Our mission is to envision a just and regenerative economy; apply the concepts locally; then share the results for broad replication.

 

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W.E.B. Du Bois, Champion of Community Economics

The following message was circulated by BerkShares, Inc. last Friday to members and participants of the local currency initiative. We are pleased to share this timely reflection on W.E.B. Du Bois’ legacy more broadly.

What sets man against man?

Chapter 2 breaks down how economists measure success, and “how their measurements are leading the world into great peril.” This pivotal insight has regretfully been obscured; today, the world is increasingly waking up to these profound implications.

 
 
 

"Since there is now increasing evidence of environmental deterioration, particularly in living nature, the entire outlook and methodology of economics is being called into question. The study of economics is too narrow and too fragmentary to lead to valid insights, unless complemented and completed by a study of meta-economics."

- E. F. Schumacher, Small is Beautiful