In a new piece published in the sixth volume of Next System Project’s “New Systems: Possibilities and Proposals” series, NSP co-chair and New Economy Law Center co-founder Gus Speth presents the case for transforming our political economy, and offers a possible vision for an alternative system that prioritizes people, place, and planet over profit and power. “In the Joyful Economy, the goal of economic life is to sustain, nourish, and restore human and natural communities,” Speth writes. See the link below to read more.
This essay is also an opening chapter in the forthcoming Law and Policy for a New Economy: Sustainable, Just, and Democratic, (Melissa K. Scanlan ed., Edward Elgar, forthcoming 2017)
This Saturday, April 15th – traditionally designated as “Tax Day,” – tens of thousands of people will take to the streets in cities across the globe in protest of President Donald Trump’s refusal to release his tax returns. The idea for a “Tax March” originated with Vermont Law School professor, and New Economy Law Center Fellow, Jennifer Taub. “I impulsively shot off a tweet at two in the afternoon, and by the next morning, I’d created a movement,” Taub told The Guardian. For the full story, see the link below.
Amber Jamieson. “Tax March: How a Law Professor Sparked a Global Event to Demand Trump’s Returns,” The Guardian, April 12, 2017, https://www.theguardian.com/us-news/2017/apr/12/tax-march-trump-tax-returns-activism-jennifer-taub
Conventional neoclassical economics and traditional law curriculum are too confining and outdated to address contemporary challenges. This paper argues that “the urgent challenges of the 21st Century also call for a new Law and Economics.” New Economy Law Center Fellows Martha McCluskey, Frank Pasquale, and Jennifer Taub authored the paper in response to Yale Law School’s Conference on Law and Inequality. The piece lays the foundation and outlines the aims of a new casebook by these Fellows.
Martha T. McCluskey, Frank Pasquale & Jennifer Taub, Law and Economics: Contemporary Approaches, 35 Yale L. & Pol’y Rev. 297 (2016), http://ylpr.yale.edu/sites/default/files/YLPR/mccusley-pasquale-taub.final_.2.pdf
Contributing authors – including New Economy Law Center Fellows Sarah Krakoff and Pat Parenteau – offer ideas for re-examining and re-evaluating the concept of sustainability within the complex context of anthropogenic climate change.
Jessica Owley and Keith Hirokawa (ed.) Rethinking Sustainability to Meet the Climate Change Challenge, Environmental Law Institute: Washington DC, 2015, https://www.eli.org/eli-press-books/rethinking-sustainability-meet-climate-change-challenge
“We urgently require an economic system that prioritizes ecological sustainability, just distribution and obligations to future generations…” (p.11), writes New Economy Law Center Fellow Joshua Farley in the introduction to a new book on ecological economics. In Beyond Uneconomic Growth, Farley provides an introductory synopsis on why a new economic system – inspired by Herman Daly’s ecological economic principles – is needed to avoid complete ecosystem collapse. Another New Economy Law Center Fellow, Peter G. Brown, concludes the volume with an ethical perspective that positions humans as participants in, rather than masters of, the larger ecological community.
Joshua Farley and Deepak Malghan (ed.) Beyond Uneconomic Growth: Economics, Equity and the Ecological Predicament, Edward Elgar Publishing, 2016, http://www.e-elgar.com/shop/eep/preview/book/isbn/9781783472499/
Gus Speth, co-founder of the New Economy Law Center and co-chair of the Next System Project, announced a new edition in NSP’s “New Systems: Possibilities and Proposals” series. The four models highlighted in Volume Five of the series include the “Economy for the Common Good (ECG),” Paul Raskin’s vision of “Earthland,” Michael Shuman’s “The Promise of a Million Utopias,” and a vision for Community Economies. Economy for the Common Good founder Christian Felber visited the Vermont Law School campus last September to present his model in an event organized by NELC, part of Felber’s U.S. book tour. To read more about this tour and other ECG happenings, check out the newly launched International ECG Newsletter. To learn more about ECG and other political-economic alternatives, see the link below.
“New System Series: Volume Five,” Next System Project, February 28, 2017
In response to President Trump’s executive orders giving the go ahead to controversial pipelines Dakota Access and Keystone XL, New Economy Law Center Fellows Annie Leonard and Bill McKibben insisted the grassroots resistance would continue. See below for article, which quotes Leonard and McKibben at the end.
Dakota Access Pipeline protest in front of TD Bank in Montpelier, VT
Steven Mufson and Juliet Eilperin. “Trump signs orders advancing Keystone XL, Dakota Access oil pipelines,” Chicago Tribune, January 24, 2017, http://www.chicagotribune.com/news/nationworld/politics/ct-trump-dakota-keystone-pipeline-20170124-story.html
New Economy Law Center Fellow and leading public trust doctrine advocate, Prof. Mary Wood of University of Oregon, reflects on the federal youth climate change lawsuit Juliana v. United States that now will be headed to trial. Wood explains the constitutional claim and cruel irony of this case, its importance in the context of a Trump administration, and what President Obama could still do before leaving office.
Mary Wood. “Earth on the docket: Why Obama can’t ignore this climate lawsuit by America’s youth,” The Conversation, December 15, 2016.
New Economy Law Center co-founder, Gus Speth, and colleagues at the Next System Project discuss the necessity and challenges of moving beyond the current political economy towards a more just, democratic, and sustainable system. In the following working paper presented during the recent “After Fossil Fuels: The Next Economy” conference in Oberlin, Ohio, they identify the nature and key drivers of our systemic crisis and insist that what must be changed is “at the level of the basic institutional design of the political-economic system itself.”
Gar Alperovitz et al. “Systemic Crisis and Systemic Change in the United States in the 21st Century,” The Next System Project, September 2016, http://thenextsystem.org/wp-content/uploads/2016/09/NSPOberlin-final.pdf
In the following article, NELC Fellow Linda Sheehan explains why the current approach to environmental protection is failing, and how recognizing our relationship with the natural world and nature’s inherent right in law can be a transformative remedy.
Linda Sheehan, Implementing Rights of Nature Through Sustainability Bills of Rights, 13 NZ J. Pub. & Int’l L. 89 (2015).