AN IMPORTANT video just released from the Post Carbon Institute asks us to accept the end of the growth as we know it:
Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. Richard Heinberg proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.
So what’s next? We must transition to a world that does not rely on endless growth.
What do you think? Are we reaching the end of growth?