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As the authors Rob Dietz and Dan O'Neill discuss in their book Enough is Enough, that's a big problem that we seem to be blind to. As examples, the authors list four surprising things of which we have more than we need (and the damage done with the excess):
1. Priuses.
The Toyota Prius has
become a popular ride, capturing more and more market share each year. These
vehicles use less fuel per mile traveled, but the lower operating costs
encourage additional driving, a circumstance which can undermine (or even
overtake) the original gain in efficiency—this is the rebound effect. More technology and greater efficiency have
their place, but they are not enough on their own. We can't consume our way to sustainability,
even if that consumption consists of cooler cars.
2. Attention paid to GDP.
GDP has become the
most watched and most misinterpreted of all economic indicators. GDP is just a
measure of money changing hands, and it doesn’t ask what that money is actually
being spent on. It could be spent on
good things like bicycles and education, or bad things like war and disaster
cleanup. It turns out we’re spending
more and more money on things in the second camp, and calling this "progress." It's time to ditch GDP and measure what
really matters—the health of our societies and the ecosystems that support
them.
3. Infrastructure Projects.
Unlike
the successes of FDR's New Deal, many of these projects turned out to be unproductive,
and they failed to provide jobs over the long term. The U.S. has also been directing funds to infrastructure
("stimulus" spending), mostly in fossil-fueled urban areas. Society needs jobs, but creating them through
wasteful and obsolete build-outs is a dead end. For example, an ultra-modern,
cable-stayed bridge provides an easy way to get across the harbor of Hamada,
Japan. The only trouble is that not very
many people want to get across the harbor, resulting in a wasted expense of
public money and amassed debt to build infrastructure with little purpose.
4. Cheerleading for Growth.
When a newscaster
says, "The market has turned bullish, pushing the Dow Jones Industrial
Average higher," the most common response is, "Whoo-hoo!" But if Boeing’s stock price increases because it is expected to sell more
weaponry, or if Exxon Mobil’s stock goes up because it can exploit tar sands, is
that a good thing? All “growth” is not
equal and definitely not beneficial to society even if it is to the stock
markets.