First portuguese political party to speak about unsustainability of infinite growth

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Carlos P
Status: Bronze Member (Offline)
Joined: Jan 26 2009
Posts: 34
First portuguese political party to speak about unsustainability of infinite growth

Finally a Portuguese political party is speaking about the unsustainability of today´s economic  and monetary system based on infinite growth.

Unfortunately it´s a very small party (Party for Animals and Nature) and they probably won´t even  elected a single representative in the next elections for the European Parliament, but it is a step in the right direction. At least they can count with my vote.

Just thought I should share this here because Chris was the first to truly open my eyes to a lot of stuff back when to economy/markets crashed in 2008/2009.

I think the guy must be a reader of PP, because the message is pretty much the same

Here is the link to the website:

Here is the translation it the help of google:

“Last week a group of 70 personalities of the Portuguese public life presented a controversial block of measures aimed at debt restructuring and nicknamed in the Manifesto of 70 .

However , I have no great doubt that it is an illusion that its signatories indulge . Illusion, not because of the need to restructure debt - this is evident and urgent - or by the nature of the proposed measures - these are interesting and relevant - but because they continue to bet on the utopia of indefinite economic growth.

Such phrases as " No strategy for combating the crisis cannot succeed  without reconciling the answer to the question of debt with the realization of a robust process of economic growth ," which opens the manifest , repeated nine times over the little more 2,000 words of text. It is clear to me that the debt has to be restructured ( or even not paid - that there is ethical to subject a population to penury to pay a debt to banks that produce money from nothing ? ) ; if you had any more evidence , suffice I would look at the state of the country . However , for what to restructure the debt if we fall back on the fallacy of economic growth and competitiveness , elements of social organization that do not promote the welfare of the people , nor the protection of the ecosystems where they live.

The crisis is not Portuguese , it is systemic and is not financial , it ecosocial . Systemic because it assumes planetary boundaries ; eco collapse because of the announced results of the physical structure of the planet before the excessive consumption of industrialized societies fueled by absurd economic growth ad infinitum - the use of fossil fuels is becoming more expensive and polluting , pollution continues to increase , climate change are already showing their consequences and social inequalities continue to worsen ; and social , because it results from inadequate economic structural organizations that encourage speculation , consumerism and the creation of money from nothing by contracting debt by all economic sectors (public , corporate and private) of modern society.

The alternatives to the continued growth of the economy are not an unattainable chimera. “Degrowth”, resource based economy , economy biomimetics - the proposals are diverse and varied. However, as imply a restructuring that goes far beyond debt and its payment periods and interest rates , are hardly presented as alternatives because they are not even truly understood the essence . How can one speak of “degrowth” , at a time when the purchasing power of the Portuguese has decreased dramatically ? What are these resources in which the economy must be based ? And what means a biomimetics economy?

Talking of degrowth , more than possible it is desirable.

First because not all Portuguese see their standard of living reduced - some by way of increasing inequalities in the distribution of goods and wealth, have taken advantage of this moment of crisis to , through speculation , line their pockets at the expense of the misery of many - talk degrowth is simultaneously talking about a fairer distribution of wealth .

Second because declining consumption does not necessarily mean decreasing quality of life. It does mean to better appreciate the intangibles of community and sharing and awareness of the difference between the great and desirable. The resource-based economy based on the idea of equitable distribution of resources for all citizens of the planet and the development of useful and enduring technologies that liberate people from inhumane working hours which prevent the full realization of other dimensions of our species as, for example, affective.

Biomimetics economy sees economic processes such as metabolism of companies and is based on the design of sustainable production and consumption in inspired processes in living systems . In these systems there is no waste , the waste of one phase of the metabolic cycle of the ecosystem is the use of another phase of the overall cycle.

The set of these three economic outlook recognizes simultaneously three fundamental steps need to be taken alongside any debt restructuring :

1 - promote degrowth of hiperconsumerist  life styles that deplete the planet's resources and promote the growth of consumption , conscious and frugal, processed products based on green technologies ;

2 - recognize the need for indexing the economy to the natural resources available and not act as if they were inexhaustible and ecosystems without end and a sink

3 - promote the development of an industrial economy that mimics the natural processes of transformation leaving no room to excessive resource consumption or to overproduction of waste . Alongside all these aspects , there is a need to undertake a restructuring of the financial system enabling the return of power associated with the production of money to the states and remove banking and its speculators

The Manifesto of the 70 presents a set of good measures . When compared with the proposals of the Troika triumvirate supported by the two ruling parties , the Manifesto shows up as a viable and relevant solution. I fully endorse the idea conveyed that " no strategy to combat the crisis can not reconcile succeed if the answer to the question of debt. " The mistake is to devise any strategy aimed at restoring having the misconception that put us where we are with regard to the economy but also to society and nature : the paradigm of infinite economic growth. Restructure the debt with the ultimate renewed economic growth end without a thorough reform of the financial system and policies and modes of production and consumption , is to build a house starting with the roof ."

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