The Green Economy • A Historical Transition: …from Quantity to Quality • A Question of Potentials …not simply limits • Key to Sustainability: Redefining Wealth Principles of a Green Economy 1. The Primacy of Human Need, Service, Use-value, Intrinsic Value & Quality 2. Following Natural Flows 3. Waste Equals Food 4. Elegance and Multifunctionality 5. Appropriate Scale / Linked Scale 6. Diversity 7. Self-Reliance, Self-Organization, Self-Design 8. Participation & Direct Democracy 9. Human Creativity and Development 10. The Strategic role of the Built-environment, the Landscape & Spatial Design 3-D’s of Green Development • Dematerialization • Detoxification • Decentralization Industrialism: The Divided Economy Invisible Use-value “Consumption” People Unpaid Women Informal Private Visible Exchange-value “Production” Things Paid Men Formal Public 2 Invisible Economy (1) Total Productive System of an Industrial Society (layer cake with icing) GNP-Monetized ½ of Cake Top two layers GNP “Private” Sector “Private” Sector “Public”Sector “underground economy Non-Monetized Productive ½ of Cake Lower two layers All rights reserved. “Love Economy” Mother Nature Rests on GNP “Public” Sector Rests on Social Cooperative Love Economy Rests on Nature’s Layer Copyright© 1982 Hazel Henderson Invisible Economy (2) Basics of a Green Economy 1. The Service Economy “Hot Showers and Cold Beer” Nutrition, Illumination, Entertainment, Access, Shelter, Community, etc. 2. The “Lake Economy” Flowing with nature, Every output an input, Closed-loop organization, Let nature do the work The Economy in Loops Industrialism: Accumulation • Production-for-production’s-sake • Invisibility of key factors • Centralization of production, massive upfront investment • Focus on labour productivity : resources substitute for human energy • Cog-labour: humans as component parts • Regulation: controls as limits • Scarcity-based: role of waste since WWII • Globalization: free trade & intellectual property Postindustrialism: Regeneration • New relationship of culture to economics: centrality of human development • Substitution of human creativity for resources • Direct targeting of human need: conscious consumption • Human-scale technologies: production ‘distributed’ over the landscape ; Integration: ALL places are places of production • Qualitative Wealth is PLACE-BASED • Distributed regulation: incentives for positive action throughout economy. • Self-reliance / interdependence: “Trade recipes, not cookies” Value Revolution & Market Transformation • Values-driven business BALLE, GET • Green/social Evaluation LCA, Eco-footprints, Community Indicators • Green/social Certification LEED bldg., FSC wood, LFP food • Transformative /collective consumerism Corporate Strategies • Corporations as financial, not production, entities • Structural problems: the ‘bottom line’ • documentary: The Corporation • Need to change corporate DNA • Need for outside help: regulation (EPR), new enterprises networks, certification • The Stakeholder Corporation & democracy Community / Small Business • The realm of cutting-edge alternatives in almost every sector • Need for new & stronger networks • Local market power based on solid knowledge • Import substitution • Regenerative finance • Necessity of empowering all sections of the community • Community development Plans & Indicators Social Change Today • Strategic priority of ALTERNATIVES over opposition. • Community as the key locus for change, but every level requires action • Need for long-term VISION • Need for incremental change and PIONEER ENTERPRISES in ecological economic succession. • Need for incentives/disincentives thoughout the entire economy.