Building a world of
resilient communities.

MAIN LIST

 

Nate Hagens: The end of growth


Energy Hub, WUD Society and Politics Committee, and Madison Peak Oil Group host energy/finance expert Nate Hagens for a presentation that weaves together economics, anthropology, psychology, finance, trade, energy and human behavior into a coherent story about our human social system.

In a visual synthesis using pictures and paintings instead of charts and graphs, Nate uses biophysical first principles to explain how our human economy really works, and how we achieved enormous success over the past two hundred years. But the underlying drivers of our economic juggernaut; cheap energy and resources, and an unconstrained natural environment, and increasingly, credit and debt, are unlikely to be available to continue a growth trajectory.

Nate contrasts our growing realities with the standard assumptions in economic theory that underpin our social systems. Among the key points, it is the power from cheap fossil fuels, not technology or creativity, that has enabled the majority of our wages, profits and inexpensive consumer goods. Also, Nate questions how a societal pursuit of “growth in transactions” (GDP) is either possible or desirable on a full planet with brains that evolved under much different circumstances. Nate predicts that we now face the end of global growth and although we are still incredibly rich as a society, our institutions, policies, and individual behaviors and aspirations are likely going to have to change.

Originally published by On the Earth Productions.
 

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


How the ‘Paddle in Seattle’ Plans to Beat Shell

Seattle has become a hub of anti-extraction activism.

In Defence of Wellbeing

William Davies’ new book The Happiness Industry is a fascinating and …

The Era of Impact

The era of impact is the point at which it becomes clear to most people that …

NACTO Report Links Station Density to Bike Share Usage, Equity

A new report argues that consistent, close station design is crucial to …

Resilience Reflections with Robert Jensen

My biggest setback was being born white, male, middle class, and a citizen …

Living Big in a Tiny House – The Transforming Castle House Truck

With the average size of houses having increased over recent decades, there …

We Tried So Hard to Be Good

We tried so hard to be good, but it didn't work. Nothing was enough for you. …