the, the, as you can see, this is the line for a coated outage and and from the 15 for positives. yes. it's too too, too much. it's too much. now, we've reached the end of the day. i just went outside to take off my math. we used to tell you that we remember when the world march 8th on dw, the hard working hands non stop production lines. the economy should be booming.

according to german lore. a growing economy means growing prosperity, the foundation on which germany was built to be trying to, i believe economic growth is essential to safeguard our trust. they're already gone . but now germany isn't doing well. millions of yours in debt. the economy lackluster? 2023 negative growth of 0.3 percent. what is that a bad thing? or could it be a blessing? at least for the climate? what would a world without economic growth look like the

these people are angry, fall 2023 climate demonstrations and all of jeremy's major cities. environment protests have become one of the great social movements of our time. the average global temperature continued to rise in 2023. apparently it was the warmest year since records begun the, the battle for climate protection has long been waged on the streets. the. we have not only a climate problem, but also a social one. for some, the planet comes 1st, the others are afraid of high energy costs, social decline, or the loss of benefits. farmers in germany demonstrated against the evolution of

subsidized diesel for agriculture. the in hamburg, on the other hand, people rallied in support of a new perspectives child, but just now to the phone while i'm sick and tired of hearing about all the things we need more of me when actually we need less of everything. we don't need more energy. we just need to be using less of it just for paul. i'm fighting so it's about my overall and above all, we should start to train our understanding of prosperity as the secret co heidegger cool. thoughts of that here they're giving it a try tumbler. quite often. in the heart of the cities district, the restaurant clink of dishes here costs between 15 and 21. yours

with several courses needed to satiate the appetite on house and push. and molly, on us, one has to know the restaurant rat race well, very well. in fact, both have worked in the michelin started restaurants for years, 18 hour days, pressure stress. then they opened their own restaurant and decided we're going to do things differently. and there established them in the kitchens where we've worked, you're just a number staff or a dime, a dozen in the province to and then working 18 hour days and the new on the basement kitchen on the head, you put mine goes from thailand, down are birds from friends and fish from brittany, and who knows what house and for 2 stars that latania not so here at the kink in summer regional vegetables are preserved for the winter menu. sustainable good for the climate. and for people, folks just agree. increasing sales and profits isn't the most important thing

that kind of going to be the industry is the not the career path i saw ahead of me would only have been possible with a pushy mentality. and that's just not me. and i realize that all the people in the industry who i look up to are all pretty exhaustive advisor seem to come put, send little danger of that here. fairway just for stuff. no unpaid overtime, only organic ingredients kind to the planet and people because you are sure we could get double the work. i took them with fine grain them times a year every day. at some point they'll burn out or night is nothing new only. so we just keep going to the most practical decision, the restaurants closed on the weekend when business typically peaks

to my father. when i told my dad they were close on saturday and sunday, you looked at me and said, son, you can't do that. it won't work, it doesn't spring, but it does. and the restaurants, particular nice at least an intentional foundry that the chef can and want to afford. boss and see what are we passing up. we're passing up the chance of owning our own home in early thirties and having a portion of the park outside the door job. that's it. and it concerns that our world away from the life of this month. you can hang with the alarm clock goes off at 1 am every morning for more than 50 years ish by the same target it i worked 7 days a week in to 1000 new other ways. we were at capacity. good enough. i enjoyed my job. it's tiring, 7 days

a week without any time off the site. so if there were 8 days in the week, you'd still be at work is bakery and a small house in town has a staff of $26.00. here. no one's thinking about home ownership or a luxury cars, brother, survival in a world with discount, a plastic wrap, supermarket bread and lysis fox. still there has to be grouped in however small. then if we start committed to half an energy costs are speaking, the price of ingredients is rising. yes. again the, the uncommon got to absorb these costs some higher thing. if he closed for several days, like the kink or restaurant you all can handle, which would be quickly wiped off the market. and if you have talked of always with some significant know 40 weeks don't work like that. we're a service provider toggle. if we did a 4 day week, a good many of our customers, but just to their business elsewhere from the eyes of coffee at the supermarket

next store pretzels cost just $0.30. but this business drives on its customer loyalty and appreciation. lunch time. you all can handle, it has already worked a 13 hour day doing the job he loves comes at a price. that is so much by god munch maya, well mind on fox. and if i mean it can sometimes be a balancing act. yes. and the bus and you've got to give up on the family time because the business needs attention. which means i can go to the soccer games and often it's a shame i love watching my son play soccer. even every few of our customers are aware of what's involved because it's difficult to convey, having to get up every night with our fail. come, i know she asked me, did you all can handle it as often pushed has limits. the planet has also reached its limits, just like our economic system did

a while back already. a burning issue for this woman. essentially, my name's o rica, herman. and i've written a book titled in the end of capitalism, my gross and climate protection are incompatible. and time will live in the future and even that a gathering business consultants growing the economy is their professional duties. she's here as a guest speaker on time. and i'm interested in very few cute girl independently in the following night world. just, it's just not possible thoughts on germany is currently behaving as though it could consume 3 planet. that's awesome, but as we're all aware, there's only one or, well, i'm the ada capitalism is. now the problem says, hammer and extreme times require radical solutions to get a handle on the climate crisis. our economic output must drink dramatically that essentially. so 45, you have us list and you,

the question is what needs to strings here and what doesn't pull some span. so it's clear, particularly energy intensive sectors that admit the most of the c o. 2 must be scaled down by the plains, cars, the chemical and steel industries, but also the construction of new homes are all problematic, and should be phased out. i'll just pull the moto, says on the assignment ended fabulous this debate. as soon as it goes on to unfold and, and so i can use it fairly short, we've got the rest of the world, would look at germany and say you've completely lost your mind to it because the emissions we generate overall are 2 percent of total global emission yourself models so we can shut down the entire german economy overnight and deal with a social problems that will entail the 4 day week won't help much there. and then on the other hand, realize there hasn't been any progress on climate protection guns f one, a good comment. my number is the names lawrenceville time professor for economic policy at the university of fryeburg, director of the vault through oregon institute and active and various advisory

roles and economic policy making that even if we discussed this at length for germany, essentially the conditions must be imposed worldwide, and i don't really see how that can happen, which dispute as well? plus the answer back in the early 19 seventy's scientists led by dennis meadows, one that something had to change on a global scale. their report, the limits to growth, commissioned by the crop of foam outlined, precise calculations of the impact of exponential growth on the planet. continuing a business, as usual, the approach will lead to catastrophe. it said 50 years later, the question is still the same. should our economy be allowed to continue growing? it won't work. say, representatives of what's known as the de growth or post quotes movement. the economy must drink, polluting energy sources should go. we should do without unnecessary luxury,

the energy intensive sectors. such associations, the automobile industry or new construction should be phased out, allowing for the expansion of sectors securing a sustainable future renewables, public transport, energy efficient renovation, guaranteeing jobs in the process. that should be the path we follow away from the religion of growth. but how do we get there? how do we voluntarily live with less we wanted to find out the one family. one experiment, the research call. yeah. that's the ending us try it for 2 weeks. the rules 5 regional products to limit imports

instead of energy guzzling online streaming, offline entertainment, only as it is the offline entertainment. i think we should do that. i disagree more bike instead of car, but we're up for that, aren't we? lots of yes. even when it's raining? yes. yeah. less living space. what could we do with that loss at my desk? i never use it. when could we certainly do need to use the veranda. 7. from 1991 to 2021 alone. living space per capita in germany increased by 37 percent. for the next 2 weeks, the family won't use part of their house. they plan a holiday without flying. leave the car at home and cycle instead, for example, to the nearest supermarket. so off they go, a seasonal occasional products. oh,

make no imports. let's see what the variety is on offer. that's comes of that comes from from the, from belgium that, from holland that's from australia. it was still nice. next will pop up with me. well no, we can't get tab at the by the, the, i think, you know, that's regional. and what does it say on the packaging of, of the control, clint coverage. those cookies do spilled cookies. we always have backed up my grandma since 1921 on series or if there's enough but okay, we can take the bed from berlin and we have them back in the day the lin, sugar mice. sure, we have them ma'am. yes, we could make a salad in a pumpkin soup and grilled fennel. uh cuz the sensor yes, that's good. but come with icons. the tomatoes with that to be home kind of we didn't get any tomatoes or cucumber from germany

as those that it wasn't that easy to find things and in midwinter. what kind of vegetables can you buy? a pod from cabbage and pumpkin in court. the pumpkin seedlings. coming to an end, oh and in any case, you don't want to eat that all the time. so that's the question of what you switch to a long spring today. it's pumpkin. so for dinner, everything is checked, but not everyone's happy. and we can't just eat soup normally without some sort of issue. fire is the soonest as local the doing without is difficult, but is the radical approach. the only way forward do we really have to turn our economic model upside down in order to save the climate?

now this mountain fighter has been particular to my name's more than the title and political editor of the frank foot to oregon, my nose own tech title, and i right to the energy policy under adoption and the german to beat. it could be forgiven for thinking that the claimant protection and the economy are polar opposites kind of this that's unfortunate to fix, right? because an actual fact, a flourishing economy is ideal for effective climate protection commercial. it costs money after all, gate a growing economy is essential for climate protection. it's if we didn't have a pro spring economy because we were under what would happen to times revenues i'm the most viewed. and then i reckon claim that protection would be the 1st thing to follow by the wayside to fate. environmental protection costs, money to and titles view restrict to economic growth as the wrong approach should happen in mucus, kinda under germany is be a role model for the world of everyone here is poor going a random bicycles and patched up so that we may well the claimant neutral newman is

going to follow our example and then because in the rest of the world, the people want to drive a mercedes, perhaps fast what they find to appealing of it. the german model. nice doesn't know that we're claimant neutral, but there weren't claimant neutral and still prosperous since making money and running clean businesses. green gross. that's possible. suspend him. he's to attend these rallies regularly when he was active on fridays for future. he made posters, registered demonstrations and took to the streets. but now he's distance himself from the movement shop for a new vehicle. hurley or a speaker was seeing she can't hear the words wells and growth anymore groups done, but that's what it was. they all do. you, because that doesn't fit with my assessment of the issue at home to revolt in my view prosperity create. so i'm not sure if you, yes, many countries would give anything for prosperity like this. and so to be honest, i find it very strange to shop today really has taken a side off the streets and onto the stock exchange. he now works as

a fund manager and investing in companies that are making a conscious effort to reduce their carbon emissions. yeah, and as soon as i see anyone, honey, we're investing in companies that may not be green yet that are in the process of turning green, so to speak about and green is of course on abstract concept and they're realizing their power as compliant claimant protection strategy. we're investing in these companies because it gives us influence on that process. and it's his philosophy effect change where the impact will be great. just the have been a huge number of goods are exported here from the federal republic of germany and could audit. and there's a loss of leverage there that's about $4.00 to $6.00 dash to reason that we can see

much more c o 2. so here i don't on an individual level in the heat definitely doesn't envisage the end of capitalism. on the contrary, that gets out. this is about the basis for human existence and consequently, the economy must adapt to the altar condition and it must change its been over the past. i firmly believe it will continue to grow and know my country much what's when the truck's confinement assignment protection and economic growth can be bedfellows because it will be essential for climate protection that carbon pricing incentivizes the technical progress was an innovation to sense to be in or, and technical progress is essential for economic growth. the switch off by a flourishing economy, and a green transition from mila, and felt the 2 things complement one another. that's the idea behind green, gross for almost 200 years. it's been true when our country's

economy grows, so does environmental pollution, both green growth, this no longer applies. in fact, emissions, chip ball continued growth. but in the green zone, by way of new technologies, clean energy and market based ideas. a booming economy was decreasing c o 2 emissions a goal, not just within industry, but also across the whole of the you. with the green deal, the european union aims to be the world's 1st climate neutral continents. by 2050 the auto focus groups, special metal parts for the automotive and aviation industry are manufactured here . for example, car will rims an energy intensive industry that faces major challenges. this site

alone consumes as much energy as a town of 40000 inhabitants. nevertheless, the, because the company we're committed to the 1.5 degree target one time when we say that our goal is accordingly in throwing up a 20 year road, many 100 bucks. and that means it's not a sprint. it's, it's a marathon and where you need to be a company eat along the route, but not and provided with the conditions to make it possible. germany's climate and transformation funds was established to do just that. but then came the bombshell from castle and november 2023. the federal constitutional court declared unconstitutional to reallocate unused corona virus funding to the climate fund jeopardizing its operations with a knock on effect at a to folks. we assume that we're funding had been approved. it would stay that way also. so team is a huge shock on the projects are no longer financially viable and the best significant improvements we'd hope for including carbon neutrality and are now

unfortunately much more difficult to achieve. the, the comic is along with the new climate friendly machines, suddenly have to be financed without the expected subsidies. another purchase was cancelled altogether. new funding opportunities, unavailable, economic minister hold that. how big and march 2024 are the best. a drop in the ocean for the middle of processing industry. international competition is tough. is indigo of companies. it's not the job of politics to make our lives easy, but it's also not the job of politics to make our lives difficult. if you're getting investment commitments in advance and these are honored and, and that's very frustrating. of course, you will see, we're all fully aware of the budget's current state data house. and now we're having to see what we can do to get ourselves out of this dilemma. dilemma where we're still expected to tackle this transformation for like with significantly less than one dixon. and that'll be a major challenge for the entire industries, for china under cuts, prices abroad,

and america heavily subsidized as its own economy in his view, without much more generous subsidies in germany. a green economic miracle seems unlikely when you get the sense that there is no concept of and also a sense that industry isn't wanted at all. evans and it will simply go away achieving the emissions reductions target that went through. and i'll have, i've taught others where look here and secured their subsidies before the constitutional court turned off. the top like just in called the german steel long regarded as the backbone of the economy. the basis for its upturn, the pet to me, of quality in the country, had a clear path to becoming the world's leading exporter and to unimagined prosperity

. but this success has come at a price to hor, region as a case in point. afterall, 2.5 percent of all harmful greenhouse gases in germany are emitted from to some corporate chimneys alone. globally, the steel industry is responsible for 8 percent of all emissions. now we're not waiting for anyone else to begin. we're starting ourselves. we in the state of north ryan west valia are supporting this project to, to some clips with one of the largest funding decisions to date, the largest funding decision in the history of the federal republic. of germany, pope, to the tune of 2000000000 years. but not everyone's able to imagine the screen miracle fitness box did you break it

down? i'd argue that green growth is macro economic, green washing bushing and other words for him, growth remains problematic. my name is marcia smith, so i'm in economic historian and transformation researchers. i've long been focused on growth and alternatives to grow and some bucks to the ecological transformation won't succeed, was further growth says tremendous that people the screen growth isn't just solution to the climate crisis. management site, it says the mid seventies, at least it's been claim that economic growth can be the couple from environmental impacts. but that hasn't happened yet. and there is little evidence to suggest it'll take place to a sufficient extent. also in the time that remains most and does have lives in site here, there pondering different ways to do business. the university of transport the

course transformation research then being the interest of what we're basically seeing most the promises were made regarding efficiency gains or greeting process through technology games have been, don't go far enough. i've missed all sky schmidt assess, is that like almost all industrialized countries, germany would need another 220 years of the current rate to obtain climate neutrality. in addition to this disputes which is one pit stop, we all know this is far too late and that by then economies like germany's will have exceeded their c o 2 budget many times over. in principle, we can imagine that trying to v carbonized and growing economy is like trying to go down an escalator that's constantly going up. what types of india had come on and or not, we can get the studies show,

then industrialized countries should actually be cleaning up their act 10 times faster than they have been. critics believe this is impossible with even more growth because generating sufficient green energy as possible contraction is the only solution they say this is yeah, this bush connecting to rod and vc that it's been calculated how many wind turbines would be needed by chosen cooper alone? well, i'm start and that's just one to steal plans decision. so you want to be able to do that across the board for the entire economy. one of these as far as i'm concerned, it's absolutely clear that it will come down to doing without and fees of the either that will be forced by the climate crisis the or will be smart enough to do it in advance liability for his support from the bottom was one that it has to be separated from the political debate. even individuals keen to make a personal cutbacks to definitely go ahead and tyson, such a choice can only be applauded by that program and citizens wheels great power here . i don't know. it's as if most people suddenly decide to eat less meat doesn't

want to have an incredible impact on our carbon footprint or to adults what else, or if people want to plan vacations without flying fun, then kind of thing into the symptom. i just warrant against turning it into a political program that's simply because that would start resistance and do that to failure once again. and you decide on and placed in our experiment continues living with less. is it possible? and would it be that bad? a vacation without air travel. that's today's task for claudia louisa. they want to go to portugal. news we need to get to the nova 2925 kilometers to mid. i'm going to 9. i was by car with public transport, casting it in. 12366 changes. i never get that. it's not at all easy to find out how to get there and come out the distance from dressed in to paris and from paris

to bordeaux. and now we've got to get from bordo to madrid. that should work through and it's like fulton in or not as of the, i don't know. so according to this, those journeys that runs back to take at least 23 days. and then unless you can plan a 3 week holiday time, it's not, was that i guess it's just, yeah. and you know, kinda in the 3 days there and 3 days back a few times if you've got to loads of time and you can be relaxed about it. and then i think it's a great way to travel, isn't i? but that's because i can only take 2 weeks holiday at a time. i can use this sort of trip isn't an option for me. translation size, and so it's not possible. oh, let's get miss living like this is really very satisfying. is it? what was the opposite? what do you have to realize is that often individuals are trapped in work structures and that they don't have the option to save. have to keep boss. i'm only

doing a 30 hour week. now i don't take a pay cut or i don't want my full salary. that'd be even better. of course you back as soon as you come hook up brockman i'm he so c elegy, professor, my work is focused on happiness. within shawn all tired goose. also part of larger structures and they can strain and in mid life in particular, you have a lot of obligations associated with your hands are often tightened on of to him, the go button. but at what point are we content to as well being always requiring more and more of everything just and if it could be any go back to me, the flag or this is less growth, really the question or is different growth perhaps the better idea top it's a question that's also been addressed in happiness research. we need an alternative gauge and actually since human contentment or happiness a very good gauge because it's something that people can judge for themselves of

school today. but what time con mosley and also on the owners of restaurant kink found their happiness for them. prosperity has a lot to do with feeling well. hey, good to see. i'm saying that yeah, yes, great. the drop by and we're not gonna mess but little to do with growth. in their past roles, there was rarely time to carefully select products directly from the farmer. the fix my model to keep growing next. minimize the question of size more stores, more restaurants, more acceptance or internally invite on. how can we improve what we do in our communication, social, and moral responsibility for the guests where we are in the sector, it'd be difficult to run another 10 businesses in the same way and in some of the

my name's it doesn't look high definition of gross isn't any case quite different than the socially accepted norm of the business? so if i can ask myself, what am i actually doing here? why am i doing this? a tall bookcase? me a bed in the morning, then to bed at night. that's the point. because if i'm making progress there, then i'd say that for me to ask more meaningful than a growth is surely monetary. i'm going to taylor next to most of these a good time. most of we also have to break the thought patterns has been taught on this. and we haven't yet learned to say that we define prosperity or different ways model, unless definitive. and they took a leap of space, contrary to broad economics theory, which focuses on one clear goal, growth, the f dross. the economy has a benchmark, the gross domestic product. i figured that packs a punch, it measures the sum of all goods and services produced in an economy. but the gdp

doesn't register the usefulness for sustainability of a service. no matter whether i buy an s u v or sell hadnot and sweaters. the main thing is, money is moved on a 100000 square kilometer island and the cold north atlantic. they've devised a new economist formula for themselves. well being and quality of life. instead of a blind facing growth, it was their response to crisis. 2008, the international financial crash rocks. the nation. iceland, financial sector was in ruins. the the countries 3 major banks went fast within a week. the nation's currency plummeted. the

thousands of icelanders were drowning in debt and lost their homes. thousands lost their jobs. they resolved protest outside parliament and to call for new elections . at the time thor, seek for sand, was head of a large insurance company and a top earner. but he too was caught up in the financial crash. i think in many ways it was uh, of course a crisis for me as well. so i have to, i would like to re live that period again. uh, but at least what i, what i found out this, that we need to continue and need to look back to some of the ideas that i had and figured out what the could be, where i could really have uh, a stand. so it was uh, a time of sort of like, uh, uh, a re seeking my, my, uh, my existence, in many ways 6,

your son found the ocean cluster in 2011, bringing together tech companies and the fisheries industry. the idea to use as much of the fish as possible good for value creation and the environment in the wake of the crisis. iceland has re organized itself and we defined its perception of economic success. for example, more attention is now being paid to health and environmental factors will have to click for darcia used to manage a large company. now she runs a small store. thank goodness she says, i can keep your balance and just any way i like because it's much in smaller business, i control it and that's the issue. it's much less pressure, much less stress. she's lost nothing through her decision but

gained a great deal. for example, time and the willingness to use it. i love being and the nature you get more complex to, to the earth. so to the ground, being close to nature. and the horses as they say in iceland, quality of life is also part of prosperity, not just money, just like clean air and social cohesion. we are also rather closely connected with our families and with friends, with small nation, people know people. and yeah, i think that's one part of it is close enough. so people between people, the and 2019 the wellbeing economy was introduced as a basic political program. in iceland,

the nation hasn't turned its back on economic growth altogether. but now whether something has a price tag isn't all that matters. the the wellbeing economy focuses on other issues. just economic growth, which says, well, most nations are focusing on and the un collect data for but with a growing economy, that doesn't mean the miles of nature or people have any sort of well being. my name is christine mom. i like most of this. i'm a professor in the department of the sciences at the university of ice storm. she played

a key role in iceland is economic policy shift. it's important to think about the economy in a different way on economy, which is for people employment. and not just for up upkeep, can choose to sell and that you're actually using more and more resources selling more and more stuff and people collecting what they actually don't really need. 139 indicators have since served as a political basis, guiding decisions on the use of public funds. so all investments need to be shifted to to be good for, for people on planet. and last is very important. so basically the wellbeing coach, calling on me thinking is about re purpose and the economy the

doing business, but differently. price alone doesn't make us happy. that's the idea. perhaps a model for germany to germany has one of the most important economies in the world . this is both an opportunity and a challenge and the battle against climate collapse. as a society, we must do something each and every one of us can do something. endless, life is certainly changed, at least for the duration of our experiment. this taking last is school by bike. i think that this is good. yes exactly. we can keep doing that. i'm on the lunch rough condition association. i already know the landscape because we always take the same route by car. and so it's been, it's just a bit boring to sit in the car all the time and look at boring scenery long by the

elantra funds from. you guys have some type of skills that come i use of media and available online media and media inputs and it makes you realize that these days are in need to be online or is this on the account managed everyday life was hoping online whether it's for school or just for fun, but i thought to in the long run, so it doesn't work for me. so i'll get dismissed for 2 weeks. the little bit skis have tried going without and voluntarily set themselves limitations. as for me so. so okay. i think it's okay, i'd be happy to shop more at the organic store, and in any case, i'm the kind of person who likes to have more time for things. but in my view, the issue here is you just can't make the time as a safe. and in general, i think it's really nice of a, but time to mom's something shift fast paced, life time zone from that to that, to them up from that not done of that. certainly possible by calm down was much

more and then the food has to be coped quickly. here it has to happen fast and it's supposed to be honest and i don't know how that would work in our everyday life. realistic is that the results of the experiment? it's doable. partly it's just a bit tricky with the offline entertainment's yeah, but i managed it to us by 2 days to finish something at least the more or less the definitive question for the future. the prosperity without gross or only with gross and can get to start sensually, it's about differentiating between useful growth and less useful growth and having a social debate about that to happen. because if we don't manage to build a claim,

it neutral system in which we can grow economically and then the planet is doomed. being a longer term growth makes it easier to mitigate the distribution conflicts that can arise in a society and to get the k grows, it's easier to share it then if it remains the same size. my guys cost lives in a worst case scenario where we're giving up about 50 percent of our economic output . we'd still be as rich as the west. germans were in 1978. and as anyone around at the time will tell you, we were just as happy then as we are now, and it was a good life sneed. i'm still keeping the whole box. we will turn around and put this on a better pos. the

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