Saturday, June 18, 2011

The triple crunch

Larry Elliot, economics editor at the Guardian, point out some key problems in economy, energy and ecology: three systems upon which human well-being and social stability depend. None are in particularly good shape at the moment, with potentially far worse on the horizon. Perhaps for the sake of space, he doesn't spend much time on the third one, and only mentions climate change, which is but one facet of our ecological woes. His four possible responses are schematic, and obviously, could incorporate a lot of variation within them. I think he is too pessimistic about the possibility of changing the wind on how we think about growth and things better than growth.