I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
That's circular economy at the purest level. More and more I think we need to degrow. It's not a question of starting the green economy. That should had happen years before now. We were informed by environmentalist about the limits of growth. Now we need to act fast on reducing unnecessary consumption and also unethical/unsustainable productivity.
Insects Are in Serious Trouble
31–40 of 168 posts
Re: Insects Are in Serious Trouble
#32I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
5% interest rate does not imply 5% business growth. Interest rate simply reflects the fact that people prefer $1 right now to $1 a year later. In this context banks are time machines, moving money through time (glossing over credit risk, inflation, and other complexities).
Re: Insects Are in Serious Trouble
#33I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
> He argued the tribe (sorry I don't remember its name) can fully sustain itself by taking things from nature around it. All their wealth is external. They possess little, but whenever they have a need for something - food, medicine, water, paint, clothes, containers(...) they go to a forest, harvest a specific plant and get it IMO, one of the biggest myths is the myth of the primitive but efficient savage. Its almos…
Re: Insects Are in Serious Trouble
#34I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
Oh come on. There were no investment banks in Soviet Russia yet the Soviets drove economic growth as hard as they could.
If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%.
So what? You can easily grow an economy without consuming more raw materials and a simple thought experiment will prove it: consider that you buy some paper and a pen and write a book. What is the economic value? Well it could be zero, or negative because you've wasted perfectly good paper and the time of everyone who read it. Or it could be billions because it's the next Harry Potter. But the raw materials consumed in the process are the same either way.
Re: Insects Are in Serious Trouble
#35I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
Re: Insects Are in Serious Trouble
#36Earlier quoted context omitted.
> Am I crazy for thinking that might be the case? I don’t know; but I wish they would be able to adapt so rapidly. Think how after thousands of years they still don’t understand they can’t fly through transparent glass.
Flying into transparent glass under their own power isn't something that kills an insect, so there won't be any selection mechanism at work. One of the other things to consider is the windshield/windscreen phenomenon[0]: > If you talk to people, they have a gut feeling. They remember how insects used to smash on your windscreen... > I used to have to wash my car all the time. It was always covered with insects. I sup…
http://southofthegnatline.blogspot.com/p/gnat-line-101_28.ht...
Re: Insects Are in Serious Trouble
#37Earlier quoted context omitted.
I like growth. I want to be wealthier or be able to work less (which is really just an aspect of being wealthier). I want everybody else to be wealthier too. I want my children to be better off than I am. The problem is growth without care for the consequences. Making some people wealthier at the expense of killing the planet is a bad plan. But I think that it goes too far the other way to turn around and say that gr…
I think one of the main problems is that GDP is used as the measure of national prosperity. GDP goes down when people decide to work less. Some kind of net wealth measurement would be much better parameter for a country to try and maximize. Include natural resources and the biosphere in that wealth. In this scheme taking oil from the ground and burning it would likely be a net negative on national wealth while using…
Re: Insects Are in Serious Trouble
#38I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
The self-sufficient tribe is romantic, and it worked once upon a time. I believe we're now 1-2 orders of magnitude away (in headcount) from the possibility of returning to the "sustainable tribe" stage.
Re: Insects Are in Serious Trouble
#39I think nothing will change as long as economic growth is understood as economic Good . Current economy can't work if there's no economic growth. Banks are among the biggest culprits. If banks lend money at a 5% interest rate, their customers must grow their businesses by 5%. A new, sustainable economy is needed. I think about it each time I see the Race for the Galaxy card. I've seen a radical example of this among…
The self-sufficient tribe is romantic, and it worked once upon a time. I believe we're now 1-2 orders of magnitude away (in headcount) from the possibility of returning to the "sustainable tribe" stage.
Re: Insects Are in Serious Trouble
#40Earlier quoted context omitted.
The self-sufficient tribe is romantic, and it worked once upon a time. I believe we're now 1-2 orders of magnitude away (in headcount) from the possibility of returning to the "sustainable tribe" stage.
So if population keeps growing, and the planet remains finite, the result will be scarcity of resources. Scarcity of resources produces wars.