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Albert Pinto Profile picture
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Mar 4 • 7 tweets • 4 min read
1. Economy is embedded in physical & social realities; Cannot be analyzed on its own. The industrial economy is entropic.
2. Ecological values -livelihood, sacredness,relevance to future generations-cannot be translated into money
3. Trade has been "ecologically unequal exchange”
Thread on insights from Barcelona School of Political ecology link.springer.com/book/10.1007/9…
We hear loads about "financialized" economy. And weightless economy of Tech giants & services in GDP & ppl in cities.
Meanwhile,"Production of concrete, metal, plastic, bricks & asphalt greater than mass of living matter on planet" & never been higher
anthropomass.org
Everything around you is designed with some thresholds.

Subway stations, Sewers, Roads, Bridges, Transmission cables, Building foundations...
We broke nature. Now, supercharged with carbon, it breaks our engineered world.
Thread.
"One of the penalties of an ecological education is that one lives alone in a world of wounds" #ShiftingBaselines
Enlightenment thinkers thought "Natural scarcity was just another kind of arbitrary authority, another palace to be stormed". Can we still have abundance & autonomy?
@picharbonnier book on political ecology reviewed in @LRB lrb.co.uk/the-paper/v45/…
Degrowth =R.E.D
𝐑educe demand (#PrivateSufficiencyPublicLuxury,social change, less meat etc)
+
𝐄lectrify everything (transport + heat + manuf)
+
𝐃ecarbonize electricity (build out Renewables & Grid then shut 1000s of coal+gas)
adamtooze.substack.com/p/chartbook-ca…

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More from @70sBachchan

Albert Pinto Profile picture
Mar 3
Theres not one but three distinct globalizations. ht @adam_tooze @HyunSongShin

Cotton - Labor intensive indsutrialization that lifted millions of Chinese, Bangladeshis out of poverty.

Cars - E Asia, Europe, N Am

Chips - Japanese, Chinese, Korean, US.
adamtooze.substack.com/p/chartbook-19…
Each of these globalization networks - Cotton, Cars, Chips, Carbon - were thrown into chaos with Covid crisis. Millions of workers thrown out of work as consumption patterns changed.

Thread tracking Covids impact on globalization. Here's Cotton:
Here's cars
Read 7 tweets
Albert Pinto Profile picture
Mar 3
oddly little reporting on the G20 foreign ministers summit in delhi?? especially given how fractious it sounds
bbc.com/news/world-asi… Image
"Many developing countries are struggling with unsustainable debts while trying to ensure food and energy security," he said.
"They are also most affected by global warming caused by richer countries."

Come on Modi, say the word.....@polycrisis
bbc.com/news/world-asi… Image
"The foreign ministers gathering came days after G-20 finance chiefs and central bankers failed to agree on a joint communique in Bengaluru, as China supported Russia in opposing the inclusion of paragraphs about the war."
asia.nikkei.com/Politics/Inter…
Read 8 tweets
Albert Pinto Profile picture
Feb 12
It is good news that Kashmir has discovered some lithium resources. But lets not exaggerate the possibilities of actially producing. It takes more than a few years to develop a mine and India will continue to import batteries for next decade plus to meet its voracious EV demand.
"Indian geologists, in a report of 1999, had pointed out the possibility of lithium's presence in Jammu's Reasi district" telegraphindia.com/india/indian-g…
But 5.9 MT of Li resources! Ok. Point is that it takes a long time to go from resources to (economically viable) reserves.
And lots of political risks (if in volatile places). Look at how much lithium resources Bolivia has and how little it has produced.
Read 4 tweets
Albert Pinto Profile picture
Feb 12
leave 👏 the👏 balloons👏 alone 👏you👏 monsters
beyond parody
4th! "U.S. military shoots down an unidentified object over Lake Huron, near Michigan" nbcnews.com/politics/natio…
Read 4 tweets
Albert Pinto Profile picture
Feb 11
China's cement not coal dominates politics of climate change.

Planetary stability depends on whether or not the "debt-fueled, deficit-exploding, inequality-stretching... concrete expansion" can be reined in. Read @jerometenk's phenomenalworld.org/analysis/the-c…
Nothing in China can be understood without the forced-pace urbanization of 21stC. A nexus of credit-boom housing as families accumulated private assets off the public land that local party elites flogged off.

@jerometenk analyses the 'Carbon Triangle' phenomenalworld.org/analysis/the-c…
"Real estate, which constitutes a quarter of China’s GDP, has become a $52 trillion bubble that fundamentally rests on the...belief that it is too big to fail. The reality is that it has become too big to sustain, either economically or environmentally. "
phenomenalworld.org/analysis/the-c…
Read 9 tweets
Albert Pinto Profile picture
Feb 10
We aim to please :) Europe industrial policy was what you lot voted for.

If you haven't already subscribed to our @polycrisis
newsletter here is the one that just went out. us16.campaign-archive.com/?u=30638b4a175… Image
Lula is in DC today where he has met Biden & Bernie & AOC. Our 2nd newsletter (after his victory):"Instead of fearing autonomy from new Pink Tide governments, Biden should take the easy win of supporting Lula to achieve shared goals of planetary stability"
phenomenalworld.org/analysis/lula-… Image
Lavrov visited Mali yesterday after Malian govt had kicked out the French security services. So Mali now asking Russians to provide anti-jihadi forces.

Our newsletter looked at what US,China,Russia were upto in Africa in Jan 2023
phenomenalworld.org/analysis/dont-…
Read 6 tweets

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