Thursday, January 29, 2009

It's Overconsumption, Stupid! (How Do You Say "Growth Is Cancer?")

Let's see .... How is economic growth like cancer? Think it will kill the host? Here's an article to pull out when people talk about getting us out of this fix by "stimulating the growth economy."

"Behind the decadence, greed and folly of financial institutions and those charged with regulating them is, in a word, overconsumption. In detail, our culturally coded pursuit of economic expansion has pushed us into The Bottleneck(2) of ecological limitations and dilemmas. Petroleum -- peak oil -- is the first major resource constraint; further, we have climate change, fresh water scarcity, dying oceans, species extinction, overpopulation, soil erosion, and other problems narrowing our options to align our economy with obdurate ecological realities."

No comments: