# Metacrisis pressure points By [Planetary Council](https://paragraph.com/@planetary-council) · 2023-05-29 --- **Summary:** if we were to address the **_#Metacrisis_**, what would be the most impactful changes? Restructure unsustainable debt, stop ecocide, new definition of value - accounting for externalities _(not externalising harm)_ and tapping into the market forces. In 2021 Planetary Council attended COP26 in Glasgow with [10 reasonably simple, impactful and politically agreeable points](https://planetarycouncil.org/COP26-key-policies_2021-10-26.pdf) _(historical reference, no need to click)_ ![](https://storage.googleapis.com/papyrus_images/2bb9636b85258387ee0b5a70e2d87e98dc247e8286d7c2a11ca58c43cdf2262b.jpg) Now we are in 2023, Ukraine is at war with Russia and the climate breakdown is accelerating. On the upside - a new term **#Metacrisis** is reaching mainstream consciousness: * Runaway climate change + food system + global hunger * Economic inequality + compound interest + exponential growth on finite planet * Nuclear proliferation + pandemics + lost trust in media + lost trust in government * Regulation of AI + polarisation and engagement metrics + mental health Despite all of that, I remain optimistic. #RadicalHope ------------ ![Reasons to remain optimistic, no matter what. The worse it is the more wiling to change.](https://storage.googleapis.com/papyrus_images/68ccf8ddb387eb0aff6ccc4d259b47973599bbc716783a976a79caa43cc20030.png) Reasons to remain optimistic, no matter what. The worse it is the more wiling to change. Previously there were 10 points - easy enough to understand. Now it is a 1 pager - also easy enough. ![PlanetaryCouncil.org](https://storage.googleapis.com/papyrus_images/e4cded384ab987a4a3ef9f222116464422c4ab89c89c74e88a796f4dc3270e46.png) PlanetaryCouncil.org 💯💯💯💯💯 Restructure unsustainable debt ----------------------------------------- **Debt.** Economic inequality. Extraction of resources. Climate change. Global South. **Debt.** Compound interest. Exponential growth on finite planet. ![https://bitcoinmagazine.com/culture/imf-world-bank-repress-poor-countries](https://storage.googleapis.com/papyrus_images/6712501d05dfc061ea20a73be3436c3c04b1fa0669dd8c5fbd195594700d3dbc.png) https://bitcoinmagazine.com/culture/imf-world-bank-repress-poor-countries **Just stop IMF style:** are you in **debt**? Let’s have more **debt** 🤡 Just imagine all the extraction and money that is going on to repay the **debt** 🤡 _(rather than infrastructure, services, healthcare, education)_ ![Actually no need to imagine, the data shows it clearly. Source World Bank: https://data.worldbank.org/indicator/DT.TDS.DECT.GN.ZS?view=map ](https://storage.googleapis.com/papyrus_images/97d4b3ea32d56186e500ca53ca378b0d125db921cefbf9f169786515ec497e0d.png) Actually no need to imagine, the data shows it clearly. Source World Bank: https://data.worldbank.org/indicator/DT.TDS.DECT.GN.ZS?view=map [![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=8kxGV6jIzzQ) **RESTRUCTURE UNSUSTAINABLE DEBT** Probably the single biggest pressure point. **Debt** neocolonialism. [https://twitter.com/gladstein/status/1636006879552761857](https://twitter.com/gladstein/status/1636006879552761857) Also in this category: _“Confessions of an Economic Hit Man”_ [https://en.wikipedia.org/wiki/Debt\_jubilee](https://en.wikipedia.org/wiki/Debt_jubilee) Exponential growth on finite planet 🤡 💯💯💯💯💯 Stop Ecocide ----------------------- On the same note. Preventing predatory extraction. [https://www.stopecocide.earth/](https://www.stopecocide.earth/) As long as it is legal and profitable the destruction will continue - that’s free market. Someone else would do it so the incentive is to do it anyway. Unless it is made illegal. Governments need to step in and make the ecocide illegal. 2nd order changes required: * rule of law * enforcement of the law * strong institutions * resolving economic inequality… _(otherwise people will do it anyway)_ * …potentially through education, training, upskilling, investment in infrastructure These are very good 2nd order changes, some developing countries can skip digitisation of services and leapfrog to blockchain and AI directly. _(just like many countries skipped landlines, just like some countries will skip mobile and start using Starlink as their baseline)_ **EXTREME EXAMPLE of ECOCIDE** [https://www.rainforest-alliance.org/insights/why-our-forests-are-burning/](https://www.rainforest-alliance.org/insights/why-our-forests-are-burning/) _(not only cutting down forest but burning it now to save effort on clearing it)_ > The vast majority of the fires in the Amazon and Indonesia are manmade and intentional—the result of illegal deforestation and clearing of farmland. Wildfires are in fact quite rare in tropical rainforests, due to the high humidity. Even in the dry season, the flora is usually too wet for lightning to spark a blaze or for accidental fires (from a burning campfire or cigarette) to take hold. > > Agribusinesses clear vast stretches of pristine, untouched forest to make room for cattle pasture (in Brazil) and cropland (soy in Brazil, palm oil in Indonesia). The cheapest and quickest way to do this in such humid conditions is to cut down the trees and underbrush with chainsaws, let them dry out for a month, and get rid of the debris by burning it. 💯💯💯 Market price for CO2 --------------------------- Just please don’t call it “carbon tax”. I really don’t like taxes. Taxes seem oppressive. I much prefer free market - market price for CO2. End-to-end emissions tracking. Producers of every single good are responsible for the entire lifecycle of the product. Cost of disposal built into the price of the product = clear incentive to make it reusable. _(recycling as a scam perpetrated by producers of single use stuff in order to shift responsibility towards consumers)_ It was possible to develop COVID tracking app, surely it is possible to develop CO2 tracking app. It can also help with global trade and shipping industry, moving goods faster through the border. 💯💯💯 New definition of value ------------------------------ Fresh air - no value Polluted air - sickness, medical bills, good for the economy Living elephant - no value Dead elephant - meat, skin, ivory ![IMF: https://www.imf.org/en/Publications/fandd/issues/2020/09/how-african-elephants-fight-climate-change-ralph-chami - they say living elephant has a lot of value in the form of "ecosystem services" but there is not a single unified metric.](https://storage.googleapis.com/papyrus_images/e265db9e27533992a4a6d05cbebaaebb9addb98f2dab806753ac19c2c900f1f0.png) IMF: https://www.imf.org/en/Publications/fandd/issues/2020/09/how-african-elephants-fight-climate-change-ralph-chami - they say living elephant has a lot of value in the form of "ecosystem services" but there is not a single unified metric. ### New definition of value = capitalism with a twist ### Capitalism works (sometimes even too well) Capitalism is efficient. Market forces are efficient. **Need to account for externalities - currently they are outsourced to nature, future, vulnerable communities at the cost of collapse of civilisation.** _(just like Chinese fishing boats undermining the livelihoods of fisherman communities)_ I like free market. I like incentives. I like entrepreneurship. I like minimal role of the state. I like rule of law. I like participatory democracy. I like leadership with vision. ### What I don’t like: * Addiction _(not addition)_ as business model * Opioid epidemics * Obesity _(and related sickness)_ as business model * 17% of US GDP towards healthcare * “war od drugs”, private prison system, low cost customer acquisition ![](https://storage.googleapis.com/papyrus_images/ed4fc5c3a16691dff32e5b611c097447cff746d554c890a0257401535a40a4a8.jpg) That’s why as Planetary Council we are supporting work on [basex.com](https://basex.com/) - new definition of value, accounting for externalities in the context of climate change. Collection of links in the matter on [Hypercerts Github](https://github.com/hypercerts-org/hypercerts/discussions/640). **It is big impactful problem worth solving.** _(this is where we will be focusing our energy, creating a piece of software knowing that the cultural zeitgeist will catchup)_ New definition of value that allows market forces to do the magic, accounting system that is so much better it makes existing model obsolete. ![](https://storage.googleapis.com/papyrus_images/fccd443b16ac1ef3802c1cc90b2dabd1d3b42ec51542c003df86e18ee472982b.png) Timeline / activation / how do you do it? ----------------------------------------- This will be a good opportunity to get all the interested parties at the table ![](https://storage.googleapis.com/papyrus_images/74c74bf224bbe30cab8bcd0695c1a7443c2d54971526b947f0e27f07a99d68d1.png) ![Metacrisis Telegram discussion: https://t.me/c/1817589244/510/701](https://storage.googleapis.com/papyrus_images/23e8c4d1fc944e41961a06336dd0ac97eb9fbb38fb694cb9a61c02285c1db269.png) Metacrisis Telegram discussion: https://t.me/c/1817589244/510/701 Unifying narrative ------------------ A way presented in this blog post is not the only way. We would love to inspire a meaningful discussion how to address the **#Metacrisis** In our view, it all starts from education, sensemaking, unified narrative and media telling the truth about the current state of the climate. ![Media telling the truth is a key component: https://tellthetruth.media](https://storage.googleapis.com/papyrus_images/c1adf06ae53962c4422dc32506e05160445af4a60a446583c1d0ae55e3f96ad6.png) Media telling the truth is a key component: https://tellthetruth.media Current state state of the climate - Exxon and Shell knew 40 years ago - deliberate tactics inspired by tobacco industry to spread misinformation and doubt. Climate acts with delay. Research acts with delay. Data acts with delay. IPCC consensus is a politicised process. At this stage of climate collapse we need a progressive solution. Great Reset - conspiracy theory or reality? ------------------------------------------- Controversial as hell. [https://en.wikipedia.org/wiki/You%27ll\_own\_nothing\_and\_be\_happy](https://en.wikipedia.org/wiki/You%27ll_own_nothing_and_be_happy) Actually, I do not need to own my shoes (subscription), toothpaste (subscription), mobile phone (subscription). It changes the incentive with planned obsolescence. I like **some elements** of the Great Reset: * **CANCEL DEBT** * Reset laws that are no longer fit for purpose * Reset criminal convictions for cannabis * Reset education: there is Google, there is AI * Reset fossil fuel subsidies [https://www.weforum.org/agenda/2020/06/end-fossil-fuel-subsidies-economy-imf-georgieva-great-reset-climate/](https://www.weforum.org/agenda/2020/06/end-fossil-fuel-subsidies-economy-imf-georgieva-great-reset-climate/) Just like capitalism - not throwing it away - add an additional feature - accounting for externalities. Borrowing **some elements** of Great Reset - without infringing privacy rights, property rights, surveillance - without sliding into totalitarian regime with unaccountable unelected global government. * Reset how the UN consensus works [https://twitter.com/PlanetCouncil/status/1502756371523158025](https://twitter.com/PlanetCouncil/status/1502756371523158025) ### OPTION 1: UN reform. Someone has veto power. How? ### OPTION 2: Peaceful, voluntary, democratic, opt-in into a new system. ### OPTION 3: Let’s talk. Evaluate alternatives. Have a meaningful debate. Probably [metacrisis.xyz](https://metacrisis.xyz/) is the most appropriate venue. ![Vibrant community working on https://metacrisis.xyz](https://storage.googleapis.com/papyrus_images/c6327af6286d5456f421fe078b6d90c72dc44e63972da8daba6b3b90a4b5aa35.png) Vibrant community working on https://metacrisis.xyz --- *Originally published on [Planetary Council](https://paragraph.com/@planetary-council/metacrisis-pressure-points)*