Tag Archives GDP Growth
While world leaders continue all efforts to return to high rates of GDP growth, a growing list of visionaries around the world are collaborating to redefine economic objectives in a more meaningful and sustainable way. Former White House advisor Gus Speth has been at the forefront of new economic thought for decades (see his work at the The Next System Project). His prescription for change is not a bunch of economic mumbo-jumbo for boards and bankers. His ideas reach deep into the way…
Relocalization may be the most important strategy for minimizing climate change. According to Bill McKibben, “working as communities is the most important thing that we can be doing right now.” In this wide-ranging conversation about the sustainability of our civilization, McKibben shares his thinking about much more than climate change, including the fact that having “more” is not necessarily the key to our happiness. For a long time more and better were pretty much in the same direction….But sometime, and…
Robust economic growth has become the Holy Grail of public policy and politics. But some economists and many scientists have come to believe growth has become “uneconomic." Former World Bank Senior Economist Herman Daly explains this in terms we can all understand. The economy is a sub-system of a larger system. The larger system being the biosphere, the environment. The biosphere is finite, non-growing, materially closed. We get a flow of solar energy coming in, but it's not growing, either.…
“Gross Domestic Product has now become a fetish,” according to economist Raj Patel. Many undesirable things end up adding to GDP: wars, disease, and environmental destruction, for example. Meanwhile GDP fails to measure many desirable indicators of community health. It has led us to live in an ecologically and socially unsustainable fashion. Are you enjoying tapping the brightest minds on the planet? Want to continue to have this kind of access? Join the community of Conversation Earth fans pitching in…
Human civilization can thrive while living within sensible limits imposed by a finite system. “Renegade" economist Kate Raworth manages to tell the truth about what we’re getting wrong in economics, while at the same time inspiring activism and optimism. In this conclusion of a two-part interview, Kate finishes her list of seven fundamentals to achieving a healthy 21st century economy. Her recently published book, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, was called “brilliant, thrilling and revolutionary”…
What exactly are “think tanks” supposed to be thinking about? Are some of them part of a campaign to cast doubt on science when it could interfere with profits? Author Kerryn Higgs recounted the growth-seeking activities of the corporate world in her book, Collision Course: Endless Growth on a Finite Planet. Her research reveals think tanks, industry associations, and even university economics departments all play a role in advancing and preserving our society’s commitment to growth above all else, even…
We need to change the way we think if we want to extend the shelf-life of our civilization, according to Frances Moore Lappé, author of EcoMind: Changing the Way We Think and Diet for a Small Planet. In this 2017 conversation, Lappé explains some of the “thought traps” to avoid in order to effectively inspire transition from what she calls our “economy of destruction.” She also explains how democracy is much more than just a form of government; it is…
We’re not living on Earth as if we want to stay, observes Mike Nickerson. In our last episode, Mike Nickerson shared his vision for, and the joy of, making the cultural shift necessary for a sustainable human civilization. In this continuation of the conversation, we explore some of the forces keeping our system stuck in an unsustainable mode. Nickerson leads the Sustainability Project/7th Generation Initiative in Canada, a non-profit organization that collects, studies, develops and teaches ideas, information, technologies and…
How can policymakers be persuaded to abandon the most widespread public policy goal on Earth? In our last episode, Brian Czech explained that economic growth cannot be sustained perpetually on a finite planet. This episode continues that conversation with the conservation biologist and economics expert. Here, he explains why pro-growth economists proliferate, and offers his prescription for making the shift to a steady state economy. Brian Czech is founder and president of the Center for the Advancement of the Steady…