ABSTRACT

A green economy is about more than “treading lightly on the earth.” It ultimately requires a new ecological macroeconomic model that accurately reflects the real economy’s structure, takes full account of the ecological and resource constraints at the national scale, and incorporates a “consistent description of the financial economy.” Adopting the model would mean changing the nature of enterprise, the purpose and structure of work, the structure of investments, and the operation of our debt-based money and finance systems, with a focus on work at the community level. Elements of the new system, they write, already exist in places like farmers’ markets, cooperatives, and even library systems.