Governing on the Downslope of Collapse

Karl FitzgeraldTrue Cost EconomicsLeave a Comment

Paul Meleng In the era that is now past, the Lucky country of Oz and the amazing USA grew on the back of free (or stolen) land and resources and a booming supply of energy. There was always something new for governments to give away or announce. “New” land and frontiers gave the brave an alternative to low wage slavery. We might … Read More

Introducing …. Earthsharing Canada

Karl FitzgeraldTrue Cost EconomicsLeave a Comment

Our good friend Frank de Jong has set up Earthsharing Canada. Check the new look website where you can read Frank’s erudite writings like: Untax Business, Uptax Nature By Frank de Jong Well, the federal political parties are saber rattling again, threatening an election over the corporate tax cuts which will be in the upcoming budget. The Conservatives are sticking … Read More

Earth Based Economics

Karl FitzgeraldCommentary, True Cost EconomicsLeave a Comment

“When capitalism started, nature was abundant and capital was scarce; it thus made sense to reward capital above all else. Today we’re awash in capital and literally running out of nature”, Peter Barnes, Capitalism 3.0 “A commons arises whenever a given community decides that it wishes to manage a resource in a collective manner, with special regard for equitable access, … Read More

Stiglitz on America’s Economic Dystopia

Karl FitzgeraldTrue Cost Economics5 Comments

Today I had the pleasure of seeing Professor Joseph Stiglitz speak on the topic of From Measuring Production to Measuring Well-Being, courtesy of the Economic Society of Australia. I became a fan of his following his timely defection from the World Bank as outlined in Greg Palast’s The Globalizer Who Came in from the Cold. I read this article in … Read More