Tim Jackson: An economic reality check

http://www.ted.com As the world faces recession, climate change, inequity and more, Tim Jackson delivers a piercing challenge to established economic principles, explaining how we might stop...

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I want to talk to you today about prosperity, about our hopes for a shared and lasting prosperity. And not just us, but the two billion people worldwide who are still chronically undernourished. And hope actually is at the heart of this. In fact, the Latin word for hope is at the heart of the word prosperity. "Pro-speras," "speras," hope -- in accordance with our hopes and expectations. The irony is, though, that we have cashed-out prosperity almost literally in terms of money and economic growth. And we've grown our economies so much that we now stand in a real danger of undermining hope -- running down resources, cutting down rainforests, spilling oil into the Gulf of Mexico, changing the climate -- and the only thing t...
Tim Jackson: An economic reality check
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