As the world has urbanized rapidly since 1950, per capita carbon footprint has declined, and so has carbon intensity in economic output, defined as the amount of energy used to produce a unit of economic growth. But gross material throughputs and greenhouse gas production during this same period skyrocketed. Global natural capital – fisheries, topsoil, freshwater supply, […]
A Degrowth Perspective on the Coronavirus Crisis
The coronavirus (covid-19) has caused upheaval across the world, deaths of the most vulnerable, closed borders, financial market crashes, curfews and controls on group gatherings, and many more devastating effects. Despite observations that pollution and emissions have reduced, the sudden, un-planned, and chaotic downscaling of social and economic activity due to covid-19 is categorically not […]
5 ways coronavirus could help humanity survive the ecological crisis
The human tragedy of the coronavirus is immense. Thousands have died, hundreds of thousands have been infected globally, and millions more have been affected. Whilst infectious disease has always been a part of the human experience, the expansion of industrial civilization has inexorably amplified the risk of new diseases. Uncontrolled industrial expansion also dangerously heats […]
Iowa, Pseudo-Events, and Hyperreality
The Iowa caucus affair last night was a masterclass in hyperreality. The relevant facts are as follows. It was the long-anticipated kickoff to the primary season in an ever-expanding election cycle that now seems more or less co-terminous with the president’s four-year term. Iowa has an outsized place in this process, as it traditionally holds […]
Dammed Good Questions about the Green New Deal
Hydroelectric power from dams might be the thorniest issue that proponents of the Green New Deal (GND) have to grapple with. Providing more energy than solar and wind combined, dams could well become the key backup “renewable” if it otherwise proves impossible to get off of fossil fuels fast enough. Rivers and lakes are an […]
Step Aside Agribusiness: It’s Time for Real Solutions to the Climate Crisis
The recent UN Climate Action Summit was tricky for agribusiness CEOs. With forest fires raging in the Amazon, a damning new report about the food system by the International Panel on Climate Change (IPCC), and millions of young people out in streets clamoring to shut down fossil fuels and factory farming, it wasn’t easy for […]
Local is Our Future
[The following is an excerpt from the first chapter of Local is Our Future: Steps to an Economics of Happiness, a new book by Helena Norberg-Hodge, published by Local Futures in July 2019.] For our species to have a future, it must be local. The good news is that the path to such a future […]
Economics 101 and Ecological Collapse
“The collapse of our civilisations and the extinction of much of the natural world is on the horizon.” – David Attenborough Today’s economics, especially Economics 101, is a major source of humankind’s denial of the possibility of the calamity of all calamities, which our economy is engineering. Annually, millions of students around the world are […]
Growthism: its ecological, economic and ethical limits
We have many problems – poverty, unemployment, environmental destruction, climate change, financial instability, etc. – but only one solution for everything, namely economic growth. We believe that growth is the costless, win-win solution to all problems, or at least the necessary precondition for any solution. This is growthism. It now creates more problems than it […]
How bad is global inequality, really?
Most everyone who’s interested in global inequality has come across the famous elephant graph, originally developed by Branko Milanovic and Christoph Lakner using World Bank data (see below). The graph charts the change in income that the world’s population have experienced over time, from the very poorest to the richest 1%. We can update the […]
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