The New Economy Starts Now
by Sarah van Gelder, Editor Yes Magazine
As the financial system continues to crumble, a new economy is taking form. It’s an economy that recognizes that the only thing too big to fail is the Earth itself. It is designed to build sustainable wealth in 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.
Politicians, pundits, and financiers defend deepening our national debt to bail out the institutions of a failed Wall Street system. But this system, built on speculation and the rule of money, is undermining the health of the planet and the well-being of all but the wealthiest few. It’s time to let it go. Read the rest of this article.
More Articles in The Latest Issue of Yes Magazine
Let Wall Street Go and rebuild a Main Street economy.
Just the Facts: Why we can’t go back to the old economy.
New Ways to Do Money: Made out of Thin Air, How Banks Create Money, Local Cash Currencies
New Ways to Do Finance: Small Banks, Radical Vision, Put your money where your Life is. Community Investment
New Ways to Do Work: Green Worker Co-ops, Mondragon Co-op Spain, Cleveland’s Worker-owned Boom
Jump Starting Local Economy: How to make it with less, share more, and put people and the planet first
Busted: 9 Ecomonic Myths: What the old economy didn’t do for us—and what a sustainable economy could do.
Age-Old Wisdom for the New Economy: Native peoples know a few things about surviving, together, through tough times.