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Economics in an Ecovillage Future

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Economics in an Ecovillage Future. Collapse and Renewal. The ... What about the G20, OECD, UN? No political will. A failure of democracy. The Bubble must burst ... – PowerPoint PPT presentation

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Title: Economics in an Ecovillage Future


1
Economics in an Ecovillage Future
  • Collapse and Renewal
  • The coming growth bubble
  • Post-bubble society

2
A time of crisis
  • Global Warming
  • Ecological Overload
  • Extinction of species
  • Infertility
  • Peak Oil
  • Water shortages
  • Inequalities

3
How Did It Happen?
  • Separation of Man from Nature
  • Limits to growth
  • Overpopulation
  • Commercial/political alliance
  • Lack of Global Governance
  • A Flawed Economic Theory

4
Political/Economic Flaws
  • No Limits to Growth
  • Incomplete growth model
  • Growth is not Well-being
  • Commercial Dominance
  • Inequities
  • No Global Governance

5
No limits to Growth
  • Relative pricing flaw
  • Enviromental destruction
  • Living off capital
  • 2nd Law of Thermodynamics
  • Absolute scarcity

6
Incomplete Growth model
  • Solow 1956-57
  • Only capital and labor
  • 75 unexplained

7
The Physicists Approach
  • Robert Ayres (2009)
  • Must include energy
  • Effective work

8
The Growth Bubble
  • 75 of growth due to energy
  • Solow model only 4 !
  • Peak oil -3 per annum

9
Growth is not Welfare
  • Alternative indicators
  • Genuine Progress Indicator

10
Financial Crisis 2007/09
  • Not a resource crisis
  • Due to systemic risk
  • Unrestricted capital flow
  • Deregulation and commercialism
  • Greed mentality
  • Crisis Predicted (Jackson 1999)
  • An accident waiting to happen

11
Post-bubble
  • Global hardship
  • Demand for reforms
  • The Gaian Paradigm
  • Eartha living organism
  • Everything connected
  • Holistic
  • Egalitarian

12
Gaian Economics
  • An ecovillage future
  • Decentralization diversity
  • Not capitalist, not socialist, but Gaian
  • Positive protectionism
  • National sovereignty rules
  • Capital controls

13
Gaian Economics (cond)
  • Genuine Progress Indicator
  • Internalize environmental costs (e.g. CO2
    emissions)
  • Resource taxation
  • Cradle to cradle production
  • Social capital protection
  • Political reform

14
New Global Institutions
  • Gaian Trade Organization (GTO)
  • Community of Nations (CN)
  • Earth Council
  • New reserve currency
  • Gaia Bank

15
How to Get There?
  • What about the G20, OECD, UN?
  • No political will
  • A failure of democracy
  • The Bubble must burst

16
The Breakaway Strategy
  • 5 or 6 minor nations
  • Leave the WTO
  • Form the GTO
  • Form the Commmunity of Nations
  • Invite Others to Join
  • Grass roots support
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