The Approaching Great Transformation: Toward a Livable Post Carbon Economy
256The Approaching Great Transformation: Toward a Livable Post Carbon Economy
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Overview
"A brave book by a smart person with a masterful command of economic theory."—Publisher's Weekly
How should we act and think economically in the world as the era of cheap oil comes to an end? The Approaching Great Transformation begins to answer this massive question, focusing on the people and communities already at work on the transition: energy descent pioneers in the UK and the US educating their communities about the road ahead, small enterprises defying traditional “profit” in favor of permanence and sustainability, and cities preparing for a post carbon future.
Highlighting the work of thinkers like John Ruskin and E. F. Schumacher, Magnuson here builds on his previous book, Mindful Economics.
Product Details
ISBN-13: | 9781609804817 |
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Publisher: | Seven Stories Press |
Publication date: | 04/09/2013 |
Sold by: | Penguin Random House Publisher Services |
Format: | eBook |
Pages: | 256 |
File size: | 859 KB |
About the Author
Read an Excerpt
Introduction: ANOTHER SEA CHANGE
Every epic historical transformation began with economic turbulence and collapse. As a general rule, when the economic foundation of a society is significantly disrupted, it destabilizes everything else. Everything begins to change. The Roman Empire finally crumbled when its Mediterranean system of conquest, slavery, and trade was thrown into chaos by the Saracens who launched their invasions from northern Africa. And the feudal system of the Middle Ages was brought down when its agrarian economy was ruined by plague epidemics and wars over religion. Today another historic sea change is beginning to take form and the underlying cause, again, is a major economic disruption. Though this time it will not be caused by invading and conquering armies or plague epidemics, the disruption will be a global decline in the availability of oil—the paramount and finite energy source that has supported all the major industrial systems for the last century. As resource limitation and climate change are beginning to shake the foundation of our entire way of life, another historic sea change is in the making.
Our current global system of production and commerce is driven by an imperative for endless growth and expansion. But limited supplies of oil and virtually all other resources are binding this expansion like a rope tightening around every economy in the world. Yet in a kind of blind and desperate attempt to keep charging forward with more economic growth, governments nearly everywhere are plunging themselves into massive and unsustainable debt. Whether it smashes into the wall of resource limitations and debt fatigue, or makes a shift away from business as usual, our global economy is going to change.
As we begin to feel these changes we will be forced to reexamine what we consider to be the good life. Many of us in the so-called developed world have high expectations for our career choices, our levels of income, the things we want to buy, and all the other accoutrements of a plentiful lifestyle. But this is all beginning to change. The cause of this change is a fairly simple but sobering reality: the resource base of our planet can no longer sustain it. When I refer to a declining resource base here, I am not only talking about oil, though oil is the big one. Other fossil fuels, water, topsoil, basic metals, and virtually every other resource available to us are being consumed to exhaustion. We often say that our desire for high material standards of living is to provide for our families—our children. The cruel irony is that our children and grandchildren will be the first generations to experience the full brunt of the economic and ecological damage we are doing now. That is, unless we do something now to change that.
In his book, Collapse: How Societies Choose to Fail or Succeed (2004, 2011), evolutionary psychologist Jared Diamond chronicles an impressive list of examples of how humans have a penchant for self-destruction. Though his examples are taken from different places and at different times in history, they all basically follow a consistent pattern in which entire societies collapse as a result of their destruction of the environmental habitat that would have otherwise sustained them. But we don’t have to follow this pattern. We are an evolving species and we can learn from the lessons of history. We have conscious awareness and the ability to be proactive and possibly shape the direction of this historic sea change toward something better. This would be our lasting contribution—our great transformation.
The choices we make today as we adapt to mounting scarcity may be the most important historical events of the 21st century. We can choose to be forward thinking and work actively toward positive changes in a spirit of celebration and make this transformation in ways that are healthy, ecologically sound, economically stable, and just. or, we can choose to be complacent, to continue treating our world as an infinite resource pipeline and an infinite waste dump, to brace ourselves for endless wars over resources, and to trudge through one debilitating crisis after another, pushing all of humanity through a long historical period of decline—a descent into a kind of Dark Ages of the third millennium. This would be a tragic downfall for humankind, but the ultimate cause of our downfall would not be the crises themselves. The cause would be our refusal to deal with the obvious fact that the oil Age—the age of seemingly infinite abundance—is coming to an end.
Table of Contents
Foreword Helena Norberg-Hodge 11
Introduction: Another Sea Change 15
The Twilight of the Oil Age 17
A Brief Update on Peaking and Warming 19
Our Great Transformation 27
Chapter 1 From Transition to Transformation 35
The Origins of the Transition Movement 36
Transition Philosophy 37
The Ingredients of the Transition Model 45
Transition Projects 55
Challenges to the Transition Movement 58
Conclusion: From Transition to Transformation 62
Chapter 2 Economies in Transition-a Systems View 63
We Are the Agents of Change 66
Taking the Bird's Eye View 69
What About the Individual? 77
Creating a New Universe 80
Conclusion 84
Chapter 3 This Road Paved with Good Intentions 87
The Economics of Growth 89
Rethinking Green Economics 96
Rethinking Green Energy 106
Rethinking Localization-Small is Not Always Beautiful 113
Conclusion 115
Chapter 4 E. F. Schumacher and the Meta-Economists 119
The Early British Meta-Economists 121
The Young Americans 131
E. F. Schumacher, Economist and Philosopher 135
Conclusion 140
Chapter 5 The New Monastics 143
The New Monastics and Crafting New Institutions 145
The B Lab Connections 150
Banking and the North Dakota and Santa Fe Connections 155
The Urban Farmer and the Food Resilience Connection 165
The Local Government Connection 169
The Colorado Connection 184
The Cooperatives Connection 189
The Health Care Connection 193
The Household Connection 197
Conclusion 199
Chapter 6 Education and Our Great Transformation 203
Developing Our Skills-New and Old 206
Reforming Education for the 21st Century 207
Conclusion: Changing the Way we Approach Change 213
Notes 225
Index 229
What People are Saying About This
"The Approaching Great Transformation is a breath of fresh air in a world of hackneyed nonsolutions to our social and economic problems. Professor Magnuson pulls no punches regarding the coming collapse of the corporate-commercial-consumer society, or the inability of technological fixes and 'green capitalism' to bail us out of the historical crunch that is virtually upon us. Rather, as we start to run out of energy (read: oil) and are forced to abandon obsolete notions of 'growth' and 'progress', we shall have to confront the question we have collectively been avoiding for roughly 500 years: If money is not the purpose of life, what is? Whether the alternative models discussed in this book prove to be viable or not, the author makes it clear that what we are living with now is no choice at all. His message is simple: change or die."
—Morris Berman, author of Why America Failed
“A challenging and engaging exploration of what it will take to make the transition to an ecologically sustainable future. Magnuson exposes the false promises of green-wash capitalism—and in the tradition of E.F. Schumacher puts the hopeful shoots of real alternatives squarely on the map for ongoing development.”
—Gar Alperovitz, Lionel R. Bauman Professor of Political Economy at the University of Maryland and author of America Beyond Capitalism