ANDY
FLEMING details how we need to completely replace our current economic paradigm
if we are to have a future on the Earth.
It’s
so easy to be negative about the current global economic system. And of course
there is every reason. Most readers will be aware that the economies of
virtually all major developed nations including China are well, stuffed.
When
it comes to a solution however, yesterday’s Labour Party European Election
broadcast brought home our dilemma. In its theatre and comedy it was excellent,
vividly portraying the economic abyss we have descended into as a nation.
Character assassinations of Cameron and Clegg flowed freely, highlighting their
promotion of the philosophies of greed, inequity, deceit, self-advancement and
privilege.
There
was of course no reference to Labour’s immense culpability in our economic
plight. Neither was there one positive economic policy proposal of how the
people’s party was going to fix things. Apart, that is, from the usual rhetoric
of economically castrating the bankers, with whom until late 2008 they were so
intimate.
They
offered no practical policies because here’s the thing; there aren’t any. That’s
because the whole current global economic paradigm based on greed, central
banks, drugs, money laundering, the military industrial complex and war is
quite simply not fit for the new millennium. Tinkering around at the edges with
an economic system originating in the sixteenth century simply won’t work, and
here’s my rational for saying this, based surprisingly not in politics but in
science.
Cast
your mind back to your high school biology lessons. Do you remember Petrie dishes?
Those shallow glass containers into which a food substrate was poured, such as
agar jelly. A small sample of bacteria was introduced onto the surface of the
agar, the lid was replaced and within a few days the organisms had reproduced
exponentially covering the entire surface of the jelly.
The
spectacular success in the growth of the bacteria was tragically short-lived. A
few more days and they would not only be seen to have exhausted their raw
materials (i.e. food substrate), they would also have poisoned themselves with
their own toxic waste products.
Now
at this point you may be wondering what all of this has to do with economics,
and you may also think that I have a darned cheek in relating human economic
affairs to a humble bacterium, even though we originally evolved from such a
microscopic life form.
The
point is, the reproduction of the bacteria in the sealed and closed ecosystem of
the Petrie dish provides a superb analogy of how our current economic system has
developed and of its relationship with the Earth, its resources and biosphere.
This again is a closed system, only on a planetary scale. You’ve heard of the
Greenhouse Effect, well welcome to the Petrie Dish Effect!
Examining
our place in space and time using this scientific analogy we are left with the
disturbing prospect that unless we adopt a new economic model, our exponential
population and economic growth will outstrip our planet’s capacity to provide
carriage for the human population.
Just
like the bacteria in the Petrie dish, we shall surely exhaust our resources and
poison ourselves with our own waste products. And of course, it’s already
happening. Environmental degradation for which we are responsible is now so bad
that in many major cities the population wears breathing masks, and important
commodities such as oil and gas are becoming more scarce and expensive. Witness
the controversial drilling in the Arctic Ocean and shale gas fracking.
Now
I’m not an economist or for that matter an environmentalist. I’m not a
politician either, but as a sceptic I notice how the word “economic growth” is proffered
as the solution to all of our economic ills from virtually every political
charlatan walking the planet.
And
that’s at the heart of the ultimate human economic and environmental dilemma.
Our current economic paradigm in any of its guises, left or right wing, Keynesian
or monetarist, requires exponential and infinite population and economic growth
on a finite planet to function at all in the long term (and even then it
provides little happiness or fulfilment for the overwhelming majority of the
world’s population).
It’s
a paradox that strikes at the heart of conventional economic wisdom and one
whose solution, I believe, is critical to the very survival of human beings on
this planet. Because, following the Petrie dish analogy to its logical ironic
conclusion, the bacteria by their very success in reproducing also destroy
themselves. An ultimate environmental booby-trap, and one that’ll happen to us
if we continue to conduct business ‘as usual’.
The
Petrie Dish Effect is only an analogy, an approximation, and like all such tools
it’s imperfect. Clearly, humans do have a few aces up their sleeves that
bacteria don’t! We don’t need to be a slave to evolution and wipe ourselves out
due to false wants, greed, a broken economic mind-set, and what would be a mass
extinction nuclear conflict over natural resources. We have intelligence to
effect change, we have ingenuity to devise solutions and we have empathy, care
and compassion for each other and the other creatures with whom we share our
tiny planetary home, the Earth. Do we have the will as a species to use them? I
hope so.
Many
of my political conversations inevitably develop into an argument about
so-called ‘human nature’. I‘m accused of being an idealist in propounding ideas
such as equity, compassion, empathy and sustainability. My views, it is said
don’t take into account the other, negative forms of ‘human nature’ such as
greed, aggression, lies, deceit and self-advancement. And yes, I agree human
society and economics has to be a trade-off between the needs of the
individual, the needs of society and the capacity of the environment to repair
itself and support us.
But
I don’t believe for one minute that ‘human nature’ is set in stone as an
inalienable or God-given unchangeable attribute. I may fully sign-up to
Darwinian Evolution, but never to social Darwinism. A society of intelligent beings
without morals and where only the strong survive, where the weak and disabled are
marginalised and where co-operation is usurped by back-stabbing competition and
mistrust, is surely the road to hell.
We
need to initialise change locally at our own personal level and use our innate
intelligence to take a look at our own lives, treating those we know and the
environment more kindly. We can as
individuals reach out, engage and touch people, espousing ‘people power’,
registering our hatred of greed, corruption, bullying, militarisation, sexism,
racism, xenophobia and aggression at all levels. We can reject the push-button
society.
We
can decide to make and label greed, selfishness and other negative human traits
as anti-social as other sociopathic tendencies. Most of all we can trade and
develop our lives and societies sustainably so that there is a healthy world
with resources worth leaving for our children. It’s not rocket science, it’s
just prioritising worthy human attributes.
It
is essential that every decent individual (and that’s the overwhelming
majority) on this planet ends their sleep-walking and realises that these
changes, incorporating as they must new economic and political institutions,
aren’t just desirable, they are imperative for our very survival. We are at the
cusp of a new brighter future and have arrived at simultaneous and pivotal
economic, political and environmental turning points.
‘Saving
the planet’ or ‘saving the Earth’ are often used as environmental wake-up calls.
But the Earth has been here for at least 4.5 billion years and will be here for
about the same period in the future. If we take up the challenges and change that
I’ve identified, we will be part of that future.
FEEL IT? LOVE IT? THEN SHARE IT!
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