November 2014 in Review

At the end of October, my Hope for the Future Index stood at -2.  I’ll give November posts a score from -3 to +3 based on how negative or positive they are.

Negative trends and predictions (-6):

  • There is mounting evidence that the world economy is slowing, financial corporations are still engaged in all sorts of dirty tricks, and overall investment may be dropping. Financial authorities are trying to respond through financial means, but the connections are not being made to the right kinds of investments in infrastructure, skills, and protection of natural capital that would set the stage for long-term sustainable growth in the future. (-2)
  • Public apathy over climate change in the U.S. may have been manufactured by a cynical, immoral corporate disinformation campaign over climate change taken right out of the tobacco companies’ playbook. It’s true that the tobacco companies ultimately were called to account, but not until millions of lives were lost. Will it be billions this time? (-2)
  • Glenn Beck has gone even further off his rocker, producing a video suggesting the U.N. is going to ration food and burn old people alive while playing vaguely middle eastern music. One negative point because some people out there might not laugh. (-1)
  • The new IPCC report predicts generally negative effects of climate change on crops and fisheries. The good news is it doesn’t seem to predict catastrophic collapse, but we need to remember that the food supply needs to grow substantially in the coming decades, not just hold steady, so any headwinds making that more difficult are potentially threatening. (-1)

Positive trends and predictions (+6):

  • A lot is known about how to grow healthy trees in the most urbanized environments. But only a few cities really take advantage of this readily available knowledge. (+0)
  • As manufacturing becomes increasingly high-tech, automation vs. employment is emerging as a big theme for the future. The balance may swing back and forth over time, but in the long term I think automation has to win. New wealth will be created, but the question is how broadly it will be shared. The question is not just an economic one – it depends on the kind of social and political systems people will live under in various places. This might be why the field of economics was originally called “political economy”. So I’m putting this in the positive column but giving it no points because the jury is out. (+0)
  • Google is working on nanobots that can swim around in your blood and give an early diagnosis of cancer and other diseases. (+1)
  • Economic slowing is probably the main reason why oil prices are way down. Increased supply capacity from the U.S. also probably plays a role, although there are dissenting voices how long that is going to last. I find it hard to say whether cheaper oil is good or bad. I tend to think it is just meaningless noise on the longer time scale, but you won’t hear me complain if it brings down the price of transportation and groceries for a year or two. (+0)
  • Millennials aren’t buying cars in large numbers. I don’t believe for a second that this means they are less materialistic than past generations, but I think a shift in consumption from cars to almost anything else is a net gain for sustainability. (+2)
  • I discovered the FRAGSTATS package for comprehensive spatial analysis of ecosystems and habitats. This gives us quantitative tools to design green webs that work well for both people and wildlife. Bringing land back into our economic framework in an explicit way might also help. (+1)
  • Perennial polyculture” gardens may be able to provide food year round on small urban footprints in temperate climates. (+1)
  • A vision for smart, sustainable infrastructure involves walkable communities, closing water and material loops, and using energy wisely. Pretty much the same points I made in my book, which I don’t actively promote on this site;) (+1)

Hope for the Future Index (end of October 2014): -2

change during November 2014: -6 + 6 = 0

Hope for the Future Index (end of November 2014): -2 + 0 = -2

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