Insight and inspiration in turbulent times.
The current blind faith in technology will not save us. For the planet to stand any chance, the global economy must be redesigned. The problem is more fundamental than capitalism or the emphasis on growth: it is money itself, and how money is related to technology.
It’s as if, as environmental humanities scholar Anthony Galluzzo posted recently, humanity, not tech is—ha—the engine of history. Again, it’ll be people, not science alone, environmental scientist Erle Ellis wrote in another Times op-ed, who’ll save us from ecological collapse.
Interview with the late Rhoda Gilman, one of the early leaders of the Green movement. She talks about the origins of the Greens and Adam Smith’s vision of capitalism.
“If we were living in Adam Smith’s world, we wouldn’t be doing badly at all; the Greens would be right at home.”
Game of Thrones was arguably about climate change, but the HBO series turned this narrative around by presenting a last-minute technological solution as magically saving the day, the planet, and existence.
I don’t necessarily think all neo-optimist whizz-bangs are intrinsically a waste of time, but we need a Plan B … and this, I think, is a small farm future, which I suspect may well become Plan A.
Capitalism as we know it is over. So suggests a new report commissioned by a group of scientists appointed by the UN Secretary-General. The main reason? We’re transitioning rapidly to a radically different global economy, due to our increasingly unsustainable exploitation of the planet’s environmental resources.
Given US capitalism’s control of the American economy, the economic system’s educational needs are best served by ensuring that the nation’s school achievement does not get out of hand; that is, schools cannot become too successful in producing well-educated graduates for the purportedly vast (but actually small) number of STEM jobs.
The precariat, a mass class defined by unstable labor arrangements, lack of identity, and erosion of rights, is emerging as today’s “dangerous class.” As its demands cannot be met within the current system, the precariat carries transformative potential.
Oil could have provided all the substitutes needed to end the whale industry, but instead fossil fuels energized the killing.
“We have to reduce consumption and resource use”, is a statement that is gaining some traction. Considering that all that is consumed has to be produced and vice versa it is a logical claim that we also have to reduce production, but that seems to be a lot more provocative.
As long as mainstream economic institutions remain blind to the fundamental biophysical basis of economics, they will remain in the dark about the core structural reasons why the current configuration of global capitalism is so prone to recurrent crisis and collapse.
The common goal of both the private and public sectors is rapid, sustained GDP growth, so the only climate actions that companies or governments are willing to take are those that will not risk slowing wealth accumulation.
