Plenitude: the new economics of true wealth

After Homeward Bound I read "Plenitude: the new economics of true wealth" by Juliet Schor. I had read another of her books, The Overworked American, at university so her name was familiar when I saw this book referenced in Homeward Bound.  I hadn't read an economics book since university but it was quite an easy read and was pretty inspiring.

The book sets out why the "business as usual economy" is incompatible with the current environmental challenges we face.  Schor points out that the blinkered pursuit of economic growth is contributing to excess consumption, waste, intense resource use and long working hours.  She puts forward a new way - the Plenitude model - which is based on four principles:

1. reduced hours of market work
2. high productivity self provisioning
3. "true materialism" - an environmentally aware approach to consumption
4. revitalisation of community and social connection

All sounds lovely doesn't it? Initially I felt a little cynical about these ideas and thought they were only really the choices that people can make when they are wealthy enough to have that luxury. But Schor hasn't written this book to convince the rich to change their ways, she has ideas for everyone.

The appeal of fewer hours of market work is obvious, but the downside is having less money. The book covers both of these dynamics, and I really liked this quote:

"...income is positional but leisure time is not. The benefits of more vacation days or shorter hours are durable, remaining even when others gain free time."

In other words if you had a 5% pay rise but everyone else got 10%, you'd probably feel hard done by even though you have extra money. But if you have more leisure time you'll enjoy what you have even if others have even more.  

On the productivity point, I wondered how we are meant to achieve this if we are doing everything ourselves? Homeward Bound talks about the downside of spending all your time in the garden or in the kitchen...Schor instead focuses on innovations to maximise output so time is freed up for other things. One such innovation that she talks about is the vertical garden.  Highly productive, they have been used on tower blocks, they can reduce energy consumption by insulating a building to keep it cool in summer and warm in winter, purify the air and look beautiful...wow.  I looked up the French landscaper Patrick Blanc, who invented the Vertical Garden and the results are amazing...as you can see here.

The concept of "true materialism" is about caring about the things we have and what we buy, not over buying and throwing away.  There is a great section in the book on fast fashion, i.e. buying cheap, low quality stuff and throwing it away as soon as fashion changes (or it falls apart).  Schor doesn't think we should be living in homemade hessian sacks, she'd rather we buy special things we'll love and keep for as long as possible.  I have to say...this did put me off shopping in the January sales (well, not completely).

The last principle is about community and social connections. If you're spending less time at work then of course you will have more time to spend with other people.  One of the other things Schor talks about is how self provisioning can bring you closer to your neighbours, and I know this to be true based on our own early endeavours in back yard growing. After a glut of green beans we ended up distributing them to the neighbours and it was always a nice excuse for a chat.

All in all a powerful book that made me think about what we spend our money on, whether we really need that stuff, and what we throw away.

Happier at Home

I mentioned recently that, in the midst of my house move, I re-read Happier at Home by Gretchen Rubin.  Now, I'm a big fan of Gretchen Rubin's writing and became an even bigger fan when it turned out she is also a super nice lady (more on that later).  This post has taken me ages to write because Happier at Home is packed with, well, so much stuff, and I just couldn't pin down what I wanted to say.  So, in the spirit of "done is better than perfect" (a Gretchen-ism I like to remind myself of regularly), here's a collection of highlights and thoughts about the book.    

So - what's it about? Rubin describes the book as her account of the strategies that she used to feel more at home, at home.  In contrast to the messages in The Architecture of Happiness, which is all about the physical make up of buildings and their contents, Rubin doesn't really focus on this. She talks about what goes on in (and around) the home, and openly admits that she's not really interested in interior design. In fact, she said it had been a relief to her when she realised that her style of apartment didn't have to reflect any deep truths about her, and that it was enough that it be a pleasant, comfortable place to live.

Each month, Rubin picks a theme related to home (in the broadest sense) and sets herself some resolutions. She kicks off with "Possessions".  One of the most unsettling things about moving was being confronted with all our stuff - every single thing needed attention - and it made me just want to chuck it all out.  The usual comeback to a comment like this is that, yes, you should get rid of stuff, strive for simplicity, etc etc. Rubin argues we shouldn't just strive for less for the sake of having less, and assuming that less is better. She says instead we should just make sure we are engaging with our stuff - either by using it or keeping it because it has some special significance.

Next up is Marriage month.  One of the things Rubin talks about here is an attempt to rebalance who does the driving. Her husband basically does all of it, and she avoids it.  This is one of my own weaknesses too, and I read this chapter with hope, but it turns out there are no quick fixes for this.  Her sister offers the most helpful bit of wisdom here - that she'll only stop feeling anxious about driving after she has been driving every day for years.

Parenthood was the next theme, and I decided straight away to copy one of her resolutions to "under react to a problem".  Making a conscious effort to stay calm definitely makes a difference, but it takes practice.

A couple of months later Rubin focuses on Time.  She throws in a quote from Thoreau which inspired her:

"I love a broad margin to my life"

Isn't it such a luxury not to have to rush? In this chapter Rubin talks about planning her time better. She talks about everything from managing always-on technology and relentless emails, to how much she accomplished by doing something 15 minutes a day, to her kids' after school activities.  Her "15 minutes a day" task was sorting out her digital photos.  Some of her zeal for this rubbed off on me and I started tackling mine too. I also made a mental note to read Samuel Johnson, who is glowingly discussed in this chapter.

After the chapters on Body and Family is a chapter on Neighbourhood.  Here Rubin resolves to "be a tourist without leaving home" by making more effort to appreciate and enjoy what her city has to offer.  Another resolution this month was to "practice nonrandom acts of kindness".  Rubin disagrees with the notion that random acts of kindness bring happiness to the giver and the receiver (who she thinks will usually react with suspicion to a random act of kindness directed at them).  The nonrandom acts of kindness that Rubin focuses on include inviting new people to her reading and writing groups, recommending people for work and linking to other people's blogs. I smiled when I read this as this blog has been a lucky recipient of one of Rubin's nonrandom acts of kindness - she posted about this blog on twitter! - and it made my day!

Towards the end of the book, I highlighted this - which sounds so simple but is so insightful:

"...my quest perfectly illustrated one of my Secrets of Adulthood: I do best what comes naturally. When I pursue a goal that's right for me, my progress comes quickly and easily; when I pursue a goal that's wrong for me, my progress feels blocked. Now I try not to fight that sense of paralysis, but rather see it as a helpful clue to self-knowledge."

And, speaking of her Secrets of Adulthood (of which there are many) - this is one of my new favourites:

"It's the task that's never started that's the most wearisome"  

The final chapter, Now, brings it all together as Rubin reflects on her months of resolutions.  I won't spoil the ending except to say that it's happy and quite lovely.

You can find out more about Gretchen Rubin and her books and read her blog at www.gretchenrubin.com

Hacking your Education

I've had my nose stuck in Hacking your Education by Dale J Stephens since I wrote my last post.  It's aimed at young people contemplating university, and I've already been, so I've been reading out of curiosity rather than to learn tips to apply to my life. Was it still a worthwhile read? Yes...

In a nutshell, the book is pretty much a "how to" guide for any young person who wants to map out their own path outside the traditional (and expensive) university route and get a great job or start their own business at the end of it. It's full of case studies of friends and acquaintances who, for whatever reason, didn't attend university at all or dropped out and made successes of themselves through grit, determination, good luck and a fair amount of blagging and hustling.

Stephens thinks there are 3 main reasons why we go to university: the social experience, to get a job, and to learn for learning's sake.  He argues we can get these things in the real world, without having to pay out for university and have more fun in the process.

So far, so good. But how? Stephens has tonnes of suggestions.  Figure out what you're really interested in.  Commit to learning outside the classroom. Make a to-learn list, find someone or a group of people to keep you accountable, and put yourself out there (he suggests setting up a personal website that becomes your online portfolio of experiences).  Learn in groups with other like minded people. Figure out your talents and how you learn best. Find mentors and teachers. Network, have lots of coffees. Use technology, become a writer or a programmer! Gate crash conferences and university lectures! Take advantage of free educational resources. Have your 2 minute pitch ready! Start up a company. Travel the world! Don't pursue traditional jobs through traditional routes (never send in your CV!). Get a job through your network. They'll call you! (Well, sort of - that happened to some of the people in the case studies). Phew. As he says at the start, this is not a book about dropping out and taking the easy option.

In the book he also talks about Peter Thiel, the tech entrepreneur and co-founder of PayPal, who set up the Thiel Fellowship in 2010 to give grants to people under 20 to spur them to quit college and pursue their own ventures (Stephens is part of this programme). This quote from Thiel made me think back to my post on expectations:

"The problem that exists with schooling is that it ends up convincing most people that they're mediocre, and then the talented people get regrouped and are forced to compete with each other, and then most of them get convinced they're mediocre as well, and you sort of cycle and repeat, until people's dreams and aspirations are badly beaten out of them over time." 

What did I learn from all of this? Well, I had no idea that universities like MIT in the US had made their course materials available for free online (yes, really! See here). Not only that, you can listen to university lectures on iTunes U, including from Harvard, which I think is pretty amazing.  I'm tempted to take a few modules...  Also the case studies in Hacking your Education are full of examples of young people basically designing their own jobs, just as Roman Krznaric suggests in How to Find Fulfilling Work.  It's reinforcing the message to put aside other people's expectations and do your own thing.

On reflection, it made me realise that there are loads of examples of people who have "hacked their education".  Dynamo the magician (who I wrote about here) could quite easily have been a case study in this book. Someone else I'm a fan of, the writer Caitlin Moran, could have been too - she educated herself in her local library and subsequently blagged her way to becoming a writer. Also, these twin sisters taught themselves to embroider by watching youtube videos and are now sought after artists.  I find these stories so inspiring. You can learn anything you want! It's all out there waiting for you.

How to Thrive in the Digital Age

I had a mini obsession with the School of Life books recently, and read 5 of 6 of the first series of books in quick succession. Then I convinced a good friend to ask for the whole set for her upcoming birthday (handy, because they weren't all available at my local library - thanks Alex!).  I haven't managed to blog about them all yet...but given some of my recent ramblings about technology it seemed like a good time to write about "How to Thrive in the Digital Age" by Tom Chatfield.

I picked up this book purely because it was in the School of Life series, I didn't have any particularly strong views on technology or the digital age, so wouldn't have chosen to read it based on the subject alone. I haven't got an iphone or an ipad (I know, how do I survive!), but I've got a Facebook account, this blog, a work email account, 2 personal email accounts, a mobile, a Blackberry and an insulin pump (I'm type 1 diabetic). That's enough technology for me.

Chatfield makes some interesting observations in the book. Since technology has become mobile, we've experienced a huge increase in media consumption.  We don't need to set aside special time to use it, we can be "plugged in" all the time and multi task with technology while doing other things.  Despite all the advances in technology, we have not found a way of increasing the amount of time we have available in a day.  Obviously technology has enabled us to use the time we do have more efficiently and be more productive, but it has also created lots of new ways to waste time.  It also means we are more available to others, more of the time, and can be more easily interrupted.  

Chatfield argues that we need to be more mindful about how we use technology, and makes the case for carving out plugged and unplugged time.  He remarks on the fact that people are becoming more interested in holidays where they can venture "off the grid" to places with no mobile phone reception - being uncontactable is our ultimate idea of luxury.  One of the best holidays I've had in the last few years was when I was pregnant with my first child - my husband and I drove around Tasmania and over the course of 8 days I only had mobile and blackberry reception on 2 of them (in the main towns, Hobart and Launceston). Once the reception bars disappeared it was utter bliss being totally present in the moment, watching what was going on around us, talking to each other, and not being bothered by anyone. It wasn't a luxurious holiday by any stretch but we relaxed completely, and being unplugged was a big factor. We couldn't google things to do in whatever area we were in, we had to talk to people and ask for recommendations and write things down!  It was no surprise to me to read in this month's Elle magazine that e-tox breaks are being offered at an upmarket resort in Tasmania, although at astronomical cost!  Although it costs nothing to switch off your own devices and stick them in a drawer, some people clearly need a bit of help and encouragement to do so.

So if you're not going on a cold turkey break like this, how do you build unplugged time into your every day life?  For a long time, I was the sort of person who would check my blackberry last thing at night and first thing in the morning.  Not anymore. Earlier this year I read an article (Is There Life After Work?) by Erin Callan who said she realised only after losing her high powered job in finance that she had slipped into this habit (along with various other workaholic tendencies), to the detriment of all her other relationships, and when the work was gone she realised there wasn't much else left in her life.  As a working mother, time in the morning with my kids is precious (even though it's hectic and messy getting everyone out the door sometimes) and I have imposed a rule on myself that I won't check my blackberry until my kids are up, dressed, breakfasted and ready to go.  It's about priorities I guess. I don't always manage to stick to this rule but I'm trying hard.