Plenitude: The New Economics of True Wealth
In Plenitude, economist and bestselling author Juliet Schor offers a groundbreaking statement about the economics and sociology of ecological decline, suggesting a radical change in how we think about consumer goods, value, and ways to live. Humans are degrading the planet far faster than they are regenerating it. As we travel along this shutdown path, food, energy, transport, and consumer goods are becoming increasingly expensive. The economic downturn that has accompanied the ecological crisis has led to another type of scarcity: incomes, jobs, and credit are also in short supply. Our usual way back to growth -- a debt-financed consumer boom -- is no longer an option that our households, or planet, can afford. Responding to our current predicament, Plenitude puts the need for sustainability at its core, but it is not a paradigm of sacrifice. Instead, it's an argument that, through a major shift to new sources of wealth, green technologies, and different ways of living, individuals and countries as a whole can be better off and more economically secure. Based on recent developments in economic theory, social analysis, and ecological design, as well as evidence from the cutting-edge people and places putting these ideas into practice, Plenitude is a road map for the next two decades. In encouraging us to value our gifts -- nature, community, intelligence, and time -- Schor offers the opportunity to participate in creating a world of wealth and well-being.