"It is a time of breakdown but the good news is that breakdowns lead to breakthroughs. We have survived thorough history by learning and adapting. Human beings are enormously creative. We are capable of rapid mobilisation, as World War 2 showed. "The trouble is that political and corporate leaders appear wedded to ideologies that have not worked and they don’t see that whole system change is needed. Continuous growth defies common sense when we’re already consuming 30% more than the earth can provide and population may rise from 7bn to 10bn by the end of the century. They also think short term and fight with each other rather than collaborating.
"We know what needs to be done. We need total system change. A vision of a better way of life will inspire and bring hope to everyone. We need a Great Transition (as proposed by the New Economics Foundation). We need to find a new Prosperity - without growth (explored by Tim Jackson in his book of that title). Such a transition offers massive work opportunities, a better balance of work and leisure and better health for all. It can be achieved through fairer, sustainable taxation; tackling corporate tax evasion; principled foreign policies; investment in conflict resolution to save lives and release the vast sums spent on war; providing funds for green investment; and shifting subsidies from industries that accelerate climate change and harm lives to those that are sustainable. Comprehensive monetary reform is needed giving reserve banks the sole right to issue money. A citizen’s income, partly funded by land value taxation, can reduce the humiliation and cost of administering complex benefits.
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