To: The
Prime Minister Re: A Copernican Revolution in Economics Date: Sat, 24 May 2003 |
Dear Prime Minister,
I’ve been thinking about Claire Short reproaching you, during her resignation speech, for being concerned about your place in history, and am writing to tell you that I was pleased to hear it. It makes me think that you will do your best to make the right decisions for the good of our country and the world at large. Saddam Hussein, I have heard, was also concerned about his place in history, but apart from being a brute, he was also a very stupid man with an appalling warped view of reality. He thought he could impose his vain view of his place in history on the Iraqi people by force, because he had the power to do so. But the moment his power was gone, so was his vision of history. What a pathetic figure he looks now. One could almost feel sorry for him, if it were not for all the suffering he caused. In
contrast, you know, I am sure, that your
place in history will be
judged more-or-less
objectively by scholarly
historians, whereby your success will
depend to a large extent on
your (and your advisors’) view
of reality. My view of
reality tells me that we are on course for
disaster, because
our economy (including many of
the
values, attitudes and
aspirations on which it is
based), is non-sustainable. It
depends on perpetual growth,
which on a planet with limited
resources, a finite carrying
capacity and 7 – 9 billion
human inhabitants (most of
whom, once they can afford it,
will want their own car (more than
one if they have the money)
and to fly in an aeroplane
whenever they wish), is simply
not possible. But
instead of facing up to the
limitations of living on a
finite and vulnerable planet, we
are ignoring them and attempting to achieve the
impossible, which in this case
is not a bold thing to do, but
foolhardy and irresponsible in
the extreme, since it can only
lead to
climatic, ecological, economic and
social disruption of catastrophic
proportions in the decades
ahead. I know how
difficult it will be for you
to take me (my view of
reality) seriously when
probably all your advisors
will assure you that I’m
crazy. Perhaps I am – but
that is what most people
thought of Aristarchus and
Copernicus when they suggested
that Earth was a wandering
star (planet) which spun on
its axis while orbiting the
Sun, instead of being
stationary at the centre of
the universe, which was an obvious
and unquestionable fact to almost
everyone else. It is always easy with hindsight to distinguished the crackpots from the geniuses (in 20 years time most people will realise that my view of the world is not that of a crackpot), but in the meantime it is very difficult. It took me
many years to appreciate just
how revolutionary the
“Copernican Revolution”
actually was, because for generations
it has been taught and taken
for granted; so much so that
we find it
almost impossible
to image how anyone could have
believed anything else. The
idea of Earth being stationary
at the centre of the universe
now seems absurdly naďve to us,
but only because we
are the heirs of centuries of
accumulated scientific
knowledge which is
instilled into us from birth. If we hadn’t
been taught it, we would
assume the obvious, as most
people did up until and well
into the 17th
Century, which is that we are
at the centre of the universe,
around which everything else revolves. You cannot really teach appreciation; it has to be cultivated. But, unfortunately, very little time or effort is given to cultivating an appreciation of the knowledge we have. Perhaps this is because there is so much of it we don't know where to start, but I think also it is because we are so busy increasing, teaching, learning, testing and applying - to great effect, both positive and negative - what we know. In a sense, partly because of our growth-dependent economy, we are addicted to it, a bit like someone who eats compulsively (as I know from experience). We have to eat, of course, we depend on it, but like any compulsion, it is not healthy for us and can cause considerable physical, mental and emotional suffering. Cultivating
an appreciation of what we eat
(know) can help us overcome
our compulsive behaviour.
Learning to appreciate the Copernican
Revolution is particularly
important, not just academically, but
because of the light it throws into
the darkness we are in at the
moment, not in respect to the
physical sciences, where now
there is so much light it is
difficult not to be dazzled,
but in respect to the “social
sciences”, particularly
economics, and where these
intersect with the earth and
life sciences. Most people, of course, do not realise that in some important respects we are living in a dark age, any more than those who believed in the Earth-centred Ptolemaic system did; and most economists will defend the authority of what they teach just as doggedly as 17th Century Catholic theologians defended their teaching against the Copernicans. There are just a few of us, who you might call the Copernicans of 21st Century economics, who realise just how seriously flawed our present economic system is, because of its inherent inability to facilitate the creation of sustainable conditions on board our very large, but nevertheless finite and vulnerable planet, Spaceship Earth. In 400 years time my draft model of a sustainable socio-economic system will probably seem as imperfect as Copernicus's heliocentric system does to us now. Nevertheless their central truths remain: In the case of Copernicus, that it is the Earth that moves, spinning on its axis and orbiting the Sun rather than remaining stationary at the centre of the universe, and in my case, that man must create the framework for an economy and lifestyles which are subordinated to the demands of sustainability and justice on our finite planet, rather than allowing an economy based more on man's animal than human nature to drive us along an unsustainable path to disaster. Whether
someone believed in the
Copernican system or the
Ptolemaic system in the 16th
and 17th Centuries
was fairly academic (provided
they didn’t shoot their
mouths off about it in the
wrong company, as Bruno and
Galileo did) and had no
consequences for normal
everyday life. In fact, it was
only of any real interest to
philosophers, astronomers
and those who simply wanted to
know the truth (or defend
their own monopoly of the
truth from it, as many clerics
and theologians did). The
present situation in respect
to economics is very
different. It does not concern
lofty philosophical thoughts
about cosmology, the physical
nature of the universe and our
place in it, but the mundane
survival and well-being of our
species. Far from being
academic, it is a matter of
life and death, if not for
ourselves, certainly for
today’s children and coming
generations. It is frustrating for me knowing just how difficult (perhaps impossible) it is for you and others to understand what I’m saying. Unlike the Copernicans in the latter half of the 16th Century, I don’t have all the time in the world to convince you of the correctness of my view. We are racing towards catastrophe and everyone around me seems to be deaf, unable to hear my warnings. TO BE CONTINUED |