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Ethos is defined as the fundamental values and beliefs of a specific person, people, or culture. Moreover, the ethos of a people stems from the values of the culture. The odd individual may deviate from the social norm, but the beliefs that most people derive from their society can, to a certain extent, be generalized.

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In other words, if we are born in China, we will most likely think it is perfectly normal to slurp our soup in public; if we are born in Morocco, we will most likely think it is normal for women to wear a burqa; if we are born in Germany, we will most likely consider crossing the road when the pedestrian light is red as highly irresponsible, especially when done in front of children.

These beliefs are passed on to the people from the society, but there are also global values, and one such global ethos that pretty much everyone believes is that being able to buy all the things we want is a good thing. Sounds reasonable, right?

Economics Ethos

Economics takes this ethos further. Growth in GDP means growth in the gross domestic productivity of a country; so the more a country produces all the things that people want, the more developed that country will become. The economy of modern societies is based on this principle, and the success of modern societies is measured by how much a country’s GDP is growing.

I work in education. This summer I have been teaching Chinese economics, business, and finance students here in the UK, getting their English level ready for their upcoming undergraduate degrees at one of the most prestigious business schools in the country.

In lessons, we have covered such interesting global issues as the ageing population, food security (sustainable and healthy food production), and the effects of tourism on host communities.

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So what is our current ethos teaching today’s students about such topics, and their possible economic solutions?  What can we expect from the economists and entrepreneurs of the future?

First let’s look briefly at the ageing population. Throughout the world and throughout history, the young have always outnumbered the old. However, over the next 40 years it is now expected that the population over 60 will grow by 1 billion to over 2 billion. By 2050 there will only be 4 working people for every elderly person.

This is a problem because someone needs to pay for these people when they retire. However, there are solutions that are being put forward. The one that is currently being implemented is to gradually increase the working age so people work longer. This will allow the elderly to continue to earn and work so that GDP can rise and increased productivity can be maintained.

With regard to food security, the problem is that the entire global population is rapidly increasing, and we already are unable to feed everyone. More than 40% of the Earth’s land has been cleared for agriculture already. Thus, experts are racking their brains trying to find ways to increase productivity on that land we already use. Solutions that are currently being developed include advancing GMO food technology so that crops can withstand extreme climate change, and cloning animals so that they require less feed.

The negative effects of tourism on host communities are numerous and the subject for another article altogether, but the ethos on solving these problems is the same as the previous two; namely, find ways to advance productivity in these areas and that will enhance development, and thus more people will be able to buy what they want.

Notice that I write here ‘want’ and not ‘need.’ I will come to that shortly, but first let me tell you some facts which are not being discussed by the experts ‘solving’ these problems.

With regard to food, as much as 40% of all the food produced in the USA never gets eaten. In the UK, this is estimated to be as much as 50%. Supermarkets deliberately overstock their shelves in order to make aisles look appealing to consumers, while the consumers themselves currently buy and throw away as much as 1/3 of their food each year.

Furthermore, although the current population is an estimated 7 billion and expected to rise to 9 billion as soon as 2040, we are currently producing enough food to feed an estimated 10 billion people. Most of that food is grains, but 50% of the grain we produce is fed to livestock. It just gets worse. 40% of the fish we catch each year are discarded; yet it is estimated that we could see fishless oceans as soon as 2048.

As for the growing ageing population, doesn’t trying to keep people working longer seem rather ridiculous when we consider that GDP is based on producing more? What our students are not being taught is that we are attempting to infinitely produce more and more stuff on a finite planet. On the contrary, economics and business students are being taught that a good economy actually depends on it.

Manfred Max-Neef is one economist who disagrees. According to him, growth is not the same as development, and development does not necessarily require growth. Max-Neef defines fundamental needs as having food, health, friendship, education, responsibility, recreation, equal rights, and the ability to be creative – to name just a few. (full video here)

But one ‘need’ that he never mentions is material objects. Why?

Well, it is universally accepted among psychologists today that the more we want and the more we have does not positively correlate with our own well-being. In fact, it negatively correlates. In other words, wanting more and having more actually makes us less happy.

The fact is that the more our ethos promotes consuming as a positive goal, the more detrimental it is. The madness comes when we consider that our entire economic system is based on this principle, even if the only way that we can develop well-being for people, planet, and all life is to stop consuming. We have to stop pursuing happiness through material gain, and instead experience the happiness that social scientists say increases when we stop wanting.

In order to consume only enough to meet our needs, we have to begin viewing economics differently.

We need a new ethos.

ETHOS (2011) was a film hosted by Woody Harrelson which emphasizes the need for a paradigm shift in the way we consume products if we are to create meaningful and sustainable change and create a world where we can live harmoniously in a clean environment.

Presented here is my 2015 updated version of the film that includes hard hitting footage from the unreleased original edit, the original material produced for the final release, as well as new footage that leads to a more powerful conclusion and more effective call to action.

Together we can change the world. Enjoy and please share!

My goal is to inspire positive change through raising public awareness of important issues not covered in mainstream media; please share the video with others, support my work by subscribing to my channel, and I would love to hear your thoughts below!


How would YOU change the future?

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How would YOU change the future?

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