The Bright and the Dark side of Economics
I appreciate David Korten’s call for a new vision of economic life (see New Economy Network). I also agree with him that many groups around the world are putting such a vision into practice. The question I have been asking is what is preventing us from moving in the right direction.Korten suggests it is deception, which I also agree with. But what does the deception hide. I think it hides the misery of the many who are suffering from this economy–not only in the United States, but globally. I call our current economic practice an economics of dissociation where the misery of those who suffer from our economic “progress” is split off from consciousness. This allows us to entertain a certain optimism about market dynamics. If that is the case, then we need to not only have a vision, but also a clear acknowledgement of the harm our economic practices bring to others and to the planet, We need a way to bring together the bright and the dark side of economics.