Wed, 4 May 2011
2011 has brought with it many challenges to the global community, namely weather extremes pushing up record food prices, and political instability spiking oil prices. Until now our economy has been based on consumption and waste, where we lived beyond our means and the resources of the planet’s ecosystems. According to Paul Gilding we have come to the end of economic growth as we know it and now it is time for Economic Growth 2.0. Gilding paints a picture of the coming decades as ones filled with loss, suffering, conflict, geopolitical instability, food shortages and massive economic change. However, he believes all of this will bring out humanity’s best qualities; compassion, innovation and adaptability will carry us through these coming crises and make us a stronger and more advanced civilization.