What Do We Mean by Transformative Change?

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Climate Emergency,Economic Growth,Economy

James Gustave (Gus) Speth is currently Distinguished Fellow at The Democracy Collaborative. He is the author, most recently, of They Knew: The U.S. Federal Government's Fifty-Year Role in Causing the Climate Crisis (MIT Press, 2021).

Progressive s and many others agree on one thing: Across a broad front of national life, the American economy and our politics are not delivering good results. The documented truth is that the conditions of life and living in our country are deplorable for most people, with almost all measures of public well-being behind other upper income countries. That has been the case for decades, actually, and is one of the things that accounts for the widespread political disaffection in American today.

The Market: From neoliberal market worship to powerful market governance in the public interest, from dishonest prices that neglect external costs to honest ones, from unfair wages that neglect productivity to fair ones, from commodification to reclaiming the commons. Money and Finance: From money created through bank debt to money created by government, from investments seeking high financial returns to those seeking high social and environmental returns, from Wall Street to Main Street.

Climate Emergency Economic Growth Economy Healthcare Neoliberalism Social Justice Socialism War & Peace Progressive

 

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