The economy is to serve the people, not the people to serve the economy

“The economy is to serve the people, not the people to serve the economy — Manfred Max-Neef”

“Acclaimed economist Manfred Max-Neef, author of the award-winning book From the Outside Looking in: Experiences in ‘Barefoot Economics’ recently appeared in a must-see interview on Democracy Now where he says a second, more catastrophic crisis is unavoidable because our economic model is ‘dramatically poisonous.’ Max-Neef explains that ‘Greed is the dominant value today in the world and as long as that persists, we’re done!’ But he doesn’t just mean done economically, he means done as a species.”

~snip~

“When asked what he thinks needs to change, he replied: ‘Oh, almost everything! We act systematically against the evidences we have.’ He believes the economy will ‘catastrophically’ self-correct and a new model must emerge with principles to humanize the economy in balance with the biosphere. His five principles and values to develop a humanized economy are as follows:

“The economy is to serve the people, not the people to serve the economy.

“Development is about people, and not about objects.

“Growth is not the same as development, and development does not necessarily require growth.

“No economy is possible in the absence of ecosystem services.

“The economy is a subsystem of a larger finite system — the biosphere, hence permanent growth is impossible.

“The fundmental value that is needed to sustain this new economy is, ‘No economic interest, under any circumstances, can be more important than LIFE in all its manifestations.'”
‘Dramatically Poisonous’ Economy Heading to ‘Catastrophic’ Collapse, Says Acclaimed Economist, Activist Post, September 25, 2010

The economy is to serve the people, not the people to serve the economy — Manfred Max-Neef

I couldn’t agree more. Too bad FedEx doesn’t get that.

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