[amazon-product align=”right”]1877762067[/amazon-product]Today, Dada Maheshvarananda meditates on the alternative economic model of Progressive Utilization Theory, or PROUT. Joe Romm of Climate Progress analyzes the climate resolve of the Obama Administration. Lisa Woll of the Social Investment Forumproposes an Office for Innovation in Corporate Social Responsibility to the Obama Administration. And auto and environment expert Jim Motavalli comments on the significance of President Obama’s executive order directing the EPA to reconsider its refusal to grant California a waiver allowing it to regulate greenhouse gases from autos.
As icecaps and global markets melt down, localism is rising up as a solution to our ecological and economic crises. United for a Fair Economy and Class Action, two national nonprofits based in Massachusetts that address the inequitable distribution of resources, are sponsoring a workshop entitled “Building a Local Economy that Works for All.” Today, we speak with Class Action Executive Director and United for a Fair Economy co-founder Felice Yeskel, and current United for a Fair Economy Board Chair Prakash Laufer about how the workshop weaves together economic, social, class, and environmental solutions to build a local sustainable economy. We at CWR have spoken with Felice in the past about her book, Economic Apartheid in America. Prakash is former CEO of Motherwear, a catalog company providing clothing for breastfeeding mothers that he co-founded in part on the principles of PROUT, or progressive utilization theory, which envisions a post-capitalist economy that is sustainable and just.
On September 26, 2008, Nicolas Sarkozy,president of France and the European Union, said, “we must rethink the financial system from scratch, as at Bretton Woods.” On October 22, US President George Bush announced that Bretton Woods II, as it was called, would be held in Washington DC on November 15. The new summit seeks to fix the broken economic order created at the summit of world leaders held in a small New Hampshire ski town as World War II wound down. In today’s ViewPoint, we speak with Hazel Henderson of Ethical Markets about her recent CSRwire commentary, “Advice for Summitteers on Reforming the Global Casino.” This continues our series with Hazel commenting on the market meltdown.