On this episode, Nate is joined by well-known French educator Jean-Marc Jancovici to discuss the critical importance of energy to modern economies.
In other words, information becomes an asset in the service of economic growth—just like our very interactions with one another on social media have been turned into economic activity.
Yet, for a politician to advocate increased economic growth, given the evidence, they have to be ignorant, wicked or stupid.
What this paper is exploring is why humanity, but more importantly the people who really should know better – the economists – can’t see the effects that we’re having on the planet.
Over the course of the 20th century, capitalism preserved its momentum by molding the ordinary person into a consumer with an unquenchable thirst for more stuff.
Our globalised world finds itself caught on the horns of a seemingly impossible dilemma – either cease growing, and so collapse the economy on which we all depend, or continue to grow until we overwhelm and destroy the ecosystems on which we all depend.
We live where we do, and we become what we are through that lived environment, organically. If there is a consequence to it, it might be best, at the very least, that it not be one already determined by a planning board, because however well-meaning, their logic is likely not to be wholly their own.
There is, of course, a caution for our species in Pig #6707. When an organism grows beyond its design, nature will determine it to fail — a fact of life, in the strictest sense. Nowhere in evolutionary theory is hypertrophic growth posited as the key to success. What is key is optimum size, what we’d more accurately call right size.
After five years of aggressive Federal Reserve and government intervention in our monetary and financial systems, it’s time to ask: Where are we?
Humanity faces a momentous period of transition. Modern civilization is not only in crisis. It confronts a multiplicity of overlapping global crises that are potentially terminal.