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275

Nine

The Necessary Madness of Imagination

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mentions the Genuine Progress Indicator as a better alternative to GDP, and a campaigning group called Positive Money which aims to restore sovereignty of national govts when it comes to issuing money (as opposed to relying on bank-provided debt)

also talks about the advertising industry as another sort of 'fix' for over-accumulation: convince people that they need to consume more, and bam, new markets

Hickel, J. (2017). Nine. In Hickel, J. The Divide: A Brief Guide to Global Inequality and its Solutions. William Heinemann, pp. 275-367

282

[...] As Joseph Stiglitz put it, 'What we measure informs what we do. And if we're measuring the wrong thing, we're going to do the wrong thing.'

on GDP and how it is a pretty awful measurement. Hickel goes into the history of it a bit earlier: apparently Kuznets wanted a more social-first approach that would exclude areas like advertising, commuting and policing from the stats but alas Keynes' more "rational" approach won. funny cus i'd always had this image of Keynes as the more progressive of the two but I guess not

doesn't call it by name but that's essentially what he's referring to

—p.282 by Jason Hickel 3 years, 3 months ago

[...] As Joseph Stiglitz put it, 'What we measure informs what we do. And if we're measuring the wrong thing, we're going to do the wrong thing.'

on GDP and how it is a pretty awful measurement. Hickel goes into the history of it a bit earlier: apparently Kuznets wanted a more social-first approach that would exclude areas like advertising, commuting and policing from the stats but alas Keynes' more "rational" approach won. funny cus i'd always had this image of Keynes as the more progressive of the two but I guess not

doesn't call it by name but that's essentially what he's referring to

—p.282 by Jason Hickel 3 years, 3 months ago
286

So the problem isn't just the type of energy we're using, it's what we're doing with it. What would we do with 100 per cent clean energy? Exactly what we're doing with fossil fuels: raze more forests, build more meat farms, expand industrial agriculture, produce more cement and heap up more landfills with waste from the additional stuff we would produce and consume, all of which will pump deadly amounts of greenhouse gas into the air. We will do these things because our economic system demands endless economic growth. Switching to clean energy will do nothing to slow this down.

—p.286 by Jason Hickel 3 years, 3 months ago

So the problem isn't just the type of energy we're using, it's what we're doing with it. What would we do with 100 per cent clean energy? Exactly what we're doing with fossil fuels: raze more forests, build more meat farms, expand industrial agriculture, produce more cement and heap up more landfills with waste from the additional stuff we would produce and consume, all of which will pump deadly amounts of greenhouse gas into the air. We will do these things because our economic system demands endless economic growth. Switching to clean energy will do nothing to slow this down.

—p.286 by Jason Hickel 3 years, 3 months ago