In our global system in Europe and the United States, you can't send a material amount of wealth without running into something called a functionality threshold. Around a few percent, the functionality happens to drop from 95, 94, 93 to 20 or zero. So there is a metabolism. There is Cleber's law, power laws, the maximum power principle. These things, natural biological scaling laws, these things can be applied to human systems. And you can't just disrupt that volitionally. Lastly, I would just like to congratulate and support the people at this conference, because despite some of the naivete's I've pointed out, it's the only game in town. They are exploring this
On this Frankly, Nate reflects on the Beyond Growth Conference held at the European Parliament, including the stunning public acknowledgement by EU President that a growth model based on fossil fuels is now obsolete. In the context of this growing and relevant conversation, Nate unpacks what the degrowth movement is getting right, but also what is missing from the conversation. Is it possible to purposely navigate from our current system to one with lower energy and material wealth? How does a large and growing global debt overhang impact this possibility? Is a transfer of wealth between nations feasible or even desirable based on realistic outcomes? In any case, as to the inevitability of a post-growth world, the degrowth conversation needs to be expanded. It’s the primary movement mapping out what a desirable destination might look like as we move through a Great Simplification.
Watch on Youtube: https://youtu.be/JYbIsXoBg70
For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/31-reflections-on-beyond-growth