By Juliet Schor Published June 2, 2010 5:00 p.m.
“Business-as-usual economics relies on stimulating GNP to solve virtually all problems. But GNP is increasingly de-linked from the well-being of most Americans. Since the mid 1970s, it has diverged from most social well-being indicators. So even if GNP does continue to grow, and the recession is officially declared over, the implications for most households are different from in the past."
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About Juliet Schor | Juliet Schor’s new book Plenitude: The New Economics of True Wealth, is a breakthrough statement on economics and ecology. She describes how individuals can participate in an emerging small-scale decentralized economy that harnesses new technologies and entrepreneurial energy while meeting people’s needs for livelihood. Schor counsels investing in neglected sources of wealth, such as time, creativity and connection, and divesting from the failing activities and paradigms we’ve gotten trapped in.
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