'Articles by Hazel Henderson'
USA Update: April 2015
By Hazel Henderson
Total nonfarm payroll employment rose by only 126,000 in March, lower than most forecasts, while downward revisions went from 295,000 to 264,00 in February. The 239,000 jobs reported in January was revised down to 201,000, while confirming the 329,000 jobs added in December. The unemployment rate stayed at 5.5% with 8.6 million people still looking to join the labor force. All these revisions and the low March figure could threaten the recovery. Wages were a brighter spot, with average hourly rates rising by 7¢ on private, non-farm payrolls. GDP increased at an estimated annual rate of 2.2% in the fourth quarter of 2014, 5% in the third quarter, after a 4.6% increase for Q2, good news after the 2.1% drop in GDP-growth for Q1. The USA [...]
US Congress Minority Leader Nancy Pelosi at a conference at the Brookings Institution lectured her audience of policy wonks. She chided slavish followers of Adam Smith’s Wealth of Nations(1776) who had never bothered to read his other book The Theory of Moral Sentiments (1759) which covers the rest of his description of human behavior: our altruistic impulses to help each other and our communities. Hillary Clinton and Elizabeth Warren take note!
How did Adam Smith’s earlier book get deep-sixed while his focus on competitive human behavior in markets became capitalism’s gospel of individual profit-maximizing? Clearly Smith’sWealth of Nations appealed to the animal spirits and ego needs of budding businesses, early swashbuckling stock markets, traders and merchant venturers [...]
Listen to the podcast
Hazel Henderson, “The Green Transition & Global Investment” on What Now Radio, Jan. 13, 2015
For more information: READ MORE HERE [...]
In the face of economic instability, the last thing we need is austerity. We need to consider creative solutions—like Jubilee, public banking policies, and currency reform—that take into account the complexity of the environment, the nature of money itself, and the possibility for social innovation.
The structural instabilities of laissez-faire, market-dominated societies became abundantly apparent during the widespread financial crises and debt-driven credit meltdown on wall street in 2008. Instead of addressing these instabilities at their root, however, many governments shredded safety nets, cut jobs, and imposed misguided “austerity” programs, justifying these measures by citing the controversial work of economists Carmen Reinhart and Kenneth Rogoff.
READ MORE [...]
By Hazel Henderson, 1996
This classic work is as relevant today as in 1996 as advertising has become a $500 billion global industry. As we continue to watch-dog advertising and marketing with the EthicMark(r) Awards for advertising, this chapter from Henderson's Building a Win-Win World illuminates the issues and the importance of advertising toward a sustainable economy.
Government by Mediocracy scan 1996 [...]