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Economy Of Permanence And Rethinking Value

May 24, 2014, 4 smiles “Nature enlists and ensures the co-operation of all its units, each working for itself and in the process helping other units to get along their own too -- the mobile helping the immobile, and the sentient the insentient. Thus all nature is dovetailed together in a common cause. Nothing exists for itself. When this works out harmoniously and violence does not break the chain, we have an economy of permanence.” – J.C.Kumarappa Over the last three decades there has been an upsurge of technological innovations, and business models, aimed at making production systems more ‘sustainable’. However, innovations within the existing model of economy are not enough. The multiple crises of the 21st century cannot be addressed without radical departures from the prevailing understanding of ‘economy’ which is fundamentally alienated from the biosphere and nature’s economy. Therefore the concept of an ‘economy of permanence’ is central to our quest for radical departures ... Read Full Story