Culture Change
Search
17 November 2017
Home
Time to Stop Worshipping Economic Growth PDF Print E-mail
User Rating: / 8
PoorBest 
by Brent Blackwelder   
30 October 2015
Publisher's note: The modus operandi of Western Civilization has been expansion at any cost. The leaders and beneficiaries have exploited and oppressed the inferiors--one of whom was Mother Nature who seemed indestructible. Intelligent people have seen the dangers of rampaging industrial development, but seldom see Western Civilization or "growth" as the root issue. Even environmental organizations and "green" leaders put the economy first in their climate protection priorities: relying almost entirely on a technofix for an eventual "clean energy economy" through financing different industries than fossil fuels. Meanwhile, immediate curtailment of energy consumption is far quicker and more effective. We must counteract the inadvertent guardians of the status quo. - J L

There are physical limits to growth on a finite planet. In 1972, the Club of Rome issued their groundbreaking report--Limits to Growth (twelve million copies in thirty-seven languages). The authors predicted that by about 2030, our planet would feel a serious squeeze on natural resources, and they were right on target.

In 2009, the Stockholm Resilience Center introduced the concept of planetary boundaries to help the public envision the nature of the challenges posed by limits to growth and physical/biological boundaries. They defined nine boundaries critical to human existence that, if crossed, could generate abrupt or irreversible environmental changes.

The global economy must be viewed from a macro-perspective to realize that infringement of the planetary boundaries puts many life support ecosystems in jeopardy. Without functional ecosystems, the very survival of life forms, as well as human institutions, is put in doubt, including any economy. There is no economy on a dead planet!

Image
Planetary Boundaries, by F. Pharand-DeschÍnes, GlobaÔa

Scientists are concerned that we have already overstepped the boundaries on biogeochemical flows (nitrogen) and biosphere integrity (genetic biodiversity). (See image on Planetary Boundaries)

These boundaries apply to the economy because the economy is a wholly-owned subsidiary of the ecosystems that make life on earth possible. (Some understanding of ecology should be a prerequisite for an advanced degree in economics!) Scientists are concerned that we have already overstepped the boundaries on biogeochemical flows (nitrogen) and biosphere integrity (genetic biodiversity). Todayís global economy and the various regional and national economies regularly neglect planetary boundaries. Crossing a boundary is tantamount to crashing through a guardrail and plunging over a cliff. The blind encouragement of economic growth that does not respect these boundaries is setting up human civilizations for collapse. Two of the most harmful types of growth are ruthless and futureless.

Ruthless growth benefits a few at the top but does nothing for the middle class. One of the reasons that Bernie Sandersí presidential campaign has attracted larger and larger audiences is that he says the most crucial issue facing the United States is the gross discrepancy between the middle class and the billionaire class.

Futureless growth destroys resources, such as water, forests, fisheries, and farmland that will be needed by our children and grandchildren, and by wildlife. Futureless growth directly conflicts with common family values. We tell our children to save for the future rather than squander their money. We donít tell them to outspend their peers. We donít tell them to judge the quality of their lives based on material possessions and quarterly financial reports.

To remain within the nine planetary boundaries, nations must shed the fetish of economic growth and transition to a true-cost, steady state economy. Some of the critical transition steps include:

(1) Replacing the GDP as a measure of well-being (lots of work has been done on coming up with an index of sustainable productivity).
(2) Getting the Securities and Exchange Commission (SEC) to require corporations to disclose their pollution externalities (the SEC is not hopeless, as can be seen by its recent decision to require CEOs to publish their salaries along with those of the average workers at their companies).
(3) Going to a four-day work week to secure fuller employment (this has happened in some European countries; Canadian economist Peter Victor has papers on why this is a crucial transition step).
(4) Dematerializing the economy (i.e., so that itís cheaper to repair an appliance than it is to buy a new one).
(5) Identifying the areas in which the economy should grow--and those where it should shrink or degrow (i.e., the usage of fossil fuels must shrink sharply, and in so doing, roof-top solar will grow to become a much larger part of the global economy).
(6) Identifying the most heinous types of economic growth (ruthless and futureless) and showing how their costs exceed their benefits.
(7) Stabilizing population growth to keep humanity from further transgression of the nine boundaries.
There are about seven billion people on earth today, and forecasts indicate there will be nine billion by 2050. Already, almost one billion malnourished people are feeling the squeeze, as they painfully bear testimony to the truth of what Malthus predicted two centuries ago. Key first steps to stabilizing population in a progressive way are:
(1) Empowerment of women.
(2) Requiring all foreign assistance to be designed so that women will be better off as a result.
(3) Making contraceptives widely available.
Our global economy is treating the planet as if it were a business in a liquidation sale. Even environmental organizations--devoted to environmental protection--have been slow to acknowledge the major causes of environmental degradation, such as perverse economic incentives encouraging raw resource extraction and non-renewable energy use. We need environmental leaders to speak out for a new, just, and true-cost economy; and to challenge the mindless embracing of economic growth--even ruthless and futureless growth. Environmental leaders should be driving the push toward refocusing economic thinking on the changes that we will have to make if we are going to move to a healthier economy that exists within the nine planetary boundaries. Only if humanity stays within these nine boundaries can it continue to develop and thrive for generations to come.

* * * * *

From The Daly News, 28 Oct. 2015

Image
Brent Blackwelder

Brent Blackwelder is president emeritus of Friends of the Earth - U.S. He has had other fine articles on CultureChange.org.

Comments (4)Add Comment
It’s not that I’m pessimistic; however, in my opinion, those ideas are simply utopia. Cigarettes are dangerous for health, but can any authority/country prevent people from smoking?
setiyo
report abuse
vote down
vote up

Votes: -2
Yes, this article is Utopian! We need more Utopian thinking, more questioning of the miserable status quo, more using our heads for something other than selfies and resting places for cell phones.

Understanding the necessity of a steady state human economy is not only Utopian, it is pragmatic and ultimately practical. No other species lives beyond its means, consumes more than its share of resources, grows beyond the bounds of natural limits and cycles of resource availability.

It's time for humans to grow up and starting acting as if we are part of the natural world, not separate and apart from it. There's no god sitting up nights to admire his handiwork, no supreme being to give humans special dispensation to dominate the world and bend it to our personal desires.

It's long past time to take our rightful place as partners in this world, alongside of all life, not above. Our present path is bankrupt.

When you're standing at the edge of the abyss, with your toe hairs flapping in the breeze, it's time to take a step back. Or, if you don't like that, turn around and take a step forward.

The whole world is waiting for us to join up and pull our own weight.

Michael A. Lewis
Twixt Arana Gulch and Leona Creek
Michael A. Lewis
report abuse
vote down
vote up

Votes: +4
"No one could exceed my cynical view of humanity but I also could not agree with the writer and Mr. Lewis more. Whether the human species wakes up and grows up is yet another question. The jury is out on that one. Let's hope we humans are smart enough to save our own behinds, not to mention all the wondrous life with which we share the planet." - from Ron Landskroner, who had technical trouble posting this comment directly.
JanLundberg
report abuse
vote down
vote up

Votes: +1
The issues are critical, and the empowerment of women is interesting. Nevertheless, even women need to be oriented towards the necessary understandings, like mental health, ecological literacy, and social/solidarity ecological economics.

Just shopping in health / natural food stores, and then getting into a food co-op meant that I lived in a different world from most supermarkets, and that had lots in common with farmers markets. These are approaches like those Francis Moore Lappe has talked about, along with Vandana Shiva, all being approaches expanding on efforts by Ralph Nader, Gloria Steinem, and so on from years ago.
Mark RegoMonteiro
report abuse
vote down
vote up

Votes: +0

Write comment
smaller | bigger

busy
 
< Prev   Next >

Culture Change mailing address: P.O. Box 3387, Santa Cruz, California, 95063, USA, Telephone 1-215-243-3144 (and fax).
Culture Change was founded by Sustainable Energy Institute (formerly Fossil Fuels Policy Action), a nonprofit organization.
Some articles are published under Title 17 U.S.C. Section 107. See Fair Use Notice for more information.