Limits to Growth was right about collapse
a year ago
- #Limits to Growth
- #Sustainability
- #Economic Collapse
- Investment writer Joachim Klement discusses 'The Limits to Growth' in his newsletter, highlighting its relevance today.
- The original 'Limits to Growth' model from MIT predicted three scenarios: business as usual, technologically enhanced growth, and a sustainable world.
- Recent recalibration of the World3 model shows outcomes similar to the original 'standard run', predicting industrial output decline in the 2020s and population decline in the 2030s.
- Updated research confirms the original model's accuracy, with food production peaking now and persistent pollution increasing long-term.
- The recalibrated model suggests human development may peak now, with global quality of life declining to 1900 levels by the century's end.
- Resource depletion, not pollution, is identified as the main cause of the predicted collapse between 2024 and 2030.
- The article emphasizes that degrowth is inevitable, questioning whether it will be managed or forced upon society.