Maintaining growth in the development of the economy is not a necessity, but a long-standing habit.
As a result, billions of people and enterprises—without intending harm—are steadily depleting the Earth’s limited resources.
This is not inevitable.
There is another way to keep the economy going—without maintaining continuous growth.
The alternative is to pay consumers to buy only goods and services that keep the environment in good condition.
We call this:
Pay the Pilot’s Wage.
Consumers are paid one third of the ecological value of a purchase when they choose such goods and services.
The payment reduces the price they pay.
The ecological value of a product is the percentage of its production costs that is spent on renewable supplies.
The higher this percentage, the higher the payment.
As a result, products with higher ecological value become less expensive.
Consumers buy them.
Producers compete as before.
To remain competitive, they increase the ecological value of their products by increasing the percentage of production costs spent on renewable supplies.
The state pays the Pilot’s Wage.
It does so using the capital that is currently spent on repairing damage to the environment.
Keeping the environment in good condition is less costly than repairing it.
As a result, sufficient funds are available to finance the Pilot’s Wage.
Paying the Pilot’s Wage changes how demand is formed.
It directs the spending of consumers toward goods and services that keep the environment in good condition.
As a result, the combined demand of billions of consumers shifts toward such products.
Producers respond by increasing the ecological value of their products in order to remain competitive.
Over time, production aligns with the preservation of the environment.
The economy progresses within the limits of Nature.
Pay the Pilot’s Wage.
It is how we can live well within these limits.