Last week I established why we're at the end of economic growth as we know it. With that comes the end of Wall Street as we know it. The protests going on now may hasten that end, but the end is inevitable one way or another.
But should anything replace it, and if so, what? That's the question we need to be asking. What would the economy be like? How would it function? What would differentiate a post-growth, post-Wall Street economy from the one we have today? While I have ideas of my own on this, as I'm sure you do, I wanted to turn to someone who's been doing a lot of hard thinking about this for many decades: Herman Daly.