Redefining Prosperity

Redefining Prosperity

Prosperity – at least in economic terms – has always been defined within the remit of very narrow boundaries.> Typically it has always meant growth, a six letter word that obsesses politicians and economists. But when attempts to create growth prove counter-productive then it’s time for a rethink. The ultimate aim of growth is prosperity, yet – for the vast majority at least – it remains an elusive dream. The question that needs to be asked is: What is prosperity? And if our previous attempts to attain it have proved unsuccessful then how can it be achieved? The following excerpts are from the book Prosperity Without Growth: Economics for a finite planet, by Tim Jackson. The excerpts are quotes from Zia Sardar, a London-based scholar, writer and cultural-critic who specialises in Muslim thought, the future of Islam, futures studies and science and cultural relations. Prosperity Depends On The Society You’re In & Your Responsibility To It The good life of the good person can only be fully realised in the good society. Prosperity can only be conceived as a condition that includes obligations and responsibilities to others.” The prevailing vision of prosperity as a continually expanding economic paradise has come unravelled. Perhaps it worked better when economies were smaller and the world was less populated. But if it ever was fully fit for the purpose, it certainly isn’t now. Climate change, ecological degradation and the spectre of resource scarcity compound the problems of failing financial markets and economic recession. Short term fixes to prop up a bankrupt system aren’t good enough. Something more is needed. An essential starting point...
The Missing Puzzle Piece: Cooperation, The Third Integral Aspect Of Evolution

The Missing Puzzle Piece: Cooperation, The Third Integral Aspect Of Evolution

Scientists from a wide range of disciplines have attempted for more than a century to explain how cooperation, altruism, and self-sacrifice arose in our dog-eat-dog world. Darwin himself was troubled by selfless behavior. Yet in his great works, the problem of cooperation was a sideshow, a detail that had to be explained away. That attitude prevails among many biologists even today.” The above and subsequent quotes on cooperation in evolution and human society come from Martin Nowak’s and Roger Highfield’s book, Super Cooperators: Altruism, Evolution, and Why We Need Each Other to Succeed. Does Cooperation Hurt Survival Of The Fittest? Why weaken your own fitness to increase the fitness of a competitor? Why bother to look after anyone besides number one? Cooperation goes against the grain of self-interest. Cooperation is irrational. From the perspective of Darwin’s formulation for the struggle for existence, it makes no sense to aid a potential rival, yet there is evidence that this occurs among even the lowliest creatures. … This looks like a fatal anomaly in the great scheme of life. Natural selection should lead animals to behave in ways that increase their own chances of survival and reproduction, not improve the fortunes of others. In the never-ending scrabble for food, territory, and mates in evolution, why would one individual ever bother to go out of its way to help another?” To Compete Or Cooperate We are all cells in the same body of humanity.” —Peace Pigram (Mildred Lisette Norman) In the game of life we are all driven by the struggle to succeed. We all want to be winners. There is the honest...
Global Youth Unemployment On The Rise

Global Youth Unemployment On The Rise

The current, unprecedented level of global youth unemployment has raised the risk of creating ‘a lost generation’… [Y]oung people account for 40 percent or more of all unemployed people in Jordan, Lebanon, Morocco, and Tunisia, and nearly 60 percent in Syria and Egypt.” Nemat Shafik, deputy managing director of the International Monetary Fund. The world is facing a worsening youth employment crisis: young people are three times more likely to be unemployed than adults…” The International Labour Organization The United Nations estimates that last year 74.8 million youth between the ages of 15 to 24 faced joblessness, with 6.4 million young people dropping out of the labor market in 2011 alone. The highest youth unemployment rates are in North Africa (27.1%) and the Middle East (26.2%)… In the ostensibly prosperous Euro-area countries, over one-in-five young people (21.3%) cannot find a job. When this regionally-averaged figure is broken down to remove countries like Germany, the results are stark: In Spain and Greece, nearly half of all youth are without a job (48.7% and 47.2% …” CNN The Consequences Of Youth Unemployment Lower life expectancy: Unemployment more generally has been linked to lower life expectancy, a higher incidence of heart attacks later in life, and even higher rates of suicide. Higher crime rates: Increased unemployment has been linked to higher crime rates. Increased costs to the economy: Youth unemployment results in higher unemployment insurance and other benefit payments, lost income tax revenues, and wasted productive capacity. Lower lifetime earnings: Youth unemployment leaves a “wage scar” in the form of lower earnings that can last into middle age. The longer the period...
Alan Watts – A Conversation With Myself [Video]

Alan Watts – A Conversation With Myself [Video]

Alan Watts muses on the difference between the world of nature and the world of man. The following are some quotes from the video: There seems to be a complete difference of style between the things that human beings do and the things that nature does, even though human beings are themselves part of nature There is an interdependence of flowers and bees. Where there are no flowers there are no bees, and where there are no bees there are no flowers. They’re really one organism. And so in the same way, everything in nature depends on everything else. So it’s interconnected! And so the many many patterns of interconnections lock it in together into a unity, which is, however, much too complicated for us to think about Each one of us, not only human beings but every leaf, every weed, exists in the way it does only because everything around it does Everything we’re doing to try to improve the world was a success in the short run, made amazing initial improvements, but in the long run we seem to be destroying the planet by our very efforts to control it and improve it When the wrong man uses the right means, the right means work in the wrong way. In other words there’s something wrong with the way we think. And while that is there, everything we do will be a...
World Economic Collapse Explained In 3 Minutes

World Economic Collapse Explained In 3 Minutes

A classic, funny skit showing how economically interdependent nations have become, and what a horrific cascade of events happens when everyone tries to make a profit off of one another. …the banking system must continually expand – not necessarily because it is the right (or wrong) thing to do, but, rather, simply because that is how it was designed …the extremely wealthy are saving incredible amounts of money, while at the lower ends the savings rate is deeply negative. Why is this important? Because as the Greek philosopher Plutarch once stated, “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.” – Dr. Chris Martensen, taken from his Crash Course In The 3 Interconnected E’s: Economy, Energy,...