Economy featured

Reflections on ‘Beyond Growth’

May 23, 2023

Recorded May 16th, 2023

Description

On this Frankly, Nate reflects on the Beyond Growth Conference held at the European Parliament, including the stunning public acknowledgement by EU President that a growth model based on fossil fuels is now obsolete. In the context of this growing and relevant conversation, Nate unpacks what the degrowth movement is getting right, but also what is missing from the conversation. Is it possible to purposely navigate from our current system to one with lower energy and material wealth? How does a large and growing global debt overhang impact this possibility? Is a transfer of wealth between nations feasible or even desirable based on realistic outcomes? In any case, as to the inevitability of a post-growth world, the degrowth conversation needs to be expanded.  It’s the primary movement mapping out what a desirable destination might look like as we move through a Great Simplification.

Show Notes

00:05 – Beyond Growth Conference

00:18 – Morchella Mushrooms

00:30 – Clip of European Commissioner at the Beyond Growth Conference

01:27 – Degrowth

01:35 – Episodes for Vandana Shiva, Giorgos Kallis, Timothee Parrique, Olivia Lazard, Simon Michaux

01:48 – Kate Raworth

03:42 – 350-400% debt to GDP ratio

03:47 – US 90% energy independent

03:50 – 32 trillion dollar in debt and 200 trillion in unfunded pensions and social security

05:05 – Global North responsible for 80% of emissions

06:08 – The top 1% of earners in the US spend 7% of their income while the bottom 40% spend 104%

 

Teaser photo credit: By Gzirk – Own work, Public Domain, https://commons.wikimedia.org/w/index.php?curid=3959627. By Gzirk – Own work, Public Domain, https://commons.wikimedia.org/w/index.php?curid=3959627

Nate Hagens

Nate Hagens

Nate Hagens is the Director of The Institute for the Study of Energy & Our Future (ISEOF) an organization focused on educating and preparing society for the coming cultural transition. Allied with leading ecologists, energy experts, politicians and systems thinkers ISEOF assembles road-maps and off-ramps for how human societies can adapt to lower throughput lifestyles.

Nate holds a Masters Degree in Finance with Honors from the University of Chicago and a Ph.D. in Natural Resources from the University of Vermont. He teaches an Honors course, Reality 101, at the University of Minnesota.


Tags: degrowth perspectives, systems thinking

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Tony Weddle
Tony Weddle
3 years ago

Degrowth, in its simplest sense will happen (not sure what Nate means by “post growth”) but the degrowth movement don’t really have proposals in detail for how degrowth happens and what a sustainable steady state target will look like. I very much doubt that most people understand that their society will not look anything like it does today if it were sustainable.