Green economist Molly Scott Cato acknowledges the extraordinary advances that economic growth has brought. However, she insists that only by learning to flourish within limits can we hope to regain our sense of the good life.
In a wide-ranging discussion, Almantas Samalavicius and the philsopher Norman Lillegard consider the dangers of relativism, the crisis of education, pleonexia and the economic crisis, and whether literature should provide moral instruction.
Understanding the need to combine economics and ethics amounts to a “Copernican revolution”, says James Robertson, co-founder of the New Economics Foundation. The survival of our species depends on our making the money system work in ways that will “enable and conserve”.
Given the relation between economic production and ecological degradation, Joshua Farley is convinced that economic growth must stop. It is just a question of when. And whether cooperation will displace competition as the dominant concept in the economic paradigm.
The pursuit of happiness
The global debt crisis is encouraging economists and others to explore alternative ways of measuring national wealth and productivity. In conversation with Almantas Samalavicius, the economist Mark Anielski discusses the possibility of an economic system based on wellbeing rather than unlimited growth.