DFS Roundtable: Slow Food and Ecological Economics: What Global Capitalism Cannot See, Mar 2

Monday, March 02, 2015

Originally from Spain, Luis I. Prádanos (Iñaki) did his undergraduate work in Spain and Italy, and completed his MA and Ph.D. in the US. Before coming to Miami University, he was an assistant professor of Hispanic studies at Westminster College in Utah.

This presentation demonstrates that maintaining the conventional model of industrial agriculture for much longer is a biophysical impossibility due to energy restrictions (e.g. peak oil, global EROI decline, entropy, geopolitical conflicts). Although it is possible to stretch this agroindustrial model for a decade or two more, the social, political, and ecological consequences of doing so could be catastrophic. However, some international institutions (IMF, WB, WTO) are still promoting such a system on a global scale because their “experts” are trained in an obsolete economic paradigm that is blind to the biophysical realities of the biosphere. From the standpoint of a scientifically updated economic paradigm (ecological economics), it is obvious that the current agroindustrial system is uneconomical, unsustainable, and irrational. Slow Food Movement suggests (and is successfully implementing) alternatives to such a destructive model that are economically viable, socially desirable, and ecologically sound.