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Indybay Feature

It’s Time for a “Caring” Economic Policy

by Lainey Feingold via Beyond Chron
Thursday, June 28, 2007 : On June 25, 2007 at 9:00 p.m., there were over 13,000 entries returned when the term “S&P 500” was typed into the Google News search box. The initials “NASDAQ” in that box brought up over 50,000 news hits, while NASDAQ on the broader “web” search had over 71 million (!) returns. And on that night, the good ‘ol Dow Jones had over 33 million web hits, and more than 45,000 news hits.
The term “caring economics”, on the other hand brought up a lone entry from the vast information archives of Google’s news: a book review of Riane Eisler’s newest masterpiece -- The Real Wealth of Nations: Creating a Caring Economics . If everyone who wants to live in a more just and equitable society would read this amazing book, “caring economics” might just become a household phrase. The world would certainly be a better place if future Google searches returned millions of entries for this important term.

In The Real Wealth of Nations , Eisler argues convincingly that an economic system that ignores human needs, fails to value caring (and being cared for) and ignores environmental impacts, is an economic system that fails us all in a million ways, both large and small. Caring Economics is the answer.

Caring economics is a multi-faceted term embracing a host of values and systems, both micro and macro, that would make the world a healthier, saner, more equitable and just place to live. Caring economics, for example, recognizes whole sectors that currently go uncounted or under represented, such as the unpaid community and household economies.

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