The End of Growth: Adapting to Our New Economic Reality
| Author | : | |
| Rating | : | 4.43 (588 Votes) |
| Asin | : | B006RCYV2I |
| Format Type | : | |
| Number of Pages | : | 130 Pages |
| Publish Date | : | 2014-10-18 |
| Language | : | English |
DESCRIPTION:
. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors: Resource depletion Environmental impacts Crushing levels of debt These converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits. Richard Heinberg's latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP. The End of Growth describes what policy makers, communities, and families can do to build a new economy that operates within Earth's budget of energy and resources. Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits
Good questions but incomplete answers This book reminds me that in 1968, Paul Ehrlich published "the Population Bomb," which predicted declining living standards (and even widespread starvation) due to exponential population growth. Shortly thereafter, Meadows, Meadows and Randers published "Lim. Serious food for thought I am going to take Richard serious and prepare for a 1 to 2% growth rate in America. As an MBA, I never did buy all the propaganda thrown at me in the program. I buy some of the premise of the correlation between cheap oil and other cheap resouces with super. Reading this book in 2013 -has been revealing. Some of Heinbergs assertions have been borne out.Five years after the crash of 2008, the global economy is still struggling in fits and starts. While a recovery of sorts has been underway in the US and UK, it has been mostly jobless. Une