By Riane Eisler for the Huffington Post
This is the time formeasures. We cannot fix the economy based on measures such as GDP that look at our world through a rearview mirror.
Co-authored with Natalie Cox, Coordinator of the Center’s Caring Economy Campaign
Pundits tell us that Republicans just took over Congress because of popular discontent with our economy. Exit polls showed that 45% of voters said “the economy” was their most important issue, and Republicans promised to “fix the economy.”
But how can we really fix the economy? A brand new set of economic measures called Social Wealth Economic Indicators (SWEIs) point the way to solutions that go far beyond what most politicians tell us we need.
Republicans advocate austerity – even though it’s clear austerity has impeded Europe’s economic recovery. Democrats talk about restoring manufacturing jobs – even though these are shrinking as fast as Alice did in Wonderland after she drank from the wrong bottle. According to the U.S. Bureau of Labor Statistics, job growth in the next decade will be centered in the knowledge-service industries such as health care and social assistance, education, and financial services. By 2022, the number of jobs in manufacturing is projected to plummet, largely due to automation and robotics.
Read the entire Huffington Post article here.
Leave a Reply