Jason Hickel Profile picture
Mar 13 5 tweets 1 min read
Socialists who align with growthism should remember what GDP measures: not use-value, nor livelihoods, nor provisioning, but exchange-value. It is a metric devised by capitalists to serve the interests of capitalism. John Smith nails it in "Imperialism in the 21st Century":
GDP growth makes little sense as an indicator for anyone who claims socialist values. Socialist policies focused on use-value, care, public provisioning, and decommodification would improve social outcomes but could very well reduce GDP growth.
GDP measures things with market prices. If you decommodify healthcare, education, energy, housing etc, GDP goes down. That means you need less income to survive, and do not need to render your labour to capital to produce things you do not need in order to access things you do.
Capital convincing labour unions and socialists that their interests are served by calling for more GDP growth was one of the biggest coups of the 20th century. Total consensus around the interests of capital. Growthism is Gramscian cultural hegemony in the truest sense.
As Simon Kuznets himself put it, "Distinctions must be kept in mind between quantity and quality of growth, between its costs and return, and between the short and the long term. Goals for more growth should specify more growth of what and for what."

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More from @jasonhickel

Mar 11
The Bengal Famine was no act of nature. Recent research shows it was triggered by a deliberate policy imposed by British colonizers to appropriate resources from ordinary Indians to provision Western troops. Britain must face up to this crime. newint.org/features/2021/…
In the name of the Allied cause, the policies imposed by Churchill and Keynes killed more than 3 million people – many times more than the total number of military and civilian casualties suffered during the entire war by Britain and the US combined.
The scale of this tragedy is almost impossible to fathom. If laid head to foot, the corpses of the victims would stretch the length of England, from Dover to the Scottish borders, nearly 10 times over.
Read 4 tweets
Mar 8
The irony of the US sanctioning Russian oligarchs is that the US government, and prominent US economists, were instrumental in the "shock therapy" privatization that created these oligarchs in the first place.
"The privatization drive... helped to create a system of tycoon capitalism run for the benefit of a corrupt political oligarchy that has appropriated hundreds of millions of dollars of Western aid and plundered Russia’s wealth." thenation.com/article/world/…
Shock therapy also crashed the economy, immiserated the population, and caused life expectancy to collapse, creating the toxic conditions that set the stage for the rise of right-wing nationalist ideology.
Read 4 tweets
Mar 1
The top map shows which nations are most responsible for excess emissions. The bottom map shows which nations are most impacted by it. If we are not attentive to the colonial dimensions of climate breakdown, we are missing the point.
The data on overshoot emissions comes from this paper. As of 2015, the final year of this data, China was still within its fair share of the 350ppm budget, but it has begun to overshoot it in the years since. thelancet.com/journals/lanpl…
Climate breakdown represents a process of atmospheric colonization, and the effects are playing out along colonial lines.
Read 6 tweets
Feb 15
I’m excited to share this new paper we have out, “Imperialist appropriation in the world economy”. The results confirm that the global North relies on a massive net appropriation of resources and labour from the South. The figures are quite staggering. 🧵sciencedirect.com/science/articl…
In 2015, the North’s net appropriation from the South included:

-12 billion tons of embodied raw material equivalents
-822 million hectares of embodied land
-21 Exajoules of embodied energy
-188 million person-years of embodied labour
Two quick things before we go on: (a) “Embodied” here means inputs embodied in the production of traded goods, including manufactured products. (b) We use the IMF’s “advanced economies” list as a proxy for the global North.
Read 12 tweets
Jan 11
Here's a quick round-up of highlights from our research and writing published in 2021, on degrowth, imperialism, decolonization and global justice. Free PDFs of all of these papers are available via the link at the end of the thread. 🧵
1) Post-growth and degrowth policies are key to enabling us to decarbonize fast enough to stay under 1.5 or 2C in a safe and just way, and we need climate mitigation scenarios that describe these pathways. Here's our argument in Nature Energy: nature.com/articles/s4156…
2) What does degrowth mean? This short piece is intended to address a few common questions that newcomers raise: tandfonline.com/doi/full/10.10…
Read 13 tweets
Jan 1
In 2022, let us build a political movement capable of dismantling the fossil fuel system and ensuring a just transition for all.
Btw, a just transition must be attentive to global inequality. Rich countries have disproportionately caused this crisis, and have wildly excessive levels of energy use. A just approach means they must reach zero emissions much faster than 2050 (which is a global average target).
This is crucial to give poorer countries more time, and to ensure everyone has energy sufficient for decent living. And that means ending the net appropriation of Southern resources by Northern states and firms, so they can be used instead to meet local human needs.
Read 8 tweets

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