Five postulates and one fundamental


One, the economy is to serve the people and not the people to serve the economy.

Two, development is about people and not about objects.

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

Four, no economy is possible in the absence of ecosystem services.

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

And the fundamental value to sustain a new economy should be that no economic interest, under no circumstance, can be above the reverence of life.

Can we compare this to the Economics out of Hell we now swear by?

Manfred Max-Neef
Right Livelihood Award in 1983
Outside Looking In: Experiences in Barefoot Economics
Economics Unmasked

“Underdeveloping”
California Dreaming [1] [2]

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