A finite planet cannot sustain infinite economic growth
Monday, October 16, 2017, 2:31 PM
Modern society is addicted to and engineered for perpetual economic growth.
Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today's central planners, despite multiplying evidence that growth is becoming harder and harder to come by.
This week's podcast guest is Professor Tim Jackson, sustainability advisor for the UK government, professor of sustainable development at the University of Surrey and Director of CUSP. Tim is also a full member of the Club of Rome.
He explains why the exponential growth rates of today's economies, and their associated rates of resource extraction/consumption, will not be able to continue for much longer -- and why a pursuit of "prosperity" (defined much more broadly than simple consumerism) is a much healthier goal for humanity.