I want to believe in eternal economic growth. Given what humanity is facing with climate change and other consequences of our collective consumption, it must be awfully comforting to have faith in a cornucopian future where no one ever goes wanting. Especially if all we have to do is more of the same, sticking to capitalism’s exploitative playbook. I used[Read More...]
Perhaps the main reason people reject the need for a steady state economy is some form of cornucopianism, the belief that technological progress will overcome all ecological and physical limits, allowing endless economic growth into the indefinite future. Cornucopianism has several flavors, and I will describe three: mainstream economics, eco-modernism, and singularity theory. Mainstream Economics Fuels Cornucopian Ideas First, let’s[Read More...]
This is a speech I prepared to deliver at the Solidarity Media Awards This award was bestowed upon Countercurrents.org and me for the courageous interventions in human rights and citizen’s rights. Let me make it very clear, I do not have any such claims. I’m doing whatever little I can in my limited capacity for humanity and other species on[Read More...]
When I ask an audience, “Who believes we are on a path to self-extinction?” nearly every hand goes up. It’s a sign of a growing awareness that humanity is on a path to self-imposed environmental and social collapse. For me, that awareness is a source of hope. I recently discovered an even deeper source of hope on a trip to South[Read More...]
William Nordhaus shaping vulnerable minds in his Yale classroom – Oct. 8, 2018. (Photo credit: Yale/ ©Mara Lavitt) How ironic for the Washington Post to opine “Earth may have no tomorrow” and, two pages later, offer up the mini-bios of William Nordhaus and Paul Romer, described as Nobel Prize winners. Without more rigorous news coverage, few indeed will know that Nordhaus and Romer are[Read More...]
Most people have passed through some kind of initiation in life. By that, I mean a crisis that defies what you knew and what you were. From the rubble of the ensuing collapse, a new self is born into a new world. Societies can also pass through an initiation. That is what climate change poses to the present global civilization.[Read More...]
Image credit: eyewashdesgin: A. Golden, flickr creative commons When the global financial crisis resurfaces, we the people will have to fill the vacuum in political leadership. It will call for a monumental mobilisation of citizens from below, focused on a single and unifying demand for a people’s bailout across the world. A full decade since the great crash of 2008, many[Read More...]
Disaggregating reported GDP growth to reveal the differences in growth by income class, as per the Schumer-Heinrich Bill, is a good idea. After all, telling us, say, that average income grew by 4% is not nearly as informative as telling us that the richest ten percent received the entire growth increment while the bottom ten percent suffered a decline in[Read More...]
The first vast work of “worldwide” occupation and predation of the Earth and its inhabitants was that begun in the sixteenth century by a number of European states (Spain, Portugal, the Netherlands, England and France). After the First World War, new actors – no less conquerors and predators than the former (in particular, the United States, Soviet Union, Japan and[Read More...]
The solidarity economy is a global movement to build a post-capitalist world that puts people and planet front and center, rather than the pursuit of blind growth and profit maximization. It isn’t a blueprint but a framework that includes a broad range of economic practices that align with its values: solidarity, participatory democracy, equity in every dimension including race, class[Read More...]
