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The Cognitive Prison Habits of Economic Growth and Development
The Cognitive Prison Habits of Economic Growth and Development This post grew out of a recent facebook discussion. Hat Tip to Bruce Kunkel for the title phrase “Cognitive Prison Habits.” George Monbiot recently made some important points and asked questions we all should be giving some thought to. “Green consumerism, material decoupling, sustainable growth: all are […]
Technically Speaking: This Is Nuts
Technically Speaking: This Is Nuts Since the election, markets have accelerated the pace of the advance as shown in the chart below. The advance has had two main story lines to support the bullish narrative. It’s an earnings recovery story, and; It’s all about tax cuts. There is much to debate about the earnings recovery […]
For Saving the Earth We Need to Tell the Whole Truth — an eco-socialist’s response to Richard Smith
For Saving the Earth We Need to Tell the Whole Truth — an eco-socialist’s response to Richard Smith In his article,1 Richard calls upon his readers to “change the conversation”. He asks, “What are your thoughts?” He says, if we don’t “come up with a viable alternative, our goose is cooked.” I fully agree. So […]
Human well-being, economic growth and so-called decoupling
Human well-being, economic growth and so-called decoupling Some people claim that humans—called breatharians—can live on air alone. Others claim we can have economic growth without increasing our resource use, so-called decoupling. Neither claim withstands scrutiny though here I am only going to deal with the second one. Hidden beneath the claim of decoupling is the […]
The movement to replace neoliberalism is on the ascendency – where should it go next?
The movement to replace neoliberalism is on the ascendency – where should it go next? Ten years after the crash, the movement to replace neoliberalism is in the ascendency. Well organised campaigns cover everything from the promotion of pluralism in economic curricula to the application of new economic principles in local communities. Academics and campaigners, […]
Too right it’s Black Friday: our relentless consumption is trashing the planet
Too right it’s Black Friday: our relentless consumption is trashing the planet Growth must go on – it’s the political imperative everywhere, and it’s destroying the Earth. But there’s no way of greening it, so we need a new system Illustration: Sebastien Thibault Everyone wants everything – how is that going to work? The promise […]
Averting the apocalypse: lessons from Costa Rica
Averting the apocalypse: lessons from Costa Rica Earlier this summer, a paper published in the journal Nature captured headlines with a rather bleak forecast. Our chances of keeping global warming below the 2C danger threshold are very, very small: only about 5%. The reason, according to the paper’s authors, is that the cuts we’re making […]
Will China Bring an Energy-Debt Crisis?
Will China Bring an Energy-Debt Crisis? It is easy for those of us in the West to overlook how important China has become to the world economy, and also the limits it is reaching. The two big areas in which China seems to be reaching limits are energy production and debt. Reaching either of these limits […]
Tim Jackson: The High Price Of Growth
Tim Jackson: The High Price Of Growth A finite planet cannot sustain infinite economic growth Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today’s central planners, despite multiplying evidence […]
Questioning the Growth Economy
QUESTIONING THE GROWTH ECONOMY If you have ever driven through rural Kentucky or Ohio or Pennsylvania, chances are you have run across a horse drawn carriage with a group of people who appear to have emerged from the 1700´s. Many Amish and Mennonite communities still ardently and stubbornly maintain a pre-technological and pre-industrial lifestyle despite […]
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence
Investment as a Commitment. Tim Jackson at the Summer School of the Club of Rome in Florence Tim Jackson speaks at the 1st Summer School of the Club of Rome in Florence, Sep, 2017 (image courtesy Daniel Reinhardt) There have been several interesting talks at the Summer School on Sustainability in Florence, but the one […]
Productivity and Debt
Productivity and Debt William Blake Europe Supported by Africa and America 1796 Earlier this week I was struck by the similarities and differences between two graphs I saw float by. And the thought occurred that they are as scary as they are interesting. The graphs show eerily similar trends. And complement each other. The first […]
From Growth to Degrowth: a Brief History
From Growth to Degrowth: a Brief History The notion of economic growth as a regular, ongoing, self-sustained process no longer holds up to critical analysis. Even during what’s been called “The Glorious Thirty” – the years between the end of World War II and the 1974 oil crisis – growth occurred almost solely in industrialized […]
Joseph Tainter: The Collapse Of Complex Societies
Joseph Tainter: The Collapse Of Complex Societies What history predicts about our future prospects By popular demand, we welcome Joseph Tainter, USU professor and author of The Collapse Of Complex Societies (free book download here). Dr. Tainter sees many of the same unsustainable risks the PeakProsperity.com audience focuses on — an overleveraged economy, declining net energy per […]
Our Economies Run On Housing Bubbles
Our Economies Run On Housing Bubbles Rene Magritte Memory 1948We are witnessing the demise of the world’s two largest economic power blocks, the US and EU. Given deteriorating economic conditions on both sides of the Atlantic, which have been playing out for many years but were so far largely kept hidden from view by unprecedented […]
