Description
Attributing the present crisis to a social process of cheating, he develops a synthesis of the social and natural sciences to show how the market system can be reformed. He introduces the concept of organic finance, which prescribes reforms capable of delivering both sustainable growth, with a more equitable distribution of wealth, and respect for other life forms.
To explain the persistent failure to resolve protracted social and environmental crises, the author introduces a theory of social trauma. Populations have been destabilised by the coercive loss of land to the point where they have lost their traditional reference points. No longer able to live by the laws of nature, they are forced to conform to laws that consolidate the privileges of those who had cheated them of their birthright: access to nature's resources. Many pathological consequences flow from this tearing of people from their social and ecological habitats. To recover from this state of trauma, the author argues, people need to use the new tools of communication, such as social media, to regain control over their future destiny through a kind of collective psychosocial therapy.
The author challenges the view that the West can climb out of depression by applying the financial measures known as "austerity". He outlines a new strategy that would restore full employment and reverse the decline in middle class living standards in Europe and North America.
About the Author
Fred Harrison is Research Director of Land Research Trust, London. After a career as a Fleet Street investigative journalist, he was advisor to a number of Russian academic and political bodies, including the Duma (parliament), in their efforts to implement a more equitable transition to a market economy. Subsequently he has turned his attention to the failure of economic analysis and public policies in the market economies. See also www.fredharrison.org
Reviews
'The Traumatised Society is a staggering work that presents nothing less than a new paradigm - yet based in a historical narrative and overview of political, economic and cultural history that is ancient. Harrison provides a sophisticated and engaging new theory of social trauma developing the idea that when whole societies or nations are dislocated from their land, traditional roots and cultural reference points, whole populations are then at the mercy of what he refers to as "the predator class". This predator class of social parasites then seeks to legalise a form of institutionalised "cheating" whereby whole peoples are robbed of their birthright to the social "commons" (the commons being one's right to enjoy the full benefits of nature's resources through a socialisation of rent on land values'. Fourth World Review, July 2013
Book Information
ISBN 9780856832871
Author Fred Harrison
Format Paperback
Page Count 256
Imprint Shepheard-Walwyn (Publishers) Ltd
Publisher Shepheard-Walwyn (Publishers) Ltd