The Profound Ecological Implications of a Perpetually Growing Economy

The video discusses the founding of the Capital Institute, inspired by the need to align finance with ecological and social outcomes. It highlights the conflict between perpetual economic growth and the finite biosphere, emphasizing the systemic issues in finance that drive unsustainable growth. The discussion also touches on the increasing awareness of these issues outside traditional economic circles.

What inspired the creation of the Capital Institute?

• A desire to expand JP Morgan's influence

• A personal journey to align capital with social and ecological outcomes

• A government initiative to promote sustainable finance

• A response to the 2008 financial crisis

What is the main conflict identified by the Capital Institute?

• The ethical challenges within the financial system

• The need for more investment in renewable energy

• The lack of technological advancement in finance

• The clash between economic growth and the finite biosphere

Which of the following is NOT mentioned as a symptom of the economic system's conflict with the biosphere?

• Climate change

• Ecosystem degradation

• Technological stagnation

• Biodiversity loss

How does the current money system contribute to economic growth?

• By limiting material throughput

• By investing in sustainable projects

• By reducing interest rates

• By expanding the money supply with interest

What is the focus of the new economic thinking discussed in the video?

• Expanding global trade

• Developing new financial products

• Increasing financial profits

• Aligning finance with ecological and social boundaries