Post Growth
eBook - ePub

Post Growth

Life after Capitalism

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Post Growth

Life after Capitalism

About this book

Winner of the 2022 Eric Zencey Prize in Ecological Economics

Capitalism is broken. The relentless pursuit of more has delivered climate catastrophe, social inequality and financial instability – and left us ill-prepared for life in a global pandemic. Tim Jackson's passionate and provocative book dares us to imagine a world beyond capitalism – a place where relationship and meaning take precedence over profits and power. Post Growth is both a manifesto for system change and an invitation to rekindle a deeper conversation about the nature of the human condition. Now available as an audiobook narrated by the author.

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1
The Myth of Growth

‘We are in the beginning of a mass extinction. And all you can talk about is money and fairytales of eternal economic growth.’
Greta Thunberg, September 20191
‘Too much and for too long, we seem to have surrendered personal excellence and community values in the mere accumulation of material things.’
Robert F. Kennedy, March 19682
St Patrick’s Day, 17 March 1968. It was an unseasonably mild Sunday evening. The night air held the promise of an early spring as Senator Robert F. Kennedy arrived in Kansas from New York. He had just that day declared his candidacy for the 1968 Presidential race. To run, he would have to stand against the incumbent President, Lyndon B. Johnson. Senator against President; Democrat against Democrat: it looked like a tough fight ahead and Kennedy was by no means convinced of success.3
But as he stepped down onto the Kansas City tarmac, he and his wife Ethel were besieged by a couple of thousand supporters who broke a police cordon and charged across the runway, shouting ‘Go Bobby Go!’ and demanding a speech. Nothing had been arranged and there was no loudhailer. So Kennedy sportingly threw a few remarks into the wind, before realizing he was barely audible. ‘That was my very first campaign speech,’ he said. ‘Now let’s all clap.’ He clapped his hands, the audience clapped theirs, and everyone laughed. It seemed like an auspicious start to a Presidential campaign.
The Senator was still noticeably nervous the next morning when he arrived at Kansas State University (KSU) for the first formal speech of the campaign. It had been scripted carefully for the occasion by his speechwriter, Adam Walinsky. First impressions matter. None of the campaign team could predict its impact. Kansas was one of the most conservative states in the country, loyal to the establishment and the American flag. It was perhaps the last place that could be expected to show sympathy for Bobby Kennedy’s anti-war message.
He opened, cleverly, with a quote from William Allen White, the former editor of a Kansas newspaper. ‘If our colleges and universities do not breed [students] who riot, who rebel, who attack life with all the youthful vision and vigor, then there is something wrong with our colleges,’ he said. ‘The more riots that come out of our college campuses, the better the world for tomorrow.’ It was a candid appeal to the generation who had brought the anti-Vietnam protest movement out of the ghettos and onto the campuses of liberal, middle-class universities across America. The students loved it. Kennedy’s opening salvo was met with a ‘happy roar’.4
The excitement was palpable. The students in the hall – some of them perched on the rafters – cheered wildly at his all-out attack on the Vietnam war, his disdain for the Johnson administration and his outrage at the base morality of contemporary US policies at home and overseas. This was no cautious opening foray in a careful Presidential campaign. It was dynamite. The reception was better than anyone had dared to hope for. Eyewitnesses describe how one journalist, the Look Magazine photographer Stanley Tettrick, found himself hemmed in by a crowd of students, trying to stay upright in the pandemonium, while shouting to no one in particular: ‘This is Kansas, fucking Kansas! He’s going all the way!’5
Bobby Kennedy was not, as history would have it, ‘going all the way’. But no one knew this, on the opening day of that fateful Presidential campaign. The team were ecstatic. The campaign was launched. The journalists had their story; and the media coverage would do their candidate no harm whatsoever. There was a palpable sense of relief as the entourage made their way to the second speech of the day at KSU’s great sporting rival, the University of Kansas.
Walinsky spent the short journey re-drafting the speech he’d prepared for the second event. It had been intended as a calmer and more considered lecture, showing a more reflective, intellectual side to the Senator. It contained one segment of particular interest here concerning the uses and abuses of the Gross Domestic Product (GDP) – the indicator used to measure economic growth. It was an odd, slightly arcane topic for a campaign speech. A testament to the radicalism of Kennedy’s political vision. It almost didn’t survive the rewrite.
Surprised and delighted by the rapturous response to his morning speech, Kennedy wanted more of the same for the afternoon. So he instructed his speechwriter to ditch the sober content and give the talk a bit of the morning’s edge. What emerged was something that might affectionately be called a ‘mash-up’: sections from earlier speeches woven together with anecdotes and the occasional well-timed joke. By chance the section on the GDP remained. And that simple quirk of fate would turn out to have enormous relevance to this book – and indeed to the life of its author, who was no more than a kid when it all happened.6

Myth matters

Every culture, every society, clings to a myth by which it lives. Ours is the myth of growth. For as long as the economy continues to expand, we feel assured that life is getting better. We believe that we are progressing – not just as individuals but as a society. We convince ourselves that the world tomorrow will be a brighter, shinier place for our children and for their children. When the opposite happens, disillusionment beckons. Collapse threatens our stability. Darkness looms on the horizon. And these demons – real as they may be in an economy dependent so entirely on growth – are rendered even more powerful by the loss of faith in our core sustaining narrative. The myth of growth.
I am using the word ‘myth’ here in the kindest possible sense. Myth matters. Narratives sustain us. They create our thought-worlds and shape our social conversations. They legitimize political power and underwrite the social contract. To pledge allegiance to a myth is not inherently wrong. We all do it, in some form or another, implicitly or explicitly. But to acknowledge the power of myth is not always to condone it. Sometimes myths work for us. Sometimes they work against us.
When they abide, it is for a reason. Economic growth has brought extraordinary affluence. It has lifted millions out of poverty. For those rich enough and lucky enough, it has enabled lives of unbelievable comfort and complexity and luxury. It’s delivered opportunities our ancestors couldn’t possibly have imagined. It’s facilitated the dream of social progress. Nutrition, medicine, shelter, mobility, flight, connectivity, entertainment: these are amongst the manifold fruits of economic growth.
But the massive explosion of economic activity has also wreaked unparalleled havoc on the natural world. We are losing species faster than at any time in human history. Forests are decimated. Habitats are lost. Agricultural land is threatened by economic expansion. Climate instability is undermining our security. Fires consume whole swathes of land. Sea levels rise. Oceans acidify. The affluence we aspire to has been purchased at an unpayable price. The myth that sustained us is in the process of undoing us.
My aim here is not to rehearse these impacts or document their damages. There are many excellent accounts already available. ‘For more than thirty years, the science has been crystal clear,’ as Greta Thunberg reminded the UN Climate Conference in 2019. Her words became a cultural meme. They even spawned artistic and musical interpretations that reach beyond audiences scientists ever could. The hard evidence behind them resides in countless pages of painstaking work.7
I intend instead to pick up on her deeper challenge. Beyond the ‘fairytales of economic growth’ lies a world of complexity that demands our attention. Those fairytales are coded into the guidance manual of the modern economy. They’ve been there for decades. They continue to distort our understanding of social progress and prevent us from thinking more deeply about the human condition.
The broad thesis of this book is that good lives do not have to cost the earth. Material progress has changed our lives – in many ways for the better. But the burden of having can obscure the joy of belonging. The obsession with producing can distort the fulfilment of making. The pressure of consuming can undermine the simple lightness of being. Recovering prosperity is not so much about denial as about opportunity.
This book addresses the conditions under which we thrive. It seeks out our potential to live better, fuller, more fulfilling and more sustainable lives. The end of growth is not the end of social progress. To dethrone material expansion is not to give up on human prosperity. Another (better) world is possible. This much has been obvious at least since Kansas.
By the time Kennedy arrived at the ‘Phog’ Allen Fieldhouse, home to the University of Kansas basketball team, the atmosphere was electric. Well over twenty thousand people had crowded into the arena: students and staff, journalists and commentators, spilling onto the yellow court, leaving only a tiny circle for Kennedy to stand at a wooden lectern, crammed with microphones.
He opened with what must have been a more or less spontaneous joke. ‘I’m really not here to make a speech,’ he quipped. ‘I’ve come because I came from Kansas State and they want to send their love to all of you. They did. That’s all they talk about over there, how much they love you.’ The rivalry between the two top Kansas universities was legendary. The ‘Sunflower Showdown’ between the two basketball teams had played out fiercely since 1907. The arena exploded in laughter. They loved him already. Enough, apparently, for him to offer them a littl...

Table of contents

  1. Cover
  2. Endorsement
  3. Title Page
  4. Copyright
  5. Dedication
  6. Prologue
  7. 1 The Myth of Growth
  8. 2 Who Killed Capitalism?
  9. 3 The Limited and the Limitless
  10. 4 The Nature of Prosperity
  11. 5 Of Love and Entropy
  12. 6 Economics as Storytelling
  13. 7 The Return to Work
  14. 8 A Canopy of Hope
  15. 9 The Art of Power
  16. 10 Dolphins in Venice
  17. Acknowledgements
  18. References
  19. Index
  20. End User License Agreement