I argue in Exponents:
Ultimately, it is alchemy – cultural and technological creativity – or as Douthat puts it, the capacity to “imagine and work toward renewal and renaissance” that counteracts decadence. So where to begin the post-decadent project? Well, green technology – to avoid the worst of climate change and, perhaps, transcend yet more spiritual disillusionment.
In the discussion of stalled growth, Douthat paraphrases Tyler Cowen for the proposition that green technologies are “defensive” in nature – helpful for sustainability but “not a world-altering innovation in the style of the steamship or the airplane or the gas-powered automobile that it aspires to replace.”
Douthat’s reservations here are overstated, as sustainability is underrated. In Cowen’s own case for the morality of economic growth, Stubborn Attachments, the watchword is “Wealth Plus,” with the “Plus” encompassing the essential feature of environmental and societal sustainability. To the extent the crisis in cultural confidence Douthat depicts is the result of deceleration and subtle backsliding, even modest steps forward are vital inflection points and potential origins for yet greater ambition. With further imagination, green tech is the beginning of our renaissance.
Imagine a grand bargain that sees a carbon tax enacted alongside wise deregulation – of the Saul Griffith, not C. Montgomery Burns, variety – to make nuclear and solar energy more affordable and devote a greater share of national GDP to research and development. Imagine, as Peter Thiel invokes in a review of The Decadent Society, compact nuclear reactors cheaply powering, with zero carbon emissions, the factories to produce and the electricity to fuel Teslas for mass consumption. Imagine those same reactors powering hyperloops to carry commuters from abundant, affordable, and aesthetic carbon-sink housing to prosperous urban cores. Imagine in the heart of the city (as well as the cloud) Stripe University – educating minds for creativity, not credentialism – where the Department of Progress Studies is pioneering institutional incentives to speed the replacement of compact fission with fusion reactors.
Imagine a reporter from the Srinivasan Post – her retirement fund and children’s college funds secured with assets from initial coin offerings that seeded transformational technologies – delving into her latest in a series of investigations of fusion technology, which help scientists, regulators, venture capitalists, and the public parse PR puffery from bona fide breakthroughs. Imagine students and researchers the world over inspired by those articles to make significant contributions to fusion and other digital science hub repositories – from the COVID-25 vaccine to the Martian Excursion Module repos – in return for their own coin stakes in that technological progress via the a16z “It’s Time to Build” exchange.
Is this future far-fetched? As Douthat might say, have some faith – and let’s get to work.
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