Beyond Growth: Transforming Capitalism to Planetary Stability with Physicist-Economist Erald Kolasi
Moral Footprint Host Jeni Miles sits down with Erald Kolasi, a physicist and economist whose groundbreaking book The Physics of Capitalism challenges us to see our ecological crisis through the lens of thermodynamics.
Show Notes
Moral Footprint Host Jeni Miles sits down with Erald Kolasi, a physicist and economist whose groundbreaking book The Physics of Capitalism challenges us to see our ecological crisis through the lens of thermodynamics.
Erald makes a compelling case that our economic system isn't just fundamentally broken, it's at odds with the physical laws that govern life on Earth, creating what he calls a "supercharged entropy machine" that's destabilising the biosphere.From dissecting carbon capture's flaws to exploring metabolic rift, Erald explains why tech solutions can't prevent ecological collapse and outlines his "valerism" framework's four pillars of stabilisation, socialisation, modularisation, and localisation.
Links
- Erald Kolasi – The Physics of Capitalism: How a New Political Ecology Can Change the World
https://uk.bookshop.org/a/15447/9781685900908 - Monthly Review – Socialist magazine where Erald has published articles https://monthlyreview.org/
Key Concepts Discussed:
- Thermodynamics and entropy in economic systems
- Metabolic rift theory (originally from Marx, developed by John Bellamy Foster)
- Climate reductionism and techno-solutionism
- The cosmopole, a proposed global governance system for ecological management
- Energy caps and biophysical economics
- Critique of carbon capture technology
Connect with Erald Kolasi on Substack at https://technodynamics.substack.com/
Follow host Jeni Miles on LinkedIn https://www.linkedin.com/in/jenifisher/ or subscribe to the Moral Footprint Substack https://moralfootprint.substack.com/
Who is Jeni Miles?
I’m a London School of Economics trained behavioural scientist, digital product expert and mum of two passionate about cultivating collective and planetary wellbeing.
Business as usual is no longer fit for purpose in an age of polycrisis. I’m taking the data-driven decision-making skills I’ve gained while at leading tech companies Google and Amazon to empower brands and social movements to drive positive behaviour change.
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