Endless “Sustainable” Growth is an Oxymoron
This article was originally published on Common Edge
This article was originally published on Common Edge
In a Common Edge article, I briefly discussed a concept that I call the “Triple Bottom Lie,” which posits that more people, plus more consumption by each person, plus an economic system completely dependent on the aforementioned items, can just keep working forever, without consequences. Historically, the United States has accepted the economic shibboleth of endless growth because it reduced class conflict; a rising tide (supposedly) lifted all boats, rafts and yachts included. We are, however, approaching the limits of growth, from both a resource standpoint (we’re running out of raw materials) and a technological standpoint (our inventions are progressively less revolutionary).