Why Growth Is Ending (the elevator pitch)

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October 24, 2012 by locu5amoenu5

See on Scoop.itDIY & “The Great Reskilling”

Ever wondered how to explain the converging crises we face to someone in hurry?

“By the 1980s, electrification and car-buying had reached a point of diminishing returns in the industrialized world. Since then, spectacular new technologies have led to minor rates of economic expansion. This suggests that rapid oil/electricity-based growth was a historic one-off. Will we see more new inventions? Of course. Will they result in a booming economy? Not necessarily.”

See on www.postcarbon.org

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