Rent, Profit, and Degrowth – A Postscript to “Capitalism and Climate Collapse”
In Capitalism and Climate Collapse, I argued that catastrophic climate collapse cannot be avoided under capitalism because capitalism requires economic growth, economic growth requires energy growth, energy growth requires extensive burning of fossil fuels, and extensive burning of fossil fuels causes catastrophic climate collapse. To avoid collapse, we need to shrink the economy – that is, degrowth – to a sustainable level with respect to energy requirements, and then switch to a steady state economy to stay at that level. What exactly that sustainable level is is debatable, but regardless of whether it’s closer to one third of current closer...
A Buddha Land in This World (New Book)
My new book, A Buddha Land in This World: Philosophy, Utopia, and Radical Buddhism, has just been published. Here is the abstract/back cover blurb: In the early twentieth century, Uchiyama Gudō, Seno’o Girō, Lin Qiuwu, and others advocated a Buddhism that was radical in two respects. Firstly, they adopted a more or less naturalist stance with respect to Buddhist doctrine and related matters, rejecting karma or other supernatural beliefs. And secondly, they held political and economic views that were radically anti-hegemonic, anti-capitalist, and revolutionary. Taking the idea of such a “radical Buddhism” seriously, A Buddha Land in This World: Philosophy,...
No Time for Utopia
Most political thought is “ideal theory”: its arguments are based on an idealized world in which important aspects of reality are abstracted away. Abstraction isn’t necessarily a bad thing – in the contrary, it is often necessary in science – but it isn’t self-evident that the results of abstractions and idealizations are (always) applicable to the real world, and if theory doesn’t descend from the ideal world to reality it turns into an intellectual game without practical relevance; or worse, as the case of neoclassical economics illustrates. In that case abstraction and idealization resulted in a “theory” that explains nothing,...