Andrew McAfee: Why Capitalism & Technology Will Save the Planet

Chris Riback's Conversations

If one question has driven mankind’s quest for innovation, it very well might be this: How can we get more from less?

For most of our time on this planet, the answer was simple: We couldn’t. As my guest Andrew McAfee points out, for just about all of human history – particularly the Industrial Era – our prosperity has been tightly coupled to our ability to take resources from the earth. We got more from more.

That tradeoff yielded incredible positive contributions in nearly every field: Technology, industry, medicine. But there’s one glaring area – one of those “aside from that, Mrs. Lincoln, how was the play” areas – where the trade wasn’t so incredibly positive. Of course, that’s the environment.

As global industry rode the combination of human’s infinite ingenuity and Mother Nature’s finite resources – we all reaped the benefits and the costs: Exponential global warming. Perhaps it’s not an exact straight line, but the connection is clear to all but a few climate deniers.

Luckily, we know the solutions: Consume less; Recycle; Impose limits; Live more closely to the land.

Or do we? What if, instead, these central truths of environmentalism haven’t been the force behind whatever improvements we’ve made and, more importantly, aren’t the drivers that will solve the existential task at hand: Saving the planet?

Instead, as McAfee argues in his new book, the answer is dematerialization – we’re getting more output while using fewer resources. We’re getting, as his title suggests: “More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources – and What Happens Next.”

McAfee argues that the two most important forces responsible for the change are capitalism and technological progress, the exact two forces “that came together to cause the massive increases in resource use of the Industrial Era.” Combined with two other key attributes – public awareness and responsive government – we can and do “tread ever more lightly on our planet.”

McAfee knows his prescription to save the planet is controversial. He knows it will frustrate – if not outrage – most of his friends… assuming they’re still willing to call him friend. But as the saying goes: He’s done the math. He’s researched the data. And like it or not, he’s ready for the conversation.

For show notes & my newsletter, go to chrisriback.com.