Recorded July 30th, 2023
Description
In Part 3 of this Frankly Series, Nate (just after watching the movie Oppenheimer!) breaks down the logic of how we COULD arrive at a post-growth future. Our global situation is complex and not static – IF we somehow are able to shrink the global economic output (which would imply significantly less oil use) we first have to navigate ‘the 4 Horsemen of the 2020s’. Nate outlines 10 possible avenues for how this could happen, not as a prescription but as a description of various possible scenarios. The implications of the complexity of our global systems means a path to a world without our current dependence on growth will not be an easy one. Yet understanding these hurdles between our current situation and an eventual post-growth future is essential to shifting the initial conditions of such a global transformation towards ‘better-than-the-default’ outcomes. How do impending and converging risks narrow our options for ways to move towards a different global system – and can we manage to protect the things that make life worth living?
Show Notes
00:00 – Just Stop Oil !? Part 1 + Part 2
00:07 – Oppenheimer
00:50 – Post-growth
01:20 – Reality Roundtable
03:10 – Mordor Economy
03:20 – The Great Simplification
06:16 – Carbon Pulse
06:22 – The monetary system and it’s claim on real resources
09:08 – Nate on Geopolitics and Resource conflicts
09:50 – 6 continent supply chain
09:59 – The average supermarket has 100,000 SKU products
10:14 – Comparative Advantage
10:49 – 85% of US medical ingredients are imported
11:10 – Social contract
11:38 – Dick Gephardt + TGS Episode
11:55 – Just Stop Oil
12:05 – Degrowth
12:15 – Renewables will not be able to fully support the growing global energy needs
12:44 – We are hitting an all time high of coal use
13:00 – Renewables are only adding to the grid, but not reducing totally energy use or carbon emissions
13:30 – ⅔ of our emissions are from fossil fuels
14:49 – Jevons Paradox
15:47 – Japan buying 50% of their own government bonds and stocks
17:36 – Untax.org
19:19 – Buckminster Fuller – We’re not going to change the existing situation unless we have something better to look forward to
22:22 – Spite Frankly
More: Global Debt Levels Put Economies And Countries At Risk | Global Finance Magazine (gfmag.com)
