Clarke’s fallacy

In an epoch when financial pundits insist that manipulating the arcane symbols we call “money” can materialize petroleum in the bowels of the Earth, and a sizable fraction of Americans seem to think that chanting “Drill baby drill” as a mantra can accomplish the same improbable feat, it’s probably past time to discuss the interface between magic and peak oil. The Archdruid plunges in where rationalists fear to tread, with one word of caution–that word “magic” may not mean what you think it means.

The quest for vision

For the longest time, I found it really difficult to imagine, create, or buy into a vision for the future. People would hand me thick folders full of their ideas and plans. Others would send me links and attachments. Some, often after screenings of our documentary, would tell me face to face what it was they were excited about. And many other visions and plans came across my radar just by virtue of my being connected into the Doomosphere™. But by and large, whether it was the relocalization movement, the biochar revolution, or the audacity of hope, whether any of these might be good ideas or not, I just couldn’t manage to really feel the excitement that so many around me appeared to be feeling.

New evidence for changing the nature of the global economy

This year’s disasters are sending a powerful signal that the time has arrived for a new economic framework. The current structure of markets puts the wrong prices on goods and services, because it neglects the ecological costs of producing them. This market failure is especially critical in the energy sector, where overconsumption of fossil fuels is driving climate destabilization.

How questioning economic growth left me feeling like a “Pilgrim from the 25th Century”

Economic growth is a glittering prize that it takes a big step to stand apart from. To be the first person in any given situation to question it as an assumption is to risk being seen in the same way the Magic Band were at Heathrow Airport in 1968. While the reflections and discussion in the limited question time at the end of the evening showed that many people in the audience shared these concerns, sat on the panel I felt increasingly like Beefheart’s “pilgrim from the 25th century”. Yet it is vital that we continue not to just question this shared assumption, but that we propose imaginative yet entirely workable alternatives, ones that actually tick more of the desired boxes than what is currently being proposed does.

Agriculture with a future comes to dinner

A Thought Experiment: Due to a combination of crises – maybe a volcano explosion, the penetration of Ug99 into the main of the world wheat crop, drought in many of the world’s grain growing regions, zombie invasion etc… (it doesn’t really matter), the Global North experiences a catastrophic failure of its staple crops. All of a sudden grain supplies drop like a stone, and there are virtually none to be had in the market. No bread, no rice, no soybeans or corn – none of those products are available in the markets.

Sustainable shrinkage: envisioning a smaller, stronger economy

More than two decades after the Brundtland Report, it’s past time to abandon this linguistic sleight of hand and rally around a new, shocking but this time realistic slogan: sustainable shrinkage! Within this new perspective, we can get on with saving species, restoring wastelands, improving efficiency, putting our life-support systems on sustainable bases—in short, finding solutions. But we’ll do so with a new urgency and clarity, conscious that if we are to survive on our little planet in some reasonably civilized way, human activity (and its impacts) must shrink. If we don’t shrink it, Gaia will shrink it for us, catastrophically.
(Ernest Callenbach is author of the prescient novel Ecotopia.)

The social-democratic illusion

Social-democracy had its apogee in the period 1945 to the late 1960s. At that time, it represented an ideology and a movement that stood for the use of state resources to ensure some redistribution to the majority of the population in various concrete ways: expansion of educational and health facilities; guarantees of lifelong income levels by programs to support the needs of the non-“wage-employed” groups, particularly children and seniors; and programs to minimize unemployment. Social-democracy promised an ever-better future for future generations, a sort of permanent rising level of national and family incomes. This was called the welfare state. It was an ideology that reflected the view that capitalism could be “reformed” and acquire a more human face. … The social-democratic solution has become an illusion. The question is what will replace it for the vast majority of the world’s populations.

European debt crisis and sustainability

Humans seem to be reaching a new bottleneckrelated to oil limits and financial crises that grow out of these oil limits, with the current example being the European Debt Crisis. Depending how this and other debt crises work out, it seems possible that human population will decline. If this should happen, it could lead to a reduced problem with species extinction.

Adam Smith got it way, way wrong!

I love the way John Michael Greer’s latest book, The Wealth of Nature, opens, with a good skewering of the premise on which the modern pseudo-science of economics depends. Exposing 18th century philosopher Adam Smith’s thinking in The Wealth of Nations as flawed, Greer goes on to explain what Smith missed, why it’s important, and how we can turn the error in history around. (book review)

A new view of work

In the “empty world” of the past, hard work was a public good with few negative externalities on society. In today’s “full world,” work has become a common-pool resource, vulnerable to over-exploitation. In the absence of social or cultural norms to take care of this common-pool resource, governmental intervention is the best option for preventing market failure and encouraging an optimal amount of work. Unfortunately, our work ethic is worsening the situation.

Gross National Happiness

One factor that is increasingly being cited as an important economic indicator is happiness. After all, what good is increased production and consumption if the result isn’t increased human satisfaction? Until fairly recently, the subject of happiness was mostly avoided by economists for lack of good ways to measure it; however, in recent years, “happiness economists” have found ways to combine subjective surveys with objective data (on lifespan, income, and education) to yield data with consistent patterns, making a national happiness index a practical reality. From Richard’s new book The End of Growth.