The Delusion of Perpetual Economic Growth

Fairy Tales of Growth

Directed by Pierre Smith Khanna (2019

Film Review

This documentary is about the urgent need to abolish the mindset that measures human progress in terms of economic growth. It also emphasizes the price we pay for growth in terms of heavy resource extraction and even heavier human exploitation.

The filmmakers begin by referencing Limits of Growth, published by the elite round table group Club of Rome published in 1973. Relying on MIT computer modeling, it predicted unrestrained growth would lead to economic and ecological collapse in the early decades of the the the 21st century.

The film makes many of the same points as Michael Moore’s recent documentary Planet of the Humans (see The Corporatization of the Climate Movement). Both depict the notion of “Green Growth” as a corporate scam. Politicians and environmental NGOs who claim that a switch from fossil fuels to renewable energy will allow unlimited economic growth without causing irreparable harm to the planet are either deluded or deliberately lying to you.

Both films films assert our only option, at this point, for preventing environmental collapse is  to significantly reduce consumption and to prioritize human welfare and the environment over the continual acquisition of more stuff.

The filmmakers cite an interesting study revealing that every new purchase gives people an average of 15 minutes of happiness. In fact, a growing number of psychologists and sociologists believe improve if we focus away from material possessions to to improve health care and education, spending more time with our families, and rebuild our communities.

For me, the high point of the documentary is the link it makes between our debt-based system of money creation and the pressure for ever increasing economic growth. Contrary to public belief, at present 97% is created, not by government, by by private banks when they issue loans. (See We Need to End Money Creation by Private Banks – Urgently)

Because money only comes into existence when someone borrows money, the only way to keep enough money circulating in the economy is to continually increase (both private and government) debt. The cost of repaying this exponentially increasing debt is a continual increase in resource extraction, environmental degradation and pollution, and exploitation.

 

The Corporatization of the Climate Movement

The Planet of the Humans

Directed by Jeff Gibbs (2020)

Executive Producer Michael Moore

Film Review

This very alarming film mainly (released on Earth Day on Michael Moore’s YouTube channel) concerns the capture of the climate movement by Wall Street interests. It places special emphasis on environmental NGOs, like Serra Club, 350.org, and the Nature Conservancy, which are increasingly partnering with Wall Street banks and corporations to promote technological solutions (such as solar panels, wind turbines, concentrated solar mirrors, and large scale biomass and biofuel production). These technologies are immensely profitable for corporations, but as director Jeff Gibbs demonstrates, are unsustainable in the long term without addressing population growth and massive overconsumption in the industrial North.

The film begins by closely examining, in turn, each of these heavily promoted renewable technologies. For me, the issues raised about solar photovoltaic and wind turbine technology, both strongly embraced by climate activists, are the most concerning. Gibbs reminds us that all solar panels and turbines have a fairly short lifespan (20 year), which is most concerning in light of the large environmental and carbon footprint they leave during mining and manufacture of the raw materials they consume. The steel and cement required for wind turbines have a sizeable carbon footprint in themselves, and the mining (in third world countries) of cobalt, lithium, nickel, tin, and rare earth minerals used in solar batteries and electric vehicles produces substantial quantities of uranium, radon, and other radioactive isotopes as waste products. The mining process also produces a significant quantity of sulfur hexafluoride, a  greenhouse gas 23,000 times more potent than CO2.

Gibbs ends by examining specific ties between environmental NGOs and Wall Street players:

Sierra Club

  • received millions in donations from the world’s leading timber company for their support of biomass energy (ie clearing of native forests to produce wood chips).
  • received millions in donations from Michael Bloomberg to replace coal fired power plants with those powered by (equally polluting) natural gas.
  • major backer of Green Century Mutual Funds, which are 1% invested in solar and wind technology and 99% invested in oil, gas, tar sands, and unsustainably produced biofuels.
  • sell solar panels and electric vehicles from their website.
  • is biggest international investor in Viva, the biggest corporate destroyer of native forests.

Bill McKibben and 350.org

  • assisted Goldman Sachs in raising capital for a Brazilian project to increase sugar cane production for ethanol (increasing Amazon deforestation and displacing indigenous populations).

Al Gore

  • co-founder of Generation Investment Management, a company specializing in biomass and biofuels production (this was prior to the 2005 release of his film An Inconvenient Truth).
  • co-founder of a multibillion dollar sustainability investment fund based in the Cayman Islands.

Koch Brothers

  • largest corporate recipient of federal biomass subsidies.

The second video is a Q&A hosted by Michael Moore (executive producer), Jeff Gibbs (director), and Ozzie Zehner (producer) on April 23rd.

 

 

The Psychosis Called Consumerism

Consumed: Inside the Belly of the Beast

Richard Heap (2011)

Film Review

Consumed is a British documentary about the psychological basis of what the filmmakers call the “weird mental illness called consumerism” and “a kind of collective psychosis in which people value acquiring objects more than their children, partners or friends.” The film maintains that there are unique evolutionary features in the human species that make us uniquely susceptible to pro-consumption messaging.

The documentary begins by emphasizing the grave implications of “unfettered” consumerism on humankind’s ability to survive on this planet – both from the perspective of ecosystem destruction and growing resource scarcity.

They go on to analyze the primary biological drives that underlie most human behavior: the drive to survive and the drive to reproduce. Most marketing is deliberately aimed towards the latter. People who lack confidence in their ability to attract a mate are bombarded with messaging that they can increase their prestige and status by acquiring specific products.

As people get older, they realize this thinking is delusional: a new Porsche doesn’t make someone fall in love with you as a person. People who hook up with you for your car eventually get bored and leave.

Young people, however, are incredibly susceptible to the pro-consumption delusion. This is why billions are spent on marketing to kids from the moment of birth. Getting pre-teens and teens to think about mating early is also incredibly effective in capturing more of their money (as well as their parents’).

Consumed also examines our psychological disconnection from nature and why this has allowed us to become so indifferent to the environmental devastation caused by our consumption patterns.

The behavioral scientists Heap interviews differ on whether the sustainability movement can save the human species. They all agree it’s pointless to look to politicians – the very epitome of pathological narcissism – for a solution. Several are pessimistic that Transition Towns and similar sustainability-related groups can save us without addressing the root cause of the crisis: our psychology.

Others are more optimistic. Pointing to the 200+ million years humans survived without a multitude of consumer goods, they argue that learning to understand our psychological make-up can help us be less vulnerable to constant pro-consumption messaging.