6min chapter

The Great Simplification with Nate Hagens cover image

Kate Raworth: "The Superorganism V. The Doughnut"

The Great Simplification with Nate Hagens

CHAPTER

The Global North and the Global South: A Wealth Transfer?

I think we evolved with material equality because we didn't have any energy surplus. And now this energy carbon pulse has created this just series of multiple scale power laws. Do we need to change the prices and the cultural aspirations before such a wealth transfer would take place? Because if we keep the same GDP as our goal, prices are at the cost of extraction, not their real value. If we do a simultaneous wealth transfer within countries and between countries to the global south, wouldn't that in itself accelerate some of the exceedings of the planetary boundaries? I think so.

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