110| Ecological Economics, Systems Thinking, and the Limits to Growth

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Guests:

Jim Pittman (https://www.linkedin.com/in/jamespittman/)

Matt Orsagh (https://www.linkedin.com/in/matt-orsagh-a1b8417/)

Steve Rocco (https://www.linkedin.com/in/steverocco/)

Books Referenced:

Ecological Economics (https://www.goodreads.com/book/show/77985.Ecological_Economics?ac=1&from_search=true&qid=ZDNVmbxl5B&rank=1)

The Limits to Growth (https://www.goodreads.com/book/show/705418.Limits_to_Growth?from_search=true&from_srp=true&qid=1uh5jgBt1O&rank=1)

The Web of Life (https://www.goodreads.com/book/show/26155239-web-of-life)

Thinking in Systems (https://www.goodreads.com/book/show/3828902-thinking-in-systems?from_search=true&from_srp=true&qid=Q81KDn3a1D&rank=1)

Energy and Civilization (https://www.goodreads.com/book/show/31850765-energy-and-civilization?from_search=true&from_srp=true&qid=pCNkYwiE3S&rank=1)

Sustainability is for Everyone (https://www.goodreads.com/book/show/19107270-sustainability-is-for-everyone?from_search=true&from_srp=true&qid=sX3sH8kdj5&rank=1)

Less is More (https://www.goodreads.com/book/show/53328332-less-is-more?ref=nav_sb_ss_1_12)

Donut Economics (https://www.goodreads.com/book/show/57410899-donut-economics?ref=nav_sb_ss_1_15)

Technical Revolutions in Financial Capital (https://www.goodreads.com/book/show/60509.Technological_Revolutions_and_Financial_Capital?from_search=true&from_srp=true&qid=TcwHjED9BR&rank=1)

The End of Nature (https://www.goodreads.com/book/show/199359.The_End_of_Nature?ref=nav_sb_ss_1_17)

In Season 9, Episode 110 of Bionic Planet, titled "Ecological Economics, Systems Thinking, and the Limits to Growth," we delve into a thought-provoking discussion with ecological economists Jim Pittman, Matt Orsagh, and Steve Rocco. The episode explores the fundamental concepts of ecological economics, systems thinking, and the difference between overshoot and tipping points.

The conversation begins with a reflection on the limitations of using GDP as a measure of a nation's health, as highlighted by economist Simon Kuznets, the inventor of GDP. The guests emphasize the importance of rethinking economic health and well-being, shifting from a focus on GDP growth to a more holistic approach that includes human and planetary health.

The discussion then delves into the historical context of the environmental movement, referencing influential books like "The End of Nature" by Bill McKibben and "The Limits to Growth" published in 1972. The guests highlight the interconnectedness of human activities, climate change, biodiversity loss, and the urgent need to address these issues before reaching irreversible tipping points.

The conversation also touches on the concept of degrowth, which proposes an equitable downscaling of production and consumption to enhance human well-being and ecological conditions. The guests emphasize the importance of transitioning from individual self-interest to collective optimization, drawing parallels with the behavior of slime molds in response to scarcity.

The episode concludes with a call to action for reevaluating our current economic paradigm, shifting towards a more sustainable and equitable model that prioritizes health and well-being over GDP growth. The guests stress the urgency of addressing planetary boundaries, overshoot, and the impending tipping points that threaten the stability of our ecosystems.

Overall, the ep