Who Killed Economic Growth?

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Excerpted from: http://www.endofgrowth.com
Richard Heinberg propose 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.

** Please understand that we fit all we could into a five minute video. Yes, there are many issues and nuances left out. You'll find most addressed in the book from which this material was excerpted: http://www.endofgrowth.com***

"Why have mainstream economists ignored environmental limits for so long? If Heinberg is right, they will have much explaining to do." -- LESTER BROWN, Founder Earth Policy Institute

"Heinberg shows how peak oil, peak water, peak food, etc. lead not only to the end of growth, but to the beginning of a new era of progress without growth." -- HERMAN E. DALY, Professor Emeritus, School of Public Policy, University of Maryland

"By the time you finish Heinberg's book, you will have 2 conclusions: This is the end of economic growth and it is our problem, not our childrens'. It's time to get ready. This book is the place to start." --PAUL GILDING -- Former head of Greenpeace International

"Richard has rung the bell on the limits to growth. Our shift from quantity of consumption to quality of life is the great challenge of our generation. Frightening...but ultimately freeing." --JOHN FULLERTON - President and Founder, Capital Institute

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ANIMATION:
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TRANSLATIONS:

TURKISH: http://dotsub.com/view/7cc25150-ac01-47c9-a5de-b3acc731fb30 (select from menu)

SPANISH: http://dotsub.com/view/7cc25150-ac01-47c9-a5de-b3acc731fb30 (select from menu)

ITALIAN: http://dotsub.com/view/7cc25150-ac01-47c9-a5de-b3acc731fb30 (select from menu) - thanks to Cristiano Bottone

FRENCH: http://www.youtube.com/watch?v=VSwT4fGqWbQ

RUSSIAN: http://bit.ly/yoo4oB

POLISH: http://www.universalsubtitles.org/en/videos/lJTU148loy3F/pl/247929/

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[Ilikemustard]

@4aSteadyStateEconomy

We already have substitutes for fossil fuels, they're just more expensive right now due to the abundance of oil.

What's your point, again?

[hitssquad]

@Analthaabe "you referred to Karl Marx"

Quote me.

[4aSteadyStateEconomy]

@Ilikemustard, you're ignoring the SCALE and mobility that oil provides, especially for transportation. Nothing else matches its versatility. Studies have been done on this, including the depressing conclusion that we'd have to rape the landscape with 3.8 million large wind turbines as part of a renewable energy plan to replace oil.

I think solar panels belong on every rooftop possible, but the economy should also scale down. A finite planet shouldn't be asked to accommodate endless growth.

[jpg8700]

@nistyboy32 all those methods you listed are intermittent sources of energy (i.e. no sun = no energy, no wind = no energy). Even if they were constant, industrial civilization cannot exist on 1/4 the energy those technologies produce. If there's any 'bogey man' out there controlling everything, it's you and everyone who deflects the problem away from themselves and onto an uncontrollable force. look in the mirror; we are all in this shit together.

[Ilikemustard]

@nistyboy32

None of those are cheaper than fossil fuels at this point in time.

[nistyboy32]

@Ilikemustard Duuuuuuuuuuuuude lol There are readily renewable energies that could be implemented tomorrow for so much cheaper than fossil fuels. Solar, Wind, Tidal, Wave, Geothermal just to name a few. The problem with that is that because they're so cheap and so abundant it would consequently threaten the monopolistic oil and energy giants who control the entire industry. They lobby like psychopaths to make sure that they maintain dominion. Waky fuckin Waky watch?v=pXjEfusGnIM

[Ilikemustard]

@SEThatered

Who said anything about debt?

[SEThatered]

@Ilikemustard

So until we hit the wall of oil scarcity we can further sink in the debt?

Then where will the money for that debt come from?

It is like taking a bigger credit card to cover for your previous credit card...