Tuesday, September 15, 2020

Recent Goal Keeper's report says world prosperity now in reverse. I wonder if world has reached peak prosperity?

Something called the Goal Keepers Report, from the Gates Foundation, has recently come out with a report saying world poverty is increasing again. Poverty had been in decline for quite a few years. Prosperity and health was on the increase, but most recently, these trends may have reversed. Report cites the corona virus pandemic as the main cause.

My thinking goes beyond to wondering if the world has reached something that could be called "peak prosperity?" Beyond just the virus, global warming brings other threats to the global economy.

Unless there are major changes in our ways of living and doing business, the growth of prosperity could have stalled.

There have been big problems all along, but increasing global prosperity has brought a form of complacency. Dire predictions of global die offs and the ongoing extinction of species has been countered by an overall increase in world prosperity. How long can these contradictions last?

World population growth continues to be a big problem, tho it has been slowing down as much of the world's standard of living has improved. There may be a limit to how much prosperity we can create for how many people. A limit given the way most of the world has been functioning up until now. Continuing dependency on fossil fuels as a case in point.

This report focused on effects of the pandemic, but I'm thinking beyond and questioning whether prosperity, itself, may have stalled.

Some people are critical of Bill Gates for having much wealth, himself. Still, I would guess the foundation does have a lot of knowledge about worldwide trends. Many of the things the foundation is trying to do are beneficial, such as research on vaccines.

Sometimes I do think about the Microsoft fortune in relation to the concept of missed opportunity, however. Much of it's work has focused on improving global health and education. The world is a big place and it seems like just drops in the bucket tho I'm sure it has been beneficial to many lives. Not always visible from our North American vantage point.

Meanwhile, in Seattle Metropolitan area, where Microsoft and the Gates Foundation are headquartered, the area is becoming, in some ways, more dysfunctional. I think lost opportunity.

Investments could have been made for Seattle area to solve it's traffic gridlock problems, lack of affordable housing, carbon footprint, transit and so forth.

One can't necessarily blame Microsoft for all of this as the whole culture, in USA, isn't that conducive to sustainable living. Former Microsoft Billionare Paul Allen comes more to mind with his local investments in sports teams for Seattle and the Experience Music Project.

It would have been neat if Seattle could have been a world leader for making it's city more livable, investing in affordable housing, transit, bike paths and so forth. It has done some, but the problems of population growth and traditional visions of prosperity outpaces the greener visions. At least one thinks dysfunctional looking at the traffic and the cost of living. Remember the CHOP Zone and social unrest. Does that city no longer work?

One way forward, for the world, is to look at things in Europe, I guess. Cities like (from what I've heard) Copenhagen in Denmark as examples of city planning and greener living. Cities that are prosperous. The world ought to aspire to be like those places.

Seattle area isn't that great an example.