The momentum and metabolism of the financial overshoot, which is overlaid on top of ecological overshoot is going to snap back. There's going to be a 20 to 40% drop in the size of the economy in the not too distant future. I think ecological tax reform is an extremely important first step that we could as a society in theory take. We are still largely in ignorance about the nature of our dilemma," he says.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode