35 Quotes by Jason Hickel
- Author Jason Hickel
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This is the core principle of capitalism: that the world is not really alive, and it is certainly not our kin, but rather just stuff to be extracted and discarded – and that includes most of the human beings living here too. From its very first principles, capitalism has set itself at war against life itself.
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The problem with economic growth isn’t just that we might run out of resources at some point. The problem is that it progressively degrades the integrity of ecosystems.
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As ecological breakdown triggers tipping points, as agricultural output declines, as mass displacement undermines political stability, and as cities are ruined by rising seas, the environmental, social and material infrastructure that underpins the possibility of growth – and indeed the possibility of organised civilisation – will fall apart.
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If for whatever reason we don’t manage to stabilise the climate – a real possibility – nuclear sites will be vulnerable to severe storms, rising seas and other disasters that could turn them into radiation bombs. With climate breakdown bearing down on us, relying too much on nuclear could become a dangerous gamble.
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It is politically easier to rev up GDP and hope some of it trickles down to the poor than it is to distribute existing income more fairly.
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Atmospheric carbon concentration should not breach 350ppm if the climate is to remain stable (we crossed that boundary in 1990, and hit 415ppm in 2020).
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Economists have always recognised that some kind of initial accumulation was necessary for the rise of capitalism. Adam Smith called this ‘previous accumulation’, and claimed that it came about because a few people worked really hard and saved their earnings– an idyllic tale that still gets repeated in economics textbooks. But historians see it as naïve. This was no innocent process of saving. It was a process of plunder.
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If your economy requires people to consume things they don't need or even want, and to do more of it each year than the year before, just in order to keep the whole edifice from collapsing, then you need a different economy
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