Every time someone asks me what econosystemics is, I find I tell it a little differently. I guess that’s the honest mark of an evolving paradigm; it gets a little clearer the more you think about it. Econosystemics reframes economics to focus on the creation and accumulation of value, not only in human society, but [...]
When it comes to commenting on the world energy situation, Gregor MacDonald stands out as exceptional. If you haven’t been following Gregor.US, you should put that on your regular reading list — especially if you are an investor. When I read his recent post on nuclear energy, however, his bottom line statement that “nuclear power [...]
by Chip Pitts The Fukushima nuclear disaster gives rise to many consequences, for the people and country of Japan, but also globally: consequences for the nuclear power industry, for energy more broadly, and for our ability to effectively address the challenge of climate change. Politics will play at least as large a role as pragmatics. [...]
With the industrial revolution, beginning around 1775, large flows of energy and resources began to bypass the majority of humans under control of the higher sociopolitical layers. As represented by the dark arrows, fossil fuel and mineral resource flows fed a rapidly developing “high-technium”, implemented by engineers, architects, and managerial talent, and controlled by “capitalists” or political leaders. The lower social majority had to find a way to serve the Technium as “labor”, or continue basic subsistence largely outside the transformational processes of the Technium.
An IBM supercomputer named Watson easily defeated the two most successful past winners of the popular game show Jeopardy. Meanwhile, there are three billion brains out there trying to survive on $2.50 per day. What if we could tap into it? Could we figure out a way for the poor to earn income through brainwork rather than begging or back-breaking labor?
Advanced anaerobic digestion is the best technology available for cost-effectively and environmentally recycling municipal organic wastes back into the ecosystem and returning value to the econosystem. It has not been deployed in the United States simply because until recently our economic calculations have not incorporated environmental costs and benefits. When the values of green energy, GHG reductions and organics recycling are added into the equation, anaerobic digesters are the “natural” solution.
If humanity had a brain – if we had a truly global society rather than a world of suspicious and antagonistic tribal nations – it would be obvious what we must do. We would collaborate on a massive overhaul of our buildings, transportation systems and economic infrastructure to improve energy efficiency and to shift away from burning fossil fuels. But we cannot wait for a slow process of consensus. Let us not whine about whether we will be somewhat disadvantaged by moving first in a direction which all must move eventually. It is better to take a small disadvantage ahead of the crowd, in order to gain the benefits of leadership.
GDP is killing us. What we call Gross Domestic Product is an attempt to sum all the value added, in every step of production, of every monetary good or service within our national economy. But GDP doesn’t measure the standard of living of anybody. And that’s where it fails us and leads us into ruin.