When the going gets tough, the tough build a new economy

Econ4’s Gar Alperovitz on building the new economy from the bottom up:

Deepening economic and social pain are producing the kinds of conditions from which various new forms of democratization—of ownership, wealth and institutions—are beginning to emerge. The challenge is to develop a broad strategy that not only ends the downward spiral but also gives rise to something different: steadily changing who actually owns the system, beginning at the bottom and working up.

Read more here.

Why GDP fails to measure economic well-being

A primer on the defects of GDP as a measure of economic well-being, from Econ4’s James Boyce:

Source: The Real News Network.

Colbert: United Against Them

Stephen Colbert finds common ground between liberals and conservatives: blame immigrants for climate change.

Robert F. Kennedy versus GDP

Hear Robert F. Kennedy’s words, just as compelling today as when they were spoken shortly before his assassination in 1968:

Source: http://www.youtube.com/watch?v=77IdKFqXbUY

The High Price of Materialism

A new video from the Center for a New American Dream.

Source: http://www.newdream.org/resources/high-price-of-materialism

Crises of Capitalism