What can be done about debt?
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About the video: ‘What can be done about debt?’
Economist Richard Douthwaite looks at the flaws in the current economic model and how it requires constantly tranfered debt. He goes on to imagine what what happen if we changed the system in order to make it more sustainable.
Total views: 5,889
Filmed: London, UK on 4 March 2005
Credits: Interviewer - Marcus Morrell Camera and Editor - Marcus Morrell
Copyright © 2005 Big Picture TV
About Richard Douthwaite
Richard Douthwaite is an economist, journalist and author. He is the co-founder of the Foundation for the Economics of Sustainability (Feasta), an economic think-tank based in Ireland.
He acted as economic adviser to the Global Commons Institute (London) from 1993 to 2005 during which time GCI developed the “contraction and convergence” approach to dealing with greenhouse gas emissions which has now been backed by many countries.
His books include ‘The Growth Illusion’ (1992), widely regarded as a classic, ‘Short Circuit’ (1996) and the ‘Ecology of Money’ (1999).
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