17 January, 2015

A difficulty predicted 40 years ago, but ignored


Herman Daly warned of this difficulty decades ago.

Herman Daly wrote
about our need for a
 Steady State Economy
back in the 1970s.
The American ecological economist and professor at the School of Public Policy of University of Maryland in the United States and former Senior Economist in the Environment Department of the World Bank understood the difficulties brought on by unlimited growth.

Daly, who warned of pushing the earth too far, was one of the prime movers in narrative about the need for a Steady State Economy – an idea that was about sustainability, but one that has largely been ignored.

Subsequently, a combination of ignorance and arrogance about the need for sustainability and our insistence on endless growth has brought the conclusion predicted by Daly.


“At the rate things are going, the Earth in the coming decades could cease to be a "safe operating space" for human beings,” The Age reports.

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