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Tue Jun 3, 2014, 05:38 AM

"The Impossibility of Growth Demands a New Economic System"

by George Monibot:
Economic growth is an artefact of the use of fossil fuels. Before large amounts of coal were extracted, every upswing in industrial production would be met with a downswing in agricultural production, as the charcoal or horse power required by industry reduced the land available for growing food. Every prior industrial revolution collapsed, as growth could not be sustained(3). But coal broke this cycle and enabled for a few hundred years the phenomenon we now call sustained growth.

It was neither capitalism nor communism that made possible the progress and the pathologies (total war, the unprecedented concentration of global wealth, planetary destruction) of the modern age. It was coal, followed by oil and gas. The meta-trend, the mother narrative, is carbon-fuelled expansion. Our ideologies are mere subplots. Now, as the most accessible reserves have been exhausted, we must ransack the hidden corners of the planet to sustain our impossible proposition.


http://www.commondreams.org/view/2014/05/28-0

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Reply "The Impossibility of Growth Demands a New Economic System" (Original post)
ellenrr Jun 2014 OP
GliderGuider Jun 2014 #1
Leme Jun 2014 #2

Response to ellenrr (Original post)

Tue Jun 3, 2014, 12:57 PM

1. One of Monbiot's best pieces, IMO. nt

 

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Response to ellenrr (Original post)

Tue Jun 3, 2014, 01:06 PM

2. does that hydrogen to formic acid and back adjust this thinking ?

 

saw a thread here, can't find it was to fratine or some scientific name
- changed hydrogen to useable fuel... then back again

edit: found link

http://www.democraticunderground.com/?com=view_post&forum=1127&pid=70239

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