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Deep Economy: The Wealth of Communities and the Durable Future Paperback – March 4, 2008
| Bill McKibben (Author) Find all the books, read about the author, and more. See search results for this author |
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The bestselling author of The End of Nature issues an impassioned call to arms for an economy that creates community and ennobles our lives
In this powerful and provocative manifesto, Bill McKibben offers the biggest challenge in a generation to the prevailing view of our economy. For the first time in human history, he observes, "more" is no longer synonymous with "better"―indeed, for many of us, they have become almost opposites. McKibben puts forward a new way to think about the things we buy, the food we eat, the energy we use, and the money that pays for it all. Our purchases, he says, need not be at odds with the things we truly value.
McKibben's animating idea is that we need to move beyond "growth" as the paramount economic ideal and pursue prosperity in a more local direction, with cities, suburbs, and regions producing more of their own food, generating more of their own energy, and even creating more of their own culture and entertainment. He shows this concept blossoming around the world with striking results, from the burgeoning economies of India and China to the more mature societies of Europe and New England. For those who worry about environmental threats, he offers a route out of the worst of those problems; for those who wonder if there isn't something more to life than buying, he provides the insight to think about one's life as an individual and as a member of a larger community.
McKibben offers a realistic, if challenging, scenario for a hopeful future. Deep Economy makes the compelling case that the more we nurture the essential humanity of our economy, the more we will recapture our own.
- Print length272 pages
- LanguageEnglish
- Publication dateMarch 4, 2008
- Dimensions5.34 x 0.74 x 8.01 inches
- ISBN-100805087222
- ISBN-13978-0805087222
- Lexile measure1270L
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Editorial Reviews
Review
“I'd like to see DeepEconomy read in every Econ 101 class. Bill McKibben asks the central human question: What is the economy for? The stakes here are terrifyingly high, but with his genial style and fascinating examples of alternative approaches, McKibben convinces me that economics is anything but dismal--if only we can learn to do it right!” ―Barbara Ehrenreich, author of Nickel and Dimed
“The cult of growth and globalization has seldom been so effectively challenged as by Bill McKibben in Deep Economy. But this bracing tonic of a book also throws the bright light of McKibben's matchless journalism on the vibrant local economies now springing up like mushrooms in the shadow of globalization. Deep Economy fills you with a hope and a sense of fresh possibility.” ―Michael Pollan, author of The Omnivore's Dilemma
“How is our nation going to cope with global warming, peak oil, inequality, and a growing sense of isolation? Bill McKibben provides the simple but brilliant answer the economists have missed--we need to create 'depth' through local interdependence and sustainable use of resources. I will be requiring this inspiring book for my students, and passionately recommending it to everyone else I know.” ―Juliet Schor, professor of sociology, Boston College, and author of The Overspent American
“Bill McKibben works on the frontiers of new understandings and returns with his startling and lucid revelations of the possible future. A saner human-scale world does exist--just over the horizon--and McKibben introduces us to the people and ideas leading us there.” ―William Greider, author of The Soul of Capitalism: Opening Paths to a Moral Economy
“Masterfully crafted, deeply thoughtful and mind-expanding. . . . An incisive critique of the unintended consequences of our…growth-oriented economy.” ―Los Angeles Times
“A hopeful manifesto.” ―Boston Globe
“What makes McKibben's book stand out is the completeness of his arguments and his real-world approach to solutions.” ―USA Today
“McKibben is a fitting prophet… [His] dexterity as a keen observer and stellar wordsmith makes Deep Economy well worth reading.” ―The Globe and Mail (Toronto)
“Wise and…optimistic.” ―The Courier-Journal of Louisville
“McKibben's proposals for new, less growth-centered ways of thinking about economics are intriguing, and offer hope that change is possible.” ―Publishers Weekly (Starred Review)
“[McKibben] ably argues [that] growth has increased inequality and decreased human happiness.” ―Kirkus Reviews
About the Author
Bill McKibben is a founder of the environmental organization 350.org and was among the first to have warned of the dangers of global warming. He is the author of more than a dozen books, including the bestsellers The End of Nature, Eaarth, and Deep Economy.
He is the Schumann Distinguished Scholar in Environmental Studies at Middlebury College and the winner of the Gandhi Prize, the Thomas Merton Prize, and the Right Livelihood Prize. He lives in Vermont with his wife, the writer Sue Halpern.
Excerpt. © Reprinted by permission. All rights reserved.
Introduction
For most of human history, the two birds More and Better roosted on the same branch. You could toss one stone and hope to hit them both. That’s why the centuries since Adam Smith have been devoted to the dogged pursuit of maximum economic production. The idea that individuals, pursuing their own individual interests in a market society, make one another richer and the idea that increasing efficiency, usually by increasing scale, is the key to increasing wealth has indisputably produced More. It has built the unprecedented prosperity and ease that distinguish the lives of most of the people reading this book. It is no wonder and no accident that they dominate our politics, our outlook, even our personalities.
But the distinguishing feature of our moment is this: Better has flown a few trees over to make her nest. That changes everything. Now, if you’ve got the stone of your own life, or your own society, gripped in your hand, you have to choose between them. It’s More or Better.
Some of the argument I’ll make in these pages will seem familiar: growth is no longer making most people wealthier, but instead generating inequality and insecurity. And growth is bumping against physical limits so profound—like climate change and peak oil—that continuing to expand the economy may be impossible; the very attempt may be dangerous. But there’s something else too, a wild card we’re just now beginning to understand: new research from many quarters has started to show that even when growth does make us wealthier, the greater wealth no longer makes us happier.
Taken together, these facts show that we need to make a basic shift. Given all that we now know about topics ranging from the molecular structure of carbon dioxide to the psychology of human satisfaction, we need to move decisively to rebuild our local economies. These may well yield less stuff, but they produce richer relationships; they may grow less quickly, if at all, but they make up for it in durability.
Shifting our focus to local economies will not mean abandoning Adam Smith or doing away with markets. Markets, obviously, work. Building a local economy will mean, however, ceasing to worship markets as infallible and consciously setting limits on their scope. We will need to downplay efficiency and pay attention to other goals. We will have to make the biggest changes to our daily habits in generations—and the biggest change, as well, to our worldview, our sense of what constitutes progress.
Such a shift is neither "liberal" nor "conservative." It borrows some elements from our reigning political philosophies, and is in some ways repugnant to each. Mostly, it’s different. The key questions will change from whether the economy produces an ever larger pile of stuff to whether it builds or undermines community—for community, it turns out, is the key to physical survival in our environmental predicament and also to human satisfaction. Our exaltation of the individual, which was the key to More, has passed the point of diminishing returns. It now masks a deeper economy that we should no longer ignore.
In choosing the phrase "deep economy," I have sought to echo the insistence, a generation ago, of some environmentalists that instead of simply one more set of smokestack filters or one more set of smokestack laws, we needed a "deep ecology" that asked more profound questions about the choices people make in their daily lives. Their point seems more valid by the month in our overheating world. We need a similar shift in our thinking about economics—we need it to take human satisfaction and societal durability more seriously; we need economics to mature as a discipline.
This shift will not come easily, of course. Focusing on economic growth, and assuming it would produce a better world, was extremely convenient; it let us stop thinking about ends and concentrate on means. It made economics as we know it now—a science of means—extraordinarily powerful. We could always choose our path by fixing our compass on More; we could rely on economists, skilled at removing the obstacles to growth, to act as guides through the wilderness. Alan Greenspan was the wisest of wise men.
But even as that idea of the world reigns supreme, with the rubble of the Iron Curtain at its feet as deserved proof of its power, change is bubbling up from underneath. You have to look, but it’s definitely there. A single farmers’ market, for instance, may not seem very important compared to a Wal-Mart, but farmers’ markets are the fastest-growing part of our food economy. They’ve doubled in number and in sales and then doubled again in the last decade, suggesting new possibilities for everything from land use patterns to community identity. Similar experiments are cropping up in many other parts of the economy and in many other places around the world, driven not by government fiat but by local desire and necessity. That desire and necessity form the scaffolding on which this new, deeper economy will be built, in pieces and from below. It’s a quiet revolution begun by ordinary people with the stuff of our daily lives. Eventually it will take form as legislation, but for now its most important work is simply to crack the consensus that what we need is More.
A word of caution, however. It’s easy for those of us who already have a lot to get carried away with this kind of thinking. Recently I was on a reporting trip to China, where I met a twelve-year-old girl named Zhao Lin Tao, who was the same age as my daughter and who lived in a poor rural village in Sichuan province—that is, she’s about the most statistically average person on earth. Zhao was the one person in her crowded village I could talk to without an interpreter: she was proudly speaking the pretty good English she’d learned in the overcrowded village school. When I asked her about her life, though, she was soon in tears: her mother had gone to the city to work in a factory and never returned, abandoning her and her sister to their father, who beat them regularly because they were not boys. Because Zhao’s mother was away, the authorities were taking care of her school fees until ninth grade, but after that there would be no money to pay. Her sister had already given up and dropped out. In Zhao’s world, in other words, it’s perfectly plausible that More and Better still share a nest. Any solution we consider has to contain some answer for her tears. Her story hovers over this whole enterprise. She’s a potent reality check.
And in the end it’s reality I want to deal with—the reality of what our world can provide, the reality of what we actually want. The old realism—an endless More—is morphing into a dangerous fantasy. (Consider: if the Chinese owned cars in the same numbers as Americans, the world would have more than twice as many vehicles as it now does.) In the face of energy shortage, of global warming, and of the vague but growing sense that we are not as alive and connected as we want to be, I think we’ve started to grope for what might come next. And just in time. Copyright © 2007 by Bill McKibben. All rights reserved.
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Product details
- Publisher : St. Martin's Griffin (March 4, 2008)
- Language : English
- Paperback : 272 pages
- ISBN-10 : 0805087222
- ISBN-13 : 978-0805087222
- Lexile measure : 1270L
- Item Weight : 8 ounces
- Dimensions : 5.34 x 0.74 x 8.01 inches
- Best Sellers Rank: #448,845 in Books (See Top 100 in Books)
- #313 in Sustainable Business Development
- #349 in Development & Growth Economics (Books)
- #1,014 in Environmental Economics (Books)
- Customer Reviews:
About the author

Bill McKibben is the author of The End of Nature, Deep Economy, and numerous other books. He is the founder of the environmental organizations Step It Up and 350.org, and was among the first to warn of the dangers of global warming. He is a scholar in residence at Middlebury College and lives in Vermont with his wife, the writer Sue Halpern, and their daughter.
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McKinnon challenges the twin cults of Self and More, evil that have some so much in the past 40 years to kill people, creatures and our planet in one of the greatest acts of genocide known to man. Contrary to his Right Wing critics, and perhaps the frustration of those on the Left, McKibben isn't convinced growth is bad. Like fellow pro-life, environmental writer, activist, and sometime politician, Bob Massie, (A Song in the Night) McKibben argues that the cults of Self and More habe perverted Adam Smith's dream, to a degree he wouldn't even recognize. By realizing Smith's true dream of community and character, as well as reasonable growth and development, McKibben offers a new old path toward a better future, if we are brave enough to see it; before it's too late.
If you want to get a sense of Bill McKibben's mindset, either watch his Youtube interviews; or, see what Michael Moore said about him in Moore's latest expose on the solar industry, "Planet of the Humans."
This book was recommended reading, years ago, in some college classes. Not impressive, in hindsight.
I couldn't find my old copy, so I ordered a used one. I ended up wasting around $10.
But I enjoyed this book.The author provides interesting information and his bibliography provided me with a good number of sources to follow up on for further study. This might be the book's greatest strength for the already converted. His anecdotal stories are refreshing and provide good perspective. All in all, the book was worth the time it took to read it. But, other than tidbits, this book didn't provide me with any significant new insights. Rather, it's more of a motivational and inspirational effort. For that reason, I think this book is best suited to the curious but unconverted. Those who have questions but still buy into the old dogmas that economic growth is our preeminent concern, that in order to feed the world we must continue with more and greater genetically modified food production, and that we need to continue mining the earth for every last mineral resource. This book could be to those folks what "Crunchy Cons" was to me some years back.
This book is not a deep analysis of certain key problems. Rather, it is a survey of a handful of issues and introduces readers to big concepts. In that role I thought it did very well. However, while the author spends a fair amount of time discussing food independence (perhaps the second or third most important theme in the book behind energy and human satisfaction), he never mentions permaculture. He really goes no further than saying that more intensely managed farmland can produce more food per acre than our current industrial mono-cropping models. While permaculture has gained in popularity quite substantially since this book's publication, it wasn't unknown at the time he wrote the book. So it's suprising that he never mentions it. And I think it's unfortunate that he doesn't even alert readers to the power of permaculture design. For anyone interested, the internet is rife with information on permaculture. (Start by Googling Geoff Lawton or Ben Falk.) But suffice it to say that, in keeping with the spirit of local food economies, a permaculture approach to food production provides more potential for stability and sustainability than any other agricultural model found around the globe. This seems like a substantial oversight in this book, despite it's many other good qualities.
To summarize, this book is interesting and encouraging. If you're already of a mind that local economies that provide more local stability are the future, this book may be redundant but still worthwhile. If you're not sure what you think or are looking for an alternative to the unquestioning "more efficiency and economic production" mantra of the mainstream political personalities of today, check this book out. And especially if you consider yourself a conservative who is increasingly non-plussed with the Republican party, give this book a considered and thorough read. You needn't agree with everything, but the underlying premises are spot on.
But, for many of us, we have long ago passed the point where "more" is the same as "better." Every study that has looked at the correlation between wealth and happiness finds the same thing. Up to a certain point, more money make people happier. After a certain point, however, more money stops making us happier. Many of us are long past that point. McKibben starts with this observation, but then he moves further.
According to McKibben, our wealthy modern lifestyle is actually starting to make us less happy. We are social creatures, and living alone in massive houses, traveling in separate cars and the other things money tends to buy these days tend to isolate us from other people. This makes us less happy, in the end, not more.
And, finally, our lifestyle is less and less sustainable. Our food supply, for example, is highly dependent on cheap oil. While this has worked for a while, it cannot work forever. The demand for oil -- and other limited resources -- will grow spectacularly as some of those in poverty start to adopt some of our way of life. And that is so, even if population stops growing.
I found this book deeply disturbing, but I think McKibben is right about the problems he identifies. McKibben, however, is not so pessimistic. He thinks there are solutions that will allow us to live even happier lives by consuming less, not more. I sincerely hope that he is right, and that more people at least listen to what he has to say.
Top reviews from other countries
If the book succeeds in persuading more Americans (for the last few pages make it clear that this is the audience) adopt the simpler life, such omissions can be forgiven. But imagining that Adam Smith lived in England (p123) is less forgiveable!
but covering all the reasons why it was inevitable.
The ideas in it are much more widespread now but still well worth spreading further.








