Evolution, Purpose, and Values in Economics

Proposes major revisions to economic theory to create a more stable, sustainable, and living wage economy:

• Thinking of abundance instead of scarcity;
• Using Spiral Dynamics evolution of values system for normative economic analysis;
• Proposing economic organizations dwell on their purpose, pay a living wage, and cover external pollution costs, with an upper limit for profit of 10%, resulting in lower prices and a more stable economy;T
• Talking about using Rudolf Steiner's proposal to separate the state into economic, rights, and cultural sectors;
• Proposing having co-op schools and healthcare institutions jointly run by consumers and professional staff to reduce costs and improve services;
• Proposing banking services to be done by credit unions for economic organizations, unions, and individuals to make the financial sector more stable; and
• Advocating evolution, not revolution