Archives for

growth

The economy – is stupid!

by Lothar Luken. Just had a crash, wrote off two cars. Now where's my medal for stimulating the economy? Two replacement cars have been bought; one driver seen by a doctor; an assessor coming to inspect the wreckage; state keeps motor tax for the old cars; insurance (UK-based!) pays scrapper for wreck crushing. Nice stimulus package - according to official theory.

Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production – An Outline Review

The report Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production, by David Korowicz of Feasta and the Risk/Resilience Network, is now available for download. The report argues that the defining dynamic of our civilisation is the withdrawal of energy from a complex and integrated system adapted only to growing. A managed “de-growth” is impossible; what is required is rapid emergency planning coupled with a plan for longer-term adaptation. …