Wednesday, November 14, 2007

U.S. Economy: Recession,

“For Consumers, the Hits Keep Coming” a recent banner headline in a New York Times-owned daily newspaper here in Northern California reports. The article misses the main points. If we continue to understand ourselves as primarily passive consumers, rather than as active citizens, the US economy will enter at least a recession, probably a depression, and possibly a collapse. Even our republic is at risk.

Rampant consumption, our addiction to growth, and our failure to accept limits to growth damage us. The headline beneath the banner—“Cleanup Response Criticized”—reveals one of the saddest results. We are not adequately cleaning up the San Francisco Bay after a recent oil spill. Many other aspects of our environment need cleaning up. Without a healthy natural environment and climate conducive to humans, no economy can endure. Over-consumption drives the increasingly extreme and chaotic climate.

We have contaminated our air and waterways, clear-cut our forests, and our inner cities are dying. The pollution of such natural resources often preceeds economic and societal collapses.
I appreciate the Press Democrat for recently reporting the emerging economic trends in numerous articles. What I miss is more analysis, connecting the dots and providing context. The shrinking dollar, soaring gas prices, housing slump and stock market fall, though inconvenient, are not the biggest threats to the economy. These are symptoms caused by deeper systemic problems. We need to learn from these events and discover how to build more sustainable societies. Otherwise, these “hits” are likely to increase and spread.

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