The Next 20 Years Will Be Completely Different From The PastCurrent global trends are weak economic growth, too much debt, declining incomes for the lower 99%, a dangerous addiction to fossil fuels, and ecological destruction – just to name a few. Many of usunderstandably feel resigned to an eroding standard of living in the years to come. At best.But what if we told you that there are specific, attainable steps you can take today that can limit your vulnerability to these trends and help you Richer- Live with greater purpose- Healthier- More valued by others- Happier- Safer from harmThat’s exactly what Prosper! a blueprint for taking control of and improving your destiny. It outlines practical, actionable investments of your time & resources that will ensure you enjoy greater prosperity in yourlife, whatever the future may bring.In Prosper!, Martenson and Taggart will The trends mostly likely to shape your life over the next 20 years- Why developing resilience offers your best chance for thriving, even though society may suffer from the changes these trends may bring
Some good stuff about different kinds of wealth - financial, health, material, knowledge, mental/emotional, social, cultural, and time. Each of the chapters could have been a book in itself. Definitely a "take what you find helpful and disregard the rest" kind of book. I dogeared the chapter on Knowledge capital because it felt most applicable to me.
The overall premise of the book is that you should prepare now for things to go badly. (Some shades of Taleb's Antifragile there.) Good advice, but the authors are far more pessimistic about the future than I am. (Would it be so bad if the price of oil went up?) Of their "Three Es of the Apocalypse," I buy one: an(other) Economic crisis. Energy and Environment? Eh.
Even though the authors try not to fall into this trap, most of their advice is helpful only to people who already have resources. (The well off can afford to be well off.) That said, I appreciated the point that a prepared person can be a huge blessing to others in a crisis.
The authors' previous book, The Crash Course, does an amazing job of summarizing how we have screwed up our 3 Es (Economy, Energy, and Environment). It brings together how they are so perfectly intertwined. You should read that one first if you haven't.
This follow up is a primer on how you can start the process of moving forward to become more self sufficient and prepare to be prosperous even as our 3 Es are falling to pieces around us. Lots of practical advice in this one.
This is a critical duo of books on moving forward in protecting the lifestyle of your family and loved ones.
I could totally see myself as a doomsday prepper and this book is definitely a guide as to how to start. Chris Martenson and the community at Peak Prosperity are having the read conversations around climate change, the unsustainable GDP growth need, and the impending economic collapse and offers real-life preparations that people could make. I think it is a useful book for everyone to read - not just those who think that the economy will tank sooner rather than later, but those who have not planned for their future or are in general unprepared for what life may throw at them.
I rather liked this book. It is an American self-help book, but once you get past the razzle-dazzle, it's quite interesting in what it has to say. More importantly, it is useful in what it says we should do. I like a self help book that contains not only a call to action, but a framework in which that action should take place.
The premise of the book is that we are heading towards a disruption at the civilisational level. The sources of the disruption are down to what the authors call the '3Es' - Energy, the Economy, and the Environment. The argument is that we are over-reliant upon carbon based fossil fuels, that the economy is over-reliant upon the creation of debt, and the planet is heading towards it's natural limits for all of our activities. The result we are heading for, according to the authors, is a civilisational collapse.
Accepting this premise - and we could argue the point - we are left with the question of what to do. The authors suggest that we focus on our eight pools of capital (or wealth): our Financial Capital, our Living Capital, our Material Capital, our Knowledge Capital, our Emotional & Spiritual Capital, our Social Capital, our Cultural Capital, and our Time Capital. There is a degree of overlap between these different categories, but over all, they provide a nice framework for a reasonably well balanced life. Even without the prospect of a civilisational collapse, they would be a good thing to focus upon in any case.
The reader is invited to reflect upon their lives to consider which forms of capital they have in abundance, and which are in deficit. They are also invited to devise an action plan to make good those deficits. I can't speak of others, but I found this approach extremely useful. I tend to allow myself to become unbalanced, so a gentle nudge to find a bit of balance does me no harm.
The book is an early stage access point into the author's sales funnel. However, I am sufficiently interested to jump down that rabbit hole to see where it goes. I think that the general appeal of the book would be to those whose lives are not quite firing the way they would like them to. It encourages introspection and self-developed corrective action. I haven't found any pat solutions yet, which encourages me. It is more like a tool for self-discovery, which sits well with me. As I said, I quite liked the book.
I was given this book for free during the corona crisis. Thank you!
It is a guide in how to react to the “Three Es”: “1. an economy that must expand, connected to 2. an energy system that cannot expand, all wrapped up in 3. an environment that is both being depleted of resources and saturated with pollutants. The inescapable conclusion to all this? Things are going to change. Big time.”
All this is explained in the The Crash Course on Youtube. You should definitely watch that before reading the book. Or just watch the Course and skip the book.
In spite of the subject the book is a light read as it is sprinkled with personal anecdotes. I specially liked the one about the author buying this first load of survival food. I also liked the way he distance himself from preppers. (Wow, my spellchecker don’t even know about “preppers”). I see the point in being preppared, but devoting my life to eating old canned food - no thanks.
Especially insigthfull was the distinction between preparing and hoarding. Just before the corona crisis really started, we had a bit of a discussion at home. I wanted to go shopping for food at the time it was obvious to me that a crisis was coming, but before it was to the rest of the country. (Partly thanks to Chris Martenson corona updates on Youtube). Members of my family called that hoarding. I tried to argue that the more people who bought more food now, the less the shopping spike will be when the crisis suddenly become obvious to all. And if other people saw me buying four large flour packs and was inspired that would be a good thing.
Chris Martenson way of explaining it: “ we see them [people preparing] as being selfless. Those who are not prepared when an emergency strikes are a drain on critical resources, while those who are prepared can be of assistance. To be among those who can be in a position to render assistance, or at least need none of their own, means that your prior acts of preparation have selflessly removed you from the minus column and placed you on the plus side.”
I've been following the author's Youtube site since the early days of the pandemic and have found him to be the most factually accurate source of information available. So I got the book which is actually from his "day job" in teaching people to be self sufficient and resilient in any world situation. I've shared this book with others that I believe can benefit as well. Although written in 2015 it's forecasts and and statistical analyses are spot on. I'm not one to take a "prepper" mentality seriously, and this is not that. I find myself wishing I was learning this material in my 40's and not my 60's, but still has me thinking I might start it over and read it again.
I enjoyed perusing the PeakProsperity.com website, so I thought it would be good to see what they had to say in their book. It is a good overview of some of the hardships that our country faces as Peak Oil becomes more of a drain on the economy and culture. I like the authors' positive perspective, and their emphasis on helping people prepare for the coming emergency. The book is a good overview, but for more specifics you really need to go to their website.
This is filled with very helpful points to assess your level of preparedness. I appreciate the specificity and encouragement the authors give to people who feel overwhelmed with all that should be done. One drawback is that the authors have obviously been indoctrinated thoroughly with the green agenda and how oil is the enemy. So, if you can get past that propaganda, it is a very helpful book.
Great book from in my opinion the only person (Martenson) that perfectly anticipated the evolution of the coronavirus through his youtubechannel. Tremendous effort.
Less helpful than it could have been. Imho, it breezes over the important how-to questions it was said to answer, and then refers the reader to websites whose URLs have since been changed.
Explaining that a mounting crisis exists, the authors predict that "the destructive status quo will continue…until the time when it simply can’t. When that moment abruptly arrives, our way of life will break." Environmental systems are already collapsing. (They recognize climate change but don't emphasize it.) The economy will "collapse completely" if it cannot continue expanding, or if the energy production upon which our economy is built will shrink--which appears to be approaching soon. And yet the authors claim there are "types of constructive narratives that we should be guiding ourselves by, as a society and as individuals, if we want to avoid collapse and instead create a future worth inheriting." So "collapse" is left ambiguous--can we really avoid it, especially since they do not advocate any sort of political action?
The authors recommend that we each reduce our vulnerability by building resilience. "It’s time for action. To safeguard your future. To leave a better tomorrow to those you care about. To live more authentically and, most important, to find greater happiness." They want us to reduce anxiety ("You know you are unprepared on some level, and that will eat at you, day in and day out ...") through personal action, and to become "substantially better positioned to persevere through adversity".
Almost all the attention is given to individual actions, with some lip service paid to building community: "given the same stresses, some communities will fare better than others—depending, in part, on the level of resilience of their respective populations. If having a resilient community is important to you, the most important step you can take is making your own house resilient."
The authors fill most of the book with a wide range of sensible recommendations for living better in these difficult times, when "Given the warning signs it's obvious that the next 20 years are going to be completely unlike the last 20 years." As part of building resilience, they recognize the need for relinquishment of some things, beliefs, expectations, and behaviors, and the need for restoration of some former functionality (particularly in homesteads) and ways of living together. Ethics, on the other hand, are barely touched upon.
The intended audience of the book is people fortunate enough to currently be surviving fairly well, who already have an idea that the world is going terribly wrong. Readers who seek greater understanding of the predicaments we face may gain a useful perspective , but the book will mostly be appreciated by readers seeking a personal orientation and advice on how to weather the storms and "inhabit a future filled with prosperity and abundance."
Much is said about our predicament of hitting the limits to growth and unsustainable modern lifestyles, the degradation of our living support systems and the threat of imminent global collapse of industrial civilization, but few have proffered concrete advice as to how to adapt and face this future. The founders of peakprosperity.com have published exactly such a book. Though it is but a framework for action it achieves its goal of being a starting point or launching pad for further research into what one can do to prepare for the inevitable.
Starting with a summary of their core thesis of why the world as we know it will likely rapidly dissolve into a simpler one as the 3 'E's of Energy, Economy and Environment all run into limits within the next decades, the book then tells how we should move away from the idea of financial wealth as sole protection into other diverse sources of true capital like having a healthy mind and body, obtaining tangible real assets such as productive land and building beneficial relationships with our community. Web links to more in depth discussions of specific topics are interspersed throughout and further resources are listed at the end. Do not expect a detailed elaboration of how to build a functioning homestead or what emergency supplies to stock up on. Instead there is a chapter relating examples of how people have transited into more resilient lives in various parts of the U.S. that provides some inspiration.
All in, Prosper! is a highly readable book that sums up the predicament of our times and offers encouragement for us to start building a more resilient and healthier way of life today.
Anyone who cares about their future or the future of their loved ones, MUST read this book. Chris and Adam do something that economists, scientists, and policymakers fail to do. In their first book, The Crash Course, they connect the dots between the economy, energy, and the environment. In Prosper, they delve into the solutions.
If you're expecting that they'll tell you exactly what to do to make a truckload of money, you'll be disappointed. You should buy one of the many books touting some Wall Street secret formula. If you actually want the truth, Prosper is the book for you. I wish this book was out ten years ago when I started on my personal journey towards resilience and sustainability. It would have saved me money, yes, but more importantly time.
The lifestyle they are advocating is brilliant. There are excellent alternative investment ideas that you'll never hear from a financial adviser. And these investments are safer and many of them will yield guaranteed results. But it's not just about monetary wealth. They delve into the eight forms of capital you need to truly Prosper! They tell you what they are and how to go about obtaining them. To Prosper! is not as simple as pushing the buy button on Etrade, it requires that you do some work. That work you do is rewarding, regenerative, confidence-building, and often fun. Living a self-sufficient life is about taking care of yourself and your family. Prosper! provides the road map.
Interesting hypothesis about the world in which we live and its consequences (consequences of our living that is). Something really BAD is going to happen in the next 1 to 50 years and we need to prepare. The three E's - Energy, Efficiency and Environment. All are under stress to varying degrees and the ultimate storm is inevitable. Now, I hate to be cynical but has this not been the case forever? "Peak Oil" doesn't resonate nearly as much as it did ten years ago, which is not to say that it has been made redundant. The environment is going through dramatic changes...as it has before. The economy is on track for implosion...as has happened in the past. Per the authors, all three are apt to implode concurrently. Or so it seems. So...stock up on food (never a bad idea given the vagaries of Mother Nature alone); hedge your finances (use a trusted finance adviser); add redundancy to your life support systems such as solar PV and Thermal; learn to grow things and get involved in your community. Radical notions of which some have been the mainstay of sensible thought since time immemorial. This is not rocket science folks but takes a degree of discipline and the authors provide a support network for those in need. Just don't let it control your life!
A book about rational prepping in the wake of more turbulent times. If you are not familiar with Martenson and Peak Prosperity, you should probably watch his Crash Course instead, since this book aims at people who already subscribe to Martensons views, and want practical ideas for how to prepare for it. In a sense, the book is preaching to the choir.
I found the framework of "8 forms of capital" highly useful, and broadened my view of what steps needs to be taken to be more resilient.
- Material Capital - Financial Capital - Living Capital - Experential Capital
are perhaps the most discussed capitals that are discussed in terms of preparaption. Less intuitive, but probably as important, are:
- Cultural Capital - Spiritual Capital - Intellectual - Social capital
The book mostly goes into details on these forms of capital, and does (wisely) not get too specific, but should leave the reader with plenty of ideas to apply to their own life. Martenson does not get tempted to give easy answers to complex decisions.
Great book by some very level-headed guys. Recommended.
This book was nothing like what I thought it would be. I thought I was picking up a book on the economics of our time with some guidance about what might be wise and prudent to do. Instead, I found a great little guide about all aspects of preparedness and resilience. I felt inspired to start where I am in several areas of my life. There is quite a section on financial resiliency, but the authors also cover health, emotions, spirituality, material preparedness, producing food, homesteading, water, etc. I had never heard of the website the authors run, but have since found it very interesting and helpful. I appreciate the reference to podcast episodes that augment the text. One thing that could have been better is the copy editing of the text. There were many mistakes, typos, and missing words. These things made it seem less professional and obvious that it was self-published by their company. However, the authors have inspired me to look into this subject further, and to start now in the small ways I can at this time.
I have been reading on economic aspects of where we find ourselves today for the past 7 years. Prosper is a practical holistic guide to dealing with our changing future. It's written gently and is hard to put down. You won't read it and forget it. It's a resource. (I couldn't find a hard copy on my way out of the country, so got the online version which I recommend because of the convenience of accessing numerous supporting documents). I would recommend reading Proverbs along with it. It could be overwhelmingly, but it could be life-changing.
I had to skim several parts of this book because I found the information to be a partial rehash of what is presented in "The Crash Course". In short, whereas "The Crash Course" presented macroeconomic information from a novel perspective that I found very valuable and insightful, I didn't find anything particularly groundbreaking in this book other than their model of labeling 8 different types of "capital". Even those sometimes seemed a little awkward and thrown together. I think their podcast and "The Crash Course" probably hold more value if you're thinking about investing some free time.
Another excellent offering from Chris Martenson and Adam Taggart. These authors specialize in presenting hard to "get" information so that it sinks in. I find their work both visionary and quite practical and read just about everything they write. If you want a non-hysterical, well-researched tour of the challenges our global civilization is facing, start here. Be ready to let your worldview shape-shift a few times on you! It can be a wild ride!
It's an interesting combination of prepper/permaculturist/economist and takes some of the best thinking from each field. What I really liked about the book was that it discussed the ways to develop all kinds of capital wealth, not only financial capital but social, physical, and mental capital as well. It would be a great addition to your library if you are interested in thriving in our uncertain future.
This book is a follow up to the Crash Course (which I loved). It basically explains the different type of resilience capital and how to build and manage them in order to prepare yourself for an uncertain future: financial capital, living capital, material capital, knowledge capital, emotional capital, social capital, cultural capital and time capital.
Not your usual prepper fearmongering. This book makes suggestions for overall life improvement that can benefit anyone. Real examples simplify the concepts.