Andrew Simms - Author, Cancel the Apocalypse HARDtalk


Andrew Simms - Author, Cancel the Apocalypse

Similar Content

Browse content similar to Andrew Simms - Author, Cancel the Apocalypse. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

these figures being released, the price increased again.

:00:05.:00:15.
:00:15.:00:16.

Welcome to HARDtalk. Economic growth and how to get it dominates

:00:16.:00:20.

the political agenda in countries across the globe, from China with a

:00:20.:00:24.

few it is slowing, to Europe, where there seemed to have none at all.

:00:24.:00:28.

Without growth, had to be climbed back out of the mess in which the

:00:28.:00:32.

financial crash put us in? Harder those parts of the world where

:00:32.:00:35.

basic needs for food, water and shorter have not been that has any

:00:35.:00:41.

chance of a better future? -- shelter. Andrew Simms things we are

:00:41.:00:45.

asking the wrong question. They advocate of economic growth fails

:00:45.:00:49.

to explain how an ever-expanding economy can be sustained if we

:00:49.:00:59.
:00:59.:01:03.

carry on as we are, we are heading to the apocalypse. What is his

:01:03.:01:13.
:01:13.:01:27.

Andrew Simms, welcome. What is wrong with growth. One of the

:01:27.:01:31.

problems is it measures the quantity and not quality. If you

:01:31.:01:35.

have something like a crime wave or epidemic or riot, the money spent

:01:35.:01:39.

on health services and cleaning up and security would look good in the

:01:39.:01:44.

growth figures. But that would be no indication of whether Law

:01:44.:01:48.

Society was succeeding or on a personal level, imagine we got on a

:01:48.:01:52.

Sunday morning. I had a choice of going for a walk in the fresh

:01:52.:01:56.

spring air, getting in a car, getting stuck in gridlock, going to

:01:56.:02:01.

a DIY shop to buy some chemical drain cleaner. According to the

:02:01.:02:05.

growth figures, I would be happier getting stuck in traffic then

:02:05.:02:09.

walking in my part. That is how it measures whether an economy is

:02:09.:02:13.

doing well. It does not make sense. It does not really be that all

:02:13.:02:19.

growth is bad. No. There are many different types of growth.

:02:19.:02:23.

Depending on the pattern of economic captivity. They can be

:02:23.:02:27.

more or less jobs, pollution. It can come in circumstances of

:02:27.:02:32.

suppression of human rights or to social freedom. These are the

:02:32.:02:36.

important questions to ask. What are we trying to achieve with the

:02:36.:02:41.

economy? How should we measure that success? You point out that the

:02:42.:02:45.

quality of economic growth is important. Economic growth is about

:02:45.:02:49.

adding up the goods and services in and out of an economy, coming up

:02:49.:02:54.

with something better than it was yesterday, last week, last month,

:02:54.:03:00.

last year. It can be positive development. In developing

:03:00.:03:05.

countries, I can cope for it to you a former chief economist, countries

:03:05.:03:10.

with higher GDP growth results in law mortality. Running water,

:03:10.:03:16.

sewage systems, better schools and education for children. With wood

:03:16.:03:20.

stoves, the air is clear of smoke. Although just come from economic

:03:20.:03:26.

growth. We have to make two distinctions. Growth works

:03:26.:03:30.

differently in countries like the UK and the US and developing

:03:30.:03:35.

countries where basic needs are not met. If you are tackling poverty in

:03:35.:03:39.

a developing country, but would almost certainly accompany economic

:03:39.:03:43.

growth. In rich countries where we have passed thresholds already, for

:03:43.:03:47.

the last few decades, economic growth has been delayed from rising

:03:47.:03:52.

levels of human well-being and life satisfaction. Really? You are

:03:53.:03:57.

saying everybody in a country like the US and UK already has so much

:03:57.:04:01.

of the benefits of growth that they no longer get benefit from any

:04:01.:04:06.

further growth? It is a consistent pattern across most advanced

:04:06.:04:10.

industrialised economies that for the last few decades, as growth has

:04:10.:04:15.

gone up, life satisfaction has flat land. In some places, it has gone

:04:15.:04:21.

down. You might take a different situation in a country with --

:04:22.:04:24.

where David Mead are not met. If you are getting people into work

:04:24.:04:29.

and 50 people out of poverty, you are getting levels of increase of

:04:29.:04:33.

GDP. What is the connection between the two. I do not people will

:04:33.:04:37.

disagree with you that growth is not the only thing that matters

:04:37.:04:44.

that the hummer other ways of pursuing satisfaction. Let me quote

:04:44.:04:54.
:04:54.:04:57.

From -- he is talking about the importance and lardy of life in

:04:57.:05:01.

society. He says economic growth may be a necessary condition for

:05:01.:05:05.

the relief of poverty. Big is enough on its own but it is a

:05:05.:05:09.

necessary condition. Do you accept that? None of these good things can

:05:09.:05:15.

be achieved without economic growth. How can everybody collectively in

:05:16.:05:19.

the world survive and thrive? Working within the tolerance levels

:05:19.:05:26.

of the biosphere and life-support systems we have. If we get to that

:05:26.:05:32.

stage if we had economic growth? back to Adam Smith, John Stuart

:05:32.:05:37.

Mill. They imagined, 150 years ago, the more advanced economies were

:05:37.:05:41.

concerned, they were up to the level of material comfort they

:05:41.:05:45.

needed. But society would develop in other ways. So they were wrong

:05:45.:05:52.

about that? Things went on. Now we are against the buffers of our

:05:52.:05:57.

ecological threshold. Look at the number of people being lifted out

:05:57.:06:03.

of absolute poverty over the last few decades. Statistically, China

:06:03.:06:06.

accounts for the entire number of people lifted out of poverty. But

:06:06.:06:10.

even in China, depended on exploiting natural resources

:06:10.:06:14.

outside its boundaries, because it does not have enough itself, even

:06:14.:06:22.

there, a report that came... Lead before officials saw it, estimated

:06:22.:06:24.

three-quarters of one million people per year die prematurely as

:06:24.:06:30.

a consequence of pollution. How do we achieve in the development while

:06:30.:06:34.

working within the biosphere's tolerance levels. If we undermined

:06:34.:06:37.

those fundamental life-support systems, you are not being a front

:06:37.:06:45.

of the poor in any country. On that basis, there are ways showing that

:06:45.:06:49.

improvements can come about with economic growth. Because of the

:06:49.:06:53.

consequence of economic growth, it actually reduces the strain. For

:06:53.:06:57.

example, population growth. They are statistics that suggest

:06:57.:07:03.

population growth has declined as countries have become wealthier.

:07:03.:07:12.

Brazil, average size of the family, 6.2% in 1960. Now 1.8%. I quit the

:07:13.:07:21.

former Chief economist. Girls receive more education. The riches

:07:21.:07:26.

of economic growth. It is absolutely the case. People find

:07:26.:07:31.

their livelihoods are more secure. Victualler to raid struck off the

:07:31.:07:34.

cliff. There is something slightly misleading there. If you compare

:07:34.:07:39.

for example a typical individual in North America or the UK and look at

:07:39.:07:43.

the greenhouse gas emissions, and take one year, starting from the

:07:43.:07:47.

stroke of midnight, if you live in view as from January 2nd, you will

:07:47.:07:50.

have accounted for the same greenhouse gas emissions that

:07:50.:07:54.

somebody in Tanzania would emit over the course of an entire year.

:07:54.:08:00.

One measure. This is fundamental. This is one of the dominoes which

:08:00.:08:05.

when it topples, knocks on to all the life-support systems. Food,

:08:05.:08:10.

farming, Forest, Fisheries. The very basis on which our live with

:08:10.:08:15.

the band. If you get past the point of no return, he gets hit first and

:08:15.:08:21.

worst? People who are the poorest living in the most marginal land.

:08:21.:08:24.

That is the argument for saying we need for economic growth in other

:08:24.:08:29.

parts of the globe. The question is, how do we stay the right side of

:08:29.:08:33.

going beyond the point of no return in some of these critical support

:08:33.:08:38.

systems? Can that be achieved? Another environmental economist

:08:38.:08:42.

once famously said that in terms of how we can improve by efficiency,

:08:42.:08:47.

you can sure enough it further down the food chain but you cannot eat

:08:47.:08:52.

menus. This is the problem. How do we share the available

:08:52.:08:57.

environmental space upon which our economies depend in such a way that

:08:57.:09:00.

we all stand a good chance of leading a decent quality of life?

:09:00.:09:06.

Not so long ago, there was a leader. He spoke as if he should your

:09:06.:09:10.

perspective. The rate, the pursuit of wealth is no longer as it was to

:09:10.:09:14.

hit people's hopes and aspirations. Of the consumption of resources

:09:14.:09:18.

cannot for this fight our in borders buyers. The quarter of life

:09:18.:09:22.

means more than quantity of money. You could those words from David

:09:22.:09:27.

Cameron. And then be speech he made three years later, when he had

:09:27.:09:32.

indeed come to power. He said, it is a new year. The coalition

:09:32.:09:36.

government has one resolution, to help drive growth. Where did he go

:09:36.:09:42.

wrong? By getting elected, David Cameron said it had four in

:09:42.:09:47.

opposition. In fact, he was echoing the words of another once head for

:09:47.:09:53.

a politician, Robert Kennedy. Half a century ago, the thing about GDP,

:09:53.:09:57.

it measures everything apart from that that makes life truly

:09:57.:10:01.

worthwhile. David Cameron came from an idea of general well being, an

:10:01.:10:05.

equal indicator that should direct our economics policies. You are

:10:05.:10:08.

saying that is not compatible with being an elected politician in

:10:08.:10:12.

power? It is not compatible with some of the choices are made all

:10:12.:10:19.

been in a force. There is a great mistake. -- Office. There was a

:10:19.:10:22.

moment around the time of the financial crisis in the 2007, 28

:10:22.:10:29.

back. Many economies that had been Systems

:10:29.:10:33.

Systems fell into great difficulty. The US and UK were two of the

:10:33.:10:37.

leading examples. There was an opportunity to have a multiple

:10:37.:10:41.

winner, to stabilise the economy, to get good quality economic

:10:41.:10:46.

activity to create jobs. It would have been through green stem this

:10:46.:10:51.

spending. Cut a cyclical investment to invest in green energy and green

:10:51.:10:55.

transport. Increasing the energy efficiency of our building stock.

:10:55.:11:00.

But could have achieved more carbon emissions, more jobs, greater

:11:00.:11:08.

energy security. It would maintain the economy. That was an

:11:08.:11:11.

opportunity in some countries missed. Other countries took it.

:11:11.:11:18.

South Korea did it well. But not other places? Knocked Europe, not

:11:18.:11:25.

the US. The best emerging economies in your opinion. Not withstanding

:11:25.:11:30.

getting elected, it simply came up against reality. An economy that

:11:30.:11:34.

Nick Bailey is not growing but has been shrinking. At the end of this

:11:34.:11:38.

week, we will find out whether the British economy has struck again in

:11:38.:11:42.

to seize what is described as a triple dip recession. British

:11:42.:11:46.

politicians are nervous about it. Presumably, you would actually see

:11:46.:11:52.

it as good news. It is an odd reality they are facing. You take

:11:52.:11:57.

an organisation like the Labour Organisation, which sees 60 million

:11:57.:12:07.
:12:07.:12:10.

drugs in the Queen, sectors. -- I'm not asking about them. What

:12:10.:12:15.

would you think. Would it be a good thing if we go back to recession?

:12:15.:12:20.

Economic growth is similar to the IDs he would achieved. Recession is

:12:20.:12:27.

neither here nor there. It is for many people. You have not got a job

:12:27.:12:32.

and you cannot face prospect of having to pay -- let me make a

:12:32.:12:36.

point. How do you deal for the practicality for people who are not

:12:36.:12:40.

living in this degree of uncertainty his life prospects may

:12:40.:12:44.

be negative. You are saying economic growth is a bad thing for

:12:44.:12:47.

them and for what they are sitting, it is beefing it makes a difference

:12:47.:12:51.

between a decent quality of life and a miserable existence. Growth

:12:51.:12:56.

has failed many of those people. If you look at wage levels among the

:12:56.:13:01.

income brackets, growth has failed globally. Tricking benefits killer

:13:01.:13:10.

was income bracket. Even in richer Why have you not been able to

:13:10.:13:16.

persuade people of how this was this is? It is a default position

:13:16.:13:22.

to look at how growth has gone up by. It is nonsense to look at that.

:13:22.:13:27.

We need to look at what it is but we want to achieve. If people want

:13:27.:13:31.

nor energy bills and a jobs and not the few of going into another

:13:31.:13:35.

resource driven conflict, the answer is to re-engineer euro

:13:35.:13:40.

economies with something like a green deal to create jobs. Take a

:13:40.:13:44.

Baker which a bank. If you invest in a renewable energy driven

:13:44.:13:49.

economy rather than having a fossil fuel for nuclear power one that is

:13:49.:13:53.

decentralised, pound-for-pound. For - what dollar for dollar, you will

:13:53.:13:58.

create more jobs. If you would homes for pensions, look at the

:13:58.:14:02.

renewal will energy sector. Developed infrastructure that pays

:14:02.:14:12.
:14:12.:14:22.

You have talked about alternative growth. What effect it will have on

:14:22.:14:26.

our well-being. How are they determined? Who decide and how do

:14:26.:14:32.

they decide if these things need your objective? You talk about a

:14:32.:14:35.

wind farm. That could pass your first Test on impact on the

:14:35.:14:41.

biosphere. It may not be detrimental to Bolton -- equality.

:14:41.:14:44.

But it may be to my will be in if I live next to it. I might not like

:14:44.:14:50.

the noise. I might find my quality of life deteriorates. Who weighs

:14:50.:14:55.

that in the balance? Who decides if my view counts or doesn't? Straight

:14:55.:14:58.

forward statistically, whether something goes up on -- or down

:14:58.:15:04.

based on that, there are many ways of measuring it. Sometimes observed

:15:04.:15:08.

in linear cause and effect is not straightforward. For example, if

:15:08.:15:14.

you do not go down a safe energy -- track, you get high energy prices,

:15:14.:15:19.

global instability. You don't have a job to go to. Those things

:15:19.:15:24.

undermine your well-being. You are saying my well-being as I perceive

:15:24.:15:31.

it, I should be ignored? You may say, you may not like it but tough.

:15:31.:15:37.

Absolutely not! But if you are not saying that... Every society has to

:15:37.:15:43.

make democratic choices. Well, they have been made! That is why David

:15:43.:15:48.

Cameron is saying, Surrey. raise an interesting example about

:15:48.:15:51.

windmills. If you go to an area where old forms of doing business

:15:51.:15:56.

have started to fail the people, you take full farmers are amongst

:15:56.:16:03.

Welsh farming communities, there is an awful lot made about what impact

:16:03.:16:06.

they might have. But there are quite a few communities there where

:16:06.:16:11.

farmers who could no longer make a living from their hill farms want

:16:11.:16:15.

to see wind turbines put up. The people who object are the second

:16:15.:16:20.

home owning incomers from another place. Perhaps we want to pop out

:16:20.:16:25.

for a weekend from London. These require balancing. But we do have

:16:25.:16:30.

ways of measuring alternative ways -- alternative ways to measure

:16:30.:16:34.

success or failure. We could get into an interesting argument about

:16:34.:16:38.

who dislikes windmills or not and who dislikes having them next to

:16:39.:16:42.

them. You might have used on that, I am sure the audience would. But

:16:42.:16:47.

it might be more productive to ask this. There are theories that are

:16:47.:16:51.

quite entertaining renewed talk about them in a television studio

:16:51.:16:54.

and they make quite a good reading a book but they are not practical

:16:54.:16:58.

and will never actually happened. The problem with much of this

:16:58.:17:02.

debate is, and probably very frustrating for you, is that it

:17:02.:17:05.

won't happen. Renewed talk about practicality and whether things

:17:05.:17:10.

will happen, I notice that in the most recent economic Outlook, they

:17:10.:17:17.

are expecting to see something like a three. We global growth next year.

:17:17.:17:21.

-- when you talk. That means in 20 years, the global economy would

:17:21.:17:26.

have doubled. We are already using about 1.5 planets worth globally of

:17:26.:17:32.

the ecosystem services on which we depend. I predict it is entirely

:17:32.:17:35.

unrealistic and impractical to think that we can continue in the

:17:35.:17:39.

way that we are. If we wish to preserve the climatic conditions in

:17:39.:17:45.

which civilisation emerged. Those are the words used by the leading

:17:45.:17:49.

climate scientists from a NASA mac. We are because -- cost of losing

:17:49.:17:53.

the climatic conditions upon our livelihood depends. What is the

:17:53.:17:58.

plan to get us to the right side of the danger zone? As you say in this

:17:58.:18:01.

book, a simple historical fact, human beings have an amazing

:18:01.:18:05.

ability to change and adapt. But you are worried about the kinds of

:18:05.:18:10.

adaptations but to at least accept we have the capacity to do that. A

:18:10.:18:15.

practical example. The extraction of shale gas. Fracking. Very

:18:15.:18:21.

interesting. When the government encouraged it, you published an

:18:21.:18:26.

article saying we can't afford to invest in fracking. Why not? One of

:18:26.:18:31.

the reasons it is another fossil fuel, it locks us into a fossil

:18:31.:18:35.

fuel based infrastructure. An example by Cambridge... It is but

:18:35.:18:38.

in the absence of other fuels that we can go to in the big scale, at

:18:39.:18:45.

least it has less impact. There is not an absence of other

:18:45.:18:49.

technologies. A study by Cambridge made the point that if you invested

:18:49.:18:52.

similarly in offshore... A combination of offshore and onshore

:18:52.:18:59.

wind, it would generate potentially 100,000 jobs. I have seen that

:18:59.:19:03.

article. I would say there are alternatives. What happens when the

:19:03.:19:07.

wind doesn't blow? You have to have an alternative supplier. Therefore

:19:07.:19:12.

you are into education. The good thing about renewable energy is

:19:12.:19:16.

when you have a combination over -- spread over a large geographical

:19:16.:19:21.

area and, something that works well in the day, wind that works well in

:19:21.:19:25.

the night, a grid network that can pick up the slack across a large

:19:25.:19:29.

area, in many ways renewables can be more reliable. There could be a

:19:29.:19:33.

time when a network of nuclear power stations have gone down and

:19:33.:19:38.

have had to be bailed out. We are talking about extraction of shale

:19:38.:19:43.

gas. In for 2011 it was said that fracking has reduced the emission

:19:44.:19:49.

of greenhouse gases. Do you accept that? Gas can definitely play apart

:19:49.:19:53.

as a transition to a lower carbon future. What is the problem with

:19:53.:20:00.

fracking? For one thing, it's a very energy intensive and

:20:00.:20:05.

inefficient use of fossil fuels. Let me say what you wrote in his

:20:05.:20:08.

article. In 2013, we will have a repeat in energy policy of the

:20:08.:20:12.

folly of the reckless and rational approach to finance and banking.

:20:12.:20:17.

How is this reckless? That is absolutely the case. It is reckless

:20:17.:20:22.

because we have a very short window of time in which to lay the

:20:22.:20:26.

foundations, rewire and economies, get the infrastructure in place.

:20:26.:20:30.

How does that compare with banking and finance? Because there are

:20:30.:20:34.

fundamental mistakes made about reading the signs of risk. There is

:20:34.:20:38.

an interesting... A great statistician... I don't want to go

:20:38.:20:43.

into him. I want to ask you this. Isn't the problem you face that in

:20:43.:20:45.

the frustration to deal with the fact that politicians and political

:20:45.:20:49.

leaders and the rest of us have not taken seriously the concerns

:20:49.:20:53.

expressed, that you fall back on not argument but exaggeration?

:20:53.:20:58.

There's no exaggeration in any of this. The his book is called

:20:58.:21:04.

'Cancel the Apocalypse'. What Apocalypse? -- this book. If the

:21:04.:21:07.

best signs we have available is right and we have no reason to

:21:07.:21:11.

believe it is not, we have a terrifying we short window of a few

:21:11.:21:16.

years to avoid the point after which the environment will dominoes

:21:16.:21:20.

begin to fall. There's no sound signs that tells us the opposite is

:21:20.:21:26.

the case. Let me put to you...I understand it is difficult and

:21:26.:21:30.

there are reputation will risks in predicting the apocalypse. After

:21:30.:21:34.

last year when we had various crazy readings of ancient calendars and

:21:34.:21:38.

readings from the Bible, people were saying... People make jokes

:21:38.:21:42.

about the Apocalypse like there's no tomorrow. But bad things do

:21:42.:21:46.

happen. In the history of life of this earth, they have been a series

:21:46.:21:51.

of mass extinction events. Are we heading for mass extinction now?

:21:51.:21:55.

Are we are living through what scientists call an mass extinction

:21:55.:21:58.

event. Climate change is progressing ten times at the rate

:21:58.:22:06.

that it did previously. I fear time may be running out for his

:22:06.:22:12.

programme. It is all about problem. Fair enough. It was observed in an

:22:12.:22:20.

interview in 2010 that the facts environmentalists thought would

:22:20.:22:27.

convince everybody to change their progress -- actions. The next was

:22:27.:22:31.

the apocalypse. Society would fall apart. It is that use of fear that

:22:31.:22:35.

is the main indicator of this. You are up -- is threatening the

:22:35.:22:39.

Apocalypse the only way to convince us to abandon African economic

:22:39.:22:43.

growth? You have misread my approach. The book is called

:22:43.:22:49.

'Cancel the Apocalypse'. -- economic growth. And our ability to

:22:49.:22:56.

dig ourselves out of this. If we ignore the signs, if we willfully

:22:56.:23:01.

ignore the signs that threaten our ability to we joy and flourish and

:23:01.:23:06.

prosper as a civilisation, we will only have ourselves to blame. But I

:23:06.:23:09.

think we have the techniques, technology and human a ingenuity to

:23:09.:23:13.

Download Subtitles

SRT

ASS