Joshua Holland

Joshua Holland writes an interesting article about inflation (yeah, right) that explains why it seems like we're just going backward, even though we're told that all is well. T

"The United States, especially, faces deep structural problems, and there are no quick fixes. Forget about "subprime" loans and economic "slowdowns." Forget about the kind of tinkering around the edges that our political establishment offers as solutions. We need some bold new thinking in order to dig out of these messes. We need new energy solutions and new economic models that place human welfare, rather than abstractions like GDP or the Dow Jones Industrial Average, at their center. We need to make consumption a means to an end rather than a goal unto itself.

But none of that can happen until we accept that our current social and economic arrangements are dysfunctional. As long as decision-makers are tied down to the principles of yesterday's tired old "New Economy" -- the globalized, trickle-down economy touted by Democrats and Republicans alike for the past 30 years -- and as long as the economic pain most of us are dealing with is obscured by suspect measures of inflation and growth, none of that will happen."

Whole article