My point exactly

Quote of note:

The denial of climate change, while out of tune with the science, is consistent with, even necessary for, the outlook of almost all the world's economists. Modern economics, whether informed by Marx or Keynes or Hayek, is premised on the notion that the planet has an infinite capacity to supply us with wealth and absorb our pollution. The cure to all ills is endless growth. Yet endless growth, in a finite world, is impossible. Pull this rug from under the economic theories, and the whole system of thought collapses.

Mocking our dreams
The reality of climate change is that the engines of progress have merely accelerated our rush to the brink
George Monbiot
Tuesday February 15, 2005
The Guardian

...If climate change is to introduce horror into our lives, we would expect - because throughout our evolutionary history we survived by finding patterns in nature - to see that horror beginning to unfold. It is true that a few thousand people in the rich world have died as a result of floods and heatwaves. But the overwhelming sensation, experienced by all of us, almost every day, is that of being blessed by our pollution.

Instead, the consequences of our gluttony are visited on others. The climatologists who met at the government's conference in Exeter this month heard that a rise of just 2.1 degrees, almost certain to happen this century, will confront as many as 3 billion people with water stress. This, in turn, is likely to result in tens of millions of deaths. But the same calm voice that tells us climate change means mild winters and early springs informs us, in countries like the UK, that we will be able to buy our way out of trouble. While the price of food will soar as the world goes into deficit, those who are rich enough to have caused the problem will, for a couple of generations at least, be among the few who can afford to ignore it.

...

Another reason is that there is a well-funded industry whose purpose is to reassure us, and it is granted constant access to the media. We flatter its practitioners with the label "sceptics". If this is what they were, they would be welcome. Scepticism (the Latin word means "inquiring" or "reflective") is the means by which science advances. Without it we would still be rubbing sticks together. But most of those we call sceptics are nothing of the kind. They are PR people, the loyalists of Exxon Mobil (by whom most of them are paid), commissioned to begin with a conclusion and then devise arguments to justify it. Their presence on outlets such as the BBC's Today programme might be less objectionable if, every time Aids was discussed, someone was asked to argue that it is not caused by HIV, or, every time a rocket goes into orbit, the Flat Earth Society was invited to explain that it could not possibly have happened. As it is, our most respected media outlets give Exxon Mobil what it has paid for: they create the impression that a significant scientific debate exists when it does not.

But there's a much bigger problem here. The denial of climate change, while out of tune with the science, is consistent with, even necessary for, the outlook of almost all the world's economists. Modern economics, whether informed by Marx or Keynes or Hayek, is premised on the notion that the planet has an infinite capacity to supply us with wealth and absorb our pollution. The cure to all ills is endless growth. Yet endless growth, in a finite world, is impossible. Pull this rug from under the economic theories, and the whole system of thought collapses.

And this, of course, is beyond contemplation. It mocks the dreams of both left and right, of every child and parent and worker. It destroys all notions of progress. If the engines of progress - technology and its amplification of human endeavour - have merely accelerated our rush to the brink, then everything we thought was true is false. Brought up to believe that it is better to light a candle than to curse the darkness, we are now discovering that it is better to curse the darkness than to burn your house down.

Our economists are exposed by climatologists as utopian fantasists, the leaders of a millenarian cult as mad as, and far more dangerous than, any religious fundamentalism. But their theories govern our lives, so those who insist that physics and biology still apply are ridiculed by a global consensus founded on wishful thinking.

Posted by Prometheus 6 on February 15, 2005 - 3:16pm :: Economics | The Environment
 
 

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