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‘Degrowth’ economics may be inevitable  

The excessive volume and speed with which resources are extracted and wastes generated will likely cause earth’s ecology to collapse

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The direct cause of the global biosphere disruption remains the excessive volume and speed with which resources are extracted and wastes returned to the environment

The direct cause of the global biosphere disruption remains the excessive volume and speed with which resources are extracted and wastes returned to the environment.

PHOTO: REUTERS

Mike Joy

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You may not have noticed, but on Aug 2, we passed

Earth Overshoot Day,

when humanity’s demands for ecological resources and services exceeded what our planet can regenerate annually.

Many economists criticising the developing degrowth movement fail to appreciate

this critical point of earth’s biophysical limits.

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