Where is Obama’s Herman Daly?
I’m watching Obama work his butt off to make things happen, but there’s a big problem. He hasn’t got any radical solutions, at a time when we need radical solutions. He can’t please all of the people all of the time, and more MOR solutions mean we’ll get Clinton-esque MOR solutions.
Well of course, he could never be radical even if it were in his personality, or John McCain would be president now. But I’m bummed mainly by one thing, which for me colors his actions on energy, economy, development, everything:
His dependence on Lawrence Summers.
I have two words for Lawrence Summers: Herman Daly.
If Obama were a true visionary, truly unique and not MOR , he’d have been consulting with Daly, and not Summers. If we’d followed what Daly wanted of the World Bank decades ago, we wouldn’t be in this fix right now. Daly is am environmental economist, a proponent of steady state economics, which is likely our only chance for the future. (If you haven’t read Daly’s book Beyond Growth – read it. He wrote it more than 20 years ago, and it’s now critical that we “get it”.)
I’ll write more on this in the coming weeks, as I’m working on a book on the topic and I want to post here for input and feedback. If you’re a fan of steady state econ, tell us more please.
