The Planet Can’t Sustain Rapid Growth Much Longer

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The Planet Can’t Sustain Rapid Growth Much Longer
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WIRED spoke to economic data expert Gaya Herrington to find out what she thinks might happen if humanity continues to consume the world’s finite resources, how humankind can safeguard its future, and how we have a chance to step up and thrive.

And of course there will be large inequalities. It’s not the groups that have contributed to climate change and ecosystem breakdown the most that will feel it the most. The people who are clearly causing the most carbon emissions are not necessarily living in the regions that are most affected. Climate change will impact everybody, but we know that Asia is very vulnerable to rising sea levels; we know that Africa is going to have the most desertification.

And secondly, and I think this is arguably more important, we don’t want to be following the comprehensive technology scenario in the first place. It’s not the best-case scenario. I hear so often: “Oh, we can innovate ourselves out of this.

We have all been taught that the only way to alleviate poverty is through growth. And that is simply not true.But you cannot alleviate people from poverty without growth if the 1 percent hold onto all of their wealth. So the alternative to growth is of course sharing more. But people are very loss-averse. Once there is already a lot of inequality, there will be very powerful resistance from those people at the top that have a large accumulated wealth and power.

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