Ecologists speak of conservation.
The destructive consequences of national accounting methods, uncontrolled development, and natural resource exhaustion are put into an exciting, revolutionary perspective during the Madison Institute s 1991 conference in Madison, WI, titled, 'Forging a New Economics'. Coherent, accessible, and tightly constructed, this video introduces an economics that counts the earth. Gaylord Nelson, Herman Daly, and John Cobb, Jr. go to the heart of the complaint by pointing out the staggering costs of traditional, neo-classical schemes for economic growth and development. His revelatory analysis of the devastation wrought by traditional industrial practices in the forests of Siberia as well as in the oceans off Japan are second to none. Daly and Cobb s Index of Sustainable Economic Welfare is discussed, along with a rousing, humorous condemnation of consumerism and the need for a global 12 step program to kick the habit.