Book: Wolfgang Hoeschele. The Economics of Abundance: A Political Economy of Freedom, Equity, and Sustainability.
"The “economics of abundance” is based on a critique of our present economic system, which finds value only in scarce commodities – i.e., things which can be sold at a high price because demand exceeds supply. Because this economy depends on demand always outstripping supplies, it also depends on “scarcity-generating institutions” – institutions that either manipulate supply or demand in order to keep us in a constant state of need.
An economy of abundance seeks to dismantle or reform these scarcity-generating institutions in such a way as to affirm our freedom to live life as art (self-expression to others), social equity (so that everyone can live life as art), and sustainability (so that all life can thrive into the future). Among other things, this implies a much greater role for various forms of shared property, individual and community-level self-reliance, and participatory decision-making." (http://shareable.net/blog/event-the-economics-of-abundance)
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Date: 2010-05-21 03:15 pm (UTC)Book: Wolfgang Hoeschele. The Economics of Abundance: A Political Economy of Freedom, Equity, and Sustainability.
"The “economics of abundance” is based on a critique of our present economic system, which finds value only in scarce commodities – i.e., things which can be sold at a high price because demand exceeds supply. Because this economy depends on demand always outstripping supplies, it also depends on “scarcity-generating institutions” – institutions that either manipulate supply or demand in order to keep us in a constant state of need.
An economy of abundance seeks to dismantle or reform these scarcity-generating institutions in such a way as to affirm our freedom to live life as art (self-expression to others), social equity (so that everyone can live life as art), and sustainability (so that all life can thrive into the future). Among other things, this implies a much greater role for various forms of shared property, individual and community-level self-reliance, and participatory decision-making." (http://shareable.net/blog/event-the-economics-of-abundance)