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"The greatest shortcoming of the human race is our inability to understand the exponential function."

For those who prefer to read the information:

https://www.albartlett.org/articles/art_forgotten_fundamentals_overview.html

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So, I just came across the real, working model of a functional #degrowth economy, using negative interest rates as a key driver.

This is really happening in Spain!

And could be replicated anywhere.

Super interesting.

#ekhilur

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The Evolution of Modernity (www.resilience.org)
submitted 2 months ago by [email protected] to c/[email protected]

The human world of the early 21st century is dominated by science, cities, and high technology. However, both our modern way of life and our way of thinking about the world sprang up only within the past several centuries. Compared to our hunter-gatherer forebears, we might as well be from another planet.

Most people who live in industrialized nations now believe that humans are superior to the rest of nature. It is assumed that by using science and reason, along with giant helpings of technology, we can banish scarcity and ignorance. Modernity is thought to be the implicit goal of billions of years of biological evolution.

However, in the last few years a critical discourse about modernity has emerged in books, blogs, and academic literature. For these authors, modernity is the cause of the current polycrisis and the impending Great Unraveling. Modernity is likely to comprise a brief and intensely destructive moment in Earth history, because the way we live is unsustainable not just in its details, but in its inherent design.

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Author is Tadzio Müller

To be sure, this concept has come under convincing criticism, inter alia from the left – firstly, of course, it is not "man" who is in charge, but very specific people, mostly rich, mostly white, mostly male; and secondly, it is not man "as such", but “man on capitalist steroids” who exploits the earth – but it has prevailed against much weaker competition, such as "capitalocene" (my term will of course suffer the exact same fate, but there's no harm in trying ;)), because it articulates a widespread affect, with Freud, a "discontent within the culture", a kind of repressed collective awareness, something like: "Wow, ok, right, we're charge, and, holy crap, are we fucking up this 'world domination' thing." The Anthropocene is thus not only the age of "human" causal and ecological dominance, it is also the age of “repressed failure" of those who were in any relevant way “deciders”. We're in charge, we know that our fossil capitalist mode of production and our imperial mode of living is an ethical disaster, we know what the rational and ethical choice would be (I dunno, let's call it global degrowth communism) - and yet we are entirely incapable of making that choice, of taking that path, of changing our “normal-and-yet-insane”, deeply fucked-up collective behaviour.

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In der Wissenschaft herrscht inzwischen eine große Einigkeit, dass Wirtschaftswachstum an sich kein sinnvolles wirtschaftspolitisches Ziel ist. Denn Wirtschaftswachstum kann immer nur Mittel zum Zweck sein. Meistens sind die Zwecke (Voll-)Beschäftigung, höheres Einkommen, mehr privater Konsum oder höhere Staatseinnahmen. Es geht also nie um Wirtschaftswachstum per se, sondern darum, was mit Wachstum gesamtgesellschaftlich erreicht werden kann.

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submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

cross-posted from: https://lemmy.world/post/27088982

This book is creating quite a buzz. See the basics and one review among many.

People being what they are, there's no doubt that this is an election-winning agenda for the Democrats. And the authors are both very serious people. I'm reluctant to write off Ezra Klein, who IMO is not just very smart but also circumspect and fair-minded.

But all this also looks to me like an advanced case of deluded wishful thinking. Or of "cornucopian economics", as EO Wilson called it.

What to conclude?

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cross-posted from: https://lemmy.sdf.org/post/31246617

Archived

Authorities and environmentalists in Zambia fear the long-term impact of an acid spill at a Chinese-owned mine that contaminated a major river and could potentially affect millions of people after signs of pollution were detected at least 100 kilometers (60 miles) downstream.

[...]

The collapse allowed some 50 million liters of waste containing concentrated acid, dissolved solids and heavy metals to flow into a stream that links to the Kafue River, Zambia’s most important waterway, the engineering institution said.

“It is an environmental disaster really of catastrophic consequences,” said Chilekwa Mumba, an environmental activist who works in Zambia’s Copperbelt Province.

China is the dominant player in copper mining in Zambia, a southern African nation which is among the world’s top 10 producers of copper, a key component in smartphones and other technology.

[...]

Zambian President Hakainde Hichilema called for help from experts and said the leak is a crisis that threatens people and wildlife along the Kafue, which runs for more than 1,500 kilometers (930 miles) through the heart of Zambia.

Authorities are still investigating the extent of the environmental damage.

[...]

The [Zambian] Ministry of Water Development and Sanitation said the “devastating consequences” also included the destruction of crops along the river’s banks. Authorities are concerned that ground water will be contaminated as the mining waste seeps into the earth or is carried to other areas.

[...]

Discontent with Chinese presence

The environmental impact of China’s large mining interests in mineral-rich parts of Africa, which include Zambia’s neighbors Congo and Zimbabwe, has often been criticized, even as the minerals are crucial to the countries’ economies.

Chinese-owned copper mines have been accused of ignoring safety, labor and other regulations in Zambia as they strive to control its supply of the critical mineral, leading to some discontent with their presence. Zambia is also burdened with more than $4 billion in debt to China and had to restructure some of its loans from China and other nations after defaulting on repayments in 2020.

A smaller acid waste leak from another Chinese-owned mine in Zambia’s copper belt was discovered days after the Sino-Metals accident, and authorities have accused the smaller mine of attempting to hide it.

Local police said** a mine worker died at that second mine after falling into acid and alleged that the mine continued to operate after being instructed to stop its operations by authorities**. Two Chinese mine managers have been arrested, police said.

Both mines have now halted their operations after orders from Zambian authorities, while many Zambians are angry.

It really just brings out the negligence that some investors actually have when it comes to environmental protection,” said Mweene Himwinga, an environmental engineer who attended the meeting involving Zhang, government ministers, and others. “They don’t seem to have any concern at all, any regard at all. And I think it’s really worrying because at the end of the day, we as Zambian people, (it’s) the only land we have.”

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submitted 2 months ago by [email protected] to c/[email protected]

We are excited to invite you to the Online Degrowth Movement Assembly, a space for collective reflection, exchange, and action-oriented discussions to strengthen the degrowth movement

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A Degrowth Economy Explained (explore.degrowth.net)
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Degrowth is a noble ideal to strive for, and it would certainly mitigate a lot of our current problems if implemented. However, I fear that it is an ideal that can be adopted by the few but not the many. Growth, progress and personal ambition are inherent human traits - it may not be the case for all people, but it is certainly evident in today's society and many societies that have come before. In my opinion, we need solutions and frameworks that most (if not all) personalities can exist within. I worry degrowth is wishful thinking, and would love to hear your thoughts.

All of that said - I believe it is a very worthwhile thought exercise and even if all degrowth principles cannot be implemented, some can and that is what matters.

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  • New research concludes that humanity would benefit more if it aims for ecological sustainability and stays within the limits of what Earth can provide, rather than pursuing relentless growth.
  • The success of capitalism depends on the push for growth, which requires the use of resources and energy, and comes at the cost of ecological damage.
  • Economists have proposed alternatives that focus on staying within a set of planetary boundaries that define the safe operating space for humanity.
  • The review, published in the journal Lancet Planetary Health, draws on more than 200 resources from the scientific literature.
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Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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