The promise that each generation will be better off than the last is a fundamental tenet of modern society. But will future generations, particularly in advanced economies, realize such expectations?
Slowly some traditional economists are starting to wake up to the question of the future and nature of growth (see also Pisany-Ferry on this Project Syndicate). Problem is that they are illiterate as regards the impact of energy on the economy. They still fail to grasp the truth of planetary limits to growth.
See on www.project-syndicate.org
A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere, says Maria van der Hoeven, chief executive of the International Energy Agency, in an interview with the Monitor.
See on www.csmonitor.com
“Donc oui, il faut « faire sauter » (je dirais : refonder radicalement) ces institutions qui sont des dénis de démocratie et qui ont été mises en place justement pour cela : tenir les citoyens à l’écart, comme c’est à nouveau le cas aujourd’hui avec le projet de grand marché transatlantique sur lequel je me suis déjà exprimé. Mais je ne crois pas qu’on les fera sauter plus aisément si on présente l’histoire et le présent sous l’angle unilatéral d’un rouleau compresseur néolibéral qui emporte tout sur son passage en ne suscitant aucune résistance interne, aucune décision politique où « Bruxelles » fait parfois mieux (dans le bon sens) que notre gouvernement actuel. Ce qui n’est pas un exploit, certes, mais amène à penser que ce n’est pas seulement « Bruxelles » qu’il faut « faire sauter », mais, tout autant, des verrous nationaux qui ne sont pas moins nocifs. “
Excellent review by French economist Jean Gadrey of a critical book about the European Union.
See on alternatives-economiques.fr
Ukraine is shaping up to be a lot like Yugoslavia, except with more than twice as many people, lots of crazed street fighters who think they now own the place, and a role critical to European energy security. If you aren’t in shock about this, then you haven’t been paying attention.
One of the better analyses I have read about the explosive situation in failed Ukraine. Yugoslavia yes, but also close to the 37 days that started world war one. Still waiting for the analysis of the energy angle of this developing story.
See on www.resilience.org
Professor Robert Skidelsky looks at the dawn of a second machine age and explores the lessons of the Luddites for today’s economy.
Skidelsky’s insightful reading of Brynjolfsson and McAfee’s Second Machine Age is a plea to re-evaluate the Luddites.
See on www.social-europe.eu
They have pursued GDP growth with little or no investment in human, social and natural capital. This does not bode well for the future of the world economy.
summary of an excellent report by Demos and others which can be found here: http://www.demos.org/sites/default/files/publications/BRICS.pdf
See on www.opendemocracy.net
The umpteenth study confirms that natural gas simply has no net climate benefit whatsoever in any timescale that matters to humanity. In the real world, natural gas is not a “bridge” fuel to a carbon-free economy.
Very informative reading for all those (including Shell, of course) who claim gas is better than coal for climate policy.
See on thinkprogress.org
“I suggest that the report illustrates the futility of relying upon the WHO to comprehend what is occurring, let alone to lead in protecting public health. This is important because the WHO is not just another think tank or academic institute; it is the appointed champion[xviii] of world health issues. If it will not speak truth to power[xix] for the European public –which means unequivocally rejecting austerity policies and growing inequalities in income and wealth as destructive of the social determinants of health- at this critical moment, there is no reason to expect it to do so as neoliberal governments continue to cannibalize their citizens to maintain a world politically ruled by a numerically tiny financial elite.”
Brilliant must-read analysis of Dan Bednarz (‘Health after Oil’) on the futility of the WHO’s critique of austerity policies and its impact on health. "The WHO abandons the European health crisis".
See on healthafteroil.wordpress.com