Workweek

Juliet Schor at Demos: People Power and EcoPower: The New Economics of True Wealth and Working Well

Chet Baker’s warm, presencing voice and trumpet ushered in the inaugural event of Demos’ “Sustainable Progress Initiative” at the public policy research and advocacy group’s Manhattan offices on the night of October 6. The Initiative’s new senior policy analyst Mijin Cha and its director Lew Daly introduced best-selling author and economist Juliet Schor and her plenitude model, and the evening (which was cosponsored by the World Policy Institute) became an exploration of the model’s potential to free up Americans to be present to explore the dimensions of a more meaningful “livelihood.” 

Schor’s latest book, released in paperback under the title: True Wealth: How and Why Millions of Americans are Creating A Time Rich, Ecologically Light, Small-Scale, High-Satisfaction Economy, describes the plenitude model, which calls for Americans to work fewer hours and reap the benefits of both “time wealth” and reduced carbon footprints. Schor reports that she wrote True Wealth as a solutions manual, sensing that Americans were yearning for an alternative pathway rather than a dissection of what we all know is a broken economic and social system.

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