Clueless_Academic Posted December 8, 2011 Share Posted December 8, 2011 Has anyone seen this new book by Richard Heinberg which suggests that we may not recover from present 'slump' ?? The End of Growth by Richard Heinberg "While experts assure us that the economy is slowly emerging from recession, a growing camp of well-informed dissenters thinks not. The scant evidence of recovery, insists this group, is not an anomaly but the sign of a profound sea change. The End of Growth, one book unequivocally calls it, next to a cover image of a burst balloon and a pin. The book’s author, Richard Heinberg, makes his case by far the most eloquently and comprehensively—and though it may be a decidedly unwelcome one for those now struggling, that doesn't detract from its validity." A very interesting Video Presentation by Heinberg which introduces the topics of his book & shows (Hpc Members) the 'Bigger Picture' as to why economic growth is due to tail off : Some very interesting ideas presented....................... Quote Link to comment Share on other sites More sharing options...
Game_Over Posted December 8, 2011 Share Posted December 8, 2011 Has anyone seen this new book by Richard Heinberg which suggests that we may not recover from present 'slump' ?? The End of Growth by Richard Heinberg "While experts assure us that the economy is slowly emerging from recession, a growing camp of well-informed dissenters thinks not. The scant evidence of recovery, insists this group, is not an anomaly but the sign of a profound sea change. The End of Growth, one book unequivocally calls it, next to a cover image of a burst balloon and a pin. The book’s author, Richard Heinberg, makes his case by far the most eloquently and comprehensively—and though it may be a decidedly unwelcome one for those now struggling, that doesn't detract from its validity." A very interesting Video Presentation by Heinberg which introduces the topics of his book & shows (Hpc Members) the 'Bigger Picture' as to why economic growth is due to tail off : Some very interesting ideas presented....................... Well if we stop paying people to do nothing we might actually get some productive activity in our economy Quote Link to comment Share on other sites More sharing options...
_w_ Posted December 8, 2011 Share Posted December 8, 2011 Well if we stop paying people to do nothing we might actually get some productive activity in our economy Yep, and send all these lazy housewives who do nothing all day to work to make the country more productive. The nation just can't carry all this deadweight anymore, overpaid husbands will then be able to work for less and be more competitive. Too many bloodsuckers expecting other to work for them. Quote Link to comment Share on other sites More sharing options...
levoleurdefruits Posted December 8, 2011 Share Posted December 8, 2011 I hope global economic growth falls below zero permanently, and believe that we are now seeing this happen. I have not read around the subject but feel instinctively that the first seed of economic growth must necessarily be the exploitation of Earth's resources. Logically, either humanity continues on this path to extinction, or a fundamental change occurs. I'm an optimist and believe we are intelligent enough to handle this. Quote Link to comment Share on other sites More sharing options...
levoleurdefruits Posted December 8, 2011 Share Posted December 8, 2011 beer speaking though Quote Link to comment Share on other sites More sharing options...
(Blizzard) Posted December 9, 2011 Share Posted December 9, 2011 (edited) Well if we stop paying people to do nothing we might actually get some productive activity in our economy Yes. In fact we wouldn't even need growth if all economic surpluses weren't nicked by rent seekers. No matter how fast we run, the lunatic is still just behind us waiting to slash us with his chainsaw. So we have to keep running. Edited December 9, 2011 by (Blizzard) Quote Link to comment Share on other sites More sharing options...
all in vain Posted December 9, 2011 Share Posted December 9, 2011 Well if we stop paying people to do nothing we might actually get some productive activity in our economy I assume you are talking about the 1%? From 1979 to 2009, productivity rose by 80%, while the income of the bottom fifth fell by 4%. In roughly the same period, the income of the top 1% rose by 270%.Must be those people who are getting paid for doing nothing that you are refering to Quote Link to comment Share on other sites More sharing options...
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