Hi Chooch
I'm familiar with the official guff regarding sustainable development but they are plain ignoring the evidence of environmental crisis that surrounds us. And whilst it is true that competition, resource scarcity, environmental costs and pressure from campaigners is forcing markets to adjust and produce more using less resources, this still does not get round the fundamental requirement of capitalism for CONTINUOUS growth caused by debt based finance. And continuous growth is unsustainable, hence the title of Porritt's book is an oxymoron
This
book is an excellent explanation as well as blueprint for the alternative.
From the intro....
It is not widely known that almost all the money we use comes into existence, not by governments creating it, but as a result of a bank agreeing to make a loan to a customer at interest. Only about 3%—the notes and coins—is government-made. The other 97% comes into existence as a debt owed by a customer to a bank. We cite authorities such as James Robertson, Richard Douthwaite and Michael Rowbotham to show that
the effect of this is that our economies have to grow in order to avoid financial collapse. The debt-money system is thus the driving force behind the Global Monetocracy. The risk of collapse forces governments to give priority to policies that serve the money growth imperative; and in turn, these policies produce the unjust and unsustainable form of globalisation that we have today.
This article on the
History of Money is a good introduction as to how we ended up with a debt-based money system that serves bankers and not people.
And whilst articles like this
one are close to the mark, they plain ignore the actual history of banking and the fact that banking (and hence capitalism) is actually run by corporate gangsters in suits who are accountable to no one. Understand banking and the unsustainability and criminality of capitalism becomes evident (without the need to get us all to sign up to the SWP)