The Great Simplification with Nate Hagens cover image

The Great Simplification with Nate Hagens

Growth Until Not | Frankly #7

Sep 9, 2022
22:32
Snipd AI
The podcast discusses the concept of the end of growth and the importance of mindset and behavior change. It explores the drawbacks of green growth and the challenges of maintaining economic growth. The unrealistic goals of reducing emissions and the tie between economic growth and environmental damage are also discussed. The concept of equality and the feasibility of green growth are questioned, along with the need for intervention to prevent disaster. The chapter also emphasizes the need for a change in mindset to mitigate potential crises in the financial and currency systems.
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Podcast summary created with Snipd AI

Quick takeaways

  • The podcast discusses the importance of recognizing a third scenario, the end of growth, as a critical aspect that should be included in discussions about de-growth and green growth.
  • The limitations of the green growth narrative are highlighted, including the drawbacks of GDP per capita as a measure of progress, the failure of technological innovations to effectively reduce emissions, and the finite availability of low-cost energy.

Deep dives

The End of Growth: A Third Scenario

In this podcast episode, the speaker reflects on a debate about de-growth and green growth, highlighting the absence of a third scenario: the end of growth. The speaker argues that growth will eventually come to a sharp decline, despite the prevailing narratives of green tech-driven and democratically reduced production. This decline will lead to a significant impact on the size of economies, empowering individuals and communities to change their mindset and behaviors. The speaker also critiques the green growth narrative, highlighting the limitations of GDP per capita as a measure of progress and the adverse relationship between growth and climate change. Furthermore, the speaker argues that the complexity of the global economic system, coupled with financial and environmental issues, complicates wealth transfers and quick fixes.

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