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Sofo Archon

Sofo Archon is a writer and speaker inspiring personal and social change.

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Our Economy is Killing the Planet

BY SOFO ARCHON

How Our Economy is Killing the Planet

This is the transcript of a video published here.

Consider this:

If people stopped buying as much stuff as they currently do, fewer sales would be made, which means that fewer jobs would be needed, and hence that more unemployment would be created.

Now, assuming that consumption slowed down significantly and for long enough, the economy would shrink dramatically and eventually collapse, resulting in hunger, violence, and disease.

Therefore, our economic system is based on consumption.

But here’s the problem:

The more we consume, the more resources we use up. And since we live on a planet with finite resources, our economic system has us extract resources way faster than Earth can replenish them, causing deforestation, soil erosion, biodiversity loss and a multitude of other environmental issues.

In other words, our economic system is inherently unsustainable.

So, what can we do about it?

Well, we can either change it from its very foundations and start living in alignment with our life-supporting planet, or keep it as it is and destroy the world as well as ourselves along with it.

The choice is ours.

Further reading

  • The Trap of Money (and How to Escape It)
  • Why Our Economic System Sucks

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