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Shrinking the Giant Hamster

Shrinking the Giant Hamster. How we can all be better off without Growth Simon Tytherleigh Sustainable Bradninch. APOCALYPSE. “It has taken all of human history for the economy to reach the size it is now. On current form it will take just two decades to double.”

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Shrinking the Giant Hamster

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  1. Shrinking the Giant Hamster How we can all be better off without Growth Simon Tytherleigh Sustainable Bradninch

  2. APOCALYPSE

  3. “It has taken all of human history for the economy to reach the size it is now. On current form it will take just two decades to double.” New Scientist 18th October 2008

  4. 97% lent to us by private banks 3% issued by the Bank of England

  5. 'The End of Growth' The crash was foreseen by many The global economy has broken External factors are preventing growth High debt levels are unsustainable Austerity and kick-starting are both failing The banking system is broken The stock market rise is a mirage Household debt is very high The housing market remains unaffordable for most, except by taking out huge mortgages The Eurozone crisis has not gone away, and the US has not solved its problems

  6. What would you put in a new system? • Operate within planetary limits • Fairness for all • Allowing growth where necessary • Imposing contraction where necessary • Enabling people to flourish

  7. Redefining Prosperity • The capability to flourish within limits set by nature and population • Family and community networks • The ability to achieve personal goals • The potential to participate in society

  8. Money system reforms Change the way money is created Financial transaction tax New, better, separated banks Local banks, currencies, credit unions Criminalisation of banking offences Debt jubilee Measure well-being not GDP

  9. Tax reforms Land-value tax Tax 'bads' not 'goods' Remove income tax Plunder tax Inheritance tax Stop tax avoidance and tax havens

  10. Further reforms Wider planning horizons Resource restrictions Consumption restrictions Individual carbon allowance Reduction in working hours Minimum and maximum wage Endowment for young people

  11. The Cinderella economy

  12. ACT! An alliance for people, for the planet

  13. NGOS AND ACTIVISTS =HAPHAZARD UNCONNECTED ACTIVITY(JUST LIKE THEIR ISSUES TOO)

  14. What can you do? • Be an activist • Grow the 'core economy' • Spread the word • Move your money • Challenge the orthodoxy • Be the change!

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