The American Southwest is a bit parched at the moment. The region is in the midst of its 23rd consecutive year of drought, its longest and most extensive since 800 CE. The drought is so bad that California’s two largest reservoirs—Shasta Lake and Lake Oroville—reached critically low levels in March, when they should have been at their highest.
The southwestern USA (and Mexico) is not the only place facing water shortages.
By Josh Farley
Perhaps the main reason people reject the need for a steady state economy is some form of cornucopianism, the belief that technological progress will overcome all ecological and physical limits, allowing endless economic growth into the indefinite future. Cornucopianism has several flavors, and I will describe three: mainstream economics, eco-modernism, and singularity theory.
On our full-world planet, we face an urgent challenge to find strategic points in decision-making processes to encourage “right-sized” consumption.
How can we get a sustainable, fair, and efficient economy? Herman Daly breaks it down.
We can no longer afford to ignore the fundamental operating rules for the economy.
Herman Daly swims upstream like a salmon, fighting the flow of fallacious philosophy from growth economists — you won’t want to miss his final refrain on this one.