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What if our economic system – like a faulty operating system – had a little bug that was making it unsustainable economically, socially and environmentally?
This cross-disciplinary work questions taken-for-granted assumptions and presents the Root Bug hypothesis
If we got supply to actually meet demand in the labor market on the individual level and if we eliminated private monopolies (most notably that of land), we would have an economic system that is fair, self-stabilizing, sustainable and growth-independent, without limiting desired growth.
But instead of solving this chronic market mismatch, we are stuck in the “job creation paradigm”: trying to create more work just to let everyone participate in it – possibly the dumbest idea in the history of mankind.
Take a leap down the rabbit hole into how the quirks of our language, self-preserving institutions as well as the religious nature of politics and economics can make us miss fairly obvious solutions to big problems.
More at: rootbug.org