Citizen Action Monitor

We have a choice to make – Prioritize GROWTH or prioritize LIFE. We can’t do both.

The era of treating capitalism as more important than life is coming to an end one way or another.

No 2338 Posted by fw, July 27, 2018

“It doesn’t take a genius to know that we can’t have infinite growth on a finite planet. We’re already taking far more than can be replaced, and we can see the consequences all around us: climate change, deforestation, soil depletion, perpetual war, the mass extinction of species. It’s got so bad that we’re now threatening the foundations of all of life itself. It doesn’t have to be this way. In fact, it can’t stay this way. We have a choice to make – Prioritize GROWTH or prioritize LIFE. We can’t do both.”The Rules Blog

Below is a 2:38-minute embedded animated video pointing out that the sole purpose of capitalism is to grow more capital. It goes on to explain where capital comes from. And it notes that “politicians have a cuddly sounding euphemism for this — They just call it “GROWTH”. And they tell us it needs to be 3% every year or the system starts to break down.

Coincidentally, today’s CBC News reported the U.S. economy surges to 4.1% growth rate in second quarter. And of course Trump took credit, bragging: “We have accomplished an economic turnaround of historic proportions.”

Can there be any doubt what Trump’s priority would be in a choice between Growth vs Life?

My repost below includes a transcript of the video. To watch it on The Rules Blog, click on the following linked title.

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Growth or Life? by The Rules Blog / Video by Films for Action, July 22, 2018

TRANSCRIPT

Our world is a diverse place, brimming with ideas and stories. But isn’t it strange. When it comes to economics, for some reason we’ve all ended up settling for the same system, a single story —  Capitalism.

Here’s the thing. We tend to talk a lot about WHAT it does: private enterprise, advertising, stocks and bonds, the market. But we talk a lot less about the WHY — What is the deep logic that makes capitalism tick?

It all comes down to one golden rule: The purpose of capitalism is to grow more capital. That’s it.

And where does capital come from? You have to choose to squeeze it out of the world. Choose to squeeze it out of the land and the seas; out of the human bodies and the other living creatures. Wring it out of time itself.

Politicians have a cuddly sounding euphemism for this — They just call it “GROWTH”. And they tell us it needs to be 3% every year or the system starts to break down.

That doesn’t sound like much. But 3% per year actually means doubling the size of the global economy every 20 years. Doubling the cars, the smartphones, the air miles, the plastics.

It doesn’t take a genius to know that we can’t have infinite growth on a finite planet. We’re already taking far more than can be replaced, and we can see the consequences all around us: climate change, deforestation, soil depletion, perpetual war, the mass extinction of species. It’s got so bad that we’re now threatening the foundations of all of life itself.

It doesn’t have to be this way. In fact, it can’t stay this way. We have a choice to make – Prioritize GROWTH or prioritize LIFE. We can’t do both.

There are so any different options out there: from new types of money that undercut the drivers of growth, to regenerative farming to rebalance our food systems, to new ways of measuring progress and wellbeing.

One thing is clear: the era of treating capitalism as more important than life is coming to an end one way or another.

If we are going to survive the Anthropocene it will be because we create post-growth economies that allow us to flourish on this beautiful and generous planet we call home.

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