Had a curious experience browsing TwiX a few weeks ago.
Came across a post by Silicon Valley titan Marc Andreessen. He was hate-tweeting an article on Degrowth from the journal Nature.
Didn’t have nice things to say about it.
At all.
(and neither did the pile on “rent a blue check” stans in the comments section).
***
For those not familiar with this ovoid humanoid, he’s the guy who founded the venture capital firm Andreessen-Horowitz, paid $177M for a pad in Malibu (a California record), and NIMBY’d the shit out of the tony little enclave of Atherton to shut down an affordable housing project near one of his other pads.
#beardedhumpty
But not long ago, amidst all of the hype and horror of AI fears, he published
The Techno-Optimist Manifesto.
Five-thousand odd words exalting the powers of technology and innovation.
Absolutely frothing over the world-saving potential of Artificial General Intelligence, and condemning anyone expressing concerns as murderers with the blood of untold billions on their hands if they got in the way.
It reads like a college freshman stayed up all weekend doing
bong hits and Adderall, while binge-reading Atlas Shrugged.
Picture a youthful Andreesen, jittery, but utterly confident, striding into his Monday morning poli-sci class. Knowing that he’s absolutely nailed the 20 page assignment on What is the Best Form of Government Ever Invented?
He slaps his manifesto down on his professor’s desk and triumphantly takes his seat.
Move over Sun Tzu and MachiaV.
New game in town.
Techno-Optimism, bitches!
#GaltLives
(an actual poster that Andreessen has posted on his Twitter account. Unironically. This is what happens when the kids who got picked last in dodge ball earn a billion dollars)
In a brilliant stroke of meme-slinging, he calls his Manifesto foes, not just Doomers, which is pretty good on its own.
But also “decels.”
As in deccelerationists. Kinda like those dangerously under-sexed Incel types (“involuntary celibates”), but Decels instead.
So, so sticky!
Like “Sleepy Joe” and “Low Energy Jeb”, but even better.
In contrast to those Deccelerationists, Andreessen and a growing cadre of techno-libertarian utopians are now putting the phrase “e/acc” in their bios.
It’s shorthand for “effective accelerationist.” Which is basically an offshoot/rebrand of Effective Altruism, the nifty ultra-rational movement pioneered by William MacAskill at Oxford.
Their whole schtick was “earn to give.” Make bank and do good.
Except it got fatally tarnished by the disgrace of one Sam Bankman-Fried, a patron and popularizer.
So out of the recent AI hype cycle comes this new variant, Effective Accelerationism, with Andreessen leading the charge.
And he posted that article from Nature, which he and his followers derided in the strongest possible terms.
***
Curious, I clicked on “Degrowth Can Work, Here’s How Science Can Help” to see what the author Jason Hickel1 had to say. Here’s his key suggestions:
Reduce less-necessary production. This means scaling down destructive sectors such as fossil fuels, mass-produced meat and dairy, fast fashion, advertising, cars and aviation, including private jets. At the same time, there is a need to end the planned obsolescence of products, lengthen their lifespans and reduce the purchasing power of the rich.
Improve public services. It is necessary to ensure universal access to high-quality health care, education, housing, transportation, Internet, renewable energy and nutritious food. Universal public services can deliver strong social outcomes without high levels of resource use.
Introduce a green jobs guarantee. This would train and mobilize labour around urgent social and ecological objectives, such as installing renewables, insulating buildings, regenerating ecosystems and improving social care. A programme of this type would end unemployment and ensure a just transition out of jobs for workers in declining industries or ‘sunset sectors’, such as those contingent on fossil fuels. It could be paired with a universal income policy.
Reduce working time. This could be achieved by lowering the retirement age, encouraging part-time working or adopting a four-day working week. These measures would lower carbon emissions and free people to engage in care and other welfare-improving activities. They would also stabilize employment as less-necessary production declines.
Enable sustainable development. This requires cancelling unfair and unpayable debts of low- and middle-income countries, curbing unequal exchange in international trade and creating conditions for productive capacity to be reoriented towards achieving social objectives.
On the surface, all pretty straight forward. Closed loop manufacture more.
Jaunts on private jets and veal cutlets, less.
Train up folks for new industries. Do a better job with civic services.
Cancel developing world debt–a bit more radical, but definitely not new.
#Bono4Africa
In all, about what you’d expect from a left of center academic grappling with the downsides of markets and ecosystem overshoot.
You might not agree with all of the proposals, or have serious doubts about their implementation, but overall, a not unusual position to take in the broader “conversation” about how we unf*ck the world at this late date.
But that’s not how Andreessen and his e/acc boys took it.
(and they’re almost always boys)
They baited and taunted. They ad hominem-ed the author. They cast aspersions.
“How could you be so naive you stupid Decel DOOMER.
Have you even heard of Stalinist collectivization? Or Mao’s revolution?
How ‘bout Pol Pot you ass hat!
Free markets are the ONLY way to create prosperity. Just look at the last 75 years.
We’ve lifted billions out of poverty!
If we hit the brakes now, you’re condemning us to backslide into the Dark Ages.
There won’t be enough and there’ll be world wide war and chaos.
Is that what you want?
IS IT???”
They retweeted each others’ sick burns so much it had the unintended effect of rocketing Hickel’s piece to Nature’s Most Viewed Article of the Year.
But it was those e/acc hate-tweets that stuck with me, far more than the content of the piece itself. There was something oddly anachronistic about them.
After reading enough of them, I started to spot the pattern: they were all dusted-off chestnuts from the Cold War. Even their bogeymen–Stalin, Mao, Castro, Chavez–hadn’t been meaningfully updated.
Capitalism was an unalloyed good. Free markets were the engine of democracy.
Anything that critiqued it was automatically socialism, or even worse, outright Marxism.
These were ideological positions rooted in the past, much more than they were intellectual positions making sense of our present.
So I conducted a little thought experiment. I decided to hop into the WayBack Machine and see what the conditions were like on the ground back when most of these arguments were still in their prime.
And as decent a place as any to stop is the period between 1968 to 1972.
Kicking off as it did with riots in Paris, Prague and Chicago, and Stanford professor Paul Erlich’s Population Bomb. He almost single-handedly put the neo in Neo-Malthusianism.
In that book, Erlich spoke grimly of global famine and collapse by the 1980’s because we were consuming too much and having too many babies on a limited planet. It rocked the world with its dire predictions.
Now, the Accelerationists weren’t gonna simply take that best-selling broadside lying down…
In 1970, Milton “Free Market” Friedman countered with his seminal essay in the New York Times, A Friedman Doctrine.
In short, Friedman “centered” what had been an otherwise fairly fringe economic theory–that corporations’ sole purpose, ethically, and legally, was to make the most money possible for its owners. Period.
Any other ambitions or obligations to people or planet (think of the current backlash on ESG investing), was wrongheaded, inefficient, and subsequently illegal.
Heady times, it was!
“Growth and profit at all costs” as the only path to prosperity
OR
slam on the breaks to avoid cataclysm and collapse?
Two years after Friedman’s little turdnugget, the Decels got in another lick. That’s when MIT’s and the Club of Rome’s publication of Limits to Growth dropped.
The report considered five core parameters, population, food production, industrialization, pollution, and consumption of nonrenewable natural resources and calmly predicted a world of hurt if we didn’t get to trimming our sails, right sharpish.
Think about that–fifty odd years ago, with janky mainframes crunching punch cards at MIT, they called the collapse to come sometime in the next couple of decades. (recent recalculations have shown they weren’t far off).
A few years later, Julian Simon, a Growther economist, challenged Paul Erlich on his Chicken-Little predictions of scarcity in what became enshrined as The Simon-Erlich Wager.
They each put up ten grand to see if the price of natural resources would go up or down over time.
A decade on, Erlich lost the bet. Techno-optimists the world over rejoiced.
Prices on major natural resource commodities had shrunk, not grown. (though this trader’s analysis suggests Simon was lucky rather than good)
It seemed a vindication of our ability to forever pull rabbits out of hats…like magic.
#suckitmonkeys
(monkeys have a well-known Decel bias)
***
So that’s the gloss of the argument circa 1970’s. A back and forth between the OG Doomers and Accelerationists.
But, remember, it wasn’t just an intellectual debate. You’ve gotta think of the cultural context too.
This was post ‘68 assassinations of Kennedy and King (and those aforementioned riots). Vietnam. Watergate. OPEC cartels. Dreaded “stag-flation” on the horizon.
Commie Dominoes waiting to topple in Southeast Asia and Central America.
The ideological stakes were high.
If you weren’t with us you had to be against us.
So to critique balls-to-the-wall free market capitalism meant you were giving aid to the Marxists.
(A bi-polar world is always gonna be polarizing, you see)
To question whether Americans needed to guzzle so much gasoline and hamburgers and hoola hoops was unpatriotic, even dangerous.
Needless to say. Erlich and the sissy-Malthusians lost that 70’s show, along with the commodities bet.
Carter was shortly a one-term prez.
Reagan and Thatcher stripped away as much of the New Deal nanny state as they could.
Clintons, Bushes and Obamas all happily stuck to the free-trade, pro-growth script.
And with a few lumps bumps, and left-turns at Albuquerque, here we are.
Booming and busting, pedal to the metal, deregulated free market GloboCap FTW.
and e/acc posts on Twitter.
Interesting sidebar:
Despite the fall of the Berlin Wall and the subsequent dominance of capitalism worldwide, concerns about cultural Marxism are having an unlikely resurgence today.
Everything from DEI initiatives to vaccine mandates to carbon reduction is viewed through the prism of socialism vs. capitalism once again.
You can write off large chunks of this to savvy alt-Right framing.
Nothing scares old white people on Fox more cheaply and effectively than rebooting the Red Scare for today’s culture wars. The memes come pre-installed in those old geezers.
All you need is a Manchurian Candidate to set ‘em off.
#letsgobrandon!
(But there’s also some truth to tracing the Marxist DNA of everything from BLM, to SJW and DEI movements. For a considered both-sides debate, check out this recent conversation between Chris Rufo, the architect of the Critical Race and Gender backlash (and the “journalist” who took down Claudine Gay at Harvard), and Yascha Mounk, a professor at Johns Hopkins and writer at the Atlantic.
It’s kinda nice to see two folks on opposite ends of the political spectrum actually discuss and debate from informed perspectives!)
Back to the story.
***
So let’s hit the pause button in 1970 and see what the actual on-the-ground conditions where, when the original Free Market e/accs scored their big wins and we got half a century of unfettered GloboCap growth.
Back then, the world’s population was 4 Billion–half of what it is today.
CEO to worker pay ratios were a positively communal 25:1.
Today, we have 8 Billion humans alive and CEOs earn more than 300 times their employees wages.
That’s a doubling of population and an order of magnitude spike in pay inequality.
After a period of decreasing inequality up to 1970, the Have’s been having, and the Nots have been getting increasingly knotted.
The Brookings Institute tracks that today’s income imbalance is comparable to the early 20th century’s “Gilded Age” of robber barons and immigrant slums. Not exactly the best stat on our progress report.
Twenty five people currently own as much as the bottom half of humanity.
That’s:
25 : 4,000,000,000
A quick scan of those natural resources that Erlich and Simon wagered on doesn’t read so well either.
Sure, for every depressing statistic, you can pull up an upbeat one (as Our World in Data’s Hannah Ritchie does quite well in her latest It’s Not the End of the World).
But without getting sucked into the hair-splitting, p-hacking data analysis, I think it is fairly uncontroversial to say that in 1970:
There was more of the Amazon rather than less.
Oceans were cooler. Reefs were healthier.
Old growth forests were more plentiful.
Aquifers were fuller.
So…
My question to Andreessen and the e/accs is this: if you’re arguments for accelerating growth and innovation were forged in the early 1970s, when we had half the people on the planet, massively less stressed ecosystems and wildly lower income inequality, are they still uncritically true today?
And if you hold that they are still true, despite the worsening of many key indicators, how much longer will they remain true?
What if we have ten billion people, ten percent remaining of our fisheries, forests and aquifers, and 1000:1 CEO to worker pay?
How ‘bout five trillionaires owning as much as the bottom five billion humans?
Will that still warrant the same Ayn-Rand-on-Adderall justifications?
How ‘bout now?
How ‘bout now?
Is your commitment to “accelerating effectively” based on a current assessment of the facts, or an unwavering commitment to an outdated ideology?
One that, if you track it’s lineage, clearly came of age at a time and place markedly different than the world we inherit today.
Because all of its huff and hubris comes baked in:
You’re with us or against us.
You’re a Capitalist or Commie.
You’re an e/acc hero or a Decel Doomer.
But that certainty masks an untethering from on the ground realities as they’ve been unfolding. It ducks a critical update of where we are half a century after these ideas first gained prominence.
Andreessen himself, is famous for the quote: “I wasn’t wrong I was just early.”
He meant it in reference to his mis-timed bet into cloud computing where he lost a fortune.
But really, it seems to apply to his Decel Detractors just as much.
To be fair to the pro-growth crowd, Paul Erlich didn’t predict the boom of the Green Revolution in agriculture or the increased efficiencies in mining.
But his basic premise, that you can’t have infinite growth on a finite planet isn’t wrong. We just had a few more kicks of the can still left in us. (including North American fracking that pushed peak oil back at least a decade)
Or take the Club of Rome Limits to Growth forecast from 1972.
Their projections have been scrutinized and revised ever since. One of the more notable recent reviews was in 2020 by a KPMG analyst in Yale University's Journal of Industrial Ecology. Turns out, even with up to date data, the Limits to Growth predictions tracking the worst case “if we do nothing to change our course” graph, have turned out to be pretty much how things are going.
The Degrowthers weren’t wrong, so much as they were way early.
We ignored their cautions and conducted the alternate experiment–Balls to the Wall, and let’s see how it goes.
The question for us today, is it better to come to our senses late, or never?
So to recap: our current debates about Growth vs. Degrowth are unhelpfully bogged down in ideological warfare from the last century.
Accusations of CommieDoomerDecels vs. VisionaryUtopianAccelerationists are thought-terminating cliches that erase anything resembling the kind of nuanced, collaborative debates we need to be having.
Effective Accelerationists (and a host of other more traditional free market boosters) aren’t separating the legitimate benefits of innovation and technological problem solving from the collateral damage of over-consumption and growing inequality.
At a time when we should be humbly re-assessing damn near everything about the neo-liberal experiment of the last fifty years, we’re doubling down on creaky old maxims from the Cold War.
And never mind the knee-jerk Lefties prattling on about this stuff.
Take Joseph Stiglitz, the Nobel Prize–winning economist and former chief economist at the World Bank. He knows how our global system works better than most.
His conclusions are stark.
“The simultaneous waning of confidence in neoliberalism and in democracy is no coincidence or mere correlation. Neoliberalism has undermined democracy for [fifty] years. . . . The numbers are in: growth has slowed and the fruits of that growth went overwhelmingly to a very few at the top.”
So how ‘bout it Mr. Andreessen?
Can we shelve the Ayn Rand.
Can we reconsider our very real limits to growth this year, rather than yesteryear.
Might we even learn to decelerate effectively?
By applying all of that gee-whiz Silicon Valley know-how to doing more with less and sharing more with everyone else?
And if we ever do get to Artificial General Intelligence who can give us the cheat codes to our very survival…
Isn’t that what it would likely tell us anyways?
Create more. Share more. Consume less?
Now that would be a revolution actually worth tweeting about.
the plot thickens with this guy, who apparently has an intramural beef with Max Roser, one of the leaders of Our World in Data. He’s been calling Roser nasty names like “neo-liberal apologist.” Roser didn’t like that much and overshared a long tweet thread as to why. So Hickel is a bit of a socialist democrat Lefty and those positions do creep into his conclusions
beautiful. what if we-the people- could coordinate well enough to package all psychopaths, put them on the rocket and have them do an involuntary mars MVP. this is roughly how indigenous peoples all over the planet used to deal with them. we have lost that, much to our own peril.
Thank you for this perspective. It's got me thinking more about goalposts. What if we could skirt around the techno-optimist e/acc vs decel arguments in favor of modifying the current economic system to better account for pollution and sustainable resource use? You end with "Create more. Share more. Consume less?" I like this idea. The question is, can we set up a system such that creating more consumes less? How do we create a system so individual incentives align with the collective, all within the constraints of natural resources, ecosystems, and the energy/exergy flow from the sun?
Thank you for this Jamie.