Tag Archives: new economy

by Riane Eisler, Rene Redwood – OP ED

A financial debt can be paid. But the debt we’ll owe our children if investments in health, nutrition and education are slashed is irreparable. Investment in human infrastructure is essential for success in the post-industrial economy, and this should be our policymakers’ guiding economic principle.

It’s up to us to ask the hard questions: Why are we being told we can’t raise taxes on the rich, but must cut wages for teachers, nurses, child-care workers and others on whom our future depends? There is no evidence that lower taxes on corporations and millionaires raise all boats, or that massive cuts in social services have ever helped people in developing nations rise from poverty. The opposite is true. It’s countries like Canada, Sweden, New Zealand and Finland that have made commitments to caring for future generations that have risen from poverty to prosperity.

Why are we told that cutting social programs is the road to prosperity, when our past prosperity was the result of the very opposite?

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