Another brilliant analysis by former World Bank economist and "father of ecological economics" Herman Daly explaining why new Keynesianism will not work to counter the crisis in a full world and why growth has become uneconomic.   The only solution to poverty, says Daly, is sharing.

"Sharing is frequently referred to as “class warfare.” But it is really the alternative to the class warfare that will result from the current uneconomic growth in which the dwindling benefits are privatized to the elite, while the exploding costs are socialized to the poor, the future, and to other species." (Source: Steady