{"id":32756,"date":"2018-03-24T08:29:37","date_gmt":"2018-03-24T13:29:37","guid":{"rendered":"http:\/\/olduvai.ca\/?p=32756"},"modified":"2018-03-24T08:36:34","modified_gmt":"2018-03-24T13:36:34","slug":"our-economy-is-a-degenerative-system","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=32756","title":{"rendered":"Our Economy is a Degenerative System"},"content":{"rendered":"
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Our Economy is a Degenerative System<\/a><\/h3>\n<\/div>\n<\/header>\n<\/div>\n
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Impacts of resource hungry exploitative economies<\/strong><\/p>\n

\u201cWhat is 120 times the size of London? The answer: the land or ecological footprint required to supply London\u2019s needs.\u201d\u200a\u2014\u200aHerbert Giradet<\/i><\/p>\n

Our ecological footprint exceeds the Earth\u2019s capacity to regenerate.<\/i><\/b> A number of useful indicators and frameworks have been developed to measure the ecological impact that humanity and its dominant economic system with its patterns of production, consumption and waste-disposal are having on the planet and its ecosystems. The measure and methodology for ecological footprinting translates the resource use and the generation of waste of a given population (eg: community, city, or nation) into the common denominator of bio-productive land per person, measured in Global Hectares (Gha), that are needed to provide these resources and absorb those wastes.<\/p>\n

Much of the educational power of this tool is its capacity to compare between how much bio-productive land exists on the planet with how much bio-productive land would be needed to sustain current levels of consumption. In addition it also helps us to highlight the stark inequalities in ecological impact that exists between different countries.<\/p>\n

Source: Global Footprint Network<\/a><\/p>\n

Ecological Footprinting is basically an accounting tool that compares how much nature we have and how much nature we use. He are currently using about 50% more ecological resources than nature is regenerating naturally every year.<\/p>\n

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Source: Global Footprint Network<\/a><\/p>\n<\/div>\n

This point of spending more than is coming in every year\u200a\u2014\u200aor living of the capital rather than the interest\u200a\u2014\u200awas reached by humanity in the late-1960s. It is called Ecological Overshoot and every year since Earth Overshoot Day<\/a>\u200a\u2014\u200athe day when humanity as a whole has already used up the bio-productivity of Earth in that year\u200a\u2014\u200ais a little earlier. Here is a little video<\/a> (3:30 min.) to explain the concepts of ecological overshoot and footprint.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n

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Our Economy is a Degenerative System Impacts of resource hungry exploitative economies \u201cWhat is 120 times the size of London? The answer: the land or ecological footprint required to supply London\u2019s needs.\u201d\u200a\u2014\u200aHerbert Giradet Our ecological footprint exceeds the Earth\u2019s capacity to regenerate. A number of useful indicators and frameworks have been developed to measure the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3,4,7],"tags":[19445,19447,19441,2791,150,9885,19446,19448,19449,8077,19450,240,16601,1647,6988,19451,3197,4932,16674,19442,16603,19443,19444,16606,4931,4944,681,9630],"class_list":["post-32756","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-environment","category-survival-2","tag-daniel-wahl","tag-bioproductivity","tag-building-the-open-source","tag-circular-economy","tag-collapse","tag-commons-transition","tag-degenerative-system","tag-design-for-sustainability","tag-designing-regenerative-cultures","tag-earth-overshoot-day","tag-economic-design-dimension","tag-economic-growth","tag-ethical-economy","tag-finite-resources","tag-global-footprint-network","tag-living-planet-index","tag-overshoot","tag-overshoot-and-collapse","tag-p2p-action-items","tag-p2p-carework","tag-p2p-ecology","tag-p2p-localization","tag-p2p-rights","tag-p2p-solidarity","tag-planetary-boundaries","tag-regeneration","tag-resources","tag-schumacher-college"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32756"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32756\/revisions"}],"predecessor-version":[{"id":32757,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/32756\/revisions\/32757"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}