FINANCE FOR A REGENERATIVE WORLD | JOHN FULLERTON

“I would remind you…that Socrates was executed not for his megalomania or grandiose propositions or certitudes, but for stubbornly doubting the absolute truths of others.” — John Raulston Saul

While central banks pulled out all the stops to protect the banking system, society’s tepid response to the 2008 financial crisis—both during and after—was a missed opportunity of massive proportions. We can now say, without being accused of hyperbole, that the power of finance ideology comes close to controlling human destiny and the planet’s. Fully aware as we are of Raulston Saul’s cautionary words to those who dare doubt “absolute truths”, this paper calls into fundamental question the finance ideology that now dominates our lives, and advances in its stead a radical alternative that addresses our mounting and multiple 21st Century crises. Read More

Behind Global System Collapse: The Life-Blind Structure of Economic Rationality | Prof John McMurtry

This study examines the system-deciding principle of economic rationality for its logical soundness and effects in global practice. Analysis demonstrates the fallacious structure of the underlying assumptions of homo economicus across theories and institutions, and explains how cumulative destruction of global economic, social, and ecological life systems follows from its life-blind mechanism. Higher-order concepts of life-capital, life-value efficiency, and life-good supply and demand are then defined to bring economic rationality into coherence with terrestrial and human life requirements. Read More

‘Homo Economicus’ Must Die | Nick Hanauer

Nick Hanauer’s rousing speech on the lies on which neoliberalism is built.

This piece is adapted from a speech delivered September 30th at MIT, where Nick Hanauer won the 2018 Harvard and MIT Humanist of the Year award. Read more about the award, as well as Editor Michael Tomasky’s Q&A with Hanauer. Read More

Life Capital: The Unseen Unifying / Bridging Alternative — Project Sanity | Prof John McMurtry

Excerpt reproduced from: https://projectsanity.online/life-capital/ The primary act is the act of understanding. — Dr. John McMurtry, Author: The Cancer Stage of Capitalism: From Crisis to Cure “Sanity means health in its etymology and its current use, applied to the mind, the healthy mind. What is most of all needed for the healthy mind of society is… Read More

Collective Life Capital: The Lost Ground of the Economy | Professor John McMurtry | The World Financial Review

Reproduced from: http://www.worldfinancialreview.com/?p=4270 Collective Life Capital: The Lost Ground of the Economy July 30, 2015 • GLOBAL ECONOMY, EMERGING TRENDS, CRITICAL ANALYSIS, SPECIAL FEATURES, Capitalism in the 21st Century, In-depth, Unprotected Post, World Development By John McMurtry In this analysis, the author definitively explains collective life capital as the missing base of the economy under systemic… Read More

“Biology of Language: The Epistemology of Reality” by Humberto R. Maturana (1978)

Reproduced from: https://pdfs.semanticscholar.org/9409/7d89173928e11fc20f851cf05c9138cbfbb3.pdf Biology of Language: The Epistemology of Reality Humberto R. Maturana (1978) I am not a linguist, I am a biologist. Therefore, I shall speak about language as a biologist, and address myself to two basic biological questions, namely: What processes must take place in an organism for it to establish a linguistic domain… Read More

“On Why Knowledge is NOT Knowledge IF it is NOT LIFE-COHERENT” by Prof John McMurtry

But knowledge is not knowledge if it is not life coherent. To be life coherent, it must speak to the felt side of being, of which emotions are key, or it is inconsistent and life-blind. But emotions alone mislead us all over the place unless they are moored in life coherent action too – mainly with words that distinguish… Read More

“The Social Immune System” by Prof John McMurtry

3. See the tracking of the pattern McMurtry, John. The Cancer Stage of Capitalism: From Crisis to Cure . Pluto Press. Kindle Edition. The following is extracted from McMurtry, John. The Cancer Stage of Capitalism: From Crisis to Cure. Pluto Press. Kindle Edition where the concept of the “The Social Immune System” is introduced. “THE SOCIAL IMMUNE… Read More

Global System Collapse: Genes and “Human Nature” Are Not the Cause of “World Chaos” by Professor John McMurtry

Reproduced from: https://www.globalresearch.ca/global-system-collapse-genes-and-human-nature-are-not-the-cause-of-world-chaos/5653137 Global System Collapse: Genes and “Human Nature” Are Not the Cause of “World Chaos” By Prof. John McMurtry Global Research, September 06, 2018 Author’s Note: The text of this article has been drawn from an online debate at Science for Peace, Department of Physics, University of Toronto, September 2018 There is a popular… Read More