Posts written by Fiona

I live in Oxford, a member of Oxford local meeting. I have been reading about economics and related topics for several years with a group of Quaker Ffriends, and arranged several film evenings in our Meeting to get a shared understanding of some of the issues. Other things: I live in a house that we recently eco-renovated, practice permaculture and am working with others to develop co-housing in Oxford.

Developing a Quaker view on Money

Four people from Oxford and Abingdon met on Friday 19 November to discuss Money. Thanks to those on this blog who have highlighted the importance of money both in causing the problems in the current debt-based and growth-obsessed system and as a key to changing it. This summary is my interpretation of our discussion. I [...]

Why is growth fundamental to capitalist economies?

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I’ve been intrigued to discover that growth is a structural necessity in our current economy, for social stability ie to avoid unemployment. Growth can sound like a good thing – particularly in the neo-classical paradigm of “more is better”.  But GDP growth is not an imperative for our leaders because it makes us better off. [...]

What is the problem with the current system?

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One question I have is how did the financial markets managed to destabilise entire economies during the credit crunch. This is important as nothing fundamental has changed as a result of the credit crunch so we are surely vulnerable to a repeat. I have tried to understand this from Tim Jackson’s SDC report “Prosperity Without [...]