One of the more puzzling features of modern life is the starkly contrasting visions of humanity’s near-term future. Watch thirty minutes of commercial-filled TV and you get a cheery sense that all is well in the world. A BMW, an anti-depressant, or a Caribbean vacation—these will ensure ever greater happiness.
At the same time, a 2021 poll in ten countries found that four in ten young people are hesitant to have children because of the climate crisis.
Something new and troubling is happening as economies grow across much of the globe. In contrast to prior decades, when human health improved as global GDP swelled, the link to health progress has been broken. No longer is economic growth delivering a health dividend, it seems.
Meanwhile, another metric, the health of the environment, has continued to deteriorate with economic growth. We now face a “ghastly” global environmental crisis,
Limits to growth are all around us. Global heating, resource shortages, and biodiversity collapse are linked at the hip with stagnating productivity, inflation, and crippling debt. Little by little, citizens and politicians are waking up to ecological limits and the economic linkages.
The awakening is painfully slow for those who have long lamented society’s obsession with growth. After all, economic growth entails a growing human population and ecological footprint,
Inequality threatens people and planet alike. Billions struggle to make ends meet while a tiny minority grows fabulously wealthy. At the same time, the conspicuous consumption of the wealthy and the waste they generate takes an enormous environmental toll. The intertwining of social and environmental damage suggests that standard fixes for inequality are inadequate.
Herman Daly thought that waste from the wealthy could not be ended through redistributive taxation alone.
The merits and proper uses of GDP—gross domestic product—have been debated with increasing frequency and intensity in recent years. Neoclassical economists continue to view a growing GDP as the sign of economic success and even social health. Conversely, ecologists who have studied the issue view a growing GDP as an alarming indicator of unsustainability at this point in history.
Meanwhile, a growing number of individuals and organizations in the post-growth community have proposed to eliminate GDP altogether,
Artificial Intelligence, or AI, is attracting great attention as working AI systems become accessible to the public. The AI claim is that it can digest the mass of knowledge that humanity has made public, then perform cognitive tasks with that knowledge or answer questions with speed and accuracy. This has many implications, some potentially worrisome. But when AI works well, it can serve up some interesting “truths.”
While AI does not generate authoritative or definitive information—you wouldn’t bet your savings on its output—my sense is that its findings often deserve a hearing.
On a scale of one to ten, COP15—the UN Biodiversity Conference in Montreal last month—was a solid five. That may not sound like a ringing endorsement, but it represents significant progress from prior COPs, which dabbled along in the one or two range for the better part of three decades. The progress was evident from the start, when UN Secretary General António Guterres kicked off the conference by noting,
Steady staters live with the reality that economic growth is unsustainable. It can continue for only so long before Nature will no longer support it. Therefore, we call for stabilization—the steady state economy—rather than growth. In particular, population and per capita consumption must be stabilized. Of the two, population is the most fundamental aspect of stabilizing the economy and its ecological footprint.
The population of a country is determined by births,
Every year we are inundated with a mountain of content advising us on how to have a low impact or psychologically healthy Christmas, complete with the latest juicy and disturbing figures from our laughably inefficient economy. Caught in a matrix of overbearing social obligations, financial and employment pressures, and the imminent collapse of our life support systems, the proliferation of these articles is a welcome sign.
On July 30 the Genuine Progress Indicator (GPI) Act was introduced in Congress by U.S. House Representative Ilhan Omar (D-MN). The GPI would indicate the net benefit of economic activity, as an alternative to Gross Domestic Product (GDP). It would be used in the economic and budgetary reporting of federal agencies and government offices.
For me, the timing was remarkable, as July 30 was the very day I signed on with CASSE.