Much of our political and economic fervor is a competition between Left vs. Right, and unfettered capitalism vs. governmental regulation. We must remember The Commons that belong to all of society.
Why the Economics of “Me” Can’t Replace the Economics of “We” (Link)
For more than two hundred years, mainstream thinking has regarded the market as the primary source of material “progress.” And indeed, to a large extent that’s been true. But yesterday is not forever. Today the market is approaching a point of diminishing returns – systemic diminishing returns. It is yielding less well-being per unit of output by practically any measure, and more problems instead: obesity instead of good health, congestion instead of mobility , time deficits instead of leisure, depression and stress instead of a sense of well-being, social fracture rather than cohesion, environmental degradation rather than improvement.
In place of wealth, the economic machinery increasingly turns…
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