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Need to monetize externalities to achieve long-term v short-term focus

Until long-term social costs are realized in expenses of production of goods or services, no value will be attributed to the activities necessary for our species long-term survival

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Need to monetize externalities to achieve long-term v short-term focus
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Can these activities keep an economy growing?
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What constitutes productive economic activity in this economy?
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Hard to make productivity gains in these activities
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Expand economic models to include ecological dimensions / variables
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Can these activities keep an economy growing?
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What constitutes productive economic activity in this economy?
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Build on existing local/community based social enterprises
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Manipulate “drivers” of growth to achieve stabilisation
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Share work more equally to reduce poverty and unemployment
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Shift towards a more service-based economy
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Greater sense of well-being and fulfilment as producers and consumers
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Help to bind communities together
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Little material throughput in such activities
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Hard to make productivity gains in these activities
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Tend to dissipate rather than create narrowly-defined economic wealth
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