A Quote by David Suzuki
The true - the true economy has got to come back into balance with the very biosphere that sustains us. And I think a lot of people just see the green economy as a different way of allowing the corporate agenda to continue to flourish.
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I think the reason that the Trump economic agenda is beneficial is, he is doing the right things. He wants to see growth, he wants to see to lower taxes, he wants to see this cash pile sitting outside the US return to the US. All of these things I think will be good for the US economy, and as I've said, if the US economy grows, the global economy benefits hugely.
I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.
In a healthy economy, empowering, sustaining and efficiency innovations operate in balance. A healthy economy creates and sustains more jobs before squeezing out inefficiencies.
Although there are some parallels to the problems that we're seeing now and what we say back in the '30s, no period is exactly the same. For us to simply recreate what existed back in the '30s in the 21st century, I think would be missing the boat. We've gotta come up with solutions that are true to our times and true to this moment. And that's gonna be our job. I think the basic principle that government has a role to play in kick starting an economy that has ground to a halt is sound.
We want an economy that grows health and wellbeing, not debt and carbon emissions. An economy that prepares and protects us from shocks to come, rather than making them worse. An economy that shares resources to meet all our needs, regardless of background. An economy that lets us live.
I think that internet technologies are making everything so transparent. The arms race of deception and spin against the public trying to keep up with it - I think the forces of spin have to lose. In the corporate world people are finding this. Corporate social responsibility has been on the agenda for a very long time - and a lot of people say it's a kind of green-wash or white-wash - but because there's nowhere to hide anymore, people are coming around to the realization that the only way to be seen to be good is to be good. You can't fake it.
There's so much impetus for change, there's so much desire to not have this oil economy continue, but it continues nonetheless. And people often assume that's because technology is not good enough, or there's no money being invested, or it's just not ready yet. It's none of that. It's actually a system of government and corporate behavior that work in collusion and lock step with one another to deflect any momentum toward true alternative energies.
I think all of us in the commentary business need to take a deep breath. And it can't be true that every single week the world is ending in some different way. And this presidency [of Donald Trump] will be judged like all presidencies - on the state of the economy and by events.
There are limits to what we can do. That's for sure. That is true. One of the downsides of a growing economy [is that] we're accommodating a lot more people. They're buying houses and the market is growing. That is part of the downside of that, but I think that all of us do have to decide to act on it.
The chief moral obligation of the 21st Century is to build a green economy that is strong enough to lift people out of poverty. Those communities that were locked out of the last century's pollution-based economy must be locked into the new, clean and renewable economy. Our youth need green-collar jobs, not jails.
Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.
President Obama, I voted for him. I think he's a mature politician, but here's what happened. Obama wanted a green economy. He spent billions of dollars of tax money to create a green economy and it didn't happen. The question is why.
So, what people are actually left with to spend is maybe 25 to 30% of their income on goods and services, after paying taxes and after paying the FIRE sector (Finance, Insurance, Real Estate). Whether it's housing insurance or mortgage insurance. So there's an idea of distracting people. Don't think of your condition. Think of how the overall economy is doing. But don't think of the economy as an overall unit. Think of the stock market as the economy. Think of the rich people as the economy. Look at the yachts that are made. Somebody's living a lot better. Couldn't it be you?
Just as the PC bled back into industrial economy, I think the Internet is going to bleed back into our overall economy and have a transformative effect on major sectors that we don't yet foresee.
Expense, and great expense, may be an essential part in true economy. If parsimony were to be considered as one of the kinds of that virtue, there is, however, another and a higher economy. Economy is a distinctive virtue, and consists not in saving, but in selection.
Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.
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