Dual Economy

The principle by which transition to the Lean Economy moves ahead while the market economy alongside it is still capable of delivering social order, energy and incomes. The further that transition can advance before the climacteric, the better. There is no case for dismantling the market; that will be done for us, all too soon. The priority is to make sure that there are at least some elements of resilience in place to take over. In summary: do not destroy anything; concentrate on building the sequel with the time and resources that we have.

“Dual economy” in this sense should be distinguished from the pathological sense indicated in E.F. Schumacher’s case for intermediate technology (see Appropriate Technology).


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David Fleming
Dr David Fleming (2 January 1940 – 29 November 2010) was a cultural historian and economist, based in London, England. He was among the first to reveal the possibility of peak oil's approach and invented the influential TEQs scheme, designed to address this and climate change. He was also a pioneer of post-growth economics, and a significant figure in the development of the UK Green Party, the Transition Towns movement and the New Economics Foundation, as well as a Chairman of the Soil Association. His wide-ranging independent analysis culminated in two critically acclaimed books, 'Lean Logic' and 'Surviving the Future', published posthumously in 2016. These in turn inspired the 2020 launches of both BAFTA-winning director Peter Armstrong's feature film about Fleming's perspective and legacy - 'The Sequel: What Will Follow Our Troubled Civilisation?' - and Sterling College's unique 'Surviving the Future: Conversations for Our Time' online courses. For more information on all of the above, including Lean Logic, click the little globe below!

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