Saturday, February 14, 2009

MAXIMUM WELL-BEING WITH A MINIMUM OF CONSUMPTION

Wendell Berry has been prophesying needed economic changes for years

“In the Great Economy ALL transactions count and the account is never closed, the ideal changes. We see that we cannot AFFORD maximum profit or power with minimum responsibility because, in the Great Economy, the loser’s losses finally afflict the winner. Now the ideal must be ‘the maximum of well-being with the minimum of consumption,’ which both defines and requires neighborly love. Competitiveness cannot be the ruling principle, for the Great Economy is not a ‘side’ that we can join nor are there such ‘sides’ within it. Thus, it is not the ‘sum of its parts’ but a MEMBERSHIP of parts inextricably joined to each other, indebted to each other, receiving significance and worth from each other and from the whole.”

– Wendell Berry in Home Economics: Fourteen Essays

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