ABSTRACT
This chapter discusses that our society is broken, our economy is broken and the nature that supports us is breaking. It explains our social predicament, where equity and equality are declining, as is social capital. The chapter explores by looking briefly at our economic predicament. Many environmental scientists, ecological economists and other scholars believe the overarching drivers of overshoot are the endless growth myth, overpopulation and overconsumption. One of the best ways of reducing income differences and embedding greater equality into society is to increase economic democracy. The mantra of development, growth and ‘trickle down’ is thus not actually helping the poor. Someone is profiting from economic growth, but it is not the poor. The economy was thus always meant to serve society. This is no longer the case today. ‘Good’ economics should be good ‘management of the home’. Economic growth is an increase in the production and consumption of goods and services in the aggregate.
