I finally finished The Great Disruption by Paul Gilding although it took me a long time. I’m not sure why it took me so long. It’s a very interesting book with a lot to say about the impact of climate change on other aspects of our world. It’s subtitle is Why the Climate Crisis Will Bring On the End of Shopping and the Birth of a New World.
I have never really understood economics. I felt like I was beginning to by listening more to NPR, especially Marketplace. One of the things they always talk about is how many jobs have been added each month. I always wondered where those jobs were coming from and if they could possibly be permanent jobs. How many more things are there for people to do that aren’t being done? It turns out this is a good question and not purely economic ignorance on my part. Paul Gilding says that to get as close as possible to zero unemployment people need to work less so that more people can work. This will only work if our economy is no longer based on growth – on everyone having more money to spend it on more things. This is a growth economy.
Paul Gilding argues that our economy, a growth economy, cannot be sustainable. The Earth and its resources are finite. The idea that everyone should earn more and spend more and have more things doesn’t work. He says we need – and are going to be forced to switch to – a sustainable economy. The good news is that there is evidence that the richer you are – and the more stuff you have – doesn’t make you happier. So quality of life may actually improve in a sustainable economy rather than a growth economy. I found this hard to accept at first. I think more money will make me happier, but apparently that’s because I haven’t reached the income where I don’t have to worry about making it every month. Once you’re not concerned about money on a regular basis and are able to spend money on leisure activities, having more money no longer matters to your happiness.
Paul Gilding goes through what he expects will happen as our economy can no longer grow and the climate crisis gets worse. He thinks that a crisis or catastrophe will occur and suddenly the world will be forced to confront climate change. We will finally be forced to act. He titled this chapter The One-Degree War. This one degree of global warming means the Co2 concentration needs to be about 350 parts per million. (This number has been advocated by many people, including scientists.) Gilding claims that although it seems unrealistic now, once the world is mobilized people all over will find ways to make it happen. Despite what may seem like a doomsday message – our economy is unsustainable and we are headed for a crisis – he remains optimistic mostly because he believes in the creativity and intelligence of people.