ECOLOGICAL ECONOMICS: What has Covid-19 revealed about our fragile economy? | Mar 7, 2021 | 11:05
Due to the increase in devastation and frequency of disasters, economic factors in business, education, food, health, protection and transport must now include bottom up solutions to ecological economics.
NOAA’s National Centers for Environmental Information (NCEI) has released the final 2020 update to its Billion-dollar disaster report (https://www.ncei.noaa.gov/access/billions/), officially confirming what communities across the nation experienced first-hand: 2020 was a historic year of extremes.
There were 22 separate billion-dollar weather and climate disasters across the United States, shattering the previous annual record of 16 events, which occurred in 2017 and 2011. The billion-dollar events of 2020 included a record 7 disasters linked to tropical cyclones, 13 to severe storms, 1 to drought, and 1 to wildfires. The 22 events cost the nation a combined $95 billion in damages.1
The economics of collapse are fairly straight forward. Businesses exist to make a profit. If they can't produce, they can't sell things. This means they won't make profits, which means they are less able to employ you. So, more people lose their jobs or fear losing their jobs.
As Corona virus set this in motion, it revealed that our current economic system can't be relied upon to give us the things we need to live, like health care, food and housing. So you have to have some other system which steps in and protects those things. One of the things that the pandemic has revealed is our reliance on economic growth. It now appears that across all kinds of environmental categories never-ending growth is just a terrible idea. The very last thing global industrial-military complexes want their citizens to wake up to isforce majeure.
Growth is one of our least contested ideologies. For one it sounds like a good thing and it's what we've been told we're aiming for with gross domestic product seen by many as a measure of success. But you don't have to look far to find plenty of shouting otherwise. Infinite growth is not only terrible for our planet, but mathematically impossible.
So, how do you manage an economy that doesn't grow and how do you do it in a fair and equitable way? Habitat for Health manages the GAIA Fan Club preparation and response to climate change, community disasters, and economic uncertainty - events all present in natural Ecological losses and Economical capitalist realities.
Renewable natural resources are sustainable when they are replaced at a rate greater than or equal to the rate they are consumed. Recent human growth has withdrawn more from the bank of natural resources than what gets replaced.
When GAIA's Ecological and human economical systems both fail to meet growth expectations, by-pass action is needed. Habitat for Health is built to organize bottom up solutions to improve ecological recovery and economical supply and demand based on recovery of ecological assets.
Key Takeaways:
In the first half of 2021 8 weather/climate disaster events with losses exceeding $1 billion each affected the United States. Overall, these events resulted in the deaths of 331 people and had significant economic effects on the areas impacted. You can start to prepare for climate change disasters at Habitat for Health free today.
Infinite growth is not only terrible for our planet, but mathematically impossible. So how do you manage an economy that doesn't grow and how do you do it in a fair and equitable way? You can start to rebuild ecological and economical systems by joining the H4H GAIA Fan Club. Why not start today?
When GAIA's Ecological and human economical systems both fail to meet growth expectations, by-pass action is needed. Habitat for Health is built to organize bottom up solutions to improve ecological recovery and economical supply and demand based on recovery of ecological assets.
"Our world must change, not from the top down, but from the bottom up. Claim your voice for change by starting or joining a Habitat for Health Agrihood."
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