Germaine Caprio launched Majamas Earth in 1999 after designing, patenting, and selling the first nursing tank top to Nordstrom Department Stores. “I thought,” she says, “I could sell one of these to everybody. I dove in, and I wanted to be big, like Lululemon.” So she added other clothing lines, basics for women (including those who are pregnant or nursing), men, and babies. And the business grew.
Remembering Pioneering Economist Herman Daly
It is little wonder that Herman Daly’s recent death, on October 28, 2022, passed with little fanfare from the nation’s mass media, for he was a pioneer of “ecological economics” with principles that counter the mainstream economic paradigm of constant growth.
Daly was a promoter of the idea of a “steady-state economy,” which explained that infinite growth is not possible in a world of finite resources. Starting with his textbooks written in the 1970s, Daly taught that rather than being one of several factors in our economies (along with labor and capital), the natural world, with its complex systems and vast resources, is actually the foundation upon which our human-developed systems rest. And therefore, economics must be governed by the laws of nature and the biophysical limits of natural systems such as the climate system, biodiversity principles, and others.