Friday, July 7, 2017

The Inevitability Of DeGrowth

The Inevitability Of DeGrowth

Even though we don't know precisely how the future will unfold, we know a few things about it.

Simply put, debt-dependent consumption in a world in which wages stagnate for the bottom 90% and energy costs increase as demand outstrips supply is a system with only one possible end-point: collapse.

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from Peak Prosperity

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