Fossil Fuel based growth has ended: This is the best place to learn about the future. In which localism prevails and power moves from the top-down to the grass-roots. Prosperity will decline and life will again be worth living.
On Monday 15 May, as EU policymakers gather for the first day of the landmark 2023 Beyond Growth conference at the European Parliament, over 400 experts call for political leaders to seize this opportunity to tackle interconnected social, environmental and political crises and embrace a wellbeing economy that allows humanity and the planet to thrive, …
New subscribers joining this blog who need convincing that the world economy is shrinking could not do better than read this post by Dr Tim Morgan in his Surplus Energy Economics blog. Tim sets out his interpretation of the interconnectedness of the economy, finance and the environment. To visit Tim’s post.
Quote from a discussion in Dr Tim Morgan’s blog on Surplus Energy Economicshttps://surplusenergyeconomics.wordpress.com/2023/11/10/265-explore-and-explain/ I have in front of me a wooden table dating from the 1980s. It’s solid, heavy, and if it ever gets to look too tatty I can just sand it down and paint it again. What good is that to the world’s …
How financialization heralds the end of the industrial age A piece published by The Honest Sorcerer: A critic of Modern Times – offering ideas for honest contemplation. Well worth reading at https://thehonestsorcerer.substack.com/p/financing-the-end-of-modernity Western neoliberal economies are on the brink of a steep economic decline. Barring an energy / productivity miracle a prolonged and deep recession …
How an elite clique of math-addled economists hijacked climate policy. Christopher Ketcham October 29 2023, 8:00 a.m. William Nordhaus, who turned 82 this year, was the first economist in our time to attempt to quantify the cost of climate change. His climate-modeling wizardry, which won him the Nobel Memorial Prize in Economic Sciences in 2018, …
First published in the RADIX thinktank Gross Domestic Product (GDP) is not all it seems. When I was employed by Liverpool City Council in the 1970s, amongst other things, I was responsible for traffic signals in the city. At that time, there was widespread trade union activity. It was important to who did what. I …
Copied from NE – nakedemperor.substack.com Naked Emperor is a newsletter on Substack by @nakedemperor. It covers topics such as corona and geo-politics with a mix of psychology, philosophy, law and ancient mysteries1. The author writes articles on a range of interesting topics including Covid, Politics, Finance, Science, Psychology, Philosophy, Technology and Ancient Mysteries I’m constantly looking for …
Tim Morgan has just published the first of two pieces about the future. Well worth reading.
In a discussion on Tim Morgan’s blog, he says: … de-layering is going to eliminate huge numbers of white-collar jobs, and lots of intermediate/intermediary businesses, though I doubt if even the biggest corporate players really understand this yet. Not a subject which is reported much. And yet layering was a key element of the growing …
About Doughnut Economics and much more Copied from Nate Hagens’s podcast The Great Simplification. _________________________________________________________________________________________ Nate’s Introduction Today, I am joined by the creator of Doughnut Economics, Kate Raworth, for a fantastic primer on the need for different economic measurements beyond the material wealth created by a society. As we expand further past planetary boundaries …
Copied from Dr Tim Morgan’s blog. The UK economy is, in my opinion, entering the long-predictable crash phase. Essentially there are two possible scenarios here. First, the aggregate burden of national or global liabilities just becomes so great that vertigo sets in, as people begin to realise that these liabilities cannot be honoured ‘for value’. …
by Richard Heinberg, originally published by Resilience.org June 15, 2023 Since the start of the COVID-19 pandemic, Russia’s invasion of Ukraine, and the resulting disruption of multiple global supply chains, policy think tanks have increasingly adopted the term polycrisis to signify humanity’s destabilized status quo. The World Economic Forum’s 2023 Global Risk Report uses the …
Green growth is an alternative to economic growth Most of us believe that the present recession will end. They always have done in the past. In a recent speech by President von der Leyen at the Beyond Growth Conference in the European Parliament on the 15th of May. She said: If we look back, a …
The President of the EU Commission has announced that “a growth model based on fossil fuels is obsolete.” Nate Hagens discusses this in his Great Simplification project. https://www.thegreatsimplification.com/frankly-original/31-reflections-on-beyond-growth Von der Leyen was speaking at a European Parliament-hosted event in Brussels entitled “Beyond Growth” whose main theme was how to reconcile economic development with environmental goals. …
Herefordshire Council’s land use planners have published a document that describes five different options for where growth should be in the county. They ask for views on their ideas. My comments are as follows: The Council’s Local Plan assumes never-ending economic growth. This is wishful thinking. Within a few years, it will be realised that …
