If you didn’t catch this panel put on by Marketplace and BBC, it’s pretty exciting.
It takes the expert panel only about 10 minutes (2:00 to 12:40) to get to crucial points FPR folks have been making for years: We have to give up the myth of endless economic expansion based on overconsumption and focus on sustainability, and banks have to know their clients and take long-term responsibility for the services they render them.
A Republican Party willing to take up both of these points, while jettisoning the “party line” on divisive social issues, and abandoning neocon military adventures, would be well worth supporting.
Thanks for bringing this to my attention. I didn’t learn much that was new but I found it encouraging to hear a big bank executive speak of the need for sustainability.
If this video had a drawback, it would be the mindless chatter and interuptions of the ‘moderators.’ “Quickly,”, I heard one of them say, sotto voce, to a man speaking in the measured tones of real thought. Must have sounded foreign and very slow to the BBC people.
Of course no one was willing to go so far as to suggest that we may have to accept a lower “standard of living” in order to wean ourselves from consumption-driven hyper-growth. Maybe our slogan ought to be “higher standards for living.”
As would a Democratic Party, Ms. Jenkins.
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