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The Impossible Hamster : Limits to Economic Growth

Here’s a cool new video by the New Economic Foundation (NEF) to highlight the limits to economic growth that come from thinking that “exponential” acceleration can continue forever.

 
According to the NEF website,

the impossible hamsterFour years on from NEF’s Growth isn’t Working (report), this new report goes one step further and tests that thesis in detail in the context of climate change and energy. It argues that indefinite global economic growth is unsustainable. Just as the laws of thermodynamics constrain the maximum efficiency of a heat engine, economic growth is constrained by the finite nature of our planet’s natural resources (biocapacity).”

Download the report from the NEF “Growth isn’t working : We need a new economic directionhere.

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Posted by on Feb 19 2010. Filed under Growth/Sustainable Development, Sustainable Development, Sustainable Growth/Development. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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