Less is More: How Degrowth Will Save the World QUOTES

2 " When we hear the phrase ‘clean energy’ it normally calls to mind happy, innocent images of warm sunshine and fresh wind. But while sunshine and wind are obviously clean, the infrastructure we need to capture it is not. Far from it. The transition to renewables is going to require a dramatic increase in the extraction of metals and rare-earth minerals, with real ecological and social costs. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

4 " In the late 1970s, growth in Western economies began to slow down and returns on capital began to decline. Governments came under pressure to do something about it – to create a ‘fix’ for capital. So they attacked unions and gutted labour laws in order to drive the cost of wages down, and they privatised public assets that had previously been off limits to capital – mines, railways, energy, water, healthcare, telecommunications and so on – creating lucrative opportunities for private investors. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

6 " 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. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

8 " When capital has bumped up against limits to profit-growth in the past, it has found fixes in things like colonisation, structural adjustment programmes, wars, restrictive patent laws, nefarious debt instruments, land grabs, privatisation, and enclosing commons like water and seeds. Why would it be any different this time? Indeed, a study by the ecological economist Beth Stratford finds that when capital faces resource constraints, this is exactly what happens: it turns to aggressive rent-seeking behaviour. It seeks to grab existing value wherever it can, with clever mechanisms to suck income and wealth from the public domain into private hands, and from the poor to the rich, exacerbating inequality. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

10 " We know exactly what we need to do in order to avert climate breakdown. We need to mobilise a rapid rollout of renewable energy – a global Green New Deal – to cut world emissions in half within a decade and get to zero before 2050. Keep in mind that this is a global average target. High-income nations, given their greater responsibility for historical emissions, need to do it much more quickly, reaching zero by 2030. It is impossible to overstate how dramatic this is; it is the single most challenging task that humanity has ever faced. The good news is that it is absolutely possible to achieve. But there’s a problem: scientists are clear that it cannot be done quickly enough to keep temperatures under 1.5°C, or even 2°C, if we keep growing the economy at the same time. Why? Because more growth means more energy demand, and more energy demand makes it all the more difficult – impossible, in fact – to roll out enough renewables to cover it in the short time we have left. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

12 " Ecosystems are complex networks. They can be remarkably resilient under stress, but when certain key nodes begin to fail, knock-on effects reverberate through the web of life. This is how mass extinction events unfolded in the past. It’s not the external shock that does it – the meteor or the volcano: it’s the cascade of internal failures that follows. It can be difficult to predict how this kind of thing plays out. Things like tipping points and feedback loops make everything much riskier than it otherwise might be. This is what makes climate breakdown so concerning. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

14 " Under capital’s growth imperative, there is no horizon – no future point at which economists and politicians say we will have enough money or enough stuff. There is no end, in the double sense of the term: no maturity and no purpose. The unquestioned assumption is that growth can and should carry on for ever, for its own sake. It is astonishing, when you think about it, that the dominant belief in economics holds that no matter how rich a country has become, their GDP should keep rising, year after year, with no identifiable end point. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

16 " Today, nearly every government in the world, rich and poor alike, is focused single-mindedly on GDP growth. This is no longer a matter of choice. In a globalised world where capital can move freely across borders at the click of a mouse, nations are forced to compete with one another to attract foreign investment. Governments find themselves under pressure to cut workers’ rights, slash environmental protections, open up public land to developers, privatise public services – whatever it takes to please the barons of international capital in what has become a global rush towards self-imposed structural adjustment. All of this is done in the name of growth. "

― Jason Hickel , Less is More: How Degrowth Will Save the World

18 " 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). "

― Jason Hickel , Less is More: How Degrowth Will Save the World

20 " From the perspective of human welfare, the high levels of GDP that characterise the United States, Britain and other higher-income countries turn out to be vastly in excess of what they actually need. "

― Jason Hickel , Less is More: How Degrowth Will Save the World