The Economy of an Ecological Society Will Be at the Service of Humanity
Date Written: 20/08/2017
Year Published: 2017
Resource Type: Article
Cx Number: CX21260
What would a truly just, equal and ecologically sustainable future look like? Why would it require a change in our economic system, namely the end of capitalism? Fred Magdoff and Chris Williams answer these questions in Creating an Ecological Society: Toward a Revolutionary Transformation.
Mark Karlin: In summary, what would an ecological society look like to you?
Fred Magdoff: We know an incredible amount about how to use ecologically sound ways to produce what we need for a good life. Although we will learn even more as time goes on, we already know such things as how to grow high yields of food and how to create healthy soils using ecologically sound practices (without synthetic pesticides and fertilizers) and how to produce cleaner energy using renewable sources and how to store energy from intermittent sources such as wind and solar. We know how to build appropriate and flexible-use structures (making for easy repurposing), how to better recycle human wastes uncontaminated with industrial pollutants back to farmland and to raise farm animals humanely, how to harvest ocean fish sustainably and how to use aquifers sustainably.
Under capitalism, people are at the service of the economy, as workers and consumers of goods and services. In contrast, the economy of an ecological society will be at the service of humanity and its needs, which of course includes a biodiverse and clean environment with fully functioning natural flows and cycles. Instead of [being based on] the profit motive, decisions made about production and consumption of material goods will place emphasis on having positive effects on humans and the health of the broader environment.