Neoliberalism is broken. The economic model of the last thirty years. It worked for a bit, dragged the bottom two thirds of the world’s population up the income scale dramatically, facilitated the tech revolution. But it’s stopped working.
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Today, in America right now, we only can think of growth in quantitative terms. And in a resource‐constrained environment, how frickin’ stupid is that? You’re actually imposing your own death sentence by not being able to get over the grip of this quantitative dynamic.
I think at a fundamental level I just believe in human agency. And I think that everyone should feel like they can participate and shape the economy, rather than feel like they’re experiencing symptoms of the economy. When the recession happened, there was all this chatter around well, the Fed is going to do this. Or the banks are going to do this. And government is going to do this. And there was no narrative around what people are going to do.
I like to think that we are an intelligent species. I mean, actually the people that often get this most quickly are the people who are poorest, because they know the system doesn’t work. But so many of our supposedly brightest people pick this up and don’t question it. And then we have the all the whole field of economics, which is an ideology built on assumptions that if you examine them are absurd. Because you know, economists simply look at the economy as a pricing system. They’re not system thinkers. Part of the cause our crisis is that we’re not educated to think in terms of systems.
What’s key…is that we all need to work together. There’s no way for all of us to know about each other. We’re in that part of this new way of being that there’s too many players. It’s too chaotic. There is no center, there is no hub. But we need to find ways to work together, and to lose the idea that any one of us is the solution. Because if any one of us were the solution, we wouldn’t be where we are now.