Economics has failed us ... but there is life after growth!
Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to sink, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.
Richard Heinberg’s latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors:
Resource depletion Environmental impacts Crushing levels of debt
These converging limits will force us to re-evaluate cherished economic theories and to reinvent money and commerce.
The End of Growth describes what policy makers, communities, and families can do to build a new economy that operates within Earth’s budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding GDP.
Richard Heinberg is the author of nine previous books, including The Party's Over , Peak Everything , and Blackout . A senior fellow of the Post Carbon Institute, Heinberg is one of the world's foremost peak oil educators and an effective communicator of the urgent need to transition away from fossil fuels.
Customer ReviewsSee All
An invaluable resource
This book provides an excellent overview of the systemic causes of our global crisis, including arguments from both 'sides.' While providing realistic descriptions of our economic situation, the author also shows hope for humanity in the form of realistic suggestions for reforming our expectations of economic success for the sustainable future of our society.
A great read!
Breath of fresh air
It's nice to see an author shed some light on this taboo subject. Richard Heinburg is an expert at describing and providing a logical argument to a complicated subject. I think that everybody should read this book.