This is a long article about how economic thinking must change. It is part of an entire issue of RWER -- Real World Economic Review -- dedicated to the economics of climate breakdown. It goes way beyond the "...isms" people like to debate so much. [paecon.net]
A least some are questioning our present economic platform. It is the economy that is a human invention. We are so proud of ourselves we forget it is nature that makes the rules. We can bend them for a while but nature will have the final say. We are too damn arrogant to understand we are not in control, she is. Too bad it will take hitting bottom before we change. By then it might be too late (it is quickly becoming so for many countries).
I understand his premise and agree to some extent but he framed it incorrectly.
Here's an example. My suitcase cracked, I have the money to buy a new one but I glued it and reinforced it with duct tape instead. The Chinese call it Cha Bu Duo which basically means Macguyver it is cooler than buying a new one.