Great article Tim, I enjoyed reading it. I do think the Circular Economy and the Work of Rau will figure in the mix, The VPRO documentary featuring Rau is worth watching.
Materials Passports, use over ownership models. Ayers also gets at the Stock of energy embedded in materials which are available for re-use often for a lower input of energy than originally invested.
Growth is related to the Monetary creation requirement for a scarcity of course and modern production relies upon economies of scale expressed in the time value of money, i.e Interest.
There is a linguistic demand for an Energy-based lexicon cognisant of the ECOE, EROEI and embedded energy realities.
The Farraday Money Quiz has had a lot of users since I made it interactive.
Big challenges for sure but I remain optimistic. 10 years ago monetary ignorance was almost un unavoidable there is now much good material on the web, different schools of thought for sure but there is a discussion for which I am mightily relieved to see. Your Blog definitely has helped as a Lighthouse in the FOG of surveillance capitalism.
Progress and Economic Interests do not always go hand in hand of course.
THE FALSE DICHOTOMY CLINGS ON
There was more than a grain of logic in the observation by US treasury secretary Steven Mnuchin that climate activist Greta Thunberg should save her advice until “[a]fter she goes and studies economics in college”. If the authorities were to consent to her demand for the immediate cessation of the use of fossil fuels, the economy would crash and, quite apart from the misery that this would inflict on millions, we would have abandoned any capability to invest in a more sustainable way of life.
This said, taking a course in economics, as it is understood and taught conventionally, would not enhance, in the slightest, her understanding of the critical issues. Conventional economics teaches that economics is ‘the study of money’, and that energy is ‘just another input’. These claims cannot be called ‘contentious’. They are simply wrong.
Worse still, her audience at Davos…
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