Fossil Fuel based growth has ended: This is the best place to learn about the future
It is difficult to get a man to understand something when his salary depends on his not understanding it. Upton Sinclair This is a deliberately short piece to make a simple point. The oncoming recession is not a temporary blip in the economy. Unlike past recessions, there can be no more growth to get us …
The following exchange of messages in Tim Morgan’s blog is both interesting and important. drtimmorgan on April 25, 2022 at 2:29 pm said: UPDATE I’ve been ‘missing in action’ for a week or so, partly finalising the latest version of the model (SEEDS 23), and partly upgrading systems. Apologies if you’ve been waiting for comments to be moderated, …
An interesting post by Richard Murphy and Danny Blanchflower with the heading: Is the Bank of England at risk of missing a major downturn again? …. who have been working together on their vision for the economic policy that the UK needs at present concludes that : We are likely to be in recession again, …
We have a problem. There are currently two fundamentally different understandings of the word “degrowth”. Jason Hickel’s view is that “Degrowth is a planned reduction of energy and resource use designed to bring the economy back into balance with the living world in a way that reduces inequality and improves human well-being.” A planned reduction …
Tim Morgan’s latest piece is worth reading. However, I wonder whether his perception is seen generally. The opening paragraphs introduce his idea, A new ‘heavenly body’ has entered the cosmology of political and corporate decision. This new influence is the emerging reality that the economy is turning out, after all, to be an energy system, …
First published in the Deep Transformation Network People have been getting poorer in most Western advanced economies since the early 2000s. With the same fate now starting to overtake emerging market countries too, global prosperity has turned down. One way of describing this process is “de-growth”. Tim Morgan We are well used to having a growth …
An example of what has become a discretionary market at today’s prices. A market that was essential in the post-WW2 era. https://www.bbc.co.uk/news/av/business-60762921
Why does the Government see global warming as a problem and not see degrowth as reality? Those of us who are committed to the idea that economic degrowth is unavoidable just cannot understand why intelligent powers-that-be will not even acknowledge that it is possible, let alone inevitable. The Mackinac Center for Public Policy provides a …
https://www.dailymail.co.uk/news/article-10595965/UK-facing-bigger-economic-shock-1973-oil-crisis-MPs-warn.html
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 …
Tim Watkins’ latest piece is good. He concludes that: “For government though, there is simply nowhere else to go. Having squandered the energy and resources of the planet, they can neither print nor cut their way to prosperity. The only choice that remains is the means by which the economy and the state shrivel.”
Symptoms of degrowth Facebook Twitter “UK car production plunged to its lowest level since 1956 last year as a shortage of semiconductor chips piled further pressure on an industry battered by the pandemic… “…the industry still faces a growing challenge from a surge in energy costs of up to 70%, according to the …
In a recent 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. I understand that thousands of management jobs going …
Tim Watkin’s latest post in his blog concludes that: In the coming economic crisis, the only question left to be answered is whether we voluntarily shrink our economy or whether we let a resource-depleted planet Earth do the job for us. The first will be unpleasant, the second a catastrophe.
Regenerative conversations exploring overshoot grief, grounding, and gratitude. These are worth spending time on. Mostly around an hour each. A post-doom mindset is a hard-earned and often fluctuating state of being. Classic stages of grief mark a well-worn path. However, mere acceptance of what is unavoidable need not be the endpoint. Michael Dowd (with occasional co-hosts) …