The Great Simplification with Nate Hagens

Nate Hagens: "Episode 100 - The Great Simplification” (Interviewed by Kate Raworth)

Dec 6, 2023

Nate Hagens is interviewed by Kate Raworth, reflecting on the past two years of podcasting and exploring fundamental concepts to better understand trends and challenges. Topics include energy blindness, the metacrisis, future challenges, the great simplification, resistance to combat climate change, bending the finance system, modern monetary theory, changes in education, and embracing change.

02:08:56

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Episode guests

Nate Hagens

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Quick takeaways

Reassessing our current model of growth and prioritizing long-term sustainability over short-term gains is essential for bending the finance system.

Transitioning towards renewable and sustainable energy sources is crucial for bending the energy sector.

Moving away from our current obsession with constant growth and GDP as the primary measure of success is necessary for bending the economy.

Fostering social change and collective action is crucial for bending societal norms and behaviors and reshaping societal values towards a more sustainable and equitable future.

Deep dives

Finance

To bend the finance system, we would need to reassess our current model of growth and prioritize long-term sustainability over short-term gains. This would involve incorporating environmental and social factors into financial decision-making, supporting sustainable investments, and promoting transparency and accountability in the financial sector. Additionally, it would require reevaluating the role of debt and credit in our economy and finding ways to reduce our dependence on fossil fuels and resource-intensive industries.

The Mordor Economy

01:30

Four Horsemen of Change: finance, geopolitics/War, complexity and social contract

03:23

How to change the financial system

02:37

The Minsky Moment and Credit Crisis

00:35

Introduction

3min

A Special Interview with Nate Hagens

2min

Energy Blindness and Societal Implications

12min

Understanding the Metacrisis: Interconnected Global Issues

2min

The Four Horsemen and Navigating Future Challenges

5min

The Great Simplification and the Collapse of Complex Civilizations

29min

The Resistance and Intention to Transform Global Emissions

21min

Exploring the Possibility of Bending the Finance System

5min

Discussing Currency Theorists and Modern Monetary Theory

5min

10.

Appreciation for the Interviewer's Approach and the Value of Respectful Disagreements

2min

11.

The Need for Changes in Education

30min

12.

Shifting Perspectives and Embracing Change

13min

On this special 100th episode, Nate is interviewed by his friend and colleague in the metacrisis space, Kate Raworth. The conversation is a reflection on the past two years of podcasting – and how Nate’s worldview has evolved because of it. What fundamental concepts could help us better understand the trends happening around us and the potential futures they point to? With so many moving pieces, how can we begin to create a coherent story of the world around us and - even more difficult - start preparing responses to coming challenges? What should individuals aware of these converging crises be thinking about in order to prepare themselves, their families, and their communities for a materially smaller future?

About Nate Hagens

Nate Hagens is the Director of The Institute for the Study of Energy & Our Future (ISEOF) an organization focused on educating and preparing society for the coming cultural transition. Allied with leading ecologists, energy experts, politicians and systems thinkers, ISEOF assembles road-maps and off-ramps for how human societies can adapt to lower throughput lifestyles. Nate holds a Masters Degree in Finance with Honors from the University of Chicago and a Ph.D. in Natural Resources from the University of Vermont. He teaches an Honors course, Reality 101, at the University of Minnesota.

About Kate Raworth

Kate Raworth describes herself as a renegade economist focused on making economics fit for 21st century realities. She is the creator of the Doughnut of social and planetary boundaries, and co-founder of Doughnut Economics Action Lab, based on her best-selling book Doughnut Economics: 7 Ways to Think Like a 21st Century Economist. Kate is a Senior Associate at Oxford University’s Environmental Change Institute, where she teaches on the Masters in Environmental Change and Management. She is also Professor of Practice at Amsterdam University of Applied Sciences. She is a member of the Club of Rome and currently serves on the World Health Organisation Council on the Economics of Health for All.

Watch on YouTube: https://youtu.be/GocuMZX3hIs

Learn more, and show notes: https://www.thegreatsimplification.com/episode/100-nate-hagens

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The Great Simplification with Nate Hagens

Nate Hagens: "Episode 100 - The Great Simplification” (Interviewed by Kate Raworth)

Episode guests