Richard Heinberg - The End of Growth (Festival of Dangerous Ideas)

Our economy is based on a model of constant growth - growth in production, growth in consumption, and growth in population. Economic growth has provided rising standards of living in the West, and has seen millions in China and India lifted out of poverty. But this model was disrupted in many countries by the global financial crisis. Will things settle down with growth resuming, or will our economies bump up against a wall of finite resources? And if they do, what will this mean the global balance of power?Richard Heinberg is an American journalist, educator, and author of 10 books, including 'The End of Growth.' Hosted on Acast. See acast.com/privacy for more information.