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Growth delusions: “Bigger GDP=Better off”

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Presentation on theme: "Growth delusions: “Bigger GDP=Better off”"— Presentation transcript:

1 Growth delusions: “Bigger GDP=Better off”
Countries with big GDP might register such scores because of over-exploitation of the worlds resources in general and exploitation of land and people of countries with lower GDP

2 Countries with big GDP might register such scores because of over-exploitation of the worlds resources in general and exploitation of land and people of countries with lower GDP

3 If everyone lived like an American, we would need…
Of course the number of people goes up each year by 76 million +

4 Growth delusions: “It’s the economy, stupid”
Conventional “economic” thinking, Monetarist to Marxist, depreciates real wealth of nations

5 average Icelandic family 3 times richer than in 2003
2006: average Icelandic family 3 times richer than in 2003 (Meltdown Iceland by Roger Boyes) Apple is now the most valuable company in the world, with a market capitalisation of close to $546bn. Only six firms have ever been worth more than $500bn: Apple, Cisco, Exxon Mobil, General Electric, Intel and Microsoft. Guardian (20/03/2012)

6 Growth delusions: “The Real Wealth of Nations”
Not seeing the wood for the timber… & not seeing many elements of real wealth

7 Reality check People are economic transformers not wealth creators
Real ‘wealth of nations’: Physical space Atmospheric balances UV filtering Purification of air Potable water Regulation of water cycle Water storage Photosynthesis Fertile soil Vegetative resources Pollination Mineral resources Waste decomposition Nutrient recycling Stable climate Checks & balances against extremes ‘Mother Earth’

8 Solar ‘driver’ Ecology Society Economy
Folly of ‘economic fixes’ is that they fail to see that the economy is but a sub-section of society which is but a sub-section of planetary ecology Contrast with (a) view that treats economy as all important (“it’s the economy, stupid”), or (b) ecology, society and economy are equals, or (c) talks about various types of capital with ecological capital as but one factor amongst many. Solar ‘driver’


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