Archive

Archive for February, 2009

Change

February 16, 2009 Leave a comment

“Imagine an industry that runs out of raw materials. Companies go bust, workers are laid off, families suffer, and associated organizations are thrown into turmoil. Eventually, governments are forced to take drastic action. Welcome to global banking, brought to its knees by the interruption of its lifeblood – the flow of cash.

In this case we seem to have been fortunate. In the nick of time, governments released cash that should with luck get cash circulating again. But what if they hadn’t been there? There are no reserves of fish, tropical hardwoods, fresh water or metals such as iridium, so what are they going to do when supplies of these vital materials dry up? We live on a planet with finite resources – that’s no surprise to anyone – so why do we have an economic system in which all that matters is growth? More growth means using more resources.

When the human population was counted in millions and resources were sparse, people could simply move to pastures new. But with 9 billion people expected by 2050, moving on is not an option. As politicians reconstruct the global economy, they should take heed. If we are to leave any kind of planet for our children we need an economic system that lets us live within our means.”

–Editorial in New Scientist magazine.

Advertisements