From a Zombie Economy to a New Economy

The stream of Washington bailouts is a doomed attempt to revive a 'zombie economy', argues James Howard Kunstler. He believes we need to start organizing new, local economies built around growing food, making things and transporting them by rail.

1 minute read

November 29, 2008, 7:00 AM PST

By Michael Dudley


"All the activities based on getting something-for-nothing are dead or dying now, in particular buying houses and cars on credit and so it should not be a surprise that the two major victims are the housing and car industries. Notice, by the way, that these are the two major ingredients of an economy based on building suburban sprawl. That's over, too.

All this obviously begs the question: what kind of economy are we going to live in if the old one is toast? Well, it's also pretty obvious that it will have to be based on activities productively aimed at keeping human beings alive in an ecology that has a future. Once you grasp this, you will see that there is no reason to despair and more than enough for all of us to do.

To be specific about this new economy, we're going to have to make things again, and raise things out of the earth, locally, and trade these things for money of some kind that we earn through our own productive activities. Don't make the mistake of thinking this is optional."

Tuesday, November 25, 2008 in James Kunstler's Blog

View form second story inside Southdale Mall in Edina, Minnesota with escalators and model cars parked on downstairs floor.

The Mall Is Dead — Long Live the Mall

The American shopping mall may be closer to its original vision than ever.

March 21, 2024 - Governing

Houston, Texas skyline.

Report: Las Vegas, Houston Top List of Least Affordable Cities

The report assesses the availability of affordable rental units for low-income households.

March 22, 2024 - Urban Edge

Historic buildings in downtown Los Angeles with large "Pan American Lofts" sign on side of building.

Adaptive Reuse Bills Introduced in California Assembly

The legislation would expand eligibility for economic incentives and let cities loosen regulations to allow for more building conversions.

March 18, 2024 - Beverly Press

Amtrak train passing over tall trestle bridge on California coast at Gaviota Beach.

LA-to-San Francisco Night Train Closer to Reality

A train operator has entered into formal negotiations with Union Pacific to move the project forward with a projected launch date of 2025.

March 27 - SFGate

Major League Baseball Stadium

Lawsuit Aims to Stop Dodger Stadium Gondola

A proposed aerial tram project that would shuttle visitors to L.A.’s Dodger Stadium faces backlash from environmental and community groups.

March 27 - Los Angeles Times

ROwn of grey and white townhomes with gabled roofs and front porches.

Why Parking Reform Goes Hand in Hand With More Housing

To achieve the full benefits of ‘missing middle housing’ and make way for small-lot construction, cities must rethink parking mandates.

March 27 - Sightline

News from HUD User

HUD's Office of Policy Development and Research

Call for Speakers

Mpact Transit + Community

New Updates on PD&R Edge

HUD's Office of Policy Development and Research

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.