“We are in trouble because modern economic theory and the practice of finance especially . . . remain dangerously grounded in an outdated mechanistic worldview that fails to reflect the reality of the more accurate living-systems worldview.” (John Fullerton)
Demotic Moments
Democracy is, by nature, a work in progress, and Western history has had very few occurrences when the “demos” became a politically self-conscious actor. What do these moments teach us?
Get Savvy with Systems
If supply and demand equilibrium were an economic “law,” the 1929 and 2008 financial crises would not have occurred. Rather than ready-made theories, economics needs the practical background provided by systems thinking.
See the Big Picture
“All the world’s a stage,” said Shakespeare. Along with new roles for Market and State, the 21st-century economics play needs new characters on stage, such as Household, Commons, Society, and Earth.
The New World of Terror
The war on terror was supposed to signal the dawn of a new world era. What does its “New-World” mythology rest upon, and how do we, the people, come to accept fear as the principle of political power?