Economics

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Tue, 2011-08-30 10:17 — mdmcdonald

This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

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Corey Watts	david hastings	Elhadj Drame	John Girard	Kathy Gilbeaux	LintonWells
Maeryn Obley	mdmcdonald	Samuel Bendett

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economics@m.resiliencesystem.org

Stocks Follow Oil Lower on Reserve Talks

Sat, 2012-03-31 00:52 — Kathy Gilbeaux

A man refuels his car as gas prices are reflected into the windows of the United Oil gas station in Los Angeles, California March 24, 2012. REUTERS/Bret Hartman

Reuters - by Rodrigo Campos - March 28, 2012

(Reuters) - Oil prices fell on Wednesday as the U.S. and some European governments mulled the release of strategic oil reserves, while commodity-related shares weighed on global equities.

U.S. stocks closed weaker, though far from the day's lows, in the wake of economic data that was slightly below expectations.

France, the United States and Britain are in talks about the possible release of strategic oil stocks to help push fuel prices lower, French ministers said, only weeks ahead of the country's presidential election. Purchasing power is among voters' top concerns.

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The Third Industrial Revolution: How the Internet, Green Electricity, and 3-D Printing Are Ushering in a Sustainable Era of Distributed Capitalism

Fri, 2012-03-30 23:00 — Kathy Gilbeaux

by Jeremy Rifkin - huffingtonpost.com - March 28, 2012

The great economic revolutions in history occur when new communication technologies converge with new energy systems. New energy revolutions make possible more expansive and integrated trade. Accompanying communication revolutions manage the new complex commercial activities made possible by the new energy flows.

Today, Internet technology and renewable energies are beginning to merge to create a new infrastructure for a Third Industrial Revolution (TIR) that will change the way power is distributed in the 21st century.

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New Industry Commitments to Give 15 Million Households Tools to Shrink Their Energy Bills

Mon, 2012-03-26 23:08 — Kathy Gilbeaux

submitted by Gavin Starks

EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF SCIENCE AND TECHNOLOGY POLICY
COUNCIL ON ENVIRONMENTAL QUALITY
WASHINGTON, D.C.

FOR IMMEDIATE RELEASE: March 22, 2012

New Industry Commitments to Give 15 Million Households Tools to Shrink Their Energy Bills

Washington, D.C. -- Responding to President Obama’s call for an “all-of-the-above” strategy to help consumers reduce their energy costs, the Administration announced today that nine major utilities and electricity suppliers will commit to providing more than 15 million households access to data about their own energy use with a simple click of an online “Green Button.” By providing consumers with secure, easy-to-understand information about how they are using energy in their households, Green Button can help them reduce waste and shrink bills.

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California creates new corporation types that reward doing good

Tue, 2011-11-01 03:31 — JRees

By: Kyle Westaway

Even as Wall Street is being occupied and corporations are reviled, there is a revolution quietly raging across the country that empowers corporations to be a strong force for good. This week, California joined that revolution when Governor Jerry Brown created two new classes of corporations for businesses that seek to pursue both profit and purpose: Benefit Corporations and Flexible Purpose Corporations.

These new legal structures are revolutionary in two ways. First, they broaden the duty of a company beyond maximizing shareholder value to include maximizing stakeholder value, such as operating the business in an environmental and social responsible manner. Second, they increase transparency and accountability.

Though it is the first state to pass the Flexible Purpose Corporation type, California is the sixth state to approve the Benefit Corporation classification.

Here is a look at exactly what Benefit Corporations and Flexible Purpose Corporations are, and what they could mean for your company.

What is a Benefit Corporation?

The Benefit Corporation is a new class of corporation that allows companies to pursue profit as well as a strong social and environmental mission.

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Jeremy Rifkin: The Third Industrial Revolution: Toward a New Economic Paradigm

Tue, 2011-09-27 09:28 — mdmcdonald

Our industrial civilization is at a crossroads. Oil and the other fossil fuel energies that make up the industrial way of life are sunsetting, and the technologies made from and propelled by these energies are antiquated. The entire industrial infrastructure built off of fossil fuels is aging and in disrepair. The result is that unemployment is rising to dangerous levels all over the world. Governments, businesses and consumers are awash in debt and living standards are plummeting everywhere. A record one billion human beings--nearly one seventh of the human race--face hunger and starvation.

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The Economics of Rapidly Emerging Cities

Wed, 2011-08-31 08:25 — mdmcdonald

As the human populations of our small planet exceeds 7 billion on its way potentially to 9 million or 10 billion by the mid-21st Century, migrations of millions are becoming common place -- some out of desperation, others out of seeking opportunity and a better life. According to a large percentage of climatologists and other scientists that are studying global change, the social ecologies of many large cities will become non-viable for their human populations and many other species due to climate change, the drying up of water supplies, the lose of food sources, natural disasters, wars, and other factors. In other cases, new cities of opportunity or attractive culture will draws those seeking a better life and way of being.

Tens of millions, and perhaps hundreds of millions will be forced to leave their homes in search of more viable communities. Millions more will create new communities with intentionality, exploring new economic, social, and political models that improve health, human security, resilience and sustainability for the new citizens. In some cases, simple shared principles will shape new, fast growing economies, and, in other cases, rules and conditions will be imposed on inhabitants of new communities and cities.

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When Capitalism Converges With Resilience

Tue, 2011-08-30 12:08 — mdmcdonald

It is hard to argue against that fact that the U.S. and even "Communist" China, for that matter, have great influence in global markets and on health and human security -- for their own people as well as human populations world-wide. The power of capital within global, regional, national, and local markets has been transforming the world since the growth of the industrial revolution, which has only accelerated since the broad introduction of global communication and computing in the 20th century. That said, there has been growing criticism of the destructive nature of market fundamentalism and laissez faire economics in the face of a growing awareness of ecosystem carrying capacities, and the problems inherent in growth economies in decline. So what happens when capitalists become aware of the destructive nature of growth economies, where populations are exceeding the carrying capacities of ecosystems and mass consumption economies begin to collapse?

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