Capitalism, the Doomsday Machine (or, How to Repurpose Growth Capital)
Why wait for collapse? Repurposing growth capital now could help unwind the doomsday machine sooner rather than later.
Why wait for collapse? Repurposing growth capital now could help unwind the doomsday machine sooner rather than later.
The Pandemic Armchair Philosophy Blog welcomes the beginning of the end of the COVID-19 crisis, but a “return to normal” should refocus us on a long list of global climate emergencies, social injustices, and tottering democratic institutions.
In short, we need to change the basis of our global civilization. We must move from a civilization based on wealth accumulation to one that is life-affirming: an ecological civilization.
When we talk about a system beyond economic growth, we don’t have to refer to an abstract future. There are myriad existing examples of projects, mindsets, and approaches beyond economic growth — and not all fit easily into the ‘sustainability’ box.
But my feeling is that we do need to hear more declarative statements like “Sell the beach house now!” from science and modeling.
We can’t know for sure, of course, whether the climate cataclysm will destroy scientific knowledge. But what we can see is that we are on a so-far unwavering path to climate catastrophe…
What is the nub of my case for how we can tackle this? We need to become parents of the future. How do we do that? By taking the metaphor literally.
The Anthropocene concept advances the stunning proposition that human activity has catapulted Earth out of the relatively benign Holocene into a hostile new geological epoch.
In this perspective, what must be assessed is how much the 4T government is making its mark by advancing the forces of global emancipation, the forces of those carrying out a great war for the survival of the human species and the rest of the living world.
The good news is that the path to both improving our resilience and making a viable Energy Transition to a low-carbon economy, while minimizing the chances of catastrophic climate change, is the same: planning a controlled and socially fair reduction of the material sphere of the economy.
Last year will be remembered for many things, and let’s be honest: most of them will be bad. But amidst the hardship and suffering, there is a positive story to be told.
As the world continues to crumble around us, communities and cities have been turning to an economic model known as “Doughnut Economics.”