Katy Shields, a reporter and producer of the 'Tipping Point' series, teams up with Vegard Beyer, a communications strategist and co-producer, to delve into the seminal work of Donella Meadows and her MIT team. They explore the warnings from 'The Limits to Growth' about the consequences of endless economic growth on a finite planet. The discussion touches on the historical backlash the study faced, the urgent need for sustainable practices, and innovative concepts like 'donut economics' to challenge entrenched economic paradigms.
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Fullerton's Transformation
John Fullerton, a former J.P. Morgan executive, had a transformative experience after 9/11.
Reading The Limits to Growth significantly impacted his perspective on capitalism's destructiveness.
insights INSIGHT
Growth on a Finite Planet
The Limits to Growth challenges capitalism's dependence on endless growth.
It questions the feasibility of infinite expansion on a finite planet.
question_answer ANECDOTE
Meadows' Journey
Donella Meadows, a biophysicist, and her husband Dennis, a computer scientist, embarked on a life-changing trip to Asia in 1969.
Witnessing poverty and environmental degradation firsthand transformed Donella's worldview.
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In *Doughnut Economics*, Kate Raworth presents a new economic model that combines the concept of planetary boundaries with social boundaries. The 'doughnut' framework aims to ensure that no one falls short on life's essentials while preventing the overshoot of Earth's life-supporting systems. Raworth argues for a shift from growth-at-any-costs mentality to an economy that prioritizes human and planetary well-being, drawing on diverse schools of thought including ecological, behavioral, feminist, and institutional economics. The book offers seven key ways to reframe economic thinking for the 21st century, emphasizing the need for economies that are regenerative and distributive by design.
The Limits to Growth
Donella Meadows
Jorgan Randers
The book, commissioned by the Club of Rome, uses the World3 computer model to simulate the consequences of interactions between human systems and the Earth. It examines five basic factors: population increase, agricultural production, nonrenewable resource depletion, industrial output, and pollution generation. The authors conclude that if current growth trends continue, the Earth's resources will be depleted, leading to a sudden and uncontrollable decline in population and industrial capacity. However, the book also offers a message of hope, suggesting that forward-looking policy could prevent such outcomes if humanity acts promptly to reduce inefficiency and waste.
Silent Spring
Rachel Carson
Published in 1962, 'Silent Spring' by Rachel Carson is a seminal work in environmental science. The book documents the harmful effects of DDT and other pesticides on the environment, including their impact on bird populations, other wildlife, and human health. Carson argued that these substances should be called 'biocides' due to their broad impact on ecosystems. The book was serialized in 'The New Yorker' before its full publication and generated significant public and scientific debate. It led to a reversal in U.S. pesticide policy, the banning of DDT for agricultural use in 1972, and the establishment of the U.S. Environmental Protection Agency in 1970. Carson's work challenged the prevailing attitudes towards scientific progress and human control over nature, advocating for responsible and careful use of pesticides and highlighting the need for environmental stewardship.
Thinking in systems
A Primer
Diana Wright
Donella Meadows
This book introduces readers to systems thinking, a critical skill for 21st-century life. It explains how to understand and interact with complex systems, highlighting the importance of internal system structures and feedback loops. The book is divided into sections on system structures and behavior, the relationship between systems and humans, and strategies for creating change within systems. It aims to help readers develop a deeper understanding of systems to address global issues such as climate change, poverty, and social inequalities.
In 1972, a team of young scientists at MIT published a study exploring what would happen to human civilization if people kept pursuing endless economic growth on a finite planet. They weren’t just disbelieved, they were ridiculed. The story of Donella Meadows and The Limits to Growth.
Reported and produced by Katy Shields and Vegard Beyer, with co-hosts John Biewen and Ellen McGirt. Story editor: Loretta Williams. Archival audio of Donella Meadows, Dennis Meadows, Aurelio Peccei, Jay Forrester, and others. Interviewee: John Fullerton.Original music by Nora Beyer. Additional music by Michelle Osis and Lili Haydn. Music consulting by Joe Augustine of Narrative Music. "Capitalism” is a production of the Kenan Institute for Ethics at Duke University, in partnership with Imperative 21.
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