Planetary Boundarires - Part 3
In [ECO]NOMICS part 3, Professor Schor shows how human economic activity has exceeded the reproductive or sustainable capacity of the planet over the past half-century. Ecosystems have been worn down by deforestation, destruction of species, depletion of material reserves, and destabilization of the climate. Humans are destroying these ecosystems at a dizzying, unsustainable, and accelerating rate. Capitalism has certain features - most notably pressure to grow - that make a change of trajectory all but impossible in this context. Conventional economic policies are lured by the hope they can still maintain economic growth while simultaneously reducing carbon emissions. But Professor Schor shows how decoupling growth from emissions is a mirage. Wealthy countries cannot grow their way to sustainability. We need to enact structural changes and consider alternative approaches that reduce climate disruption and improve well-being.