{"id":56366,"date":"2021-01-08T08:48:20","date_gmt":"2021-01-08T13:48:20","guid":{"rendered":"https:\/\/olduvai.ca\/?p=56366"},"modified":"2021-01-08T08:48:20","modified_gmt":"2021-01-08T13:48:20","slug":"the-urgent-case-for-shrinking-the-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=56366","title":{"rendered":"The Urgent Case for Shrinking the Economy"},"content":{"rendered":"<div class=\"article-header\" data-reactid=\"130\">\n<div class=\"templateVerticalHeader\" data-reactid=\"131\">\n<div class=\"split nocredit\" data-reactid=\"132\">\n<div class=\"article-title\" data-reactid=\"133\">\n<div class=\"article-title__spacing\" data-reactid=\"134\">\n<h3 class=\"article-headline\" data-reactid=\"135\"><a href=\"https:\/\/newrepublic.com\/article\/160692\/less-is-more-degrowth-climate-change-book-review?utm_source=social&amp;utm_medium=facebook&amp;utm_campaign=sharebtn&amp;fbclid=IwAR27c8YAB9eAncVeOlkLcipL5FStXJyJDTmVLGplQmwq2ikF18M4TaEgmik\"><span data-reactid=\"136\">The Urgent Case for Shrinking the Economy<\/span><\/a><\/h3>\n<p class=\"article-subhead\" data-reactid=\"137\"><strong>Endless growth is destroying the planet. We know how to stop it.<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"article-cover\" data-reactid=\"139\"><img decoding=\"async\" class=\"LedeImg\" src=\"https:\/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;w=1400&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2\" srcset=\"\/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=100 100w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=116 116w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=134 134w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=156 156w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=182 182w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=210 210w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=244 244w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=282 282w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=328 328w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=380 380w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=442 442w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=512 512w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=594 594w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=688 688w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=798 798w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=926 926w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=1074 1074w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=1246 1246w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=1446 1446w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=1678 1678w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=1946 1946w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=2258 2258w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=2618 2618w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=3038 3038w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=3524 3524w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=4088 4088w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=4742 4742w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=5500 5500w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=6380 6380w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=7400 7400w, \/\/images.newrepublic.com\/1d84196d2d98f5622c24e5dc5cc70d21f11a92a2.jpeg?auto=compress&amp;ar=1.5%3A2&amp;fit=crop&amp;crop=faces&amp;q=65&amp;fm=jpg&amp;ixlib=react-9.0.2&amp;w=8192 8192w\" data-reactid=\"140\" \/><\/div>\n<\/div>\n<header class=\"article-header-wrap\" data-reactid=\"142\">\n<div class=\"article-header-grid\" data-reactid=\"144\">\n<p class=\"article_artist_bylines\" data-reactid=\"153\">ILLUSTRATION BY TIM LAHAN<\/p>\n<\/div>\n<\/header>\n<\/div>\n<\/div>\n<div class=\"article-body\" data-reactid=\"186\">\n<div class=\"article-body-wrap\" data-reactid=\"191\">\n<div class=\"article-text-wrap\">\n<div class=\"article-text-grid\">\n<figure class=\"article-embed\"><iframe id=\"audm-player-embed\" src=\"https:\/\/audm.herokuapp.com\/player-embed\/?pub=newrepublic&amp;articleID=growing-pains-zaitchik\" frameborder=\"0\" data-mce-fragment=\"1\"><\/iframe><\/figure>\n<p>In July 1979, shortly after installing a set of\u00a0<a href=\"https:\/\/www.scientificamerican.com\/article\/carter-white-house-solar-panel-array\/\" target=\"_blank\" rel=\"nofollow noopener\">solar panels<\/a>\u00a0over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He\u00a0<a href=\"https:\/\/www.c-span.org\/video\/?153917-1\/president-carter-address-crisis-confidence\" target=\"_blank\" rel=\"nofollow noopener\">asked Americans<\/a>\u00a0to sacrifice: to consume less, take public transit more, value community over material things, and buy bonds to fund domestic energy development, including solar. From our vantage, this may sound very farsighted and bold. But any prescient, planet-saving leadership seen shimmering through hindsight is a mirage. The speech and the panels advanced a program with the narrow goal of energy\u00a0<em>independence<\/em>, not decarbonization. Carter wanted to expand and secure the nation\u2019s economic wheel beyond OPEC\u2019s reach, not question it, shrink it, slow it, or \u201cgreen\u201d it. \u201cWe have more oil in our shale alone than several Saudi Arabias [and] more coal than any nation on earth,\u201d he boasted in the speech. \u201cWe have the national will to win this war.\u201d<\/p>\n<p>It\u2019s a different event, buried in the Carter record, that offers a flash of the ecological vision often falsely ascribed to the \u201979 energy plan. On the afternoon of March 22, 1977, between meetings with the prime minister of Japan and the National Security Council, Carter sat down in the Oval Office with a British-German economist named\u00a0<a href=\"https:\/\/centerforneweconomics.org\/envision\/legacy\/ernst-friedrich-schumacher\/\" target=\"_blank\" rel=\"nofollow noopener\">E.F. Schumacher<\/a>. Four years earlier, Schumacher had achieved international fame as the author of\u00a0<em><a href=\"https:\/\/www.theguardian.com\/commentisfree\/2011\/nov\/10\/small-is-beautiful-economic-idea\" target=\"_blank\" rel=\"nofollow noopener\">Small Is Beautiful<\/a><\/em>, a trenchant critique of the spiritual poverty and delusional frameworks of mainstream economics. His White House visit made him the most radical guest of a sitting president since Warren G. Harding requested an\u00a0<a href=\"https:\/\/www.washingtonpost.com\/dc-md-va\/2019\/09\/22\/socialist-who-ran-president-prison-won-nearly-million-votes\/\" target=\"_blank\" rel=\"nofollow noopener\">audience with Eugene V. Debs<\/a>.<\/p>\n<\/div>\n<\/div>\n<div class=\"full-width ad-container-house\">\n<div class=\"ad-container-house__inner\" data-reactroot=\"\">\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Urgent Case for Shrinking the Economy Endless growth is destroying the planet. We know how to stop it. ILLUSTRATION BY TIM LAHAN In July 1979, shortly after installing a set of\u00a0solar panels\u00a0over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He\u00a0asked Americans\u00a0to sacrifice: to consume less, take public transit more, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4],"tags":[17658,4595,681,30809],"class_list":["post-56366","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","tag-alexander-zaitchik","tag-endless-growth","tag-resources","tag-the-new-republic"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56366"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/56366\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}