economicspaces

What distinguishes human economies is merely that they recognise that the chief business of any social system – or, indeed, of any system of the production and distribution of material goods – is the creation and mutual fashioning of human beings. Indeed, one could well argue that it’s only the emergence of commercial currencies that made it possib... See more

This post asserts something so seemingly obvious as to be unworthy of articulating. We all have bodies, and these billions of bodies make up the basis of what we call ‘the economy.’ The economy is not statistical numbers. The economy is not charts or acronyms like CPI, GDP, or the S&P. (No charts were used in the making of this post…we’ll save ... See more

Our economic system determines value and worth based upon quantities (usually monetary) rather than qualities (such as health of ecosystems and quality of life). Because economics is a highly abstract and decontextualized discipline it is unable to anticipate unpredictable systemic events such as economic breakdowns, or acknowledge the ecological l... See more