Thursday, 8 September 2011
The economic crash resulted from the limits to growth
Saral Sarkar is one of the few people to integrate successfully a full ecological perspective into thinking about the 2008 downturn. See his new book on this, here:
If you don't have time to read the whole book, then at least read the final two chapters. Basically, Sarkar argues that the current crisis of capitalism is a result of the limits to growth, and that it is going to be permanent... There will never again be a return to growth...
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I'd also recommend the few pages from p167 about how the concept of 'entropy' is useful in understanding certain fundamental natural truths. I remember grappling with this as a first year Physics undergraduate, and feeling that there was something mightily powerful here.
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