains, subways, light rail wherever they fit," said Wes
Rolley, co-chair of the Green Party's EcoAction Committee.

(4) Enact a Single-Payer/Medicare For All national health plan, providing
every American with coverage and removing the burden of health care from
small and large private businesses.

"The skyrocketing cost of health care under our private health care system
has created much of the economic instability as businesses struggle to
provide workers health benefits. If President Obama and Congress have the
political will to resist the power of the insurance, HMO, and pharmaceutical
industries that siphon their profits off America's need for health care, the
relief that Single-Payer will be a huge economic boost," said Sanda
Everette, co-chair of the Green Party of the United States.

Single-Payer would cover all Americans regardless of income, employment,
residence, age, or prior medical condition, allowing choice of health care
provider, and costing working people far less than they now pay for private
coverage. In 2003, the New England Journal of Medicine published an article
estimating that Single-Payer could cut health care costs by $350 billion
annually (http://www.pnhp.org/publications/nejmadmin.pdf). Greens sharply
criticized Barack Obama during the election season for rejecting
Single-Payer out of concern for health insurance companies.

(5) End the occupations of Iraq and Afghanistan.

"The staggering expense of the Iraq and Afghanistan invasions and
occupations haven't only cost American, Iraqi, and Afghan lives. It also ate
up trillions of dollars away that could have been spent on human and
environmental needs. If we call home our troops right now, we can divert the
money needed for military occupations to Green public works and other
programs to jumpstart the economy -- a new peace dividend," said Starlene
Rankin, co-chair of the Lavender Green Caucus.

The Green Party opposed both wars from the beginning and has criticized Mr.
Obama's plans for delayed and partial troop withdrawal from Iraq and for
sending more troops to Afghanistan.

(6) End the war on drugs, which wastes billions annually, hasn't curbed drug
use, and ruins lives by incarcerating nonviolent offenders (mostly young,
African American, Latino, and poor white) at further government expense.

"The war on drugs is America's longest and costliest war. With Afghanistan
providing the world's world's biggest poppy crop, it's one of the main
reasons the US is fighting a war there," said Cliff Thornton, co-chair of
the Green Party and co-founder of Efficacy, Inc.
(http://www.efficacy-online.org), which promotes major reforms in drug
policy.

Harvard economist Jeffrey Miron has estimated that legalizing cannabis would
save federal, state, and local governments $44 billion a year in enforcement
costs (http://www.prohibitioncosts.org/mironreport.html). Governments could
collect another $33 billion in revenues by taxing cannabis as heavily as
alcohol and tobacco.

MORE INFORMATION

Green Party of the United States http://www.gp.org
202-319-7191, 866-41GREEN Fax 202-319-7193

http://www.gp.org/press/pr-national.php?ID=152

Thursday, April 3, 2008

Economics, environment and eco-justice, by Prof Klaus Nurnberger

Economics, environment and eco-justice

Some rough notes on a paper presented by Prof Klaus Nurnberger at the SAFCEI conference, Rosettenville, Johannesburg, 2008.

Some basic economics

Based on throughput -- leading to waste.

Classical economics based on the "market", but depends on power, and classical economics does not take this into account.

After nothing some of the characteristics and assumptions of classical economics, Nurnberger went on to explain that economics was based on the worldview of modernity, and contrasted it with traditional (premodern) worldviews.

Collective consciousness - interaction between traditionalism and modernity

Traditionalism is built on submission to authority, modernity is built on emancipation.

Some characteristics of traditionalist worldview:

a) Reality is composed of unstable dynamistic power
b) this can be manipulated beneficially through ritual or detrimentally through sorcery
c) humans live in a dangerous world. Solidarity and discipline are essential
d) life flows along the male lineage, authority based on patriarchal hierarchy
e) culminating on the ancestors
f) leading to tight status and role allocations
g) life oriented upwards towards authority, backwards to the past

Modernity is based on emancipation from authority

a) think for yourself (rationalism)
b) see for yourself (empiricism)
c) pursue your own interests (liberal economy)
d) try out what works (pragmatism)
f) insist on your personal dignity (human rights)
g) claim equality (female emancipation)
h) let the youth find its way (anti-authoritarianism)
i) relate to your personal Saviour (pietism)

Working principles of modernity

a) in science -- evidence
b) in technology -- efficiency
c) in commerce -- profitability
d) in the consumer culture / utility / pleasure

The dominance of modernity

Modernity has become the dominant culture because it delivers the goods in terms of

  • knowledge
  • productivity
  • wealth creation
  • need satisfaction
  • power generation
Traditionalism is being marginalised
This includes the Biblical faith as a traditionalist belief system

The lure of modernity lures peripheral populations to the centre, but worldviews, motivations tend to lag behind (urbanisation /civilisation)

Changes needed

The centre population must learn

  • modestry
  • solidarity
  • responsibility (ie ubuntu)
The peripheral population needs to learn (restructure consciousness)

  • emancipation, initiative, self-consciousness
  • scientific knowledge (maths and science education)
  • technological efficiency
  • administrative competence
  • concsientiousness, reliablity, worth ethic
  • freedom and responsibility
______

Questions/comments

Q - Beach at Simonstown -- using a front-end loader to move sand back -- cannot unskilled labour be used, less CO2 emission etc.?

KN - machines are cheaper, don't go on strike etc. China tried labour intensive dam building? At UKZN 30 years ago they used 20 people with hand mowers, now one man with a machine.

Q - it was precisely the attitudes of modernity that led to the problem. How can we advocate that as a solution?

KN - there are too many of us. We cannot feed 6 milliard people with old methods. Modernity, and the neoliberal/capitalist system is in control. We need to see how we can integrate people who have been thrown out of the system.

(My comment - One answer: recognise the system, but not worship it, not idolise it)

Q - What about Basic Income Grant?

KN - sight of poor people is heart-rending. It would take away the worst suffering. It would give purchasing power, so the system can begin to produce for those people instead of for the super-rich. They can get slightly more healthy, slightly more energy, slightly more hope.

Q - (Rabbi Hillel) has holiday cottage, oppoisite it is field ploughed by horses, using organic farming.

KN - such initiatives are critical. The system we have is not sustainable in the long term. We need alternatives, and to know what works. We have to overcome powerful prejudices. Tried this in seminary, setting up a vergetable garden to feed the students, but the students went on strike -- they are becoming baruti, they are not labourers. These were the leaders, but they could not see.

Q - (Grace Mokhuku) How can we motivate the government not to give a grant, but teach people how to work?

KN - Don't expect everything from the government. Start at the bottom. People in the NGOs know better than government. A problem in our society is that government at grassroots level lacks capacity. There are not the skills or knowledge at the local level. That takes time and dedication. Sometimes when he can't sleep he reads history and in the country of his forebears things were worse 500-600 years ago than they are here today. We need patience.

Q - 1913 Land Act. Now thousands leave land, come to informal settlements, become dependent on external resources. Immigrants come from elsewhere, show initiative and prosper. Isn't there a possibility of going back to farming.

KN - The impact of apartheid is enormous, but exacerbated the problem, it was not the root. You find it in Brazil, which never had apartheid. People coming from outside are the most enterprising people of their societies. They leave the relaxed society, and outperform our society. They are the elite, but our elite go to Britain and elsewhere.

Q - Do you know about socio-economic democracy. The floor and ceiling are established democratically.

Q- Is it possible to match modern and traditional without some kind of crisis.

KN - Modernity is dominant, whether you like it or not. Because we have a democracy, grassroots people who are more traditional than the elite assert their power, as happeend at ANC conference at Polokwane last December.

In Limpopo lightning struck a hut, and people thought it was witchcraft, a diviner detected the culprit, and he was tortured. There was a court case. Now a young man comes from that area, wanting to learn science. The worldviews clash. There is uncertainty; you try out what works and what doesn't we need patience for these things to work themselves out. We can encourage people to take science seriously. People have worldview assumptions that we know are not correct. You have a right to think what you like, but one is correct. They can't both be true (intejection: they could both be wrong!). Scientists continue try to investigate.

In Germany in the wonderful days a student could study as long as you wanted free of charge. There were no first-year exams -- only at the end of the course, you passed or failed. So students who felt they were not ready to face their finals could study another year, and another, and another. But such a system is not sustainable in the long term.

Friday, February 22, 2008

Environmental aspects of the Budget speech

Some comments from Harald Winkler of the environmental aspects of yesterday's budget speech.

Many of you will no doubt have looked at the budget speech already. It includes quite a bit on climate change explicitly, and other items that are directly related:

  • a recognition that climate change may require us to change our growth path (p. 6-7):
  • puts under scrutiny for implementation" options from an earlier paper on environmental fiscal reform, which many of you will have seen - specifically mentions (p. 22) " include the use of emission charges and tradable permits, tax incentives for cleaner production technologies and reform of the existing vehicle taxes to encourage fuel efficiency" (p. 22)
  • announces a 2 c/ kWh tax on non-renewable electricity, generating R2 billion in 2008/9 and R 4 bn in 2009/10, - and gives R60 bn to Eskom (p. 24)
Regards

Di Mellon
Secretary :
Southern African Faith Communities' Environment Institute
Ph: 021 7018145
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