{"id":58617,"date":"2021-07-15T07:17:49","date_gmt":"2021-07-15T12:17:49","guid":{"rendered":"https:\/\/olduvai.ca\/?p=58617"},"modified":"2021-07-15T07:17:49","modified_gmt":"2021-07-15T12:17:49","slug":"mit-predicted-in-1972-that-society-will-collapse-this-century-new-research-shows-were-on-schedule","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=58617","title":{"rendered":"MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We\u2019re on Schedule."},"content":{"rendered":"
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MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We\u2019re on Schedule.<\/a><\/h3>\n<\/div>\n
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A 1972 MIT study predicted that rapid economic growth would lead to societal collapse in the mid 21st century. A new paper shows we\u2019re unfortunately right on schedule.<\/strong><\/div>\n<\/div>\n<\/div>\n
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\"GettyImages-1189106363\"<\/picture><\/div>\n
IMAGE:\u00a0GETTY<\/div>\n<\/div>\n
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A remarkable new study by a director at one of the largest accounting firms in the world has found that a famous, decades-old warning from MIT about the risk of industrial civilization collapsing appears to be accurate based on new empirical data.<\/p>\n

As the world looks forward to a rebound in economic growth following the devastation wrought by the pandemic, the research raises urgent questions about the risks of attempting to simply return to the pre-pandemic \u2018normal.\u2019<\/p>\n

In 1972, a team of MIT scientists got together to study the risks of civilizational collapse. Their\u00a0system dynamics model<\/a>\u00a0published by the Club of Rome identified impending \u2018limits to growth\u2019 (LtG) that meant industrial civilization was on track to collapse sometime within the 21st century, due to overexploitation of planetary resources.<\/p>\n

The controversial MIT analysis generated heated debate, and was widely derided at the time by pundits who misrepresented its findings and methods. But the analysis has now received stunning vindication from a study written by a senior director at professional services giant KPMG, one of the ‘Big Four’ accounting firms as measured by global revenue.<\/p>\n

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Limits to growth<\/strong><\/p>\n<\/div>\n

The study was published in the\u00a0Yale Journal of Industrial Ecology<\/em>\u00a0in November 2020 and is available\u00a0on the KPMG website<\/a>. It concludes that the current business-as-usual trajectory of global civilization is heading toward the terminal decline of economic growth within the coming decade\u2014and at worst, could trigger societal collapse by around 2040.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

MIT Predicted in 1972 That Society Will Collapse This Century. New Research Shows We\u2019re on Schedule. A 1972 MIT study predicted that rapid economic growth would lead to societal collapse in the mid 21st century. A new paper shows we\u2019re unfortunately right on schedule. IMAGE:\u00a0GETTY A remarkable new study by a director at one of […]<\/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":[31450,485,2092,27227],"class_list":["post-58617","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-environment","category-survival-2","tag-gaya-herrington","tag-limits-to-growth","tag-nafeez-ahmed","tag-vice-com"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/58617","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=58617"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/58617\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}