To mark the 50th anniversary of the publication of the landmark ‘Limits to Growth’ book, I contributed the below article to the Business Post. We are now precisely half way through the century modelled by the Club of Rome, and the conditions pointing towards the “sudden and uncontrollable decline” in industrial civilisation they projected to occur in the early to mid-21st century appear to be coalescing right on schedule. How could we have ignored such clear warnings? The answer may lie in the fantasy of infinite economic growth peddled by leading economists that has been accepted as not just rational, but inevitable, by governments around the world.
FIFTY YEARS ago this month, a book was published that caused a global firestorm of controversy. Titled “Limits to Growth” (LtG) it warned that the century from 1972 would, on current growth trends, see the world reach and then breach key boundaries. These included food production, natural resources, pollution and population. Continue reading