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Our economic growth system is reaching limits in a strange way

Our economic growth system is reaching limits in a strange way Economic growth never seems to be as high as those making forecasts would like it to be. This is a record of recent forecasts by the International Monetary Fund: Figure 1. World GDP Forecasts by the International Monetary Fund. Figure 2 shows world economic growth […]

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The “Limits to Growth” was right: Italy’s population starts declining.

The “Limits to Growth” was right: Italy’s population starts declining. The “base case” scenario described in the 2004 edition of “The Limits to Growth”, an update of the original study sponsored by the Club of Rome and published in 1972. Note how the world’s population is supposed to start declining some years after the peaking […]

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Why Globalization Reaches Limits

Why Globalization Reaches Limits We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely. Figure 1. Ratio of Imported Goods and Services to GDP. Based in FRED data for IMPGS. Each time imported goods and services start to surge as a percentage of […]

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A Market Collapse Is On The Horizon

A Market Collapse Is On The Horizon What is ahead for 2016? Most people don’t realize how tightly the following are linked: 1. Growth in debt 2. Growth in the economy 3. Growth in cheap-to-extract energy supplies 4. Inflation in the cost of producing commodities 5. Growth in asset prices, such as the price of […]

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2016: Oil Limits and the End of the Debt Supercycle

2016: Oil Limits and the End of the Debt Supercycle What is ahead for 2016? Most people don’t realize how tightly the following are linked: Growth in debt Growth in the economy Growth in cheap-to-extract energy supplies Inflation in the cost of producing commodities Growth in asset prices, such as the price of shares of stock […]

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Nicole Foss presents: Challenge and Choices

Nicole Foss presents: Challenge and Choices Nicole Foss: After more than 30 years of exponential growth, gargantuan resource demand and increasingly frenetic consumption, we have now reached, or are reaching, an array of limits to growth. During our long, debt-fuelled boom, we reached out spatially through globalisation to monetise as much global production as possible, in […]

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The Left should embrace degrowth

The Left should embrace degrowth Only if we stop the cycle of endless growth will our planet prosper, argue Degrowthers. Jenny Downing under a Creative Commons Licence Degrowth is a frontal attack on the ideology of economic growth. Some call it a critique: a slogan or a ‘missile word’. Others talk of the ‘theory of’ – or the ‘literature […]

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He’s told us not to blow it

He’s told us not to blow it Hopefully you’ve seen the recent movie, The Martian, a film directed by Ridley Scott and adapted from the online book by Andy Weir. If you have not seen the movie or read the book, both of which I highly recommend, there will be some spoilers for the movie in this […]

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Appropriate Scarcity

Appropriate Scarcity   … appealing to people to restrain themselves [by] self-enforced abstinence alone is a waste of time. By and large, we consume as much as our incomes allow…. changes… cannot take place without constraints that apply to everyone rather than everyone else. Manmade global warming cannot be restrained unless we persuade the government […]

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The Club of Rome, almost half a century later

The Club of Rome, almost half a century later The Club of Rome held its general assembly in Winterthur, Switzerland, on Oct 16-17 2015. In the image, you can see Ugo Bardi (center) together with the co-presidents of the Club, Anders Wijkman (right in the photo) and Ernst Von Weizsacker (left in the photo). Almost half […]

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Our Electricity Problem: Getting the Diagnosis Correct

Our Electricity Problem: Getting the Diagnosis Correct What is really wrong with our energy system, particularly as it relates to electricity and natural gas? Are there any mitigations available? I have been asked to give a talk at an Electricity/Natural Gas conference that includes both producers and industrial users of electricity and natural gas. In this […]

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My Interview with Graham Turner on ‘Limits to Growth’

My Interview with Graham Turner on ‘Limits to Growth’ Below is the next instalment of the interview series Jordan Osmond and I are releasing as part of the crowd-fundingcampaign for our documentary, A Simpler Way: Crisis as Opportunity. Thank you to all the generous souls who have helped us reach our first goal in 18 days! For […]

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A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments.

A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments. On her blog, “Our Finite World”, Gail Tverberg outlines the likely prognosis for humanity, and our best possible choices, as we run up against the Limits of Growthhttp://ourfiniteworld.com/2014/02/17/reaching-limits-to-growth-what-should-our-response-be/ The case she unveils is, to say the least of it, sobering, but I am reminded of an […]

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Say Goodbye to Normal

Say Goodbye to Normal The tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis — regular wavelike workings of eternal progress toward an epic more of everything, especially profits! You can forget the supposedly “normal” cycles of the techno-industrial arrangement, which means, in […]

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The Limits to Growth in the Soviet Union and in Russia: the story of a failure

The Limits to Growth in the Soviet Union and in Russia: the story of a failure Above, you can see the full recording of a 2012 lecture given in Moscow by Dennis Meadows; one of the authors of “The Limits to Growth” report of 1972. It is long, more than an hour, but – if […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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