Posts Tagged ‘Economic Growth’

George Monbiot on the G20 and Peak Oil

From today’s Guardian – “G20 forgets the environment“:

“We, the Leaders of the Group of Twenty, will use every cent we don’t possess to rescue corporate capitalism from its contradictions and set the world economy back onto the path of unsustainable growth. We have already spent trillions of dollars of your money on bailing out the banks, so that they can be returned to their proper functions of fleecing the poor and wrecking the Earth’s living systems. Now we’re going to spend another $1.1 trillion. As an exemplary punishment for their long record of promoting crises, we will give the IMF and the World Bank even more of your money. These actions constitute the greatest mobilisation of resources to support global financial flows in modern times.

Oh – and we nearly forgot. We must do something about the environment. We don’t have any definite plans as yet, but we’ll think of something in due course.”

Tragically accurate. Doesn’t that just sum it up?


Benefits of Descent: More doesn’t equal Better

This is a fascinating, challenging article by Bill McKibben that does make me feel a lot better about the challenges facing us, and our children, in a world with less available energy:

I’m not entirely sure I fancy a return to a “Little House on the Prairie” lifestyle, but there are some really good points about us having over-shot the point where increasing growth is making us happier. As someone who is enjoying using Freecycle to declutter our house ready for our relocation, this really suits my current mood. We’ve only been here almost 9 years, but we’ve collected a huge amount of stuff. It makes me realise we really need to pause – stop and rethink – everytime we pull out a credit card. Going to keep that thought in my mind as we start to fill our new house with stuff!

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