29 Apr '11, 6pm

Why We Must Learn From The Biosphere To Build Green Economies

The root cause of our environmental problems--our ecological crisis--is infinite planet economic theory, the rules and axioms of a discipline that tells us that it is possible to have infinite economic growth on a finite planet. It sounds crazy, doesn't it? But neoclassical economists continue to believe this is possible because human ingenuity is a factor of production and, supposedly, it is infinitely powerful. You can get to that conclusion only if you ignore the laws of thermodynamics. Economic production is, at bottom and unalterably, a process that relies on physical inputs. No amount of human ingenuity will ever let us make something from nothing or nothing from something. No amount of ingenuity will let us create energy out of nothing or recycle it to use it again. In the real world outside of infinite planet theory, our acts and works are constrained by physical l...

Full article: http://www.treehugger.com/files/2011/04/why-we-must-learn...

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Why We Must Learn From The Biosphere To Build G...

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The root cause of our environmental problems--our ecological crisis--is infinite planet economic theory, the rules and axi...

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