Skip to main content

Infinite growth in a finite world?

I really don't understand economics. If I try and think about it for any length of time my brain starts to hurt. (Despite watching Stephanie Flanders' series on Marx, Keynes and...erm...the other one).

But what I really, really don't get is why everyone seems to expect growth to continue forever. Given that we live in a finite world with finite resources (other than the sun's energy, which whilst technically finite, is probably beyond the power of humans to use up. Probably.) it doens't make sense that everything can continue upward, if growth relies on us consumers consuming more.
Apparently, we are already using 1.5 Earths worth of resources- using resources faster than they can be  replaced. (  )How is this sustainable?!

And 'the news' tells me that people might have a to face the fact that their standard of living is not better than the standard of living of their parents. I'm pretty sure that I can cope with having the same standard of living as my parents- house, food, water, healthcare, enough spare money for some leisure activities. Why do we have to feel that we can afford more or better stuff than the previous  generation?! Or is this just the noooos telling me things that people are not really thinking?

In case this is getting too serious, here is a gratuitous cat picture:

This is the Merl. He is both serious and solemn. He probably understands economics too.


Post a comment

Popular posts from this blog

2014 aims and review of 2013 aims

After all of the Christmas feasting (the fridge is still full of cheese, and sprouts that didn't get cooked), and despite the first cold of the winter, I am feeling the urge to get cracking with some projects, and finish up all of those little lingering jobs that I've been putting off. One of those is to work out what I am aiming to achieve this year...and this is what I have come up with: - complete first module of C&G knitting course and start second. Save enough money to pay the course fees for the whole course. - donate 2% (minimum) of earnings to charity. I am planning to donate at the end of each month, and to donate to a variety of causes, local, international, animals, people, conservation- hopefully a wide variety. - read down the house- I'd like to read 12 books this year, which would leave quite a few books unread. But it'd be nice to establish the habit of reading again. - reduce stash of knitting yarn from just under 40,000 metres to under 30,000 m

Book review: A History of Bury St Edmunds by Frank Meeres

  This is a book that I will be keeping, as I am sure that I have not absorbed all of the information in one reading! As this is my home town, I found that I often stopped reading to look on a map to find the places which the book was referring to. I'm not sure that this book would be highly interesting to anyone with no connection to Bury; and I did notice that the author was amusingly defensive of the town (which was described as 'dull' in the nineteenth century) and also mildly disapproving of some modern development. The writing style was fairly engaging- although I might not be the best person to judge this, as my idea of 'readable' has probably been heavily skewed by some incredibly unreadable books during my history degree! One of my favourite books so far, as I will be able to wander around Bury feeling much more well informed about its history, and perhaps actually understand the origins of some of the place and road names.

Belated round-up

Having just re-read my 2014 aims post , and noticed that I intended to write a monthly round up of my progress, I thought it was about time for, err, a three-and-a-half monthly progress summary! - C&G knitting course- I have made slow progress on this- although slow is better than none! I have at least written out a giant list of what I need to do to finish the module so that I can have the satisfaction of ticking things off said list. I've knitted a few more samples and written up the notes on them. I think I need to focus more on this aim, if I am to actually finish the module this year. I seem to have a bit of mental block about it though, and I am not sure why. - donate 2% of earnings to charity. I have been doing this, although more by sponsoring people for the London Marathon and joining the National Trust than by picking a charity each month and donating to it, which is what I originally envisaged. I am wondering if donating less often, say every six months, would b