As Economic Growth Fails, How Do We Live?
Part II: Out With The Old
Image: Wikimedia Commons (PD)
by Craig Severance
December 22, 2011
There is a growing consensus the world economy is in a lot more trouble than politicians and media talking heads are letting on. The four major headwinds to growth were covered in Part I of these three articles, and there dubbed "The Four Horsemen of the Economic Apocalype":
1. Too Much Debt
2. Resource Limits
3. Destruction and Decay of Infrastructure
That article was a brief summary of the extreme challenges we now face. These next two articles are an attempt to move beyond this understanding of what has gone wrong, to develop a sense of what we can do now, as individuals and as a society.
We cannot "set things right" in the sense of restoring things to the way they once were, but we must begin now to adapt to the new realities if we are to reduce suffering and continue an advanced culture. Today's article, "Out With the Old", will discuss the end to seven unsustainable practices. In the next and final article in this series, "In With the New" will discuss new ways of living we can adopt as economic growth fails.
Out With The Old -- Seven Outcomes as Economic Growth Fails:
Before we allow our society to sink into a chaos of devastation and deprivation, there are many wasteful, or otherwise doomed, practices that will end. The "Out With the Old" list is not a proposed agenda for politicians to adopt. They are too committed to the existing order to voluntarily make these changes. Rather, the end of these practices will come (and much of this is already happening) as pragmatic realities sink in. They are unsustainable Dead Ends, so they will not be sustained:
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